few insurance q's....

[chris_clio_2006]

My policy ends this wknd and im looking to get 6 months insurance, just back on my rt for now.

Just wondering if anyone pays monthly on their insurance or has taken out a 6 months policy?
Who with and where's best??

Also a few people have been saying it isnt possible at 18 to pay monthly (i.e pay one month at a time and cancel whenever you wish)??


any help greatly appreciated!

 

[DrR]

Just pay for a year, when you cancel you'll get half back (i think)

 

[Has]

Right,

You cannot get a 6month policy (most dont)

You can pay monthly but some companies charge a premium for this.

You can cancel the policy at a certain stage, but sometyimes what you get back isnt the full amount. There can be cancelation fees or in most cases the first few months cost the most.....and the end months are worth less in the policy terms.

So all i can suggest is ring around and double check there terms before taking out a policy. A bit more work for you to do but if you want to get the most money back you will have to do it.


There are places that do offer short term policies, but again at 18 may be costly.

 

[chris_clio_2006]

Thats clever never thought of that, but i dont have the money to pay for a whole year straight off, thats why i was looking for a pay monthly policy...

 

[Has]

Just pay for a year, when you cancel you'll get half back (i think)

As per my post above, doesnt always go that way

 

[chris_clio_2006]

wow. cheers guys, yeh phoning rnd is the only way to get a real idea of what to expect I suppose i was just looking for a bit of prior knowledge.

so looks like the parents are going to have a huge phone bill run up this weekend

if anyone does know of any companies doing good pay monthly or 6 months policies let us know!

 

[Ibanezman]

Might not be suitable mate, but have you thought about stretching to a 10 month bonus policy to get a years no claims out of it ? Seems a pity to waste 6 months paying insurance when an extra 4 months would get you a years no claims.

 

[chris_clio_2006]

yeh true but, ill be at uni in 6 months and wont need a car (I dont know how im going to get by without driving )

something worth considering though... cheers