A boring insurance question...or two!
Discussion
Just wondering if fellow PHers have suggestions to deal this little scenario (I’ve put it in here as it’s related to car buying)?
Mrs BUG4LIFE’s car insurance is due a week today. However we’re just about to start looking for a new (to her) car - so in a month or so she could have to change her insurance.
I’m just trying to figure out the most cost effective way to do this. If we take out a policy on her current car (which we’ll have to do as it’s only a week away) and then cancel it 4 weeks later, I know the insurance company will take a big chunk.
I was thinking, should I choose a company that can offer a competitive policy on both cars and then just pay the admin fee and any difference...though even then they may say the current policy will be ‘cancelled’ in the same manner as I mention above?
Just wondering if any PHers have done a similar thing and haven’t had their pants pulled down?!
I’ve also got to figure out what happens if she ends up buying a new car before selling the current one...what on earth is the best way to be insured on both without it costing and arm and a leg?
Thanks in advance.
Mrs BUG4LIFE’s car insurance is due a week today. However we’re just about to start looking for a new (to her) car - so in a month or so she could have to change her insurance.
I’m just trying to figure out the most cost effective way to do this. If we take out a policy on her current car (which we’ll have to do as it’s only a week away) and then cancel it 4 weeks later, I know the insurance company will take a big chunk.
I was thinking, should I choose a company that can offer a competitive policy on both cars and then just pay the admin fee and any difference...though even then they may say the current policy will be ‘cancelled’ in the same manner as I mention above?
Just wondering if any PHers have done a similar thing and haven’t had their pants pulled down?!
I’ve also got to figure out what happens if she ends up buying a new car before selling the current one...what on earth is the best way to be insured on both without it costing and arm and a leg?
Thanks in advance.
I changed cars, updated the policy to the new car, no 'admin' charge, there was a £10 increase due to a newer and more powerful car.
Get costs for both cars from several insurance companies, and choose the best for the proposed car (or type of car), then insure for current car and change the policy to reflect the new car, as and when you buy it.
Get costs for both cars from several insurance companies, and choose the best for the proposed car (or type of car), then insure for current car and change the policy to reflect the new car, as and when you buy it.
Pica-Pica said:
I changed cars, updated the policy to the new car, no 'admin' charge, there was a £10 increase due to a newer and more powerful car.
Get costs for both cars from several insurance companies, and choose the best for the proposed car (or type of car), then insure for current car and change the policy to reflect the new car, as and when you buy it.
Who are you insured with mate, if you’re allowed to say?Get costs for both cars from several insurance companies, and choose the best for the proposed car (or type of car), then insure for current car and change the policy to reflect the new car, as and when you buy it.
BUG4LIFE said:
Pica-Pica said:
I changed cars, updated the policy to the new car, no 'admin' charge, there was a £10 increase due to a newer and more powerful car.
Get costs for both cars from several insurance companies, and choose the best for the proposed car (or type of car), then insure for current car and change the policy to reflect the new car, as and when you buy it.
Who are you insured with mate, if you’re allowed to say?Get costs for both cars from several insurance companies, and choose the best for the proposed car (or type of car), then insure for current car and change the policy to reflect the new car, as and when you buy it.
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