Can Insurance Overlap?

rdwarr

My daughter currently has a car on contract hire. It's going back on Feb 24th (they won't take it earlier) and needs to be insured up until that date. She's used up the mileage allowance so will pick up its replacement (older car bought outright) next Saturday.

She can get a week's insurance on the replacement car via the Aviva scheme but that still leaves her a period where both cars need to be insured. What's the best way to do this? Current insurers can't help and DayInsure want almost a year's premium.

Daughter is 28 with full NCB. Old car is a 60 Smart, replacement is an 03 Fabia Estate.

Road_Hog

Car insurance cannot overlap, because you would be double insured which is illegal (you could insure a car with several insurers, let the car get 'accidentally' stole and trashed and then put in a claim with each insurer making a tidy sum.

But I your question is, you need to insure two cars for a short period. You used to be able to insure cars for short periods (30 days minimum I seem to remember). Get the old one covered on 30 days and start your new car insurance as normal.

poppasmurf_bewdley

My 24 year old daughter used an insurance company last year which did insurance by the month. Can't find the name of the company but I'm sure Google will provide the answer.

neilmcl

Road_Hog wrote: »

Car insurance cannot overlap, because you would be double insured which is illegal (you could insure a car with several insurers, let the car get 'accidentally' stole and trashed and then put in a claim with each insurer making a tidy sum.

But I your question is, you need to insure two cars for a short period. You used to be able to insure cars for short periods (30 days minimum I seem to remember). Get the old one covered on 30 days and start your new car insurance as normal.

Please tell us what law states you cannot have more than one insurance cover?

kevt47

My work some times involves insurances sales, it is very much against FSA regs to cover the same risk twice.

There were problems years ago with dodgey sales people 'overloading' people with insurance just to collect commission, individual sales people who do this & companys that allow the practise can receive heavy penalties & could be banned from the business nowadays.

vaio

The insurance industry does seem to have a constant problem with "dodgey sales people" and seems to lurch from one misselling scandal to the next.

the question was about which law makes it illegal to have two policies on the same car, are you saying it's not illegal but just against FSA regs and if so which reg are you referring to?

andrew-the-cat

ecar insurance do pay monthly. You'd think it would be more expensive overall than companies where you pay the year up front, but I actually found them to be the cheapest for myself (I also can't afford to drop £1400 in a month for my insurance). And the good thing is you will earn a year of no claims discount after 8 months providing you do not stop it at any time.