Motor Insurance

Frequently Asked Questions

1. QUESTION:
   Motor insurance?
   I drive on my wife's Insurance, (Fully comp) As a named driver. can I drive someone elses car as third party (not named) uk

   • ANSWER:
     As long as the other car has it's own insurance cover and you have the owner's permission to drive the car you should be OK.

     Unless the other policy restricts drivers (by age, name, etc.) there won't be any problem. Those restrictions are rare but not unheard of so ask to see the policy if there's any question.

2. QUESTION:
   What may happen if I do not send Certificate of Motor Insurance to Tesco after I cancelled the insurance deal?
   "With reference to cancellation of your policy... You must return to us the Certificate of Motor Insurance sent with your renewal confirmation"
   What if I cancel the direct debits or close my bank account? I am moving abroad and it seems i wont be back in UK.

   • ANSWER:
     Until they receive the renewal policy they will keep the policy in force. If you close you account they will cancel the policy for non-payment, which may or may not affect you ability to be insured with a good company in the future. Also they'll probably send the outstanding amount to collections.

3. QUESTION:
   How can I buy an international motor insurance "green card" for 15 days in England?
   I will travel with my car through Skopje, Serbia and Modenegro and they ask for "green card" international motor insurance. If you don't have you have to pay at least 210 euro to pass through the country.

   • ANSWER:
     Same as I told you the last time you asked, from your motor insurers.

4. QUESTION:
   Is Reliance Motor Insurance good in Bangalore?
   I just bought a 2nd hand Vehicle. I have to renew the insurance policy on it. Is Reliance Motor Insurance good in Bangalore? Is anyone a current customer of theirs?

   Also if not Reliance Insurance, which is a good motor insurance provider in Bangalore?

   • ANSWER:
     yes

5. QUESTION:
   Can the motor insurance be purchased under another person rather than the car owner?
   I made 2 claims to my motor insurance last year, now the insurance company do not offer policy renewal to me, thinking about to let my wife to pickup a fresh new policy on the car under my name, she has a clean track record. I wander if this is legal in Singapore.

   • ANSWER:
     She can do this.. but your name will still be put on the policy as a driver, so not going to help. Now for you thumb downer who say I am wrong... I have a policy on a car that I have never owned, but my name is on the policy as well as the owner and have done this for years.

6. QUESTION:
   How do you know if your car is on the Motor Insurance Database?
   I just insured my car 2day... i want tax tomorrow but i need the insurance papers (which I dont have YET however the car is insured) or my car needs to be on the motor insurance database... when is your insurance placed on this database?!?! Wb xXx
   Sorry i forget to say... i live in northern ireland!

   • ANSWER:
     Dunno if it works for NI, but this site will tell you.
     http://www.askmid.com/

7. QUESTION:
   If you are refused cover for building insurance would this affect motor insurance?
   They refuse to cover my house because of a tree close by. When I make a motor insurance application do I have to declare this to get cover.,

   • ANSWER:
     No, house insurance is a complete different thing. Just don't park under the tree.

8. QUESTION:
   What if i dont renew my motor insurance on time as in i get delayed for a week what will happen in Singapore?
   What is i dont renew my motor insurance on time as in my expiry is on 19 july and i only manage to renew it on 23rd july or 25th july ...what will happen?? My road tax only needs to be renewed on the 30th july. Please do help me out? Thanks

   • ANSWER:
     Write on the internet and ask, then do as they suggest.
     You will ALWAYS get the best info from the ppl who do the work. A compsny representative from abc corp may not know that xyz co does it differently.

9. QUESTION:
   Where can i get motor traderts insurance?
   I buy and sell a lot of cars, does anybody know where i can get motor insurance that will cover me to drive more than one car so i can transport cars around?
   Many thanks

   • ANSWER:
     Tradex, tradesure or use a broker.

10. QUESTION:
    Motor Insurance In Dubai - Who is there to arrange insurance & registration renewal of my car?
    Insurance & Car registration in Dubai -Sharjah.
    Do you know any firm who can provide motor insurance & car registration renewal in Dubai and Sharjah?

    • ANSWER:
      Insurance arrangements (for Cars) & Car registration renewal in Dubai & Sharjah is being arranged by CarCare Services Dubai.

      Our Contact Address:

      Telephone - 04-2957888 or Mobile 050 7868446.
      E-mail- helpline@carcareuae.com or carcaredubai@gmail.com
      Website www.carcareuae.com

11. QUESTION:
    Standing the cost of a car crash vs motor insurance claim?
    My son recently had a motor accident, we intend to stand the cost of a replacement car (insurance premium would rise a further £2000 for the following year).

    Do we have to inform the insurance company of the accident and if we do will this have an impact on his insurance considering the we stood the cost and didn't claim?

    The current insurance company seem unwilling to answer the question fully and an independant insurance broker was of little help too. Please help!

    • ANSWER:
      ALWAYS inform the insurance company. They get very tetchy if they find out you haven't. My daughter had a total loss. They paid for recovery (it was burned out) but we didn't claim on our insurance and we didn't loose any no claims

12. QUESTION:
    "If i have 2 motor insurance policies on two seperate vehicles, do i have to let the other insurance company k?
    "If i have 2 motor insurance policies on two seperate vehicles, do i have to let the other insurance company know if i make a claim against one of the policies, and if so will it affect my no claims and premiums of both policies. As i will be asked when renewing if i have made any claims in the last 5 years?''

    • ANSWER:
      It wont hurt to tell them that way you are covering your own back.

      If you have your no claims bonus protected you wont loose anything.

      Normally you wouldve had to tell them that you use another car and that you have another policy anyways.

13. QUESTION:
    Do I need Legal Cover when taking out Motor Insurance?
    Do I need Legal Cover when taking out Motor Insurance? What does Legal Cover actual mean? Would I need Legal Cover if I want to a third party accident claims company?

    • ANSWER:
      When you have an accident you suffer two types of losses (for this purpose) - insured losses and uninsured losses. Insured Losses are basically the damage to the car, if you have comprehensive cover - and your insurance company pays these. Uninsured losses are: excesses, injury, time off work etc. Your insurance company is not interested in these.

      So you have these losses - what do you do about it? You claim from the driver who is at fault. This could incur substantial expenses, you may have to fight the case to prove liability etc.

      Legal Cover provides cover against these losses. The company who does the recovery will in most cases not have to go to court but if they do then the costs are insured (By now all lgeal expenses/ uninsured loss recovery policies contracts should be underwritten - but it never hurts to check).

      Legal cover is not compulsory, however it can save you time and trouble if you do have to make a claim.

      There are two types - before the event and after the event - if you buy before the event it will cost you about £20.00 - if you buy after the event it will probaby cost you up to 10 times as much. If you go to a third-party claims company then if you do make a recovery they may (not will) charge a percentage of the recovery - and of course you are in the lap of the gods as to whether the company you select is reputable - several high-profile companies went into administration.

14. QUESTION:
    how much is a motor insurance?
    I have no idea of how much my motor insurance cost if I buy a car in UK. I have a driving license for 10+ years and have no background accidents.... any sample quote are welcome.

    • ANSWER:
      Try Comparethemarket.com

15. QUESTION:
    Where can I get a best deal for motor trade insurance?
    I am looking for a motor trade insurance as my renewal date is next month. The present insurance company are the agents and I want to contact the insurers directly to cut the cost. Any one out there with good knowledge of motor trade insurance.

    • ANSWER:
      Many insurance companies will only deal through brokers.

      Second point. If you deal direct what happens if the insurance company proves awkward - who will help you? Remember the saying 'He who acts as his own lawyer...."

      I deal with MMA, Tradex and KGM - and with other insurers for combined cover. You don't say if you just want road risks or wish to cover liability and/or premises.

16. QUESTION:
    Does anyone know what are the requirement for setting up a motor trader insurance?
    Can I purchase a motor trade insurance if i am a part time trader ( buying and selling car ) ? Another question is that am i able to use my correspondence address (home address) to purchase the insurance other than my business address ?

    • ANSWER:
      Pop into your local insurance broker. Several schemes for part-time motor traders. Tradex Highway MMA KGM to name but a few.

17. QUESTION:
    What motor insurance rating software/ systems can i get off the shelf? Which are the best.?
    I am looking for a software / system that automatically generates premiums rates or values after inputting the various variables like age of car, distance travelled, age of driver, No Claim Bonuses , Residential areas and all stuff that affect rating.

    Something similar to what the Insurance Call Centres use to give Insurance Quotes online.
    I am actually looking for the software that brokers and insurance companies use for use in our insurance company so I would like to get names of software suppliers who supply off the shelf.

    • ANSWER:
      There are websites you can go to to input the information and have quotes presented to you, but if you're looking for something you can download to your computer at home then you'd be looking like rating software that insurance brokers/agents use. This software costs several thousands of dollars and you have to show the company that you have a contract to sell insurance for the insurers you want the rates for.

18. QUESTION:
    Do you know of a good motor insurance company?
    I have just bought a merc. Need a good and reliable insurance company. Please suggest one.

    • ANSWER:
      GIC has Orientasl insurance. New India Assurance. United India etc.

19. QUESTION:
    Can you get Motor Trade insurance at the age of 21 in the United Kingdom?
    If so, can you point me in the direction of any websites that do definately offer this, I can't find one anywhere - yet there seems to be so many motor traders under the age of 25 online - none of them seem to know where offers motor trade insurance for a 21 year old.

    Thank you very much in advance to anyone that can help!

    • ANSWER:
      If you can show that you have an established motor trade business or are setting one up then you should be able to get help here http://www.adrianflux.co.uk/motortrade/?rw.cm=GOOGLE,PPC,motor+trade+insurance&gclid=COfEutG9t6UCFY4e4Qodty-DZA

      If you are just trying to get some car insurance on the cheap instead of normal then forget it as they will suss you out unless the Police do after.

20. QUESTION:
    what is the offence for misrepresenting a motor insurance company with wrong age?
    i would like to know what i will be facing if iam caught,, i already know that the insurance woudnt pay for the accident but other then that what can happen with the police and insurance company?

    offence? court? points?

    • ANSWER:
      Outside of insurance fraud, if the insurance company finds out that you have falsified an application for insurance, they can go back to the date you started the policy and re-rate you from that time til now for back owed earned premium which could stack up quite fast. You might then be facing collections if you cannot pay the earned premium, and if you cannot pay the premium you could face cancellation for non-payment. You can also face the possibility of the insurance company also non-renewing the policy, even if you could pay back owed earned premium.

21. QUESTION:
    what is the offence for misprepresentig yourself to motor insurance and lyin about the age?
    whats going to happen if i insure a car and give a older age then i really am to get cheaper insurance? what are the consequences i will be facing? are there any fines? points on license?

    • ANSWER:
      fraud in the state of NJ is a 5000 dollar offense up to 15000 for repeat offenders

22. QUESTION:
    How to collect / generate 4 wheeler database for the purpose of motor insurance?
    I am working with one of the General Ins. Co. at Nasik in India, i have a big question regarding the motor ins. i.e. how to generate the database? Please help me out! all the replies are wel come!

    • ANSWER:
      Sounds like your going to be looking for a new job!!

      What kind of info are you looking for? I would make different category's for injury's, both personal and other party's, property damage, vehicle damage, and thefts.

23. QUESTION:
    Can someone explain why you can now get denied motor insurance if you have committed a criminal offence ?
    I was gobsmacked to find i was refused insurance because i have an assault conviction against noisy neighbours from 2 years ago. When did this law come out? Does that affect my driving?Only one offence and you can,t get insurance? What nonsense!

    • ANSWER:
      Commonly known as 'moral hazard' - no 'Direct' insurance company will want to know you as you are not a 'cherry' that they'll pick.

      Go to a local insurance broker - they are professionals in insurance and will help you.

24. QUESTION:
    Motor insurance? Considering Ireland is in the EU, can i get my insurance with an English motor insurer?
    I'm sick paying over the odds in Ireland for motor insurance. Can i get cover from an English or northern Ireland motor insurer that will cover me in the Rep of Ireland considering the free movement of goods and services within the EU

    • ANSWER:
      Sort of but sorry.... no

      Insurers in the EU can do business in any other member state under the 'passporting' rules in the EU 3rd Insurance directive (subject to rubber stamp approval). So from that perspective there is free movement and yes legally you could buy insurance from say Commercial Union in London (or Belfast for that matter as in this context NI and England are the same)

      However, you'd still need to buy a policy that covers you in the ROI you can't just buy a UK policy. As much as anything else taxes, levies (for uninsured drivers etc) are different in each country.

      Don't forget nearly all the companies who sell car insurance in the UK have a branch or subsidiary in Ireland, for example Commercial Union in the UK and Hibernian (who also do the Irish Tescos Insurance) in Ireland are both part of Aviva. So there's unlikley to be any price difference.

      The real reason there is a price difference between the UK and ROI is almost certainly because of the claims experience, this is no different to people who live in London paying more for car insurance than people who live in some little village.

      Since in whichever country you buy the cover, the price will be based on where you live... it won't be any cheaper.

      Sorry it's not the answer you wanted, but I'm pretty sure that's how it is.

25. QUESTION:
    Can a 17 year old get motor trader insurance?
    Im 17, with a full license and I'm interested in buying and selling cars. But would a company give me motor trader insurance? And do you know the name of any of the companys that would?

    Any help would be appreciated

    • ANSWER:
      Well, likely you won't be able to get the business license from the state, but even if you could, you're not bondable at 17 (and you need a bond to do this). The insurance is the least of it, but motor trader insurance is EXTREMELY expensive, so if you're in a position to afford it, you can afford to start a shill corporation, and run all the paperwork through the corp to hide your age. Your attorney can help you out with it.

26. QUESTION:
    Does anyone know of a cheap but good motor scooter insurance company?
    Does anyone know of a cheap but good motor scooter insurance company in the UK?

    • ANSWER:
      Just like car insurance there is no substitute for shopping around.

27. QUESTION:
    Is my motor insurance void after failing to give a breath test ?
    I have recently been convicted and banned from driving for failing to give a breath test. I crashed into a gate and caused damage to my car. My insurance company are refusing to pay out as they say I was drink driving and refer to there terms and conditions.

    After reading there terms and conditions there is nothing regarding failing to give a breath test, after all they are 2 different convictions.

    Can my insurance company legally refuse to pay out if nothing regarding failing to give a breath test is in the terms and conditions ?

    Thanks

    • ANSWER:
      YOU SHOULDN'T BEEN DRINKING AND DRIVING. THAT IS HOW PEOPLE GET HURT OR KILLED. Yes the insurance company can refused you claim. You were stupid and you shouldn't have been drinking and driving. Because of people like you my child who was a month old got killed. Now I have to live on without her, because of stupid idiots like you. I am glad that the insurance company refused your claim. Maybe you will learn from this mistake.

28. QUESTION:
    if some1 claims on my motor insurance policy and my compulsory excess is 300£ does that mean i have to pay?
    if some1 claims on my motor insurance policy and my compulsory excess is 300£ does that mean i have to pay 300£? i had an accident and it was my fault and it would be them claiming on my insurance i think. also im 3rd party fire and theft...
    cheers

    • ANSWER:
      Basically YES.

      If the accident is your fault then you pay the first 300 of any claim.

      If it is not your fault then you would pay the excess initially and when your insurance had recovered their costs you would get that back.

      Oldman - you are very wrong.

29. QUESTION:
    Can anyone recommend a Motor Insurance company who will insure drivers after disqualification?
    I am trying to add a named driver to my car insurance. He was disqualified for 2 years for refusing to submit a blood sample. My current insurer won't insure him. Who will?
    The 2 years suspension was over at the end of March.

    • ANSWER:
      Assuming he has his license back then try quoteline, they specialise in insuring previously disqualified drivers. BUT be ready for a expensive quote. Subject to being a small engined vehicle it could exceed £1500.

30. QUESTION:
    is it legal for a motor insurance company to take £100 out of my bank account?
    using my debit card number? i gave them this number to take out the initial months premium. but i cancelled the policy after three weeks. so it was cancelled on 30/09/2010. yet had my bank statement today and swinton insurance had taken the money using my card details?
    i phoned to cancel the policy.

    • ANSWER:
      If you cancel a policy, there is always a cancellation fee, usually equivalent to one months premium.

      Contact Swinton and enquire as to whether or not they have charged a cancellation fee, and check that they know the insurance has been cancelled.

31. QUESTION:
    Any cheap motor insurance company for 19yr old?
    19yrs old, licence since May '05, planning to buy a Fiat Seicento Sporting (grp. 3), Bradford postcode.

    I know insurance below the tonne is hard to come by in my circumstances, but any help/suggestions would be be appreciated. Thanks in advance.

    • ANSWER:
      the following list are insurers that provide discounts for the pass plus course run by the DSA the list was accurate when provided to me. also you may need to confirm whether they provide discount in your area

      Churchill 0800 200 300

      Co Op 0161 832 8686

      Direct line 0845 246 8888

      Eagle Star 0800 333 800

      Norwich union 0800 888 111

      Privilege 0870 243 5555

      Provident 01422 331 166

      Royal sun 0207 588 2345

      Tesco 0845 300 4400

      Swinton 0800 409 6551

      Quinn direct 0800 587 8000

      Endsleigh 0800 028 3571

      if the number are wrong please accept my appologies.

32. QUESTION:
    Who will sell motor insurance to a non US citizen buying a car in the US?
    I want to buy a car in the US and travel across the country for 2 months but am having trouble finding a company that will insure me. Does anyone know of a way I can get insurance to legally drive a car in the US?

    • ANSWER:
      Check with a travel agent in your home country. There are many inusrance companies that will sell you insurance, though you may have to arrange the purchase before you arrive here.

      There are no laws restricting the sale of insurance to only US citizens or residents. If you are in the country legally you can legally buy insurance.

      You might NOT be able to get a "short-term" policy however. Insurance is sold in six-month policies in most states. A few states require one-year policies. You'll have to buy a full-term policy and then cancel it when you sell or ship the car and leave the country. You'll get a refund of the unearned premium when you do this.

33. QUESTION:
    What makes your motor insurance policy void?
    I have recently had an incident with another vehicle where the driver was using their own family car as a delivery vehicle. I thought that you had to have it specified in your policy terms that you would be using your vehicle for work ? Is this the case or am I wrong?

    • ANSWER:
      People use their own vehicles for work frequently. Although coverage does depend on the type of insurance the person has, it happens regardless of policy type.

      The question becomes one of intent: Does the business assume that people will use their cars for work? If so, the business should extend their insurance to cover that car.

      Where it gets iffy is when you are carrying something of great value and it gets destroyed in an accident. Was that object insured by the company or by your driver's insurance, etc.

      In the case of the person using their family car as a delivery vehicle, if this is a regular occurance that the company depends on, then your insurance company will probably be contacting that company.

      But what if you went home first before the delivery? How about if you got something at work, went home and dropped it off somewhere else on the way back into work the next day?

      Don't worry ... the insurance companies will, in the long run, always win.

34. QUESTION:
    How do I transfer motor insurance with usual co. closed today?
    Help! Need to transfer insurance from 1 van to another in the next hour or so but my insurance company is closed today being Good Friday an all. Van in Longford, I'm in Cork and halfway up there in van already and today's only day I can collect it. Any suggestions? Went out to shops today and was stopped by Gardai on 3 different occassions just looking for tax an insurance so don't want to chance it.

    • ANSWER:
      Doing it online would be the quickest way.

      These sites might help:
      http://www.bestquote.ie/aboutus.php
      http://www.eaglestar.ie/ex00.asp?id=dp01
      http://www.axa.ie/carinsurance_index.html

      Good Luck. = )

35. QUESTION:
    How much would it cost me to get motor bike insurance?
    I am thinking of getting a motor bike since the cost of insuring a car is just too high. I'm 18 and male and was wondering roughly how much I could expect to pay for insurance on a 125cc if I do my CBT.

    Oh and I live in the Uk... which will hike the price up a bit

    • ANSWER:
      Hmmm. Almost impossible to say, but I can give you an example for me.

      2005 Harley XL883C, minimum liability level insurance... about per year. Yes, year.
      Same bike with comprehensive and 0 deductible... about 5 per year.
      Same bike, comprehensive and deductible, about 0 per year.

36. QUESTION:
    what is the offence or penalty for giving motor insurance company your wrong age?
    i would like to know what would happen if i insure a car but tell the insurance comany that i am older say i am 20 but tel them i am 30,
    what would happen if i get caught by the police, and is there a way for the insurance company to find out?

    • ANSWER:

37. QUESTION:
    Can i claim from someones motor insurance without involving my own?
    My parked car was hit by a neighbour who admits fault. he has given me all his insurance details and informed his insurers admitting liability. Can i now make a claim directly to his insurance company without having to involve my own?

    • ANSWER:
      Sure, if you want to do all the work yourself.

38. QUESTION:
    Someone I know has driven into my fence, how can I get him to claim for it on his motor insurance?
    It's a fence for which I'm responsible and he's offering to get a relative t fix it. I want it done properly by him making a claim and his insurance company paying for it to be done professionaly. How can I make him do that?

    • ANSWER:
      Not unusual for people to want to pay for repairs, to save the NCB, assuming they have insurance.
      As jed slade says give him the opportunity to make the damage good, on the proviso it`s not a bodged job.

39. QUESTION:
    I work for a motor insurance company, I am thinking of moving to a different section?
    I currently work in the claims team but have the opportunity to either move to supplier liasons and then engineers or to go to fault department and then continue on to liability. Does anybody know which would have the best future?

    • ANSWER:
      Bodily Injury and Property Claims are very lucariative although very stressful. You can also try Marketing Rep which deals with agent issues. If you're tired of claims you can also try getting a producers license and work for an agency which is much less stressful.

40. QUESTION:
    People of Ireland! If there was temporary motor insurance, would you buy it?
    There seems to me, that temporary motor insurance in the Republic doesn't exist!
    Does anyone know a potential reason for this?
    Also is it a product that would interest people here?

    • ANSWER:
      'temporary' or short term motor insurance would be prohibitively expensive for many reasons, the main ones being.

      a) Admin costs. It actually costs quite a bit to set up a policy, send out the documents, check that the premium has been paid etc. Let's say it costs 30 euro (it's usually a fair bit more) if an annual policy costs 240 euro, that's 210 for the insurance and 30 for admin which works out at 20 a month. Now if that policy was just for a month. The simple insurance cost (see below) would be 210/12 or 17.5 but the admin would still be 30 so the premium charged would have to be 47.5 for the month. Getting on for treble the equivalent premium on a an annual basis.

      b) Average rate. Annual insurance policies are based on the average claims cost in any given year. Summer and winter, car in use and car not in use. Obviously winter months see more accidents than summer ones as the driving conditions are worse. So on a short term basis you'd either have to charge more during the winter or (more likely) the 'winter rate' all year round. Also very few people use their car 52 weeks of the year what with holidays etc, annual policies reflect this in their cost. However no-one is going to buy a temporary policy for when they are on holiday, so the risk rate is much higher and the true 1 month risk rate would not be annual/12 but more like annual/11. Using the above example a 1 month policy would now cost 210/11 = 19 + 30 (admin) = 49 per month. At 49 per month you get less than 5 months cover (240/49 = 4.89) for what a 12 month policy would cost.

      As you can see, the math just doesn't really make it worth doing.

      There are a lot of other reasons as well, but hopefully the above gives a taste of the economics.

      Cheers

41. QUESTION:
    What are the requirements to start a motor insurance brokerage and a mortgage brokerage in singapore?
    1.Legal requirements
    2. Capital requirements
    3. Expertise requirements

    • ANSWER:
      Well, it would be helpful if you posted it to the appropriate country's board. You've posted this to the USA board.

42. QUESTION:
    I currently work in motor insurance in a claims team, I want to move onto bigger and better things..?
    I dont know where to go, there are jobs internally in the company. Or I can look elsewhere does anyone have any ideas of what would be a wise move.

    • ANSWER:
      Dear Jasmin, Happy New Year. Get in touch with Dr. Gomatiraman. She is a Mumbai based counsellor who specialises in coaching for distance learning. gomatiraman@knowtherightpath.com / www.knowtherightpath.com / 022-65294874 / 9930018919 / 9224417559.
      If you are looking for flexible part time extra income, you may join ForeverLiving, mail me at vibhag@ymail.com.
      Have you joined http://in.linkedin.com
      Have a fulfilling year

43. QUESTION:
    How long you can be without your own motor insurance policy before you loose all your no claims bonuses?
    My partner has had to scrap his car and he is now a named driver on mine.....dont know how long it can stay this way without him having to take out his own named policy.

    • ANSWER:
      it was 2 years, but personally l'd check with your partners insurance company

44. QUESTION:
    I'm canceling my motor insurance after 1 month: how much money am I entitled to receive back?
    I paid £212 pound, and after one month they are only offering me £60 back! The salesman who rnewed my insurance for this year assured me that,since I was paying the whole amount up front, and not my direct debit, I would get most of the amount back if I cancled early (I told him it was likely that I may need to cancled it after a few months). Is there anything I can do about this?

    • ANSWER:
      Did you pay a full year? Is there a cancellation charge, in addition to the cancellation penalty? Was there a minimum premium on the policy?

      You'd be entitled to a short rate (meaning, you pay an extra month's premium) cancellation credit.

      Calculate the amount due this way - amount paid in, less "earned premium", less short rate cancellation penalty, less cancellation fee. If there's a minimum premium, you subtract the GREATER of the above result, or the minimum premium, from the amount you paid in.

45. QUESTION:
    Does uninsured motor insurance cover damage to a car in North Dakota?
    My car was hit in a parking lot, and the person who hit me cannot be found. I want to know if my uninsured/underinsured coverages covers body damage. I only have liability insurance. Is it worth reporting a claim, will my insurance cover getting my car fixed?

    • ANSWER:
      Who do you have insurance with? Contact your local agent and just say "I was wondering if my car gets hit in a hit and run, if my current insurance would cover that?" If they say yes, it would cover, then tell them "Okay, then I have a claim." If they say "No," Just say, "Okay thanks!" and hang up.

      Edit:

      Foshizel is wrong, in ND all you need is liability coverage. I do not keep collision on one of my vehicles because it's only worth about 0. The liability is to pay for the other guys car if you get in a collision.

46. QUESTION:
    How does an accident that was 100% my fault effect my no claims on my motor insurance?
    i have 70% no claims do i lose all of this in one go?

    • ANSWER:
      It depends entirely on your insurance companies policies and if you have "protected" ncb.

      Some companies will not scrap the full amount of ncb but will knock a percentage off.
      If you have protected NCB then again it differs by company but most allow 1 or 2 accidents in a year or x amount in a 3 year period etc.

      Check with your insurance company as they are the only ones who can answer fully.

47. QUESTION:
    Why is my car on Motor Insurance Database (MID) while I haven't bought insurance yet?
    I've just bought a used car for my son, received the new log book; however, I haven't bought insurance yet, as I intend to keep the car off road at the moment.

    But when I checked my car on the Motor Insurance Database (MID), it recognized my car. Apparently it is ok to drive this car, although I haven't bought insurance for it.

    Do you think this is ok, or will I be stopped by the police driving this car?

    • ANSWER:
      Hi, The MID only shows if they have a record of car insurance on it.
      It may be that it hasn't been updated yet since the previous owner sold it, or the previous owner hasn't bought their new car yet so hasn't transferred the insurance to another vehicle, however, even if the previous owner still has an insurance policy on that vehicle, unless you are covered by their policy (which is very unlikely) you will not be insured.

      If you are stopped and found to be driving without insurance the police will impound you car. you will also be convicted of driving without insurance which can include a large fine and 6 points on your licence (if the driver has passed their test in the last 2 years they will lose their full licence and have to re-take their test).

      Of course even more serious would be if you were involved in an accident, you would not be covered, the other driver would not be able to claim and you could end up being sued plus if someone is injured or God forbid killed, the fact you had no insurance would have an effect on you sentence (yes prison). So all in all I really would advise you not to drive with no insurance. it is just not worth the risk to you or others.

      If you need to move the car or take it for an m.o.t. etc before you are ready to insure it, there are short term policies available on-line (from 24 hours cover upwards). I paid around £20 to insure a car I was buying for 24 hours to drive it home.

      Hope that helps

      Danny

48. QUESTION:
    What is the difference between ‘third party only’ and ‘comprehensive’ motor insurance policy?

    • ANSWER:
      Motor Vehicles Act requires every owner of a motor vehicle, to ensure there is an insurance policy in existence that will compensate third parties i.e. pedestrians, and anyone else who has access to a public place, who may suffer injury or property damage as a result of use of motor car in the public place. An insurance policy that covers this liability of motor owner, is called 'Third party only', meaning party other than motor owner and insurance company. A comprehensive motor insurance policy, in addition to covering liability under third party insurance, also covers any damage to motor vehicle itself as a result of accidental external means.

49. QUESTION:
    Motor insurance, their latest excuse for not dealing with your claim. What can I do?
    My sons insurer is Churchill, the third party (who will not admit liability even though pulled out of private driveway into the road and into my sons car) is Direct Line, both Royal Bank of Scotland companies. They are saying has to go to head office??? for sorting. Should this conflict of interest be allowed, and why should the paying customer be penalised.

    • ANSWER:
      You might find this of interest:

      http://www.fsa.gov.uk/Pages/Doing/Regulated/tcf/index.shtml

      You might also like to look at number 8 here

      http://fsahandbook.info/FSA/html/handbook/PRIN/2/1

50. QUESTION:
    would an motor insurance company cover your engine braking?
    my engine was making a lot of tapping noise and then went bang now its broken im with equity red star and i wanted to know if they cover this sort of thing. i have fully comp insurance.

    • ANSWER: