Today my husband cancelled his motor insurance after selling his van on. The cancellation charge was £60 which amounted to 60% of the refunded amount. It was explained that this was a charge to cover admin costs - WHAT!! Surely in today's technology informing third party agencies that the insurance has been cancelled is just the touch of a computer button. Extortionate charges. Surely £25/£30 would have been more appropriate.
3 years ago
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