Car Insurance Overlap

aidant799

Scenario - I have insurance expiring at 11:57 pm on 27th June and already signed for my new insurance to start on 26th of June (confusion on when dates end and start when signed up) for the same vehicle

Question - Can these 2 insurances overlap or will one cancel the other out?

I query this as my new insurance is with Hastings Premier and if i have to change the date of which it starts i will be charged a £25 admin fee and existing is with Admiral and would get charged £50 early cancellation fee.

Thanks in advance

neilmcl

Don't worry about it, there wont be a problem.

Besides, I wouldn't have thought Hastings would charge beacue the cover hasn't yet started, just ring them if you're concerned.

Marktheshark

Depends if they pull it up on No claims Bonus as you can not use any no claims bonus on two policies at the same time.
So technically you had no, no claims bonus you could use to obtain a policy as it was still in use on the other policy.
They never pass a chance to make money.

aidant799

Thank you guys.

I called Hastings and they have advised me that it happens a lot and will not make any difference leaving it as it is.

stator

It might only cause a problem if there was a claim that happened whilst you were covered with two policies. One or both might refuse to cover because you have another policy in place. Will you need to drive your car in that period?

Aretnap

stator wrote: »

It might only cause a problem if there was a claim that happened whilst you were covered with two policies. One or both might refuse to cover because you have another policy in place.

No they won't. If you're covered by two policies it might make life a bit more complicated but each will end up paying for half of the claim.

Unless one of them manages to wriggle out, in which case you're not actually covered by two policies at all - and the other insurer certainly can't refuse to cover you on the grounds that you were covered by another policy which doesn't actually cover you.

dacouch

Out of interest, which Insurer has policies finishing at 11.57pm?

I ask as it's standard to start cover at 00.01 so a company doing this could leave their customer uninsured for a couple of minutes so it's an odd time to cease cover

im-lost

dacouch wrote: »

Out of interest, which Insurer has policies finishing at 11.57pm?

I ask as it's standard to start cover at 00.01 so a company doing this could leave their customer uninsured for a couple of minutes so it's an odd time to cease cover

all the policies ive had on both motorbikes and cars have finished at midday, and started at whatever time I've nominated, or whatever time its taken out if its for immediate cover