Many drivers get an unexpected shock when making a car insurance claim under their motor policy and they find out how much they have to pay out of their own pocket for their policy excess.
But that isn’t the end of the nasty surprises lying in wait for unwary drivers when they contact their insurers. Some policyholders charge for everything you ask them to do for you. Examples include:
£17.00 fee for sending out new documents
£47.50 fee for cancelling a policy before renewal
£22.50 fee for cancelling within a 14-day cooling off period
£5.95 fee for paying by credit card
£20.00 fee for a missed payment.
Vamco strongly advise motorists to ask about these charges when choosing a cheap insurance policy – it might not turn out to be the bargain you thought it was!
Non fault claims processed by Vamco do not require the claimant to pay the policy excess upfront. Vamco do all the work in recovering the full amount of damages directly from the third party insurer.