Admiral Missed Payment - Here's What To Do

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Understanding the steps to take after missing an Admiral car finance payment can be tricky. But don’t worry; this guide is here to help.

Each month, over 170,000 people visit our website seeking advice on debt solutions; you’re not alone.

In this easy-to-read article, we’ll talk about:

What to do when you miss a payment
How Admiral deals with missed payments
The consequences of a missed payment
How to avoid missing future payments
Contacting Admiral Insurance

We know that it’s a big worry if you can’t make your car finance payments; the thought of losing your car is scary. StepChange stresses the need for professional debt advice, noting that 60% of adults in financial trouble hesitate to seek help.¹

We’re here to help you know what your options are and to find a way forward. Let’s start learning how to handle a missed Admiral payment.

MoneyNerd does not provide debt advice or recommend debt solutions. We can introduce you to The Debt Advice Service, a trading style of Pacific Financial Solutions Limited. Their debt advice is free, and there is no obligation to proceed.

If you request an introduction, we’ll share your details with The Debt Advice Service so they can contact you.

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For free, impartial money guidance and help finding free debt advice, visit MoneyHelper.

How Admiral deals with missed insurance payments

Admiral may cancel your insurance policy for several reasons. One of which is that you failed to keep up with premium payments. Before they cancel a policy, Admiral support will contact you to tell you their intentions.

My advice? Never ignore any correspondence from the provider. To remain calm and contact Admiral support to sort things out before anything else happens.

What happens for non-payments

You can pay the premium monthly when you take out an Admiral insurance policy for your vehicle. This is because you effectively enter into an agreement with the provider. In short, you’re committed to settling the monthly payments on time under your contract.

In short, the consequences of non-payment to Admiral can be devastating to your credit score, especially if you miss multiple payments, but I go into this later.

The consequences of a missed insurance payment

Admiral can cancel your policy when you fail to keep up with the instalments. But before they do, their support team gets in touch with you. So you’re given a chance to catch up with any Admiral missed payments before things get out of control.

Also, when you pay by direct debit and you don’t have enough money in the account, tell Admiral. Contact your bank because if Admiral tries several times to get paid, your bank might charge you too!

If you do miss an insurance payment with Admiral, it can affect your ability to renew with them in the future. Not only that, other insurance companies can pick this up on your credit report and may not insure you either!

Can they cancel your car insurance policy for non-payment

Admiral has the right to cancel your insurance for non-payment. However, before this happens, get in touch with Admiral support. Tell them about your problem because they could set up a payment arrangement for you. One that is more manageable and which you can afford to pay.

It’s very likely that Admiral will get in touch with you before cancelling your insurance. This is why it’s important not to ignore their calls, letters or emails as this could save your insurance from being cancelled altogether!

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Don’t ignore a missed payment

If you ignore a missed car insurance payment, the consequences could be far-reaching. First, you may incur a late or failed payment fee. In a worst-case scenario, you could pay a lot more administration fees.

When Admiral cancels your policy, it means:

Your car is no longer insured – which is compulsory in the UK

You are not insured to drive either!

A missed car insurance payment goes on your credit report. It can stay there for up to 6 years and affect your credit rating. It means you’ll have trouble borrowing money, getting a mortgage or credit card.

Driving without insurance can also lead to driving convictions, which can and will cost you more money in the long run if you’re caught!

It’s always better to communicate with the support team before things go too far. Then, you won’t have the hassle of dealing with debt collectors or going to court over a missed payment.

Admiral late payment penalties

You’ll have to pay late fees when you don’t pay on time! The amounts can soon get out of control because Admiral charges the following:

Missed payment fee of £12 for every Admiral missed payment
Debt collection referral £45

Then, of course, if you’re taken to court because you defaulted on an Admiral payment. This would involve court costs and other related fees. You could end up with a County Court Judgement (CCJ). This can negatively affect your credit rating and your ability to lend in the future.

My advice is to pay what you owe after establishing that you have an outstanding with the provider. The sooner you propose a realistic payment plan, the sooner the problem goes away.

When Admiral cancels your insurance policy, don’t drive because it’s against the law!

Preventing missed payments

You may have landed here because you have missed a few payments and are wondering how you can prevent missing payments to Admiral, or any other creditor for that matter. Here are some tips on how to prevent missed payments in the first place:

Set up an automatic payment via direct debit
Create reminders to pay your insurance
Get friends and family involved to check in on your financial status. It might be a little awkward, but I’ve found that being open and honest about financial troubles with those you love can help get back into healthy financial habits.

Remember, prevention is better than the cure when it comes to avoiding missed payments with Admiral.

Understand your debt options

MoneyNerd can introduce you to The Debt Advice Service for free debt advice. MoneyNerd does not provide debt advice or recommend debt solutions.

The Debt Advice Service can explain your options, including their benefits, costs and risks. Options available depend on your circumstances. There’s no obligation to take a debt solution.

Get started

MoneyNerd does not provide debt advice or recommend debt solutions. The Debt Advice Service is a trading style of Pacific Financial Solutions Limited. If you request an introduction, we’ll share your details with their team so they can contact you.

For free, impartial money guidance and help finding free debt advice, visit MoneyHelper.

What to do when a debt collector contacts you because of a missed Admiral payment?

Admiral insurance can chase you for the money you owe on your policy. When you don’t respond, details are sent to a debt collection agency. If you can’t pay and you don’t get in touch with the Admiral support team, you can expect a letter from a debt collection agency. This could be from Eui Ltd, a debt collection company that serves Admiral Insurance!

My advice? Try to avoid this happening by staying in touch with Admiral support. Try your best to keep up with monthly instalments. Speak to Admiral and set up a more suitable due date or an affordable payment plan. They should oblige because it’s in their interest to do so!

There are plenty of debt solutions available if you find yourself in debt with Admiral – or any other kind of debt for that matter!

Missed payments and cancelled policies

As mentioned, Admiral has the right to cancel your policy for non-payment. But, it could affect your ability to get car insurance coverage in the future. My advice? If you’ve had a policy cancelled, be upfront about it with future insurance providers!

You may find your premiums go up a lot though! But by law, it is your duty to be honest about the information you give to an insurance provider. An insurance company won’t provide you with cover when you aren’t transparent.

Can I get free help and advice if I’m struggling to pay

There is free advice and help when you struggle with finances. I always recommend that you speak to an independent debt adviser. You can also get support and guidance from other agencies, which include:

I recommend you get as much support and advice as possible. Don’t try to cope on your own. When you fall behind with an Admiral car insurance instalment, ask for help from any of the debt charities above. Learning about the debt solutions available out there can also help improve this situation. Please take a look at the table below for more information.

Option	How it works	Key limits and risks
Debt management plan	Informal repayment of eligible non-priority debts through an affordable budget.	Creditors need not agree, freeze interest or stop court action. Fees apply with some providers; free providers exist.
IVA	Formal agreement covering eligible debts and accepted through the creditor voting process.	Fees, credit effects, asset/equity terms and failure risks apply. Payments and term depend on the agreed proposal.
DRO (England and Wales)	Normally 12 months of protection before qualifying debts are discharged if the order remains in force.	Current qualifying-debt limit £50,000; strict income, asset, vehicle and residence conditions. Homeowners are not eligible. Application is through an approved adviser to the Insolvency Service, not a court.
Bankruptcy (England and Wales)	Formal insolvency that can discharge qualifying debts.	Assets and employment may be affected. Discharge is usually after 12 months, but income payments may continue for up to 3 years.
Consolidation loan	New borrowing to repay selected existing debts.	Does not write off debt. Fees or a longer term can increase the total paid; secured borrowing puts your home at risk.
Agreed payment break or reduced payments	A temporary arrangement negotiated with the creditor.	Interest may continue, credit reporting can be affected, and the debt remains. Terms require agreement.
Informal negotiation	Ask creditors for affordable payments or a settlement.	Acceptance is not guaranteed; record terms in writing. Priority bills still need separate attention.
Equity release	Eligible homeowners may access property value through a lifetime mortgage or home reversion.	Reduces the estate and may affect benefits or care funding. Requires specialist advice and comparison of alternatives.