I may be getting a new car at the end of this month.
However, I still need to sell my current car, which could mean potentially having to insure two cars at the same time.
The quote for the new car with 0 years NCD is £390 dearer than when I get a quote with 1 year NCD - I know, huge difference (and don't forget, you can only use your NCD on one car at a time).
Does anybody have any suggestions as to the best way to go about this? I do not believe my current insurer offers a multi-car policy at the moment.
Possible options I have thought of are:
However, I still need to sell my current car, which could mean potentially having to insure two cars at the same time.
The quote for the new car with 0 years NCD is £390 dearer than when I get a quote with 1 year NCD - I know, huge difference (and don't forget, you can only use your NCD on one car at a time).
Does anybody have any suggestions as to the best way to go about this? I do not believe my current insurer offers a multi-car policy at the moment.
Possible options I have thought of are:
- Ask if the new insurer on the new car will temporarily accept my 1 year NCD despite it being used on the old car. Is this generally possible?
- Buy the new policy with 0 years NCD and then make a mid-term adjustment for the NCD? Again, is this even possible? If not and if within the 2 week grace period, I am thinking it could be worth cancelling and restarting the policy with the NCD.
- Cancel the policy on the old car and take out temporary cover on it instead. Then buy the new policy with 1 year NCD. The issue with this is a 3 week policy (assuming I sell the old car in 5 weeks from now, with the new one arriving in 2 weeks) will still cost around £200. However, this would save me £190 in the long run.
- Prepare to compromise on the price I sell the current car for to sell it quicker, with the £390 insurance saving on the new car in mind.