Continuous Insurance - is there a grace period?

Continuous Insurance - is there a grace period?

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Discussion

londonbabe

Original Poster:

2,045 posts

192 months

Monday 30th March 2015
quotequote all
I'm (hopefully) buying a new car tomorrow, but I haven't sold my Mercedes yet.
I've not done this sort of thing since the new regs came in, and figured this is the best place for advice.

Financially it makes sense for me to pay a bit of money to keep my current insurance policy and let it run till the renewal in a couple of months, rather than get a completely new policy (so that when I do renew I have another year's no-claims bonus.) So having 2 cars insured may not be possible
(or can the insurer do both cars for a bit on the same policy?)

Do I need to SORN my Mercedes tomorrow and claim the tax, or can I leave it taxed but not insured for any length of time?
(and if you were to buy a car would it make any difference to you if a car was SORNed)

And finally, does anyone want a Mercedes 300TE-24? :-)

londonbabe

Original Poster:

2,045 posts

192 months

Monday 30th March 2015
quotequote all
New car will be taxed, insured MoTed, everything before I drive it away from the dealer!

It's the old car I am wondering about, which will just be parked off-road until sold.
Of course it precludes a road test, but then a buyer wouldn't be insured to drive my car anyway.

I assume (if you don't SORN it) this thing is normally no problem because tax and insurance work in day sized units, so the computer never says 'no'.

I totally forgot to ask if they would do a cross-over on both. I didn't think such a thing existed.

londonbabe

Original Poster:

2,045 posts

192 months

Monday 30th March 2015
quotequote all
Brilliant - I will ask them this when I call them tomorrow.

PH to the rescue once again!

londonbabe

Original Poster:

2,045 posts

192 months

Monday 30th March 2015
quotequote all
LoonR1 said:
Who's taxing the new car? If it's not you, then it won't be taxed.
Me of course.
And I have 1 years no claims. In May it will be 2. It's the sort of amount that makes a difference :-)
(late to the 4 wheeled party)

Edited by londonbabe on Monday 30th March 22:12

londonbabe

Original Poster:

2,045 posts

192 months

Wednesday 8th April 2015
quotequote all
Well as it happens I haven't had to. Sold the Merc the other day, haven't collected the Porsche yet.
So that's alright then.