Super cheap Romanian/Hungarian car insurance in the UK...!?

dr_shabzzz

I'm not sure how much truth is in the post but I'll quote it anyway (its off another forum)

Anon wrote:

I regret I didn't do this earlier but few young fellows are now getting EU insurance from countries they don't even speak the language and the price is what I would pay now at the age of 25 and over. It's brilliant.

*Just to give example. Recently went to London and bought a E38 740i V8. I tried to get daily insurance but couldn't. Full insurance costed me 950GBP, but I cancelled within 14 days to pay just 25GBP. After my friend arrived to pick it up, we phoned Generali in Hungary and they quoted him around 270GBP for full year.

*Last night I came back from London with a E36 325i for another fellow member . Only this time we called a Romanian insurer as the price was more competitive. 19 and paying around 195GBP.

ANON wrote:

Try some of these. You have to phone as it's not something they normally do online.

https://www.generali.hu/
AEGON kötelezõ g!pj!rmû-felelõss!gbiztos!t!s, kötelezõ biztos!t!s
ЗАД "БУЛСТÐАД ВИЕНА ИНШУÐЪНС ГÐУП" "Гражданска отговорност" на авт
ЗАД "Армеец" :: Продукти
̳æ!àðîä!à ñèñòåìà àâòîñòðàõ!âà!!ÿ «Çåëå!à êàðòêà» » ÑÊ «PZU Óêðà¿!à»

Now can anyone tell me if this is possible?? (beyond the sceptical kneejerk reaction of 'of course not' ) And is an EU insurance policy which covers the UK ok for full time UK citizens?

I'm 24 now so insurance isn't so crazy...but for a few younger friends this could save them a huge ammount, especially as they're driving cars which are worth no more than £500 and insurance for them is double the value of the car :undecided

dr_shabzzz

anyone...?

dr_shabzzz

bump...any info...?

i'm thinking this is possible because eastern european workers bring their cars over to the uk, insured by their own insurance companies...and i'm sure they're not all uninsured