Insurance for a car that won't be driven - does it exist?

[billyliar]

Hi,

I'm about to take delivery of a company car, and I'm about to sell my own car privately.

I currently pay a stupid amount of insurance a month, so I'm keen to cancel asap.

Is there an insurance policy which will cover my car for just sitting on the roadside?

Also, any potential buyers are likely to want to test drive it. Will their own insurance extend to covering the car whilst it's driven, or do I need to go for a 1 day special insurance?

Cheers,

[SystemParanoia]

cancel the ins, and if anyone wants to test, tell them to get a day insurance policy

[GKP]

You'll still need at least third party liability insurance to park it on the road (I'd suggest theft + fire cover too). If you have a driveway, no insurance cover is required - but advisable in case a tree falls on it etc.

Your prospective purchasers can easily buy 24 hr insurance simply by doing a bit of Googling - it will cost them under £20 usually, unless you're selling a particularly expensive/sporty car. Tell them you'll refund their costs if they purchase the car. Their current policy may provide third party cover, but you'll be out of pocket if they stick it in a hedge.

[davepoth]

There is such a thing as laid up cover.

You could reduce your cover to TPFT if you aren't going to move it but changing the policy will cost a fair bit.

[billyliar]

Cheers,

Car is worth about £14, so no insurance means no test drive. I suppose if I tell any prospective buyer that they'll need to pay for a day's insurance then it'll stop the timewasters and tyre kickers coming.

If it's covered 3rd party I assume it'll be covered if somebody decides to drive into it whilst it's parked up?

[SystemParanoia]

sold.

ill be round in a few hrs with £15 cash!

[Tallbut Buxomly]

billyliar said:

Cheers,

Car is worth about £14, so no insurance means no test drive. I suppose if I tell any prospective buyer that they'll need to pay for a day's insurance then it'll stop the timewasters and tyre kickers coming.

If it's covered 3rd party I assume it'll be covered if somebody decides to drive into it whilst it's parked up?

Nope. 3rd party is what it says. it covers third party only. your vehicle is your problem.

[GKP]

billyliar said:

Cheers,



If it's covered 3rd party I assume it'll be covered if somebody decides to drive into it whilst it's parked up?

No, third party means 'someone else or their property'. Maybe your handbrake fails and Mrs Jones gets her foot squashed by your runaway car and it ends up demolishing her wall. Her foot will mean compensation for her and her wall will require rebuilding - she'll get paid out.
However, if you want to repair your broken headlight and biffed bumper you'll have to get your wallet out.

[It's a me]

You could tell every perspective buyer to Hpi check the car, they will then be given a reference which will enable them to get 7 days free insurance for the car. It will depend on what car it is, but most run of the mill stuff will get cover.