If my car needs to be scrapped, could I terminate the insurance and get the money back like road tax?

Answer 1

Yes. U can get a refund for the remaining term. Depends on ur company though, but most do it on a day by day basis. U might also be charged an admin fee though (which is basically a silly con u have to pay so the insurance company keep a little bit more of your money) - U can't claim any money back if you've made a claim during the period of your insurance policy.

Answer 2

Yes you can.
For the insurance, the company may ask for the certificate back.
For Road Tax, there's a special form from the Post Office that you fill in and attach the tax disc to, before sending back to the DVLA. You get a pro-rata refund.

Answer 3

The only one who's really right here is Barmy. It depends on your insurers. Some will say that you have contracted to buy 12 months cover and that's what you've got, like it or lump it.
If, however, you're thinking of buying another car, ring the company & ask 'em if you can suspend the cover until you've found the new one. You never know, they might play ball!

Answer 4

Yes get it sorted soon and make sure you get a certificate from whoever buys your car I forgot and ended up with the police coming round because someone had used it on road to commit a crime even though it had been scrapped !! lol

Answer 5

sure, I too believe you. besides the undeniable fact that the authorities is determined for ever more suitable tax sales and tax is unpopular so putting even more suitable tax on gasoline after we already pay the optimal gasoline tax in Europe, and likely the global, (see link) it truly is seen by technique of chancellors as likely to reason such resentment that it may heavily damage their possibilities for re-election. As a separate tax it may properly be 'spun' to the stupid, i.e. truly some the voters of their opinion, as being needed for highway upkeep as some responders apparently have self belief, or as needed for checking possession as others apparently have self belief . the in reality efficient use I particularly have familiar made up of it truly is the present regime of graduating the tax so as that it truly is appreciably decrease for the more suitable gasoline effective vehicle. besides the undeniable fact that the reality is, it truly is a a lot less glaring tax that, because it isn't too onerous in itself, human beings will grumble about yet typically pay even as no longer being a real aspect even as it includes familiar elections. As to it no longer truly being a criminal offense now to not pay it i'm afraid you're heavily flawed. Non-fee particularly encompasses both properly desirable crimes any authorities can conceive of. contained in the first position you're defying them, our masters, that could in no way be allowed and contained in the 2d position you're taking tax sales remote from them that could in no way be popular.

Answer 6

if your going to quit the policy then maybe but if you stop it and then buy a car in a month then they may not insure the next one but if your not transferring then ask for a refund and tell them you'll come back in the future ,,

Answer 7

If the policy is in it's first year, then i would very much doubt it. If you have paid for the year up front, and it is not in it's first year, then you usually get a pro-rata amount back, less the admin fee.

Answer 8

Yes, your insurance policy will probably show % paid back for each unused month. Get cracking.

Answer 9

yes thats right, need to go to the post office to get a form to reclaim the money.

But be warned, cancelling the insurance will affect your next quote, they are swines like that.

Answer 10

yes but not much. i think it would be better to suspend it until you get a different car. call you company to discuss which is the best option for you