DVLA License Revoked - Insurance want to cancel?

mrbadexample

TLR wrote: »

I'll cancel the insurance.

T

If you haven't already done that, try asking if they'll suspend the policy. That way you could resume it once you get your licence back, and should retain the no-claims you've built up. No harm in asking.....

cyclonebri1

mrbadexample wrote: »

If you haven't already done that, try asking if they'll suspend the policy. That way you could resume it once you get your licence back, and should retain the no-claims you've built up. No harm in asking.....

You know it wouldn't be unreasonable to expect the insurer to be able to suspend rather than cancel the policy. Even if you lost the weeks whilst it was suspended they would be in pocket, you'd be uninsured so no risk. But then reason and car insurance don't exactly go hand in hand. This is the type of stuff that causes people not to disclose relevant info and is no good to any of us.:mad: :mad:

350nutter

Can you not convert the policy to one which covers fire and theft, but not riding your bike? Tell them it's off the road but you still require fire/theft cover.

raskazz

A few points.

The insurer can certainly cancel the policy as long as they follow the cancellation terms specified. This usually requires 7 day's notice for the insurer to cancel.

Regardless of any particular insurer's rules, it would really be against the public interest for an insurer to continue a normal motor policy to someone who tehy know does not hold a licence.

The insurer won't 'suspend' the policy as it is an annual contract.

cyclonebri1

raskazz wrote: »

A few points.

The insurer can certainly cancel the policy as long as they follow the cancellation terms specified. This usually requires 7 day's notice for the insurer to cancel.

Regardless of any particular insurer's rules, it would really be against the public interest for an insurer to continue a normal motor policy to someone who tehy know does not hold a licence.

The insurer won't 'suspend' the policy as it is an annual contract.

Hmmm, so who's the benifitiary in that? No disrespect but it does sound like an insurers viewpoint.

Also does that mean the insured actually has 14 days, keep 'em talking;) .

raskazz

cyclonebri1 wrote: »

Hmmm, so who's the benifitiary in that? No disrespect but it does sound like an insurers viewpoint.

No, it's just a commonsense viewpoint. Why would someone who cannot legally drive need an insurance policy to cover third party risks? A laid-up policy is more appropriate until the licence issue is resolved.

No, its doesn't mean that 14 days will be allowed, only 7 as per the policy wording.

MarkyMarkD

I don't understand the point about not suspending because it's an annual contract. In fact, it's wrong.

My wife was in hospital long-term and her policy was suspended for that time and an appropriate rebate given against the renewal premium.

I think that what's gone wrong in this thread is that the OP has been unnecessarily honest with their insurer.

If the licence withdrawal is merely a paperwork error, there was no reason to notify them. If the OP had kept quiet, resolved things with DVLA (whilst not using the vehicle) and then started driving again, no problem would have arisen.

There are times when being too honest is a bad thing - and I say this as someone who constantly advises people on MSE not to lie to their insurers.

I would wholeheartedly pursue the suspension of cover approach as I cannot see why that should be denied by the insurer.

cyclonebri1

MarkyMarkD wrote: »

I don't understand the point about not suspending because it's an annual contract. In fact, it's wrong.

My wife was in hospital long-term and her policy was suspended for that time and an appropriate rebate given against the renewal premium.

I think that what's gone wrong in this thread is that the OP has been unnecessarily honest with their insurer.

If the licence withdrawal is merely a paperwork error, there was no reason to notify them. If the OP had kept quiet, resolved things with DVLA (whilst not using the vehicle) and then started driving again, no problem would have arisen.

There are times when being too honest is a bad thing - and I say this as someone who constantly advises people on MSE not to lie to their insurers.

I would wholeheartedly pursue the suspension of cover approach as I cannot see why that should be denied by the insurer.

Thats exactly what I meant but couldn't be a***d to type it all:D

TLR_2

Yeah, I didn't want to lie, so I've messed myself up there.

I thought maybe if I had an accident in the future, they'd look at my license and find out that it'd been revoked for a certain period of time, and then cancel my insurance.

What happens to NCB once you've cancelled a policy? I had 2 years and 3/4 NCB building up on the cancelled policy, can I just keep the 2 years until I get another policy? I don't really understand how NCB works, doesn't it expire?

T

cyclonebri1

TLR wrote: »

Yeah, I didn't want to lie, so I've messed myself up there.

I thought maybe if I had an accident in the future, they'd look at my license and find out that it'd been revoked for a certain period of time, and then cancel my insurance.

What happens to NCB once you've cancelled a policy? I had 2 years and 3/4 NCB building up on the cancelled policy, can I just keep the 2 years until I get another policy? I don't really understand how NCB works, doesn't it expire?

T

I used to have 2 separately insured cars and built up max no claims on each. When I stopped on policy I was told the no claims was available for 5 years but lost completely after that if not taken up. I don't know if this is a general rule though.:money: