How To Cancel Swiftcover Car Insurance

What Is Swiftcover Car Insurance?

Swiftcover car insurance is a popular choice amongst motorists due to its low premiums and generous coverage. It is an online-only insurer, meaning that customers can manage their policies and make payments through the official website. The company offers various types of cover, including third party, third party fire & theft, and comprehensive policies. They also provide optional extras, such as legal cover and breakdown cover.

Cancelling Your Policy

If you decide to cancel your Swiftcover car insurance policy, the process is relatively straightforward. Firstly, you need to get in touch with the company. You can contact them by telephone, email or post. It is important to note that you need to provide your policy number and other relevant details, such as your name and address.

Once you have contacted Swiftcover, they will be able to carry out the cancellation process. If you are still within your cooling-off period, then you may be able to get a refund. However, if your policy has already started, then you will not receive a refund.

Additional Fees

When cancelling your policy, there may be some additional fees to consider. Firstly, you may have to pay an administration fee. This fee tends to range from £25 - £50, depending on the insurer. Additionally, if you have already made a payment for your policy, then you may not be able to get a refund. In that case, the insurer may deduct the amount that you have already paid from any refund that is due.

Discounts And Promotions

When you cancel your policy, you will not be able to take advantage of any discounts or promotions that were included in your policy. This includes any multi-car or multi-policy discounts that you may have received.

Extending Your Policy

If you want to extend your policy, then you need to contact Swiftcover as soon as possible. If you are within your cooling-off period, then you may be able to extend your policy without incurring any additional fees. However, if you are outside of your cooling-off period, then you may have to pay an administration fee.

Cancellation Refund

If you have paid for your policy in full, then you may be able to get a refund when you cancel. The amount of the refund will depend on how much cover you have had. Generally, the longer the period of cover, the higher the refund.

In most cases, you will receive your refund within 30 days of cancelling your policy. However, this may take longer if you have paid by cheque or direct debit. Additionally, the refund will be sent to the same bank account or card that you used to pay for your policy.

Cancelling your Swiftcover car insurance policy can be a straightforward process. However, there may be some fees to consider, and you may not be able to take advantage of any discounts or promotions. Additionally, you may be able to get a refund if your policy has not yet started.