How to Cancel Your LV= Car Insurance Policy Hassle-Free
A car insurance policy is a contract between an insurance company and you to protect you against financial loss in the event of an accident or theft. Each policy is priced individually to let you customise the coverage plan according to your needs and budget.
If your insured car is involved in an accident, which was covered by LV insurance company, the insurer will pay you the actual value of the car, that is, the depreciated value of the vehicle. Filing an insurance claim can take about four to six weeks, as it's dependent on how fast the documentation required is presented and processed.
However, not all filed claims are not processed. If the insurance company notices discrepancies in your claim, you will not receive a payout. You can challenge the claim process or opt for an LV insurance cancel policy plan as the process of proving and claiming a denied payout is tedious. DoNotPay can show you how to cancel the LV insurance policy with the click of a button. The process is swift and easy.
Cancelling LV Car Insurance After The Cooling Off Period
By law, every car insurance policy, including LV, comes with a cooling-off period. The period is either 14-days from when you officially receive the car insurance documents or 14-days from when your policy starts.
LV car insurance cancellation policy allows you to discontinue the plan before it starts. Cancelling before your policy starts will let you get your refund in full without extra charges. If you cancel after your 14-day cooling-off period, you will pay a £40 cancellation fee.
In addition, for the standard insurers, if you pay your insurance policy monthly, when you cancel the plan mid-month, you will have to pay up for the rest of the remaining days and pay cancellation fees.
To cancel your LV insurance policy, use any of the following methods:
1. Cancel Via Phone
You can make a phone call within 14-days from your policy starting date or before the next date of the policy's renewal for the insurance policy cancellation. To cancel the LV insurance policy, call the company on 0800 032 2799, and the customer support team shall walk you through the cancellation process. The offices are open on Monday to Saturday from 9:00 AM - 5:00 PM and closed on Sundays.
Another way to cancel the policy is by calling 012-022-9233. The line is received by an automated bot that will request you to follow the following instructions:
- Press 1 for car or home insurance
- Press 2 for any other service
As you require car insurance help, Press 1. The bot will then provide you with an option to specify the type of insurance by pressing 1 for car insurance or 2 for home insurance. Press 1 for car insurance and wait on the line as you are redirected to the next available agent. All calls are recorded for reference and quality purposes.
As you wait on the line, be ready with your insurance policy number as the LV customer agent will request it.
2. Cancel Via Email
LV does not offer online cancellation through your online account. Your account only allows you to access the company's various services. Instead, you can cancel the LV car insurance policy by emailing your request.
If you have trouble cancelling your policy via email, fill out and submit an online complaints form, and the company will get back to you through a callback or a follow-up email. The company's customer service agents will then direct you on the steps to follow to cancel your LV insurance policy.
3. Cancel Via Post
If you have time before the next renewal of your insurance policy, you can cancel the policy via post. Before sending out the post, specify your preferred medium of contact for the LV agent to get in touch with you to confirm the cancellation request. Failure to do this, LV will not cancel your policy.
In addition, before your policy is cancelled, you need to pay the cancellation fee. Also, you'll need to provide some essential information required for the cancellation process. These include:
- Your insurance policy number
- The specific type of car policy
- Full name
- Home or work address
- E-mail address
- Phone number
After making sure that your details are in order, post the letter to:
Emperor House, Grenadier Road
Exeter Business Park, Exeter
Does LV Car Insurance Charge Cancellation Fees?
LV will charge you insurance cancellation fees to cover their accrued costs. The charged amount depends on your reasons for cancellation.
The table below shows a breakdown of LV car insurance cancellation fees:
|Causes for cancellation||Fees|
|Cancel your insurance policy (by choice)||£40|
|Providing incorrect information and it's changed per your request||£15|
|Changing your driver or vehicle||£15|
Have DoNotPay Cancel Your LV Car Insurance Policy
Let us take the stress away from you from dealing with the endless list of requirements and questions during the cancellation process. You can open the DoNotPay app from your browser – phone or desktop – and follow these 3 easy steps:
- Log in to DoNotPay and search for the Manage Subscriptions product.
- Provide the name of the subscription service you want to cancel.
- Provide your account details such as email address and username.
After you've submitted your details, we'll work on cancelling your policy and even try to get a refund on your behalf. We'll notify you once your policy has been cancelled.
DoNotPay Can Help You Get a Refund or Chargeback from Any Company
Getting your refund using DoNotPay is not limited to LV car insurance. We have made the refund and chargeback application fast, easy, and secure by working with multiple institutions.
Here are the companies that you can request your chargeback and refunds from with the help of DoNotPay:
- Beer 52
- Planet Fitness
- CVS CarePass
- Just Eat
- BT Sport
- Sky TV
- Virgin Media
- AA membership
- NOW TV
- Xbox Live
DoNotPay Helps You to Manage and Cancel all of Your Subscriptions With a Click of a Button
Apart from showing you how to cancel an LV insurance policy, we also work with other institutions and service providers to allow you to have access to a variety of other services from one app. The services we offer include but are not limited to:
- Make Small Claims in Court
- Negotiate Hotel Bills
- Help With Bills
- Credit Cards
- Get Free Trials
- Access Customer Services
- Use Burner Phones
Sign up to cancel your LV= policy hassle-free!