What happens if my insurance policy is cancelled?
Depending on the type of insurance you had, cancelling a policy could leave you with at risk, with arrears or in some cases you may be breaking the law.
If the insurance was a requirement of a contract, such as buildings cover, this could leave you in breach of the contract. It’s also against the law not to insure your vehicle unless you meet certain conditions, so not having insurance carries serious consequences.
Different insurance policies have terms and conditions that affect how they’re dealt with if the policy is cancelled or you can’t pay it.