Annual or temporary Insurance?

Annual or temporary Insurance?

Author
Discussion

poolcued

Original Poster:

17 posts

96 months

Wednesday 21st August 2019
quotequote all
I need insurance for a few days to sell a high-value vehicle. Trouble is, the prices for temporary insurance are expensive. Is there anything stopping me from taking out a much cheaper annual policy and then cancelling it within the 14 day 'cooling off' period?

Of course, I accept I will probably have to pay a cancellation fee on top of a daily cover fee, but even with these it should still be significantly cheaper.

Cheers.

poolcued

Original Poster:

17 posts

96 months

Wednesday 21st August 2019
quotequote all
No, it's mine. It was inherited and I can't run 4 cars. Thanks for the replies all.

poolcued

Original Poster:

17 posts

96 months

Wednesday 21st August 2019
quotequote all
It's currently garaged around 130 miles from me and recently out of MOT. Once it's MOT'd, I'm selling to a dealer in Warwick, around 200 miles the other way.

Due to distance, inevitable traffic and other commitments, I'll probably spread the logistics out a bit, hence daily insurance potentially working out more expensive.