Re: Don't forget to cancel your insurance.
Squirrel,
the most recent one was where I was pursuing a third party recovery after an accident. The initial response from them was that they wouldn't pay out because their insured had invalidated the insurance by not revealing pertinent facts when they took out the policy. I pointed out their legal obligation to pay us. They agreed to settle our claim and added our costs to the rest of their costs incurred as a result of the accident. They also sent me a copy of a letter that they had sent to their (un)insured that gave notice that they would be pursuing them through the courts for recovery of their total outlay. So I can categorically state that insurers will pursue the uninsured for any third party settlement.
As for recovering costs from the MIB uninsured fund, there is a £300 excess that will be deducted from any settlement, and be prepared to wait months before any payout is agreed (if ever).
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