Associate
Hi my wife is selling her car to We Buy Any Car on Saturday. The car is still insured until 4 September 15. She will NOT be buying a replacement car.
She owns the car but I am the named driver, I own another car for which she is the named driver.
I had a quick look on the insurance policy and it states that there is a £55 cancellation fee.
The policy also states: “Mr Belly (me) may also drive with the owners permission a motor car that is not owned by or registered to, or hired, rented or leased to, them, their business partner or their employer, or is being kept or used in connection with their or their employer’s business”.
WHAT EVER THAT MEANS?
I remember some years ago that I had to cancel an insurance policy when buying a new car because the insurance company I was with didn’t insure new cars! (Thanx Swinton for putting me on that policy in the first place).
In that instance I stated to Swinton that instead of paying for the policy cancellation I could just let it expire in six weeks time. She stated that that wasn’t possible because I wouldn’t get a No Claims Bonus for the new car and would have to start from scratch.
So would it be legal NOT to cancel the policy on the grounds that I might do what it states above [the part I don’t understand] and then NOT renew the policy on 4 September and then I assume the wife will be sent a No Claims Bonus certificate?
She owns the car but I am the named driver, I own another car for which she is the named driver.
I had a quick look on the insurance policy and it states that there is a £55 cancellation fee.
The policy also states: “Mr Belly (me) may also drive with the owners permission a motor car that is not owned by or registered to, or hired, rented or leased to, them, their business partner or their employer, or is being kept or used in connection with their or their employer’s business”.
WHAT EVER THAT MEANS?
I remember some years ago that I had to cancel an insurance policy when buying a new car because the insurance company I was with didn’t insure new cars! (Thanx Swinton for putting me on that policy in the first place).
In that instance I stated to Swinton that instead of paying for the policy cancellation I could just let it expire in six weeks time. She stated that that wasn’t possible because I wouldn’t get a No Claims Bonus for the new car and would have to start from scratch.
So would it be legal NOT to cancel the policy on the grounds that I might do what it states above [the part I don’t understand] and then NOT renew the policy on 4 September and then I assume the wife will be sent a No Claims Bonus certificate?