Driveaway car insurance

w00519772

I bought a used car yesterday afternoon from the local Honda garage and I am planning to collect it this afternoon. I have the option to use five days drive away insurance.

My current insurance policy has eleven months left on it (paid annually) and I am planning to switch to the new car. I believe I have three options:

1) Switch my car on my insurance policy and do not take out the drive away insurance
2) Switch my car on my insurance policy and take out the drive away insurance
3) Cancel the insurance for five days. Use the drive away insurance for five days. Not sure I can do this.

Has anyone done any of these before?

nidO

Just get your insurance switched and don't bother about the dealer's short term policy.

BigBopper

nidO wrote: »

Just get your insurance switched and don't bother about the dealer's short term policy.

Agreed, if he cancels he will lose a years no claims and the dealers policy will have a horrendous excess.

Johno100

w00519772 wrote: »

I bought a used car yesterday afternoon from the local Honda garage and I am planning to collect it this afternoon. I have the option to use five days drive away insurance.

My current insurance policy has eleven months left on it (paid annually) and I am planning to switch to the new car. I believe I have three options:

1) Switch my car on my insurance policy and do not take out the drive away insurance
2) Switch my car on my insurance policy and take out the drive away insurance
3) Cancel the insurance for five days. Use the drive away insurance for five days. Not sure I can do this.

Has anyone done any of these before?

Some unanswered questions:-

Are you part-ex'ing your old car or selling privately, so still need cover?

You haven't said whether your present insurers are competitive on your new vehicle, how much extra do they want to cover your new car? If they are grossly more expensive, then it may work out cheaper to cancel your present insurance, pay the admin fee and for the time on cover, forgo the one month closer to another years NCB and go to another insurer.

forgotmyname

Whats the excess and terms on the driveaway policy? You dont want to find out the hard way the excess is half the price of your car.

I have seen one that excluded commuting, although that was some time back.

dannyrst

In the past, I've found companies very flexible with trading a car in.

I was advised once that I could drive either car on the date of the transfer and still be covered. Best ring your insurers and ask what their policy is on part exchanges.

mgfvvc

The Driveaway policy seems to be mainly a sales gimmick. With Ford it required me to do a full quote and I think it was mainly to get me on the Ford Insurance database.

It was not worth the hassle as far as I was concerned and I just swapped my existing insurance over to the new car.

dannyrst

mgfvvc wrote: »

The Driveaway policy seems to be mainly a sales gimmick. With Ford it required me to do a full quote and I think it was mainly to get me on the Ford Insurance database.

It was not worth the hassle as far as I was concerned and I just swapped my existing insurance over to the new car.

Bingo. They ask when your policy is due for renewal and send out quotes a month before.

[Deleted User]

The free policy is not worth the hassle as already said. Just swap your policy over if you are keeping your old car off the road. Theres MSE and theres MSE.