Collingwood Insurance Services UK Ltd
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Stealth charges and no refunds!
As per many of the comments, we were also charged the stealth £40 cancellation charge. We had forgotten about the policy once my daughter had passed her test. We then went to cancel it 2.5 months after passing and they said that as it is the 8 month of the policy you will be charged 90% of the fee and £40 cancelation, this making it we owed them even more money, circa £22 more! I asked what would happen if we just left it run its course and we were told that they check to see if the driver has passed then contact you to cancel to charge the £40, however they never contacted us in 2.5 months. Either way I would avoid using Collingwood Insurance Services. Seems like the policy is cheap but you get charged for cancelling, and don't get any money back which for young drivers could be used on the car!