Essex Posted November 28, 2009 Report Posted November 28, 2009 Just what is happening with regard to insurance. I stupidly agreed for my monthly installments to be taken direct from my debit card from my insurer over the last 12 months, which to be honest has not caused a problem at all, however it transpires that paying in this way means you have no control at all, i.e. you cannot stop a payment if the need arose. So upon receipt of my renewal quote this week l spoke to them requesting direct debit (DD) payments and after some discussion they advised me that they really only take card payments, however should l choose DD there would be a 20% charge on the yearly premium AND an extra 10% on each monthly payment. As a result l am looking really hard at other insurers, which l must add are only charging approx. 11% on the yearly premium. Also l find that all the hype regarding the comparrison insurance sites are over rated, yes l could save Quote
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