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Thread: short term car insurance

  1. #1
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    Default short term car insurance

    Anybody else got caught out with car insurance?
    Mine is due for renewal, but only need 2 months worth (fingers crossed)
    I'm either being quoted stupid amounts for monthly short term or will be slapped with huge cancellations fees.

    Whats the answer?


  2. #2
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    Have you called round lots of places only I'm sure we had the same but found a place who I canjnot remember that advised to take the year out then cancel it was the only way to get the price down

  3. #3
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    Well you could take a year paying monthly and then just cancel the payments when you are ready to leave. They won't like it but frankly, do you care?

  4. #4
    Manks's Avatar
    Manks is offline Serial procrastinator and general busybody
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    I've cancelled car insurance mid-way through the year and had no problems. Maybe a small admin charge, but there was no issue. I would do as Mylesdw says though and pay monthly, that way you're not left waiting for a refund.

  5. #5
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    The trick seems to be finding the companies with a small admin fee, so far the average is 50 to cancel.

    that makes a very expensive 2 months insurance.
    (shrug)
    still looking . . . .

  6. #6
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    Apr 2010
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    Auckland NZ
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    I've been caught in the same problem - not helped by moving to temp accomodation at the same time as all car tax/mot and insurance are due to be renewed and I only need the car for one month!
    Answer seems to be pay up front and cancel for the 50 - I've not found cheaper.
    AA were v. good about the breakdown though and they allow you to cancel anytime at no cost.

    Please post back if you find a better solution in the next week or so!

  7. #7

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    You'll be pleased to know that you don't have to worry about this sort of nonsense in NZ. If you cancel your insurance (car or house) you generally get a refund no questions asked without any admin fees.

  8. #8
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    Be careful with the monthly then cancel approach. In some cases you actually buy and annual policy, and then take a loan out repaid over 11 months with a deposit equal to 1 month. So in this case then you in theory could still be chased by the loan company (who may be a hidden company within the insurance company you thought you were dealing with). Just worth checking.

    (I was the opposite way round, I actually sold the car 2 weeks before the end of my policy, so just said nothing and didn't renew).

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