Bought a new car, will I be insured to drive it home?

[EddyP]

Hi Guys,
Hoping someone can help me out with this one.

I've bought a new car, have two existing cars both which cover me third party to drive other vehicles.
The new vehicle will still be insured by the current/previous owner.

Will I be insured to drive it the 30 miles home third party only on my own insurance?


Only ask because I don't want to change my insurance over until i've sold my S2000, as i'll need to take people for test drives etc… and the current insurer has a £200 cancellation charge on the policy, so I have no other choice than to swap the policy over, I would have much rather taken out a new policy then cancelled the S2000 policy and had 3 months refunded back to me.

[marshalla]

EddyP said:

Hi Guys,

Will I be insured to drive it the 30 miles home third party only on my own insurance?

Almost certainly NOT. Your policies will probably state that you are covered for driving other vehicles which are not owned by you, leased to you, hired by you etc...

Change your insurance over, and ask the insurer to extend cover to the unsold car for a few weeks. Many will do this for a nominal charge, or even for free.

[Snowboy]

I *think* that once the cars sold his insurance is void.
He's insured the car as the owner, and he's no longer the owner.

[kiethton]

marshalla said:

Almost certainly NOT. Your policies will probably state that you are covered for driving other vehicles which are not owned by you, leased to you, hired by you etc...

Change your insurance over, and ask the insurer to extend cover to the unsold car for a few weeks. Many will do this for a nominal charge, or even for free.

This is the best way to do it

[speedking31]

I think it is the Registered Keeper who is responsible for complying with continuous insurance requirements. I understand that the owner does not necessarily have to be the Registered Keeper.

Which brings me back to a question which I haven't seen a satisfactory answer to; "At which point exactly does the Registered Keeper change during a car sale?" Is it the point when the V5C is completed by the seller, when it is posted, when it is actually registered at DVLA (would seem most logical ).

[Slidingpillar]

I may wrong, but I'd have said that for the insurance the registered keeper is not the issue - the owner is. So the car is now the OPs, and DOC cover does not apply as it is only for a car you don't own.

DVLC rules are one thing, insurance is another.

[Hackney]

Slidingpillar said:

I may wrong, but I'd have said that for the insurance the registered keeper is not the issue - the owner is. So the car is now the OPs, and DOC cover does not apply as it is only for a car you don't own.

DVLC rules are one thing, insurance is another.

Not sure it's relevant but I think it's the other way round. I have a lease car. The owner is the lease company, I'm the registered keeper and it's me who insured the car in my name. Is that what you were alluding to?

[EddyP]

marshalla said:

Almost certainly NOT. Your policies will probably state that you are covered for driving other vehicles which are not owned by you, leased to you, hired by you etc...

Change your insurance over, and ask the insurer to extend cover to the unsold car for a few weeks. Many will do this for a nominal charge, or even for free.

They say they can't do that. Not exactly the most helpful insurance company, bit disappointed really as they were so good when they first wanted my custom.

[Drumroll]

As has already been said you will not be covered. Me thinks its time to change insurance companies, people changing cars part way through a policy is a regular thing. If your company can't accommodate a simple thing like that how good are they going to be with a claim?

[LoonR1]

Drumroll said:

As has already been said you will not be covered. Me thinks its time to change insurance companies, people changing cars part way through a policy is a regular thing. If your company can't accommodate a simple thing like that how good are they going to be with a claim?

They might well be excellent. The OP may well be at fault for buying the cheapest product which isn't designed to cater for changes.

Oh and the OP is not covered at all under any circumstances whatsoever to drive his newly purchased car on his own DOC.

[gianlu]

I'm fairly sure many insurance can offer "mirrored" NCB. And then you have some 7/14 days to cancel paying only some admin fee.
Might be worth to have a chat with your insurance. Or alternatively tempcover/avica do short term insurance.

[Fort Jefferson]

Anyone who needs to ask "am I insured" usually isn't.

[smiffy180]

Get the seller to take his car to your place, change owners then take him back in your other car that is insured?

[Marvib]

Many, many years ago I bought a car and stupidly thought "I'll call and change over the policy when I get home, I'm covered 3rd party till then" the police officer who stopped me was very polite and understanding of my situation when he saw the bill of sale and made me call my insurance there and then to swap the policy over......he could have ticketed me, but didn't

[BertBert]

LoonR1 said:

Oh and the OP is not covered at all under any circumstances whatsoever to drive his newly purchased car on his own DOC.

Well we often disagree and this time is no different...
Why on earth are you being so polite? Noone I know is as uninformed as the OP about how insurance works. Let me go and ask my wife who knows nothing about insurance....sorry OP she says you are an idiot, read your policy.
FFS why is it so hard. light-hearted PH banter.
Bert

[gaz1234]

Buy a days cover, 20 quid

[EddyP]

Thanks for the help guys, you've confirmed what I thought was probably the case.

As for the current provider, it's Priviledge Insurance, I went with them from good review and from discounts to the S2000 owners website, however won't be touching them again, hopeless people.

I've sorted it with day insure now so all ok

[Snowboy]

BertBert said:

Well we often disagree and this time is no different...
Why on earth are you being so polite?

-snip-

Why would he want or need to be rude ?
Just because someone is misinformed or wrong about a subject why do some people feel the need to be rude to them about it?

Why start a fight when a simple friendly correction will suffice?

[DaveH23]

If this deal hasn't gone through yet could the OP not get the seller to follow him home and do the deal at the OP's house so during the drive back the OP is covered under the DOC?

He could then use one of his other cars to drive the seller home?

Admittedly this could be more expensive than day insurance.

[anonymous-user]

Fort Jefferson said:

Anyone who needs to ask "am I insured" usually isn't.

This. "Hello Internet, let me ask you about the terms of a contract that you haven't seen but which I have in my desk drawer". The question is also often associated with "I have just bunged megaspong to some bloke for some yarmouth, but I am too tight to pop for a few quid on insurance". See also: "I drive a white hotbox Audi with all the toys, but the tyres are from Poundland." [/rantette]