Any Way To Cancel Insurance For 3 Or 6 Months If Out Of Thailand?

[WhiteCadillac]

Any way to cancel insurance for 3 or 6 months if out of Thailand?

According to Thanachart insurance, one must pay a years insurance in full even though one would use it only 6 or 9 months.

Any insurance company offering this service?

[katabeachbum]

Some, but they only refund approx half of whats left

[seedy]

I use AA insurance - by Big C Pattaya Tai

My HD policy cost about 17K, after 3-1/2 months I cancel and have a 10K plus credit. I let them keep it, flip the money each year. So next year I pay 6K and change.

Works for my scooter too.

Great service, good rates. Never had to make a claim - touch wood - so can't comment on this.

[MoonRiverOasis]

Insurance policies can be normally be cancelled and a pro-rata refund given, but there's two points to bring up:

1. If the car is under finance, you would be in breach of contract if you left the car uninsured.

2. A car sitting unattended for weeks on end can become a prime theft target - not worried about that aspect?

[WhiteCadillac]

Insurance policies can be normally be cancelled and a pro-rata refund given, but there's two points to bring up:

1. If the car is under finance, you would be in breach of contract if you left the car uninsured.

2. A car sitting unattended for weeks on end can become a prime theft target - not worried about that aspect?

1. Not under finance, doesn't apply.

2. Car would be in a safe place. Not risky enough to pay insurance.

Thanks for the replies.

I'll need to ask QBE if they allow this.

[WhiteCadillac]

According to QBE they will refund premiums if one cancels a policy. I will ask will they refund the remaining days fully or will they deduct something.

They might insure part a year also. I will ask them on that.

PS. Will we get in trouble if we ride a car that has no valid mandatory insurance active?

PPS. Do we need to get that mandatory insurance from the same company we will eventually get the A class insurance, and how much does it cost about?

[ThaivisaInsurance]

According to QBE they will refund premiums if one cancels a policy. I will ask will they refund the remaining days fully or will they deduct something.

They might insure part a year also. I will ask them on that.

PS. Will we get in trouble if we ride a car that has no valid mandatory insurance active?

PPS. Do we need to get that mandatory insurance from the same company we will eventually get the A class insurance, and how much does it cost about?

QBE will not give back the full amount, they will deduct something

'Will we get into trouble etc etc' - answer YES as you are breaking the law.

You can buy the CTPL from anywhere but only sensible to buy from same company as the voluntary - Cost depends on how the vehicle is registered. Examples : saloon 646 Baht, pickup 2 door 968 Baht

CTPL can be bought online HERE

[MaiChai]

If your safe place has a fire would you be upset if you loose your car and bike? Cars and bikes do get nicked from condos (even with 24hr security); if you have a house, the vehicals can be nicked when no one is at home.

I have also considered cancelling insurance, but its nice to know if anything happens then I don't loose a large chunk of capital. I guess thats why its called insurance?