However, these would potentially reduce your no-claims discount and therefore impact the following year's premium. It actually says in the policy document:If either you or We cancel within 14 days of receiving your policy documentation We will charge you a fee of 20 plus the cost of the amount of time you have been covered unless you have made a total loss claim in which case no refund will be given and all premiums will be due.I HAVENT even received any documentation yet. Optional extras might also be available, such as breakdown cover or legal protection, which you can add to your policy for an additional cost to your annual premium. Companies can ask for reviews via automatic invitations. Get the lowest car insurance quote returned from Halifax's trusted panel of insurers in a matter of minutes. I have just rung to cancel the insurance which is within the 14 days cool off period, plus it's not even 24 hrs and I'm being charged an amendment fee. For more information read our Ultimate Guide to Cancelling Car Insurance. Apply for a quote now and save 10% when you buy online. Discover coverage thats broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims. The price you could achieve is dependent on your individual circumstances. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Its a legal requirement for your car to be insured and taxed if youre using, or even just parking a car on public roads. Buying a non-owners policy helps you maintain continuous insurance coverage. By law, you have a minimum 14-day cooling-off period during which you can cancel the policy for any reason. I was able on the phone using the same debit card pay the bill.Later I queried this with Halifax automatic Q&A which said I'd reached my spend limit,clearly rubbish.Give a proper answer please Halifax. Average Cost to Cancel UK Car Insurance (2023) | NimbleFins Please get in touch with us to see how we can help. No Claims Discount Protection (NCD) Terms, conditions and exclusions apply. Some manufacturers may require you to have separate battery insurance. If you have new insurance lined up, your new insurer may give you a template letter, often called a cancellation letter or cancel previous insurance letter. When your car insurance has lapsed, you are exposed to significant risks. Contacted Halifax to upgrade policy due to a vehicle upgrade. Cancel by phone: 0344 209 0470. Get a Car Insurance quote today Sign in and get a quote. Gap insurance Yes We understand that many things can lead to financial difficulty. The annual cost of car insurance is largely based on risk, and how likely you are to make a claim. If you have a car loan, you might need to tell your bank or the owner of your loan that youre switching policies. Yes Dive into statistics about fatalities and the types of accidents happening in New York. Each insurer sets their own expiry period, but with Halifax your quote is valid for 30 days, giving you time to consider your options. You can cancel your car insurance policy at any time. If you've already made a claim, the premium calculations are quite different. What you could change without canceling your policy: While canceling car insurance is easy, it may put you in a high-risk pool if you dont have a new policy lined up. [CDATA[// >