Automatic renewal of car insurance

LeTouriste replied on 27/12/2020 11:02

Posted on 27/12/2020 11:02

When I reach the 30-day period before insurance expires, I begin to research best premium for the coming year. To start, I ask current insurer for the renewal price.  This year Admiral raised the premium from £811 approx. To a little over £1100.  Challenging it brought it down to £933 - but I said I wasn’t satisfied and would look around.  Finding a better premium via Confused.com (lower by over £200), I changed to this new insurer, and took out a policy on 12/11/2020 (current insurance expired 09/12/2020). A little after taking out the new cover, I received an email from Admiral stating a new premium of £933.18.  I replied to the email that I had found alternative cover and would not be renewing with them.  What I had failed to spot was that it was a “Do not reply” email, although it was not rejected by the Postmaster service.

Casually looking at my bank statement during Boxing Day, I noticed that Admiral had taken £933.18 on 14/12/2020.   I am annoyed, not only by my careless oversight of the “do not reply”, but also that Admiral would send a “do not reply” email when they intend to take money from a bank account unless the customer contacts them otherwise.  This is poor business practice as a non-serviced email should never be sent in such circumstances.  The volume of emails that get received daily (mine can be 50+ when you include spam and promotional ads from previous purchasing outlets), and a “do not reply” instruction can be easily missed.

After clearing the holiday period, Tuesday 29/12 will see me having to chase up Admiral for refund of the £933.18. frown

Metheven replied on 20/01/2021 09:33

Posted on 20/01/2021 09:33

I have been aware of this 'auto renewal' for a number of years and either ask for its removal when taking it out or by phoning when I receive the renewal EMail.

What bugged me this year (expires Feb 4th) was the renewal setup £20 fee as I do all the work online myself, so I'm paying them for my time. Although there was a good reduction of the policy from £311.42 last year to £276.36, on phoning the lady said it had always been included but transparency regulations means it is now shown as it is. So auto renewal has been removed but I will stay with them for another year. 

replied on 27/01/2021 09:14

Posted on 27/01/2021 09:14

Seems anew sneaky way to catch us out this Automatic Renewal" scam.

Not new really. I have had all my insurances on auto renew for years: Lest I forget

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