Car Sold - do I have to cancel insurance?

[LayZ]

Wondering about the legal status of this.

If an insurance policy just has a couple of months to run and the NCB is more valuable than any refund due (if any at all), is it an offence to keep insurance on a car you no longer own?

[LayZ]

So saying we no longer have the car but continuing the policy is possible? Seems a little nonsensical you can build up NCB on a policy without having anything insured.

Thanks for the opinions guys, I'll probably just do nothing about it unless something compels me to.

[LayZ]

Dan@AdrianFlux said:

Hi,

Are you looking to replace the car you sold? If so there is a chance then your Insurance Company may be able to keep the policy open for a week.
If not then you will have to look into cancelling it as you no longer own the vehicle the insurance is for and the person who brought that car will be insuring it.

Regards,
Dan.

As I hinted at, I *may* have already inquired with the insurance company and it *may* actually cost me money to cancel, and I *may* not get a years NCB, with only a couple of months to run on the policy. We plan on replacing the car, (it was my wife's) but not in a hurry as she is giving birth in November.