A moneysaving way to swap car insurance over?

pault123

Im with Aviva and the cost of updating my policy to my new car is £48

This leaves the old car without insurance, which i'll need to allow potential buyers to test drive.

I could

A) take out completely new policy on new car, once old car sells cancel Aviva policy and pay admin fee and get remaining balance refunded

Transfer existing policy to new car, and take out specific week by week insurance on old car till it sells.


or is there a better way?

thanks :j

agrinnall

Sell the old car before taking delivery of the new one.

psychic_teabag

If you take out a completely new policy, as far as I know you can't use your NCD, since it's an attribute of a policy rather than an assessment of you.

Do you want test drive to be done on your insurance policy ? So if they prang your car, you lose your NCD ?

Unfortunately, if they have cover on their own policy to drive other cars, it will (a) probably be conditional on the car already being insured, and (b) 3rd party only. And if you don't insure the old car yourself, you have to declare car off-road, so it presuambly can't be driven anyway.

Can you find a flexible buyer who will synchronize collection with your own switch ?

(I've just been through this same process myself. But I was buying a honda so I got 7 days complementary cover on new car. Though as it turned out I didn't need it since I was able to synchronize the transactions. But that may well have cost me some of my asking price, of course.)

forgotmyname

As above a new policy = zero no claims and cancellation charges etc.

Or short term cover possibly £20+ a day?

Trade the car in or sell it the day before or the same day.

atrixblue.-MFR-.

if you pay annual and you new car is cheaper ti insure than current what usually happens is they take that admin fee and deduct that from the saving you made to the policy leaving you nothing to pay or a small refund or a small admin fee.

as stated, selling a surplus car is now tougher than before.

it would be cheaper to describe the car as honest and as accurate as possible in the selling ad and state declaired SORN.

what most people are doing now is before the insurance and tax runs out, is to make a small video of the car running with the date and time in the video, under the bonnet, engine running, door open fiddling with electrics etc etc to aid sale, uploading to u tube and in the ad a link to the video.

[Deleted User]

pault123 wrote: »

Im with Aviva and the cost of updating my policy to my new car is £48

This leaves the old car without insurance, which i'll need to allow potential buyers to test drive.

I could

A) take out completely new policy on new car, once old car sells cancel Aviva policy and pay admin fee and get remaining balance refunded

Transfer existing policy to new car, and take out specific week by week insurance on old car till it sells.


or is there a better way?

thanks :j

Hi pault123,

With Aviva Direct we have the option of adding a temporary additional vehicle to your existing policy. So now that you've swapped your old car for the new one, we can add the old one back on for up to 30 days (this can extend to 60 depending on the circumstances and underwriters acceptance).

Was this an option that was explained to you? Feel free to email me your details if you'd like us to look into this for you. We're at [EMAIL="social@aviva.co.uk"]social@aviva.co.uk[/EMAIL]. We'd need the following informaiton:

• Your full name
• Date of birth
• Address including postcode
• Policy number
• Contact telephone number

If your policy is through a broker, you'd need to refer to them to see if this sort of option is available. Although Aviva may underwrite the policy for a broker, their administration and procedures may differ to Aviva Direct.

I hope this helps.

Kind regards,

Martin Banwell
Aviva UK Social Media Support

pault123

Aviva_company_representative wrote: »

Hi pault123,

With Aviva Direct we have the option of adding a temporary additional vehicle to your existing policy. So now that you've swapped your old car for the new one, we can add the old one back on for up to 30 days (this can extend to 60 depending on the circumstances and underwriters acceptance).

Was this an option that was explained to you? Feel free to email me your details if you'd like us to look into this for you. We're at [EMAIL="social@aviva.co.uk"]social@aviva.co.uk[/EMAIL]. We'd need the following informaiton:

• Your full name
• Date of birth
• Address including postcode
• Policy number
• Contact telephone number

If your policy is through a broker, you'd need to refer to them to see if this sort of option is available. Although Aviva may underwrite the policy for a broker, their administration and procedures may differ to Aviva Direct.

I hope this helps.

Kind regards,

Martin Banwell
Aviva UK Social Media Support

yeah i was quoted this over the phone and online,. it worked out at £120 for 10 days temp cover, or £305 for a months temp cover!

I'd need at least a months while I sell the car, and at those prices its only £100 off a year of cover LOL :eek::eek::eek:

Thanks for replying though

pault123

atrixblue.-MFR-. wrote: »

if you pay annual and you new car is cheaper ti insure than current what usually happens is they take that admin fee and deduct that from the saving you made to the policy leaving you nothing to pay or a small refund or a small admin fee.

as stated, selling a surplus car is now tougher than before.

it would be cheaper to describe the car as honest and as accurate as possible in the selling ad and state declaired SORN.

what most people are doing now is before the insurance and tax runs out, is to make a small video of the car running with the date and time in the video, under the bonnet, engine running, door open fiddling with electrics etc etc to aid sale, uploading to u tube and in the ad a link to the video.

but what happens when potential buyer then wants a test drive?