Trade insurance issues

I have an issue with my motor trade insurance policy, underwritten by QBE. I was with Equity red star prior I had no problems with them, what happened was that I failed to declare 2 non-fault accidents in 2009 (oversight- previous insurer sent paperwork once I had already shopped and bought insurance) now 15 days in they are cancelling my insurance and giving me 7 days to get insured elsewhere.

Would I be liable for any cancellation fees as they are cancelling the policy and not me?

Asked on 16 October 2011 by biggyci

Answered by Honest John

Yes. Your fault for failing to disclose the claims.

Tags: trade insurance

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