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Insurance refund

  • 06-09-2017 11:34am
    #1
    Ultimate Seduction
    Closed Accounts Posts: 4,464 ✭✭✭


    Insured my car just over a month ago, paid in full. Circumstances now changed dramatically, car is for sale. Won't be driving anymore.

    If I cancel it and look for a refund, anyone any idea how long it takes to get the refund? I'm aware I will only get back 75% of What I paid.


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    Ask your insurer?


  • #3
    chillywilly
    Registered Users, Registered Users 2 Posts: 2,794 ✭✭✭chillywilly


    As above, ring your insurer and they will quickly tell you.

    It should be with 5 working days.


  • #4
    Ultimate Seduction
    Closed Accounts Posts: 4,464 ✭✭✭Ultimate Seduction


    Henry Ford III wrote:
    Ask your insurer?

    chillywilly wrote:
    As above, ring your insurer and they will quickly tell you.


    Sound lads, not being smart but obviously I asked them. They couldn't tell me, only to send in my cert and disc and they'd let me know.

    Just looking for someone with experience of the same situation.


  • #5
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    Some insurers are quicker than others though. I'd budget say 2 weeks from sending in all the details.


  • #6
    Ultimate Seduction
    Closed Accounts Posts: 4,464 ✭✭✭Ultimate Seduction


    Henry Ford III wrote:
    Some insurers are quicker than others though. I'd budget say 2 weeks from sending in all the details.


    Cheers. I'm heading away on Sept 16th so fingers crossed.


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  • #7
    Chiorino
    Registered Users, Registered Users 2 Posts: 622 ✭✭✭Chiorino


    Ultimate Seduction wrote: »
    I'm aware I will only get back 75% of What I paid.

    Did the insurer give you this figure?


  • #8
    Ultimate Seduction
    Closed Accounts Posts: 4,464 ✭✭✭Ultimate Seduction


    Chiorino wrote:
    Did the insurer give you this figure?


    Yeah, it's in there terms of business on there website. 1 month 75% 2 months 50% or something along those lines.


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