Insuring a new car for theft only while selling old car?
Insuring a new car for theft only while selling old car?
Author
Discussion

was8v

Original Poster:

2,013 posts

226 months

Thursday 18th March 2010
quotequote all
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?

Edited by was8v on Thursday 18th March 16:05

aston vantage V8

11 posts

200 months

Saturday 20th March 2010
quotequote all
Most company's will have a 14 day cancellation policy without penalty you pay a £25 admin charge but of course you have to sell the car within 2wks or do the same thing with another comp so total cost for 1 month is £50 look on go compare and check the details. gl

leeeeshad

1,480 posts

218 months

Saturday 20th March 2010
quotequote all
Can't you add it to your existing insurance?

EDLT

15,421 posts

237 months

Saturday 20th March 2010
quotequote all
Whats the new car, are you sure you could leave it on your drive for a month without using it?

I couldn't, even if its just a diesel Astra I'd want to have a go in it.

Just pay for the insurance, you'll be able to scratch the inevitable itch as soon as you get it then.

Brite spark

2,106 posts

232 months

Sunday 21st March 2010
quotequote all
If you are changing the car on your current policy some insurers will give you a change over period of a week or two, might be worth asking first before you look at other solutions

was8v

Original Poster:

2,013 posts

226 months

Friday 9th April 2010
quotequote all
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.

Edited by was8v on Friday 9th April 10:58