Day insurance / Insurance woes etc. HALP!

[Mr Lobster]

A buying has occurred. Something I really want, don't need but was cheap.

For the purposes of driving it home I need to day insure it. Any recommendations on who / how and how much I'd expect it to cost as I'm new to this sort of caper!

Ta!

[bramz7]

Aviva Day Insure tend to be the cheapest with the least caveats.

 

Had one instance when they refused cover. Otherwise fine.

[DSdriver]

Are you going to tell us what you've bought? If its chod we NEED to know.

[Dave_Q]

Day insurance normally about £40-50 for me, most of the main comparison sites do day insurance so just pick the cheapest, think the last time I used it was Tempcover. 

 

I must say though, the AS approved skinflint manoeuvre is to take out a normal policy then cancel when you get home.

Do a comparison for normal insurance but select based on the lowest admin fee, when you take out a policy online you can cancel within 14 days (cooling off period) and they're only allowed to charge you pro-rata for the cover used and sometimes an admin fee.

 

Obviously that way you have to shell out £? upfront which might be a pain if you don't just have a credit card to stick it on, but you should get back all bar £10-20 as a refund when you cancel.

[Mr Lobster]

Are you going to tell us what you've bought? If its chod we NEED to know.

2001. A bargain. Thats all for the moment. There will probably be a collection thread

[gadgetgricey]

Also check with your current Insurer to see if they do additional car cover. (Direct Line do)

They can be a bit picky with the reason for the change, so normally I stick with courtesy car but depends if and what your main insurer will allow,

[The Moog]

Best way for me is take out policy then cancel. Get up to 2 weeks for £30 - elephant and admiral used to be best for this.

[Skizzer]

I use Dayinsure quite a bit - usually £20-something for one day, £30-odd for 2 days then a few quid extra for each subsequent day (they do up to a week).

 

They do classics on it - I last used it to take my VX2300 for its MOT. It then cost the same as one day’s cover when I added the Vauxhall to my Footman James policy for the entire year... but that required 40 minutes on the phone instead of 3 minutes on the Dayinsure website.

[Zelandeth]

Be aware that a lot of temporary policies have minimum vehicle values these days. To do with a lot of them being used for crash for cash type nonsense in otherwise disposable cars apparently.

[castros_bro]

If you go go for a day insure then go through a "cashback site" I get £6.30 back on a one day insurance £17

 

 

https://www.topcashback.co.uk/search/merchants/?s=Insure+Daily+Temporary+Car+Insurance

[Captain Furious]

If you can, add it as a temp additional vehicle on your existing policy. Some companies won’t permit this (usually the mingebag ones) but the main ones will. I’ve done it with Admiral numerous times and it can work out as little as a pound a day, depending on the period/level of cover

 

Only limitation is usually a max of 90 days cover per Insurance period - which is cumulative.

[Felly Magic]

2001? Knowing Lobster it will probably be a Renner of some form lol

[Talbot]

If you can, add it as a temp additional vehicle on your existing policy. Some companies won’t permit this (usually the mingebag ones) but the main ones will. I’ve done it with Admiral numerous times and it can work out as little as a pound a day, depending on the period/level of cover

 

Only limitation is usually a max of 90 days cover per Insurance period - which is cumulative.

I've done this several times too. Only marginally more expensive (on a day-to-day basis) than having it's own policy, but without the arseraping you get for cancelling a policy between 14 days and 365 days.

[Captain Furious]

Yeah I was pleasantly surprised to find I could add and remove cars at will without even incurring an admin charge. I might be preaching to the choir but it doesn’t necessarily always occur to people to try their own insurer first before running to the day insurer rapists.

[Mr Lobster]

Right a little update.   Day insurance I can sort no problem. Its something longer term thats proving difficult.

 

Insurer of my daily (LV) won't mirror my NCB onto a new policy which they used to do a year or two back but won't now.  They will add an extra car for a maximum of 42 days which works ok as a stop gap but not for the 3-6 months I'd probably keep hold of it for. 

 

So it looks like it needs its own policy then. 

 

My NCB is used up on my Dacia, its not old enough for classic insurance. When I get a quote without any NCB its deep into four figures which makes it a none starter as a fun, cheap little project for the summer.  I'm going to meerkat myself up tonight but I'm not hopeful. Does anyone have any suggestions and what are those of you running several cars that aren't old enough for classic insurance doing?

 

I'm guessing that a MultiCar type policy is perhaps the answer but with both mine and Mrs_Lobsters cars having been re-insured in the last four months, cancelling them would lead to me getting a financial pummelling.

 

TL:DR - Insurance is a right pain in the neck. Help plz.

[Mr Lobster]

Oh, and Felly - its not French   

[Mr Lobster]

Also, excuse my ignorance but.....   if I take out a new policy and pay on direct debit, if I cancel part way through can I essentially walk away with only half the payments made or am I somehow liable for the full amount?

 

I know I should know this but I usually pay in full so am a bit new to it all.

[bramz7]

I once did this and they charged me a huge cancellation fee for the credit arrangement.

[omegod]

Also, excuse my ignorance but.....   if I take out a new policy and pay on direct debit, if I cancel part way through can I essentially walk away with only half the payments made or am I somehow liable for the full amount?

 

I know I should know this but I usually pay in full so am a bit new to it all.

 

I think I got away with doing that on a Scirocco and the 13 days  cost me about £20 in the end 

[The Moog]

Also, excuse my ignorance but..... if I take out a new policy and pay on direct debit, if I cancel part way through can I essentially walk away with only half the payments made or am I somehow liable for the full amount?

 

I know I should know this but I usually pay in full so am a bit new to it all.

Not normally.

 

The policy is paid in full by finance and then you repay finance. You will be stung for a fee to cancel and potentially have to pay it all.

 

 

14 day cool off doesn't apply in these circumstances normally. You have to pay it in full then cancel within the mandated period.

[gadgetgricey]

Also, excuse my ignorance but.....   if I take out a new policy and pay on direct debit, if I cancel part way through can I essentially walk away with only half the payments made or am I somehow liable for the full amount?

 

I know I should know this but I usually pay in full so am a bit new to it all.

 

Depends on the insurer. Say £365 cost for year, 100 days used.

Some would charge £100 and refund £265, some the same to start with but then add a big admin premium.

Some alter the admin premium, one off charge or percentage charge dependant on how far into policy.

Some keep the whole premium, no refunds.

 

Also consider you don't get any new NCD for a part year.

Also if you make a claim in the period, no refunds