Hi all
I'm new to posting and hoped it would be something nicer but after finally buying a DC5 in July, I unfortunately got stitched up on the M3 and crashed. (It's technically gone down as my fault, but a freak accident really.) It's been written off and I decided to take payout and try to replace. I was insured by Highway through the broker, Adrian Flux.
Basically, after negotiating a decent payout and buying a decent replacement, I've rung to change the vehicle on the policy and they've turned around and said Highway won't take on the risk, and the quotes they're getting for someone else are around 2.5k!
I'm screwed!
At every stage of the process, I've been clear on my intention to replace like for like. Noone at Highway warned me that they might do this. I even sent their engineer adverts for DC5's to negotiate payout. Once I received the money, I was luckily able to find another clean Teg relatively quick and bought it. I'd paid for my policy up front for the year but They told me that I HAD to add another vehicle to the policy within 21 days or risk losing it!
Can anyone offer any advice? I know I'm an idiot for buying without checking, but in my naivety, I just thought I'd be able to add the same vehicle to the policy and worry about price increase next renewal.
I'm new to posting and hoped it would be something nicer but after finally buying a DC5 in July, I unfortunately got stitched up on the M3 and crashed. (It's technically gone down as my fault, but a freak accident really.) It's been written off and I decided to take payout and try to replace. I was insured by Highway through the broker, Adrian Flux.
Basically, after negotiating a decent payout and buying a decent replacement, I've rung to change the vehicle on the policy and they've turned around and said Highway won't take on the risk, and the quotes they're getting for someone else are around 2.5k!
I'm screwed!
At every stage of the process, I've been clear on my intention to replace like for like. Noone at Highway warned me that they might do this. I even sent their engineer adverts for DC5's to negotiate payout. Once I received the money, I was luckily able to find another clean Teg relatively quick and bought it. I'd paid for my policy up front for the year but They told me that I HAD to add another vehicle to the policy within 21 days or risk losing it!
Can anyone offer any advice? I know I'm an idiot for buying without checking, but in my naivety, I just thought I'd be able to add the same vehicle to the policy and worry about price increase next renewal.