Car insurance in a hurry

GDB2222

I am buying a new car, and I’m not trading in the old one. I need insurance for the new one, but I need to keep the old one insured until I can sell it. That could take a few weeks. 

Also, the premium on the new car is going to be around 4 times the old premium.  

I’m supposed to pick the new car up next Wednesday, but there’s the holidays and weekend coming up. So, not much time, really. 

bazdvd

just insure it online. they are open 24/7

user1977

Is there a question? You don’t need to buy insurance during working hours, and even if you did, Wednesday is a working day.

twopenny

I went online when I got a new one though in my case I surrendered my old. Bit of a hurry.
Bought the cheapest of a company I'd heard of. Did a brief check of the t&c but you have the 14 days to change your mind..

Isthisforreal99

Just remember you can't have any no claims discount applied to both cars.

Grumpy_chap

Give your current insurer a call.
They might allow you to cover both cars on one policy for a while until you sell the current car 
They might give you an introductory discount to make up for the lack of NCD.

Arunmor

Call up your insurer (if you still can) and switch insurance to your new car.  At the same time take out temporary insurance for a month on your old car explaining why.  You can renew the temp insurance once or twice (usually) before they start to raise an eyebrow. 

Frozen_up_north

New cars often include a few days complimentary insurance, VW Group do. It gives you an extra 3 or 4 days to sort insurance. Handy if swapping a personal plate as my insurance company didn’t have the new car details… even though I pointed out to them (on the phone) that it was showing correct new car details on the DVLA web site on my mobile phone web browser!

GDB2222

Arunmor said:

Call up your insurer (if you still can) and switch insurance to your new car.  At the same time take out temporary insurance for a month on your old car explaining why.  You can renew the temp insurance once or twice (usually) before they start to raise an eyebrow. 

I think this is the best option, thanks. I obviously don’t want a second policy, particularly without an NCD. The company says they will only allow 4 weeks of temporary coverage but hopefully that will be enough to sell the old car. 

GDB2222

Frozen_up_north said:

New cars often include a few days complimentary insurance, VW Group do. It gives you an extra 3 or 4 days to sort insurance. Handy if swapping a personal plate as my insurance company didn’t have the new car details… even though I pointed out to them (on the phone) that it was showing correct new car details on the DVLA web site on my mobile phone web browser!

The new car hasn’t been registered yet, and I’m betting the garage won’t get it registered in time for the registration to be uploaded onto the insurer's database.  They asked me lots of questions but they didn’t have anyone there to deal with my answers. 

alamest

I’ve been in a very similar situation before and it’s honestly more common than people think, especially around weekends and holidays.

The easiest way to handle it is usually just to call your insurer (or start a new policy online) and switch the cover over to the new car as soon as you collect it. You don’t need to wait for the old car to be sold, insurers deal with this all the time. You can then leave the old car parked up off the road (SORN if needed) and uninsured until it’s sold.

If you really need both cars insured for a short overlap, temporary cover on the old car for a few days or a week can work out cheaper than running two full policies. A lot of people don’t realise that’s an option.

As for the premium jump, unfortunately that sounds about right with newer cars at the moment. Worth double-checking the details (job title, mileage, parking etc.) and seeing if changing the voluntary excess makes a difference, but otherwise insurers are pretty brutal right now.

In short: line up the new policy, swap it over when you collect the car, and don’t stress too much, this is a very normal scenario.