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Another Insurance Question... Monthy Payment..

Discussion in 'Insurance - Sponsored by Sky Insurance' started by A3 Sport, Feb 5, 2011.

  1. A3 Sport
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    A3 Sport Member

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    [Feb 5, 2011]
    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! :thumbsup:
    #1
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  3. PaulTheo
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    PaulTheo Member

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    [Feb 5, 2011]
    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.
    #2
  4. A3 Sport
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    A3 Sport Member

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    [Feb 5, 2011]
    Ok thanks, so Id lose my deposit? Thats around £400 on my cheapest quotes :(
    #3

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