Greenlight/Highway Cancellation Fee?

[Day]

Anyone roughly know what I'm likely to be charged to cancel my policy 4 months in?

I pay in installments.

No need for any other comments/replies other than what I'm asking...

 

[edde]

From what I can remmber from them you have to pay nearly the whole year that far into the policy at least another 4 month I'd bet.

 

[White16valver]

What edde says.

You usually definitely get nothing back past about month 8, so you're looking at about 50% + administration fee I reckon.

 

[Al Wilson]

The only way you get a better amount back is when they can't insure you through their company or underwriters and you are forced to change policies mid term. You have to provide proof of your new insurance certificate though.

 

[Day]

^ Thats a good idea and probably applicable in this case.

 

[Al Wilson]

I only know this as I have had to cancel twice with them. First when I had to change underwriters with them but was still insurable under a different underwriter. I cancelled and took out a new policy but lost loads as I wasn't even halfway through.

The second was this time when I went to change to my 182 but the nearest quote they could give was £500 more than the cheapest one, so regretably I had to cancel after 4 years service. As they were unable to provide cover they returned a fairly sizable amount 7 months into the policy.

Try it and see what they say.

 

[Marky_]

From what I can remmber from them you have to pay nearly the whole year that far into the policy at least another 4 month I'd bet.

Wow! That's quite steep. When I cancelled mine after 4 months, the company I was with only charged one extra month.