Having car insurance is essential for any driver, but sometimes circumstances may arise that require you to cancel your policy. If you’re with LV and need to cancel your car insurance, this article will guide you through the process step by step.
Why Cancel Your LV Car Insurance?
There are many reasons why you might need to cancel your car insurance policy. Perhaps you’re selling your car, or you’ve found a better deal with another provider. Maybe you’re no longer driving, or you’re moving abroad. Whatever the reason, cancelling your LV car insurance is a straightforward process.
How to Cancel Your LV Car Insurance
If you want to cancel your LV car insurance, there are several ways to do so:
Call LV
The easiest way to cancel your LV car insurance is to call their customer service team. You can reach them on 0800 085 5663. Make sure you have your policy number to hand when you call.
Write to LV
If you’d prefer to cancel your policy in writing, you can send a letter to LV. The address to send it to is LV, County Gates, Bournemouth, BH1 2NF. Make sure you include your policy number and the date you want the cancellation to take effect.
Cancel Online
If you’re an LV customer and have an online account, you can cancel your car insurance policy online. Simply log in to your account and follow the instructions.
LV Car Insurance Cancellation Fees
If you cancel your LV car insurance policy before it’s due to expire, you may be charged a fee. The fee will depend on how long you’ve had the policy, and how much time is left on it.
LV’s cancellation fees are as follows:
- If you cancel within 14 days of taking out the policy, you’ll be charged a £25 fee.
- If you cancel after 14 days, you’ll be charged a fee of £45 plus a pro-rata charge for the time you’ve been insured.
LV Car Insurance Cancellation Refunds
If you’ve paid for your LV car insurance policy upfront, you may be entitled to a refund if you cancel mid-term. The amount you’ll receive will depend on how much time is left on your policy.
If you cancel your policy within the first 14 days, you’ll be entitled to a full refund. If you cancel after 14 days, you’ll receive a pro-rata refund for the remaining time on your policy.
LV Car Insurance Cancellation Reviews
If you’re thinking of cancelling your LV car insurance policy, it’s worth checking out some reviews from other customers who have done the same. You can find reviews on sites such as TrustPilot, where LV has an average rating of 4.4 out of 5 stars.
Customers praise LV for their excellent customer service and competitive prices. However, some have complained about the cancellation fees charged by the company.
In Conclusion
Cancelling your LV car insurance policy is a simple process, regardless of whether you do it over the phone, in writing, or online. Just make sure you have your policy number to hand, and be aware of any cancellation fees or refunds that may apply.
