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Insurance

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Old 11-30-2009, 06:13 PM
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Just a quick one.

I have just recieved my insurance premium and its about $1300. I have no choice but to pay it (or to look for another provider but I just can't be arsed) which is fine but it is my full intention to have the car sold in the next three months so in the scenario where I would have a good 9-10 months of coverage left, generally speaking, do insurance companies give refunds/credits of any sort?

Cheers
Old 11-30-2009, 06:20 PM
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I'm not quiet sure, but if you get another car you can work something out with the insurance to insure the other car for the remaining period.
Old 11-30-2009, 06:57 PM
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Generally yes, the amount of your premium pro-rated for time remaining on your policy minus an admin fee.
Old 11-30-2009, 07:03 PM
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Yup, I'm with Joe.

But some companies offer by the month premiums. Might be another option.
Old 11-30-2009, 08:04 PM
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You should be able to get a refund minus an admin fee minus the stamp duty component.
Old 12-01-2009, 08:16 PM
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Originally Posted by joefish1298,Dec 1 2009, 01:57 PM
Generally yes, the amount of your premium pro-rated for time remaining on your policy minus an admin fee.
i recently got my refund for the balance of the insurance on my S .

Best to actually call the insurance company
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