Insurance Query

[CoolC]

Hey,

I may be selling the car next week, i paid my years insurance straight up last september.
I am going to be buying another car in april.
That leaves me 3 months

My sister has said i can borrow her car for the 3 months i wont have one.

Is it as simple as me swopping my insurance over to that car.
Are both me and my sister able to be insured on the car?
Does she need to go on as my named driver?
If i cancel my insurance will i get some money back?
Should i cancel and go on her insurance as a named driver?


Thanks people :)

[b-christie]

im sure theres a law against 2 insurances on one car dont hold me to that tho

if you cancel insurance you might find it had to get money back and it goes against you for future insurance polices

[Marky_C]

When you get a new car just swap over the cars on the policy. Depending on what you are trading from/to you may get money back or have to pay extra.

[laurence]

cant you just drive your sisters car 3rd party and keep your insurance cuz some insurance let you just drive any car 3rd party.

[CoolC]

If i keep my insurance on my car though, Laurence who is buying it wont be able to insure it.

[Graeme]

best bet is to cancle you insurance early and get some of your money back then go on your sis insurance for the 3 months

[CoolC]

2 people can't insure the same car, its fraud apparently. Just looked it up

[b-christie]

tell your insurance that you are selling your car my granda got his insurance put on hold till he got a new car 6wks later with no problems worth a try dont think all insurances will do this tho

[CoolC]

best bet is to cancle you insurance early and get some of your money back then go on your sis insurance for the 3 months

How will it go on my insurance tho. Will i still keep my 2 years no claims from before i took out this policy, how do i prove it.
Thanks for ya help

[laurence]

If i keep my insurance on my car though, Laurence who is buying it wont be able to insure it.

whatt??? lol ooh i get it cuz if your still insured on it then i cant get insured? lol

[CoolC]

whatt??? lol

We both cant be insured on the same car with separate polices because its fraud. So i think the only real option i got is to cancel my insurance, but im not sure how that will affect me by canceling it.

[laurence]

We both cant be insured on the same car with separate polices because its fraud. So i think the only real option i got is to cancel my insurance, but im not sure how that will affect me by canceling it.

ooh cuz your sister is insured on her car as well? just ring up and see what they say? you can prob just pay the rest of it off

[b-christie]

i think you should try my last point and see what they say

[BazzaC]

Are both me and my sister able to be insured on the car?
No your not, there is a thing called Insurable Interest, basically meaning you need to have some interest in the thing your trying to insure and it cannot also be insured by someone elsewhere. As you dont have any interest in the vehicle, you couldnt insure it under your name

Does she need to go on as my named driver?
If she swaps the car over to your name and wants to drive it then she can Third Party if she is the policyholder on another vehicle (and her policy covers this). To cover her to the same level of cover you have, then named driver is the way.

If i cancel my insurance will i get some money back?
You should do if your not in the first year of insurance with this company.

Should i cancel and go on her insurance as a named driver?
Probably your best bet, your insurance needs cancelling as soon as possible, if your not swapping to another car, you will be able to get your proof of no claims for however many you have, aslong as they are full years.

[DAN_ADRIANFLUX]

Hey,

I may be selling the car next week, i paid my years insurance straight up last september.
I am going to be buying another car in april.
That leaves me 3 months

My sister has said i can borrow her car for the 3 months i wont have one.

Is it as simple as me swopping my insurance over to that car.
Are both me and my sister able to be insured on the car?
Does she need to go on as my named driver?
If i cancel my insurance will i get some money back?
Should i cancel and go on her insurance as a named driver?



Thanks people :)

Hi,

You won't be able to Insure your Sisters car if she is the registered owner and keeper.
You won't be able to have 2 lots of Insurance on it at the same time this is deemed illegal.
If you check with your insurance they will be able to tell you the Cancellation fees / Figure you would get back, However by cancelling you will be losing out on a years NCB.

It might be worth talking to your insurer and seeing if there is anything they can do for the 3 months till you get a car?

Dan.

[CoolC]

Ok thanks for your help guys, i'll ring my insurance and see what they can offer me but it looks like im going to cancel my insurance and go on hers as a named driver.

Thanks very much :)