Ever been in a situation where you’ve found yourself pondering whether to hold on to or sever ties with your car insurance provider? If you’re an Ingenie policyholder and find yourself at this crossroads, worry not!
Cancelling a car insurance policy often comes with various fees and charges. If you’re considering cancelling your Ingenie car insurance policy, it’s essential to be aware of the potential costs involved.
Can I Cancel Ingenie Car Insurance Subscription
Yes, you can cancel ingenie insurance policy. However, customers should be aware of cancellation fees and the terms and conditions of their policy.
When you purchase Ingenie Learner insurance, you are granted a 14-day cooling-off period, during which you can cancel your policy and receive a full refund, provided you have bought more than a month’s cover. Additionally, you have the option to cancel your policy at any time without incurring any charges. Ingenie will refund you for any full months remaining on your policy as long as you haven’t made a claim. This flexibility ensures that you have control over your insurance coverage and the freedom to make changes as needed.
Steps Of Cancelling Ingenie Subscription
If you want to cancel your Ingenie car insurance policy, you will need to follow these simple steps:
- Contact Ingenie directly to initiate the cancellation process
- There are different ways to contact them, such as by phone or email, but the easiest way is to call the customer service number at 0330 678 0652
- Explain that you wish to cancel your policy and provide your policy details to the representative
- Ingenie may ask for a reason for cancellation, but this is not mandatory
- Follow any additional instructions provided by the Ingenie representative to complete the cancellation process successfully
If you have any concerns or complaints, contact Ingenie through the same customer service number or use their website to submit an inquiry.
About The Subscription Fee Of Ingenie
Ingenie is a telematics-based car insurance provider that uses technology to monitor driver behaviour. It provides insurance to young and inexperienced drivers and offers a subscription-based service.
- The subscription fee for ingenie is straightforward, with no hidden charges or fees.
- When you sign up with ingenie, you pay a one-time fee of £75 to cover the cost of the black box installation and administration.
- After that, you pay a monthly subscription fee for the duration of your policy.
- The subscription fee is based on your driving behaviour and calculated every month, so it can vary from person to person.
- Ingenie rewards responsible drivers with lower subscription fees, as the black box records and analyses your driving habits, such as speeding, harsh acceleration and braking, and cornering.
- If you drive safely and responsibly, you could see your subscription fee drop by up to 21% each quarter.
- On the other hand, if you drive recklessly and dangerously, you could see your subscription fee increase or face fines and penalties.
- Ingenie also offers a range of optional extras, such as key cover, breakdown cover, and excess protection, which you can add to your policy for an additional fee.
- The subscription fee covers the cost of the black box technology, the monitoring and analysis of your driving data, and the customer service and support provided by ingenie.
- Overall, ingenie’s subscription fee is competitive and affordable, and it encourages young and inexperienced drivers to drive safely and responsibly, reducing the risk of accidents and injuries on the road.
Does Ingenie Have A Cancellation Fee?
Ingenie does have cancellation fees that may apply depending on when and why you cancel your policy. Here’s a breakdown of the fees associated with cancelling your Ingenie car insurance policy:
- Cancellation within the 14-day cooling-off period: £80
- Cancellation after the 14-day cooling-off period: £35
- Cancellation before cover has started: £75
It’s important to note that if you cancel your policy before the end of the first policy year, you may have to pay up to £105 to cover the cost of the black box and its fitting, in addition to any cancellation charges.
No Claims Discount (NCD)
If you cancel your Ingenie car insurance policy, you will not earn a No Claims Discount for that year, as you must complete a full year of insurance to qualify for the NCD.
Other Fees and Charges
Ingenie also has a range of other fees that may apply when making changes to your policy, dealing with the black box, or incurring other administrative costs. Some of these charges include:
- General fee: Up to £30
- Mid-term adjustment: £35
- Voided policy fee: £20
- Referral of outstanding debt: £20
- Duplicated document charge: Up to £60
- New business arrangement fee: £60
- Renewal arrangement fee: £50
- Renewal Telematics Service Fee: £25
- Direct debit default: £25
- Fee charged when the electronic credit agreement has not been signed: £25
Black Box-Related Fees:
- Fee to cover self-fit box and postage: £50
- Missed box fitting, repair, or replacement appointment without giving at least 24 hours’ notice: £50
- Inability or decision not to fit the box due to car modification, unfit state, or unsuitable location: £50
- Removal of the black box once the policy has ended: £85
- Change of vehicle (fitting a new black box in the replacement car): £60
- Fee to cover the black box fitting if you cancel your insurance in the first year: £105
- Replacing a faulty black box: £0
- Damaging or tampering with the self-fit box: £60 (may also result in policy cancellation)
- Damaging or tampering with the black box: £115 (may also result in policy cancellation)
Consider Alternatives Of Ingenie
While ingenie is a popular car insurance company among young drivers, it is always good to consider alternatives before making a final decision. Here are some other car insurance options to check out:
- Geico: Known for its affordability and ease of use, Geico is a great option for those looking for cheap car insurance while still receiving good customer service.
- State Farm: This insurance company is great for those who want a more personalized experience. With agents located in many areas throughout the country, State Farm can provide tailored coverage to fit your individual needs.
- Progressive: Progressive offers a variety of discounts for safe driving, which could save you money in the long run. Additionally, customers can easily manage their policies and file claims online.
- Allstate: With multiple coverage options and add-ons, Allstate can provide extensive protection to fit any driver’s needs.
Of course, these are just a few of the many car insurance options available. It’s important to shop around and compare prices, coverage options, and customer service ratings before making a final decision. Don’t be afraid to ask for quotes and more information from multiple companies to ensure that you are getting the best deal.