Insurance question

[Chris8888]

Hi all,

I have recently renewed my insurance on 3rd August and currently paying ~£600.
I've recently bought a new car that I will be picking up on the 10th August and I got a quote of ~£1000 from the same insurer on compare the market.
I'm planning on just changing the car details on my current policy but if they give me a quote that's ridiculously high, am I able to just cancel the policy (since it would still be within the 14 days grace period of when the policy started) and keep my no claims discount to be able to go through with the compare the market quote? Or would it not be worth it since I'd be losing my NCD

 

[Chris8888]

If you're within 14 days of taking out the policy, then you can cancel it for any reason and get a full refund, and it won't affect your NCD.

I think this is 14 days from purchase, not 14 days of the policy starting.

Okay good to know NCD won’t be affected thank you.

I just checked to make sure and the 14 days is within the policy’s start date not purchase date, atleast for Hastings Direct.

 

[Chris8888]

Do they still charge you the pro-rata cost of the number of days you have "used"?

I’m not sure but I’m guessing probably yes