We charge this fee when you renew your policy to cover costs related to continuing your policy for a new year.
How much is the fee?
The fee is £60 each year you renew your policy, and will be included in your overall renewal price.
Why do you charge this fee?
The renewal fee contributes to the costs involved in continuing a policy for another year. This includes continuing to collect data from your telematics device and present this on your customer dashboard, as well as general admin costs.
Keywords: renewal fee, fees, cost to renew