IIRC there's been a change in the requirements for insurance - if you own a car you must insure it even if it's not being driven?

I'm asking as I'm picking up a new car at the weekend, but the current car is not being picked up till Tuesday. Does this mean that I'll have to insure both cars for 4 days while I (technically) own both of them?

Thx

Martin

You must Insure the Car if its not declared SORN (statutory off road notification) which you will not want to do.

Even tho you park it off the road you are right you should be insured.

so no ANPR or drive by DVLA ANPR,

But, you are the one that takes the risk.

So see if the Garage are going to cover the new car with Insurance till the old one goes.

Or dont take it this weekend.

Or Talk to your Insurance Broker.

Is the Old car going to a Private Buyer or Dealer?

Can you not get them to cover it from this weekend with Insurance.

Normally the Dealership or your Insurance will assist.

george

Bet you can't wait for the new car m8, can't wait till you start moaning about the reduced mpg myself lol :p

Sent from my Galaxy S2 not a Crapple!

You must Insure the Car if its not declared SORN (statutory off road notification) which you will not want to do.

Even tho you park it off the road you are right you should be insured.

so no ANPR or drive by DVLA ANPR,

But, you are the one that takes the risk.

So see if the Garage are going to cover the new car with Insurance till the old one goes.

Or dont take it this weekend.

Or Talk to your Insurance Broker.

Is the Old car going to a Private Buyer or Dealer?

Can you not get them to cover it from this weekend with Insurance.

Normally the Dealership or your Insurance will assist.

george

It's a private sale, picking up next Tuesday. I'll call the insurance company and see what they say.

Thanks, I thought that was the situation with the insurance now.

cheers

Martin

Bet you can't wait for the new car m8, can't wait till you start moaning about the reduced mpg myself lol :p

Sent from my Galaxy S2 not a Crapple!

You can bog off as well!!!

So in practice, how does this work exactly?

Let's say, in a normal trade-in situation, I drive car A to the garage at a prearranged time, and hand it to the garage. I drive away in car B, my new car. I've previously arranged with the insurance to change the cover from car A to carB at the arranged time.

So I drive away in car B, which is owned by me and (let's say) I''m the registered keeper already because paperwork has been done. Insurance is in place, so we're all tickety-boo as far as car B is concerned.

However, as far as DVLA are concerned, I'm still the RK of car A as well, and MID will throw this up as not insured. So how do they decide how the insurance overlap works?

In practice, would they look at the exchange of ownership through the garage and take a pragmatic view of the "theoretical" gap in insurance? In short, I don't understand how you could not commit an offence, technically, every time you swap cars over?

Or is this more aimed at cars which have not been insured for months at a time?

Sure my last insurance company said my old car was insured for 5 days or something aswell as my new car last time i changed cars

In a normal Trade in situation the vehicle traded in becomes 'In Trade',

You are the Last Registered Keeper, but not the Owner or Present Keeper,

Thats when it is a Genuine Trader, Breaker, or Representative of the the Insurance Company that has Taken Keepership of the vehicle.

(& no additional Keeper gets added to the V5 when the next Buyer gets the new V5)

You fill in a Diiferent part of the V5 when giving up ownership or keepership to them.

You should also have a Reciept & Proof of having handed over the vehicle.

Did you ask your Insurance Company yet about the Change Over Period where you will Own 2 Vehicles and be Driving only 1 of them, but need at least 3rd Party Fire & Theft cover for the one not being drive?

george

Edited 1 August, 201213 yr by sk4gw

So in practice, how does this work exactly?

Let's say, in a normal trade-in situation, I drive car A to the garage at a prearranged time, and hand it to the garage. I drive away in car B, my new car. I've previously arranged with the insurance to change the cover from car A to carB at the arranged time.

So I drive away in car B, which is owned by me and (let's say) I''m the registered keeper already because paperwork has been done. Insurance is in place, so we're all tickety-boo as far as car B is concerned.

However, as far as DVLA are concerned, I'm still the RK of car A as well, and MID will throw this up as not insured. So how do they decide how the insurance overlap works?

In practice, would they look at the exchange of ownership through the garage and take a pragmatic view of the "theoretical" gap in insurance? In short, I don't understand how you could not commit an offence, technically, every time you swap cars over?

Or is this more aimed at cars which have not been insured for months at a time?

Once you sign It over then it's no longer your problem and Dvla will not do anything as when They process it, it will show you changed on that day. Dvla anpr is not up to date by any means, for a few days you'll be fine as long as you do not drive your old car and it is parked on private land, ie driveway. Their automatic fines for no tax on vehicles that are no sorn'd always come out months after the tax has elapsed because they are so behind.

Fine in that you can get away with not being insured type thing.

Not fine if there was an accident or even a no fault accident.

Even a Motor Cyclist or say a drunk push bike hitting your parked car.

Far fetched but say thats the day that a child walks out in front of you as you park your car up untill Tuesday.

BEST to,

Just talk to the Insurance , or put the old car off the road and hope it is not Stolen or set on fire over the weekend.

JMO obviously.

george

Can't you hang on picking up your new car till Tuesday ?, saves any worry, but if not just park up the old car off road and don't drive it, while yes it will be illegal until the Tuesday the reality of it is the three or four days until your buyer collects it aren't enough for the DVLA or MID to update their records.

N.B. the last time I changed cars mid policy I was told my insurance transferred as soon as I put the key in and started the engine on the new car.

I shouldn't think that they'll be too fussed over just 4 days, I can't see their databases being that up to date. You could ask your buyer to get it insured on the same day that you collect your new car or that you'll SORN it, cash the tax in and he'll have the hassle/expense of retaxing it.