Aquote insurance

Anyone here use them?
If so,watch out when your policy comes up for rewewal. It seems they
have a "policy" in place that will automatically renew your policy and
charge the premium to whatever debit, or presumably credit, card you
used to initially pay the premium.
They will write to you to inform you of this and then expect you to
tell them if you don't want the policy. I'm quite surprised that this
is allowed by the FSA, particularly as when, in my case, the inception
of the policy didn't constitute an ongoing mandate, just a one off
payment.

 

Churchill and it's many aliases does the same.

It's an underhand practice IMV. Especially as renewal premiums very rarely
represent a competitive market price. Fortunately I noticed before they
took the car renewal premium and told them to **** off.

I then took a policy out with Lloyds TSB. This turned out to be
underwritten by Churchill. This amused me somewaht, as Churchill is owned
by RBS.

I didn't notice any warning when I took out the Churchill policy in Dec 07.
Last month, the Lloyds TSB payment screen made it quite clear of their
intention to renew the policy after 12 months, unless given other
instructions.

My house insurance is with Churchill too. I'll be reading the renewal
notice in March very carefully...

 

unlike my feral apostrophe

 

Isn't there a "#" for doing that ?

 

Its quite normal in France and a few other EU states and not just for motor
insurance. Here you basically have to indicate your intention not to renew,
2 months before renewal date or you have accepted renewal. Its normally all
done by recorded delivery letters.

There are some legal get outs if your premium has gone up by over a certain
percentage etc but basically the policy is considered to be renewed unless
you have stopped it in the correct timescale. This also means that you are
automatically liable for the premium, like it or not.

Mike