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Rob249 · 08-11-2008, 15:36

Last year when i took out my car insurance, i paid two months up front with the last payment due at the end of september.Anyway when i went to the bank yesterday and checked my account, i noticed that they had taken another monthly payment out.When i got home i got straight on the phone to them, and asked them why they had done this, they said it was a deposit for next yr's insurance.I told them they should not have done this as i wasn't going to be renewing with them next year, they just presumed i was.Luckily i have enough money in my account, to tide me over, til i get it refunded, but others may not be as lucky, and end up going into the red, and end up with bank charges through no fault of their own.

08-11-2008, 15:36	#1
Rob249 Full Member Join Date: Dec 2005 Posts: 326 Liked: 5 times Rep Power: 232	Car insurance Last year when i took out my car insurance, i paid two months up front with the last payment due at the end of september.Anyway when i went to the bank yesterday and checked my account, i noticed that they had taken another monthly payment out.When i got home i got straight on the phone to them, and asked them why they had done this, they said it was a deposit for next yr's insurance.I told them they should not have done this as i wasn't going to be renewing with them next year, they just presumed i was.Luckily i have enough money in my account, to tide me over, til i get it refunded, but others may not be as lucky, and end up going into the red, and end up with bank charges through no fault of their own.