We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
🔔 You've got till Monday to apply to become an MSE Forum Ambassador
Insurance issue help!
Hi all!
I'm a bit confused as what to do here, here's the scenario.
I'm buying a new car tomorrow and got insurance for it which starts tomorrow when I buy it. I also have an existing car which i'm trying to sell, but in order for me to transfer my no claims bonus (6 years) over to my new insurance provider/new car then I have to cancel the insurance on the car I want to sell.
I won't be driving the car i'm wanting to sell as i'll have the new one but i'm thinking I still need insurance for it, right?
I think the only way around this is to add the existing car onto my new policy for 4 weeks or so (but this might be costly) until I sell it
Any other suggestions?
I'm a bit confused as what to do here, here's the scenario.
I'm buying a new car tomorrow and got insurance for it which starts tomorrow when I buy it. I also have an existing car which i'm trying to sell, but in order for me to transfer my no claims bonus (6 years) over to my new insurance provider/new car then I have to cancel the insurance on the car I want to sell.
I won't be driving the car i'm wanting to sell as i'll have the new one but i'm thinking I still need insurance for it, right?
I think the only way around this is to add the existing car onto my new policy for 4 weeks or so (but this might be costly) until I sell it

Any other suggestions?
0
Comments
-
You need to have it insured if it is kept on the road but otherwise no, although if it gets stolen you lose out. There are plenty of short term policy companies doing from as little as a day to a full month. Some insurers also offer a switch over period.0
-
Change the car details to your new car as your main car on your existing insurance. Either add the old car as a secondary vehicle or insure it separately on a short-term policy.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 348.8K Banking & Borrowing
- 252.3K Reduce Debt & Boost Income
- 452.6K Spending & Discounts
- 241.6K Work, Benefits & Business
- 618.2K Mortgages, Homes & Bills
- 175.9K Life & Family
- 254.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards