Can I cancel insurance I just paid for if I find a cheaper option?
I've purchased car insurance, which is due to start on the 22 Aug. However, I've found a cheaper provider. Am I allowed to change my mind and cancel the policy even if the insurer has taken their fee from my bank account?
Asked on 15 August 2019 by Peter cafferty
Answered by
Tim Kelly
You have a 14 day cooling off period from the point of inception. You are entitled to a full refund. If it's passed 14 days, a full refund with a "reasonable charge" for an administration fee will occur. There should be no cancellation fee.
Tags:
insurance
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