Getting car insurance on a car I'm about to buy?

dhokes

I've currently got a car that I paid car insurance for annually with Admiral a few months back. I'm planning to purchase a replacement car in the next few weeks and its generally cheaper to insure (either with the same insurance company or another one). I can't just simply switch the cars on the insurance policy as I plan to keep my existing car for 2 weeks before I get rid of it.

Odd question but what do people usually do in this scenario? Buy insurance for the new car and then cancel the old insurance when required? Would I be eligible for a partial refund from Admiral? If not, I guess it would be better to stay with Admiral and ask for a partial credit?

Also, would I be able to transfer 7 years of no claim bonuses and if so, how?

MovingForwards

Ask your current insured to cover both cars for a couple of weeks, they'll do it on the same policy and let you know how much it will be.

forgotmyname

Buy insurance for the new car will mean a policy with zero no claims because your no claims is already in use on the old policy.

Transfer the no claims after the fact could be costly.  As above get Admiral to cover both cars or sell the old car quickly to avoid
further costs.

No point keeping the car to get a bit extra when the insurance and tax means you lose out overall.

cymruchris

Admiral offer multi-car discount - you add the new car when you buy it - then take off the old car when you sell it. They'll calculate your payments/credits accordingly. It'll cost you - but less hassle than taking out a new insurance policy with someone else, and trying to get the NCD sorted out.

mgfvvc

In my experience (not recent) most insurance companies used to offer a month's cover on the old car at no charge. Anything over a month was extra, but probably cheaper than a new policy. Of course you have to arrange this with them, it isn't automatic.

Ebe_Scrooge

dhokes said:

I can't just simply switch the cars on the insurance policy as I plan to keep my existing car for 2 weeks before I get rid of it.

When you say you're keeping it for 2 weeks, will you be using it, or will it be sitting on your driveway (or at least, somewhere that's "off road")?  If it's not used then you could simply switch the insurance to the new car.  This does mean, of course, that the old car is uninsured, so you're taking a risk if something happens to it during those two weeks.  And you'll have to SORN it.  And you won't be able to drive it (maybe not an issue if you're selling it to someone who is planning to pick it up on a trailer).

Just a thought.  But as others have said, most insurers will cover 2 cars on a temporary basis whilst you're switching cars, just phone them up and ask them.

dhokes

Ebe_Scrooge said:

dhokes said:

I can't just simply switch the cars on the insurance policy as I plan to keep my existing car for 2 weeks before I get rid of it.

When you say you're keeping it for 2 weeks, will you be using it, or will it be sitting on your driveway (or at least, somewhere that's "off road")?  If it's not used then you could simply switch the insurance to the new car.  This does mean, of course, that the old car is uninsured, so you're taking a risk if something happens to it during those two weeks.  And you'll have to SORN it.  And you won't be able to drive it (maybe not an issue if you're selling it to someone who is planning to pick it up on a trailer).

Just a thought.  But as others have said, most insurers will cover 2 cars on a temporary basis whilst you're switching cars, just phone them up and ask them.

I plan to drive it for a bit as there's half a tank of fuel before I scrap the car.

Ebe_Scrooge

dhokes said:

Ebe_Scrooge said:

dhokes said:

I can't just simply switch the cars on the insurance policy as I plan to keep my existing car for 2 weeks before I get rid of it.

When you say you're keeping it for 2 weeks, will you be using it, or will it be sitting on your driveway (or at least, somewhere that's "off road")?  If it's not used then you could simply switch the insurance to the new car.  This does mean, of course, that the old car is uninsured, so you're taking a risk if something happens to it during those two weeks.  And you'll have to SORN it.  And you won't be able to drive it (maybe not an issue if you're selling it to someone who is planning to pick it up on a trailer).

Just a thought.  But as others have said, most insurers will cover 2 cars on a temporary basis whilst you're switching cars, just phone them up and ask them.

I plan to drive it for a bit as there's half a tank of fuel before I scrap the car.

If you're scrapping it then just do what I did last time I scrapped a car - syphon the fuel out.  Or it's sometimes easier to just cut one of the hoses and let it drain into a petrol can or two or three.

Or, even easier, but a degree of common-sense and caution is needed - drill a hole in the fuel tank and catch it in a big plastic tub.

dhokes

Ebe_Scrooge said:

dhokes said:

Ebe_Scrooge said:

dhokes said:

I can't just simply switch the cars on the insurance policy as I plan to keep my existing car for 2 weeks before I get rid of it.

When you say you're keeping it for 2 weeks, will you be using it, or will it be sitting on your driveway (or at least, somewhere that's "off road")?  If it's not used then you could simply switch the insurance to the new car.  This does mean, of course, that the old car is uninsured, so you're taking a risk if something happens to it during those two weeks.  And you'll have to SORN it.  And you won't be able to drive it (maybe not an issue if you're selling it to someone who is planning to pick it up on a trailer).

Just a thought.  But as others have said, most insurers will cover 2 cars on a temporary basis whilst you're switching cars, just phone them up and ask them.

I plan to drive it for a bit as there's half a tank of fuel before I scrap the car.

If you're scrapping it then just do what I did last time I scrapped a car - syphon the fuel out.  Or it's sometimes easier to just cut one of the hoses and let it drain into a petrol can or two or three.

Or, even easier, but a degree of common-sense and caution is needed - drill a hole in the fuel tank and catch it in a big plastic tub.

Aha, I wouldn't trust myself tbh.