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Old Jan 28, 2013 | 04:37 PM
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BigChuck
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Joined: Jan 2007
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From: ayrshire
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Originally Posted by T.E.D. Jordan
I just took out a policy for a van that will last me a month or so, after googling/search engines I found out (in my case anyway) it was easier to just buy an annual policy and cancel after the two months i need it for.

I made sure I could cancel without paying for much more than 2 months worth though, as some will let you canel after a month even, but only refund you around 60% or worse.

Jordan

i know someone who insured a car, then found a cheaper quote, so cancelled the policy and went to get the cheaper one.

the cheaper one then went up in price, he asked why and was told he now has a history of cancelling policies and that effects prices.

that's the first i had heard of such a thing, it might be worth taking into consideration if you thinking of cancelling a full policy
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