Changing cars at the end of a policy

Adeypocock

I need advice.

Picking up our new car in 3 days and old car going back (leased) and my policy for the old car ends in 11 days. 

Should I:

Contract current insurer and just put the new car on for 11 days? I think they charge £35 + whatever the extra insurance for 11 days for the new car. 

Or

Contract current insurer and cancel the insurance? I think they charge £75 for this privilege 😳

Or

Or let the old insurance run for 11 days and just get a new insurance policy for our new car? But aren't I going to have an issue with my NCD? Because it's already being used on the other policy?

This is frying my brain.

Is there another option?

daveyjp

Get a quote to change and a quote for a new policy with the existing company when it ends in a few days and a quote from comparison sites for a new policy starting when you swap your vehicle, then decide whether to swap details of existing policy or cancel and go to another insurer.

Many insurers now don't charge an admin fee if you make changes online.

Adeypocock

Obviously that's meant to say contact not contract twice in the above post but I can find the edit button.

DullGreyGuy

Adeypocock said:

Or let the old insurance run for 11 days and just get a new insurance policy for our new car? But aren't I going to have an issue with my NCD? Because it's already being used on the other policy?

You will have an issue with the NCD as its being used on the other vehicle but that is a relatively small problem compared to the other risks...

If you haven't cancelled the policy on your old car then they are still the RTA insurers of the vehicle. As such they have a legal liability for any fault accidents it has if there is no more appropriate insurance in place. If your insurers are forced to act under the RTA they have a right of recovery from you where you have been complicit in the driver using the vehicle. 

A few months back a poster on here was being pursued for about £50k for an accident the new owner of their old car had after the poster didnt cancel and the new owner didnt buy insurance. In my claims days we had one customer paying us back a 6 figure sum for the same. Note that injury claims are excluded from bankruptcy so no way of walking away from it.