Insuring a new car for theft only while selling old car?
Discussion
I'd like to pick up another car and keep it on the drive until i've sold my current car.
I need to keep my insurance and NCB on the current car for test drives etc.
The new car won't be driven, just sit on the drive so needs theft insurance for 1 month.
Has anyone heard of this? Any 'laid up' policies i've seen the car needs to be garaged and are for longer time periods.
Best I can think of is to buy a 12 month policy (well over £1k as I cant use NCB) and then cancel it (incurring ~£50 cancel fee + pro rata of the 1000) when the old car is sold.
This will cost ~£150 for 1 months insurance where i'm not even going to drive the car!
Any better ideas for an alternative solution to this?
I need to keep my insurance and NCB on the current car for test drives etc.
The new car won't be driven, just sit on the drive so needs theft insurance for 1 month.
Has anyone heard of this? Any 'laid up' policies i've seen the car needs to be garaged and are for longer time periods.
Best I can think of is to buy a 12 month policy (well over £1k as I cant use NCB) and then cancel it (incurring ~£50 cancel fee + pro rata of the 1000) when the old car is sold.
This will cost ~£150 for 1 months insurance where i'm not even going to drive the car!
Any better ideas for an alternative solution to this?
Edited by was8v on Thursday 18th March 16:05
I ended up keeping the car in the garage uninsured.
When someone eventually came to view, for demoing my insurer (elephant) temp insured the car for a week for me for £30.
Then the first person to view bought the car. So I then cancelled the insurance after 4 hours and they refunded me £21.
So 4 hours insurance cost me £9 but for piece of mind it was worth it.
When someone eventually came to view, for demoing my insurer (elephant) temp insured the car for a week for me for £30.
Then the first person to view bought the car. So I then cancelled the insurance after 4 hours and they refunded me £21.
So 4 hours insurance cost me £9 but for piece of mind it was worth it.
Edited by was8v on Friday 9th April 10:58
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