Mark101 536 Posted June 19, 2018 Called Insurance broker yesterday to enquire about adding additional "casual" drivers to my policy - I had this option as well as lending out courtesy cars when I had the pitch but apparanetly it has changed - all drivers need to be on the payroll nowadays - fair enough, I accept that but..... In my infinite wisdom and as I had been on hold for so long, I asked Autonet to change my trading name on the policy. Started as a sole trader in February and paid insurance in full upfront; I have since incorporated the business and used something other than my own name - a brand if you like. There has been no changes to the premises, drivers, phone numbers, address, indemnity levels etc etc etc, just a name change. As I am now a Ltd company, that'll be +£508 for the reaminder of the policy Sir. I said, cancel the policy then, refund me and I will shop around. She said, I can do that Sir but as fully paid up Tradewise customer, they will charge you 75% of the annual premium. So I am bolloxed then? Can you do anything. She said, on this occassion we will not charge you our £37 admin fee (this is the only reason I hadn't said anything sooner because I didn't want to pay an admin fee), so that'll be £471 Sir to pay in full now (which I did of course). She went on to say that I have an all singing all dancing 4* policy which covers are far broader range of vehicles, which is why it is so expensive. Great I said, are motorcycles covered - no she said, that'll be extra. Share this post Link to post Share on other sites
Arfur Dealy 823 Posted June 19, 2018 Mark, a different risk for tradewise, B2B..... I'm with them as well :0 Never claimed in years...... Share this post Link to post Share on other sites
Mark101 536 Posted June 19, 2018 I know Simon, my fault for asking. My plan was to play dumb and just sort it at renewal - such is life and all that. Share this post Link to post Share on other sites
It's me 615 Posted June 19, 2018 2 hours ago, Mark101 said: I know Simon, my fault for asking. My plan was to play dumb and just sort it at renewal - such is life and all that. not a good idea if you had need to make or have a claim,ifeel your loss but at least you now are fully compliant Share this post Link to post Share on other sites
Mark101 536 Posted June 19, 2018 Thanks Chief I naively thought same drivers etc, what’s the issue. I suppose I was responsible before but now the company is - just one of those things. Share this post Link to post Share on other sites