Best option for insuring GT3 whilst selling ?

[TangoGTR]

About to put car up for sale this weekend, but current insurance runs out end of this week. Don't want to renew with current provider as they have large penalties for cancelling policy, even if paying monthly. Won't have another car for 6 months, so don't want to keep policy running.

Anyone recommend an insurer that allows you pay monthly without any penalties for cancelling policy once car is sold ?

Cheers Dave

[sticks090460]

Won't your current carrier let you extend by a few weeks at a pro rata AP?

[jonamv8]

most insurers will extend for a month or so, or add it to another policy you have running on another car. I'm frequently in this situation...

[mollytherocker]

Whatever you do, dont be tempted to chance it. And if you let anyone else have a test drive, ensure they are fully comp!

Even if you 'trust them'.

MTR

[TangoGTR]

sticks090460 said:

Won't your current carrier let you extend by a few weeks at a pro rata AP?

Unfortunately not

jonamv8 said:

.... or add it to another policy you have running on another car. I'm frequently in this situation...

Will look into this, cheers

mollytherocker said:

Whatever you do, dont be tempted to chance it. And if you let anyone else have a test drive, ensure they are fully comp!

Even if you 'trust them'.

MTR

Sound advice !! . No-ones test driving car unless they can show insurance certificate showing they are covered fully comp for my car.

Edited by TangoGTR on Tuesday 4th October 19:21

[Magic919]

Look for a new annual policy with kinder terms when you cancel.

[Nano2nd]

How do you get fully comp insurance on a car you don't own?

[OlberJ]

Only trader policies will give that.

[TangoGTR]

So do people selling privately let potential buyers drive their cars with potentially only 3rd party insurance ? Must admit letting a complete stranger drive your pride and joy with 415bhp under foot, slight nerve racking

[mollytherocker]

TangoGTR said:

So do people selling privately let potential buyers drive their cars with potentially only 3rd party insurance ? Must admit letting a complete stranger drive your pride and joy with 415bhp under foot, slight nerve racking

Its not nerve racking, it is rank stupidity. EVEN, if its a friend of the family.

Trust me on this one.

MTR

[all2ofme]

Get a Chubb policy - fully comp on any car you like, and anyone else fully comp on yours, provided they don't live with you.

Great policy. One day I'll shut up about it :-)

[thegoose]

Most insurance companies don't invoke big penalties for early cancellation provided the policy is not in its first year, they will just charge you pro-rata up to cancellation date. Have you checked this or have you (quite reasonably) made an assumption based on the conditions when you first insured with them?

[sticks090460]

mollytherocker said:

TangoGTR said:

So do people selling privately let potential buyers drive their cars with potentially only 3rd party insurance ? Must admit letting a complete stranger drive your pride and joy with 415bhp under foot, slight nerve racking

Its not nerve racking, it is rank stupidity. EVEN, if its a friend of the family.

Trust me on this one.

MTR

It's actually nerve wracking, but don't let that worry you.......

[Nano2nd]

TangoGTR said:

So do people selling privately let potential buyers drive their cars with potentially only 3rd party insurance ? Must admit letting a complete stranger drive your pride and joy with 415bhp under foot, slight nerve racking

exactly i see loads of ads with no test drives unless fully comp, my understanding it is nigh on impossible to get fully comp insurance on a car youi don't own, i've certainly test driven cars 3rd party only others have test driven my cars 3rd party... in the current market you don't want to be limiting you buying audience unnessesarily thats for sure!

[TangoGTR]

Thanks for responses guys.

[Risotto]

There are plenty of insurers who offer short term (i.e. single day) fully comp cover if all you want to do is make sure people can test drive it legally.

[DJFish]

I was wondering if it was still possible to get 'any driver' insurance? Even for a limited period.
Should I finally buy the car of my dreams, my pals will no doubt want a go.......

[mollytherocker]

DJFish said:

I was wondering if it was still possible to get 'any driver' insurance? Even for a limited period.
Should I finally buy the car of my dreams, my pals will no doubt want a go.......

Tell 'em to get their own!!!!

MTR

[TangoGTR]

OK have gone with Admiral who had best annual price & only £22.50 to cancel in 1st 14 days or £45 there after. Car's now on on the market.

Thanks again all, for advice.

Dave

[Koing]

TangoGTR said:

OK have gone with Admiral who had best annual price & only £22.50 to cancel in 1st 14 days or £45 there after. Car's now on on the market.

Thanks again all, for advice.

Dave

Oh I see that one is yours. Looks very nice! Good luck with the sale!

Koing