Thread: Another Insurance Question... Monthy Payment..

I need to pay for my insurance again soon, but plan on changing my car at some point in the near future. Im 19, so my insurance is a bit pricey. The thing is, if I take a new policy out with my car with one insurance company, and then change my car, but another company give me a cheaper quote on the new car, is there any way to get my money back from my first policy?

I was planning on paying it monthly, but the cheapest quotes for my current car want a rather large deposit... do I get that back if I finish it early?

If Im not being clear let me know!

Check with them but you should get the unused percentage back less any admin fee. I have done this in the past with no problems.

Originally Posted by PaulTheo

Check with them but you should get the unused percentage back less any admin fee. I have done this in the past with no problems.

Ok thanks, so Id lose my deposit? Thats around £400 on my cheapest quotes