Lease car return - insurance issue

[Hoots1]

Hi there, advice please. My new lease car gets delivered next Tuesday (23rd Dec) and can’t be delivered any later. Mannheim collections (via Leasys) cannot collect my current lease car until 18th January!!!! (I’m terminating my lease slightly early, lease terminates on 22nd December).
Where do I stand with having to store (and possibly insure) my current car for 3 weeks?

Hope this makes sense, thanks for any help.

[mmm-five]

If it's no longer your car after the lease is terminated, then is it still your responsibility to insure it?

Probably a question for the lease company, but you could probably call your current insurer and ask them to keep it on as a second car temporarily...they may also tell you that it's not your risk to insure.

[Hugo Stiglitz]

I had to start a new policy. No way I was leaving any car, off road or on uninsured. Its not worth the risk.

[2 sMoKiN bArReLs]

We used Cuvva or similar to insure over the crossover period.

[ToNyC1]

Had this a few times and is pretty straight forward. Move insurance to new car and get temp cover on the old car. Most insurers I’ve used had no issue at all with this, think it’s very common!

[Cabsi]

Hoots1 said:

Hi there, advice please. My new lease car gets delivered next Tuesday (23rd Dec) and can t be delivered any later. Mannheim collections (via Leasys) cannot collect my current lease car until 18th January!!!! (I m terminating my lease slightly early, lease terminates on 22nd December).
Where do I stand with having to store (and possibly insure) my current car for 3 weeks?

Hope this makes sense, thanks for any help.

Simple answer is that you can't insure something where you don't have an 'insurable interest'.

More complicated answer is that your lease t&c's may extend your liability until the car is picked up (i.e. you will have an insurable interest) but the easiest thing to do is ask your leasing company. If you used a broker don't ask them - the leasing company that provided the finance arrangement will actually own the car presuming the lease you mentioned is a PCH.

I had a similar situation a few years back. The finance house asked me if I would mind leaving the car on my drive but confirmed in writing that the liability was theirs and they insured it once my lease had finished.

[musafir05]

It is your responsibility to insure the vehicle until it is collected. This is also mentioned in leasys terms and conditions. Use temporary short term insurance to get it insured.