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Whats a fair admin charge on car insurance ?

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mr wilks
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Whats a fair admin charge on car insurance ?

Post by mr wilks » Fri Apr 24, 2015 5:10 pm

So i cancelled a policy with 4 months to go , refund was £124 less £33 admin :o
Pretty sure last year it was £24 when i cancelled with same company but can't be sure
Seems excessive so what have you been charged for similar ?
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Bing
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Re: Whats a fair admin charge on car insurance ?

Post by Bing » Fri Apr 24, 2015 5:24 pm

Direct line tried to charge me £50 for leaving them. Which they dropped when I complained vigorously that the reason I was leaving them was because they would not provide a competitive quote.
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Havard
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Re: Whats a fair admin charge on car insurance ?

Post by Havard » Fri Apr 24, 2015 5:25 pm

mr wilks wrote:So i cancelled a policy with 4 months to go , refund was £124 less £33 admin :o
Pretty sure last year it was £24 when i cancelled with same company but can't be sure
Seems excessive so what have you been charged for similar ?
I assume if there is an "admin" charge then the refund was pro rata for every month used or started. I assume the annual premium was £400?
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