My insurance policy was cancelled, what can I do now? Watch

IWMTom
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#21
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#21
(Original post by GonvilleBromhead)
The smartest way to counteract this is to insure as a learner as soon as you can. Buy a £200 crapbox that doesnt even run if you need to and insure it on learners insurance. So long as you have a policy in your name. Then be a learner for a year. One years no claims straight out the gate, massively reduced premiums - around a 50% discount I believe. My first car after passing was a 1.6 and it cost about £1000 on the insurance w/out a black box by using this method.

To the OP - you sped with a black box installed? Seriously? Black boxes are awful. I have had a few situations where other peoples bad driving has caused me to accelerate or brake quickly which the box would have hated but it wasn't my fault - they're basically total liability mitigation for insurance companies.

You may be able to find specialist insurance to cover just your commute but honestly I'd say invest in a bus pass or a railcard because you won't be on the road for a reasonable price for years.
In principle this is clever, but I'd imagine many insurers would not accept a no claims bonus from when you were supervised every time you drove.

Comparison websites don't tend to allow the no claims years be higher than the licence held years, so this may be an issue. You'd have to ring around every insurer separately.
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Emma:-)
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#22
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#22
(Original post by BullViagra)
In my experience, as someone who lives in central london, most my friends and people I know were quoted thousands of pounds cheaper with blackbox, to the the point that insurance was not even possible otherwise.

However I also know people in the suburbs who were quoted £400 less if they opted for blackbox, in which case I think it's completely silly to not just pay the extra premium


my point from the beginning is that for a lot of people, blackbox is the only viable option (hence why a lot of people have had to accept it). saying that you'd rather pay an extra £2000 to avoid the box is completely daft.
Tbh, in central london- depending on where abouts around there i lived id be inclined to possibly use public transport. At least until i was a bit older (i.e. over 21/25) and the price of the premiums had come down a bit to a more reasonable price.
But yeah- if it was that much cheaper- then a black box might be worth looking into. I do agree with what you say about not taking a black box if it was a couple of hundred quid without one.
I still say they arent worth the hassle. Having your driving constantly monitored, curfews and mileage limits (depending on what company you go with) etc.
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GonvilleBromhead
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#23
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#23
(Original post by IWMTom)
In principle this is clever, but I'd imagine many insurers would not accept a no claims bonus from when you were supervised every time you drove.

Comparison websites don't tend to allow the no claims years be higher than the licence held years, so this may be an issue. You'd have to ring around every insurer separately.
Certainly it's not a catch all, but it's a good starting point.

I insured via compare the market and other sites w/ more years no claims than years my license was held with no issue. Again, every person would individually have to check if it applies to them, but it does mean my insurance for a 2.5L turbo wasn't astronomical despite having only held my license for a year (although being 21 or over contributes as well) due to in part the stacked no claims offering a 65% discount (ish).

No insurance company I spoke to or got quoted by had any issue with it, apart from they couldn't transfer incomplete months (I was a learner for a year and three months or something like and lost said 3 months) - however as mentioned this is a personal remedy and would need investigation by the individual attempting to use it.
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IWMTom
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#24
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#24
(Original post by GonvilleBromhead)
Certainly it's not a catch all, but it's a good starting point.

I insured via compare the market and other sites w/ more years no claims than years my license was held with no issue. Again, every person would individually have to check if it applies to them, but it does mean my insurance for a 2.5L turbo wasn't astronomical despite having only held my license for a year (although being 21 or over contributes as well) due to in part the stacked no claims offering a 65% discount (ish).

No insurance company I spoke to or got quoted by had any issue with it, apart from they couldn't transfer incomplete months (I was a learner for a year and three months or something like and lost said 3 months) - however as mentioned this is a personal remedy and would need investigation by the individual attempting to use it.
It is rather clever, I will give you that. I'm skeptical, but I'll take your word for it!
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The_Internet
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#25
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#25
(Original post by RoyalSheepy)
PRSOM.

They think we're trying to rip them off, but we're trying to save them money in the long run :lol:
I've had a black.box before,though I don't speed excessively either
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Oliviaswan00
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#26
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#26
The exact same has happened to me did you get sorted?? Insurance companies are actually just telling me no im not even getting expensive quotes? Do you recommend any insurance conpanies
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Liamw1998
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#27
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#27
(Original post by BullViagra)
For most people I know who live in urban areas, black box makes thousands of pounds worth the difference. For 90% of youngsters its difference between affording insurance and not being able to drive. I agree that if the difference was £200 itll be daft to get the blackbox, but its silly to assume OP made the choice of installing a blackbox to make a small saving. Most likely, the blackbox was installed to save thousands of pounds.

My first ever insurance was a black box one, the quote was £2200, otherwise without it I would have had to pay £6000. Nobody in my family was daft enough to pay that much for a £4000 car. Fortunately I managed to get cheaper insurance later and immediately switched.

To OP, look for insurance specialists and brokers and see if they can help you.
Paying 2k for insurance is dumb, should be smarter in selection of a car instead. My first year insurance was 1,100 for a 1.6 with no black box
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Oliviaswan00
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#28
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#28
(Original post by Liamw1998)
Paying 2k for insurance is dumb, should be smarter in selection of a car instead. My first year insurance was 1,100 for a 1.6 with no black box
What insurance company were you with??
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Liamw1998
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#29
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#29
(Original post by Oliviaswan00)
What insurance company were you with??
I actually can’t remember now. It wasn’t anything well known. It’s not about what insurance company you go with though, the smartest thing to do is look in comparison websites before you get your car with different sets of info and see what makes it cheapest and what cars are cheapest. Then when you find a car that you can insure reasonably cheap, buy the car.

Silly thing to do is buy the car without even checking the insurance prices. You could end up spending like 2.5k on a 1k car, which is dumb, as you could invest an extra 1k of that in to the actual car and maybe only pay 1.5k insurance for a 2k car; then although you pay the same amount for the first year, your insurance will be tons lower for coming years and you will see that decrease very clearly, and also, the initial 1k extra you spent on the car is more of an investment that you can actually take back out again when you sell the car (give or take a bit for depreciation of the vehicle)
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nevershear
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#30
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#30
(Original post by Oliviaswan00)
The exact same has happened to me did you get sorted?? Insurance companies are actually just telling me no im not even getting expensive quotes? Do you recommend any insurance conpanies
Specialists. Mainstream insurers are now offlimits to you. With a few years NCB and a bit of age; they might talk to you then but otherwise; forget it.

If you're under 25, getting a policy that is not either less than 4k, or without a 3k compulsary all-sections excess is also now out of the question.
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Snahamd
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#31
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#31
Usually when your policy is being cancelled by the insurers they will give you a week or so. In that time you can cancel your policy yourself. If you do that technically you cancelled your policy rather than your insurers so you wouldnt need to declare it.
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nevershear
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#32
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#32
(Original post by Snahamd)
Usually when your policy is being cancelled by the insurers they will give you a week or so. In that time you can cancel your policy yourself. If you do that technically you cancelled your policy rather than your insurers so you wouldnt need to declare it.
It doesn't work that way. Once they've issued you noticed that's game over, you can opt to end your cover early, but you'll still have a cancelled policy. That notice is so they A) Don't leave you stranded in the middle of nowhere B) So you can resolve the issue if the MIB has made a mistake C) So you can find new cover.

It's pretty much a gesture of good will, but I think it's also a requirement.
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Bossinit
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#33
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#33
Hi, go with LV they don’t check the past insurance. You can probably get a quote at a reasonable rate. It will be much better than what your getting now. Also cancel your insurance before your company cancels you! Then you will not have to declare it hope this helps guys I was in the same position
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IWMTom
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#34
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#34
(Original post by Bossinit)
they don’t check the past insurance
What do you mean by this?
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Dannit2
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#35
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#35
I think the majority of people here are a bit uneducated when it comes to black boxes. I've almost been driving for 2 years - I've not had any bad experience with the black boxes.

And in all that time, I've had a black box within my car. Black boxes are not all that bad, providing that you're not a complete idiot and if you know how they work.

OP said her policy was cancelled due to speeding. This would have meant, this wouldn't be the first, second, or third occurrence of where OP was caught speeding by her black box, meaning that he/she would have had to do it regularly for it to get to this point.

Also, the thing with black box policy's is that the insurance company would give you around 3 chances, as they give out warnings - giving you time to improve your driving.which in OP's case would be His/Her's speeding habit. Usually, after the third, it is when they cancel your policy ( they tell you this beforehand).

When you have a black box, they monitor your driving. And send you messages whenever your driving needs improving. They do this before giving out warnings. It is only when you choose to ignore them, when they start issuing the warnings and eventually cancel the policy. They never cancel it instantly.

Otherwise, mine would have been cancelled many months ago. As i do speed ever so slightly every now and again - obviously not to the point where OP has.
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Tanqueray91
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#36
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#36
(Original post by Dannit2)
I think the majority of people here are a bit uneducated when it comes to black boxes. I've almost been driving for 2 years - I've not had any bad experience with the black boxes.

And in all that time, I've had a black box within my car. Black boxes are not all that bad, providing that you're not a complete idiot and if you know how they work.

OP said her policy was cancelled due to speeding. This would have meant, this wouldn't be the first, second, or third occurrence of where OP was caught speeding by her black box, meaning that he/she would have had to do it regularly for it to get to this point.

Also, the thing with black box policy's is that the insurance company would give you around 3 chances, as they give out warnings - giving you time to improve your driving.which in OP's case would be His/Her's speeding habit. Usually, after the third, it is when they cancel your policy ( they tell you this beforehand).

When you have a black box, they monitor your driving. And send you messages whenever your driving needs improving. They do this before giving out warnings. It is only when you choose to ignore them, when they start issuing the warnings and eventually cancel the policy. They never cancel it instantly.

Otherwise, mine would have been cancelled many months ago. As i do speed ever so slightly every now and again - obviously not to the point where OP has.
different companies have very different policies around 'infractions'. Some black boxes will penalise you a lot harsher than others, and I know someone that had their policy threatened to be cancelled within a week of them having it (yes, they did go at 75 on a motorway) but was in no way dangerous, and in fact, was probably necessary due to the circumstances it was in (I was in the car with him in the car at the time), and others will be very lenient, I also know someone who was able to speed a lot, and all they had was an increased quoted premium in the following year, and wasn't offered bonus miles due to it in the current year. It can be very hit and miss with black box companies, and so a sweeping statement that they give you time to improve and such is just not true.
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nevershear
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#37
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#37
(Original post by Bossinit)
Hi, go with LV they don’t check the past insurance. You can probably get a quote at a reasonable rate. It will be much better than what your getting now. Also cancel your insurance before your company cancels you! Then you will not have to declare it hope this helps guys I was in the same position
Considering we're in March 2018 and this was posted July last year, I'd say that opportunity has long since passed.

(Original post by IWMTom)
What do you mean by this?
Afaik LV doesn't ask the have you ever been cancelled question; but then again them insuring people without NCB and experience is a foreign concept anyway tbh. Could be wrong and I just haven't looked at their forms hard enough.
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IWMTom
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#38
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#38
(Original post by nevershear)
Afaik LV doesn't ask the have you ever been cancelled question; but then again them insuring people without NCB and experience is a foreign concept anyway tbh. Could be wrong and I just haven't looked at their forms hard enough.
Sorry for the tardy response but I've been doing a bit of research - you're right that there's no question regarding previously cancelled policies on their proposal form, and there's nothing in the terms regarding previously cancelled policies.

However, an LV representative has confirmed to me that they use a shared database to look for cancelled policies, and either refuse to quote or increase premiums if it's a cancellation for a reason they don't like - some types of cancellations make no difference. They were unable to confirm which cancellations would affect a quote, and which wouldn't.
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nevershear
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#39
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#39
(Original post by IWMTom)
Sorry for the tardy response but I've been doing a bit of research - you're right that there's no question regarding previously cancelled policies on their proposal form, and there's nothing in the terms regarding previously cancelled policies.

However, an LV representative has confirmed to me that they use a shared database to look for cancelled policies, and either refuse to quote or increase premiums if it's a cancellation for a reason they don't like - some types of cancellations make no difference. They were unable to confirm which cancellations would affect a quote, and which wouldn't.
Usual drill probably. Fraud - no thanks. Missed a payment? Eh we'll forgive you.
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IWMTom
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#40
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#40
(Original post by nevershear)
Usual drill probably. Fraud - no thanks. Missed a payment? Eh we'll forgive you.
Pretty much.
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