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Car Insurance by instalments
If I buy my car insurance in instalments then write off my car in a couple of months, having paid only 2 months of the insurance, am I contracted to keep paying the instalments for the rest of the year?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Did you have third party or fully comp? Did your insurer pay out to a third party?
If you only had third part cover, and the claim resulted in the third party being compensated, then yes - you will have to pay the remaining premiums.
If you had fully comp the remaining premiums will be deducted from your payment.
If you only had third part cover, and the claim resulted in the third party being compensated, then yes - you will have to pay the remaining premiums.
If you had fully comp the remaining premiums will be deducted from your payment.
Yes you are, read my answer here:
http://www.theanswerbank.co.uk/Motoring/Road-r ules/Question715418.html
http://www.theanswerbank.co.uk/Motoring/Road-r ules/Question715418.html
In my opinion you have to pay the instalments for the rest of the year. For more about the instalment payments of insurance visit the following site.
http://insurance-plan-guide.blogspot.com
http://insurance-plan-guide.blogspot.com