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Before beginning to claim your bank charges be sure to read the FAQ by clicking the link above. Read it carefully and also read as much of the forum material as you can manage before you start claiming your bank charges refund. You will have to register before you can post or view the materials which may assist you in reclaiming your penalty charges: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. Understand what you are doing and you will be able to Reclaim the Right more effectively.

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Old 14th July 2007, 15:21   #1 (permalink)
Matt54
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Default Link Insurance admin fees for address changing

Hello everyone,

I've just moved out to a new house and called my motor insurance to let them know about this change. I was shocked because they charged me 40£ for admin fees!!! + 10£ because my new address is supposedly "higher risk".
I don't mind paying for the 10£ even if I don't believe my new address is higher risk than the other one.
I've checked my car insurance policy and they never mentioned about the 40£ charge for amendments! I am really annoyed about that, especially because my policy ends in a couple of months.

Are they allow to charge me 40£ just for a simple address change?

Any advice would be greatly appreciated.

M.
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Old 16th July 2007, 21:47   #2 (permalink)
shudder
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Default Re: Link Insurance admin fees for address changing

£40 for admin fee's, that’s a bit extortionate!
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Old 16th July 2007, 21:49   #3 (permalink)
shudder
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Default Re: Link Insurance admin fees for address changing

I would say that you deal through a broker as Link do not offer any direct public sales (according to their website). This explains why you cannot see the £40 admin charge disclosed in the Link documents.

It is likely that Link are the ones charging £10 for the change of address (even if you have moved to a better area the vehicle crimes rates could be higher) and the brokers are charging you £40.

Any charges made by the brokers should be disclosed in their 'Terms of Business' agreement and if it is ask them to give a breakdown as to how they arrived at that figure.
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