How does the new insurance law effect you.
Discussion
As Title
I'm planning on getting a second car to use on track, it will be taxed and sat in the garage uninsured, when I want to use it on a track day I was going to use day insurance to drive it there. This plan has now gone to pot with the new law saying that the taxed car must be insured/sorned.
How will this effect you?
I'm planning on getting a second car to use on track, it will be taxed and sat in the garage uninsured, when I want to use it on a track day I was going to use day insurance to drive it there. This plan has now gone to pot with the new law saying that the taxed car must be insured/sorned.
How will this effect you?
Will your car be standard or do you know a mod friendly day insurer? I haven't read these proposals in any detail but with test runs, tyres, brakes and other reasons to need a track car insured then I've always kept them taxed and insured year round. The last thing you want is to ruin a track day because you couldn't test properly after a repair. With annual insurance less than the cost of a track day plus fuel it doesn't make financial sense either.
Yet another way to get tax out of the motorist iirc ...
Mind you, i couldnt find anyone that would day insure my Trophy once modified anyway, so i just got a limited mileage annual policy instead.
Essentially, if its taxed, it needs to be insured, if its Sorn'd it doesnt need to be insured.
Mind you, i couldnt find anyone that would day insure my Trophy once modified anyway, so i just got a limited mileage annual policy instead.
Essentially, if its taxed, it needs to be insured, if its Sorn'd it doesnt need to be insured.
OldSkoolRS said:
Thanks for the feedback. As I'm planing on getting it back on the raod this summer, I'll need to insure it anyway as once I start pulling it out on the drive to work on it, then it's at risk from people who weren't aware I had it (been garaged the last 10 years 
).
If it the car in yur profile (not the Audi), id thoroughly recommend insuring it if its out in the open at any point!! ).Lovely car.
OldSkoolRS said:
Only just heard about this. Need to read up but am I right in that if the car is under SORN you still don't need to insure it?
Yes.New new rules mean that if it is NOT SORN'd then you need insurance.
So what you can't do now (Which you could do before) is have a non SORN'd, uninsured, taxed car kept on private land.
PAULJ5555 said:
As Title
I'm planning on getting a second car to use on track, it will be taxed and sat in the garage uninsured, when I want to use it on a track day I was going to use day insurance to drive it there. This plan has now gone to pot with the new law saying that the taxed car must be insured/sorned.
How will this effect you?
Surely you'd need to have it insured to get it taxed?I'm planning on getting a second car to use on track, it will be taxed and sat in the garage uninsured, when I want to use it on a track day I was going to use day insurance to drive it there. This plan has now gone to pot with the new law saying that the taxed car must be insured/sorned.
How will this effect you?
Melindi
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