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Do I get a refund if I sell my car after paying my insurance premium?

When you buy:

If you cancel before your policy is due to start, we will return any premium paid in full. Please return the certificate of motor insurance.

If you cancel your policy and cover has commenced, we will return any premium paid less a charge for the number of days for which cover has been given and an administration fee of up to £47.70 (including Insurance Premium Tax where applicable). We will not refund any premium if you have made a claim or if one has been made against you during the period of cover. Please return the certificate of motor insurance.

Where a policy is being paid by instalments there may be an outstanding balance to be settled following cancellation. If a claim has been made the full annual premium normally remains payable following cancellation. (There are several alternatives to cancellation that may apply including substituting the vehicle on cover, reducing the level of cover and suspending the policy). Should you have any queries please contact our Customer Hotline on 0845 246 8706.

When you renew:

If you cancel before the new period of insurance (renewal) is due to start, we will return any premium paid in full. Please return the certificate of motor insurance.

If the new period of insurance (renewal) has started and you cancel within 14 days of it starting or within 14 days of receiving your documents (whichever occurs later), we will return any premium paid, less a charge for the number of days for which cover has been given. We will not refund any premium if you have made a claim or if one has been made against you during the period of cover. Please return the certificate of motor insurance.

If you cancel after those 14 days have passed, we will return any premium less a charge for the number of days for which cover has been given and an administration fee of up to £47.70 (including Insurance Premium Tax where applicable) as shown in your schedule. We will not refund any premium if you have made a claim or if one has been made against you during the period of cover. Please return the certificate of motor insurance

 

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