Wish I had kept my mouth shut :(

[Mark101 536]

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.

 

[DBDlloyds 18]

That's poo 

[Arfur Dealy 823]

Mark, a different risk for tradewise, B2B..... I'm with them as well :0 Never claimed in years...... 

[Mark101 536]

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.

[It's me 615]

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

[Mark101 536]

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.