Insurance Advice Please

[crazyfool321]

Chirs, could you help me out in a hypothetical situation.

If didnt want to re insure my car on the renawal date due to costs being too high/ lack of money, and it needed its MOT, however it was not declared of the road and it was kept on private land.

what are the implications of this?

Cheers

[Tony@Greenlight]

Hi Crazyfool321,

You do not have to reinsure your vehicle at renewal date, but with the new Continuous Insurance Enforcement law that came into force this year you would now have to declare the vehicle on sorn.

It would have to be kept off road, as all vehicles kept upon a public highway are required to have at least third party cover.

The official line (copied from MIB website to assist you) is as follows:

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As part of Continuous Insurance Enforcement (CIE), it is now a legal requirement for registered vehicle keepers to insure their vehicle(s) at all times.

You don’t have to be driving to be caught. It is now a legal offence to keep a vehicle without insurance unless you have notified the DVLA that your vehicle is being kept off the road and have a valid Statutory Off Road Notification (SORN).

Under the new system, MIB and the DVLA will work in partnership to identify uninsured vehicles by comparing DVLA vehicle records against those held on the Motor Insurance Database (MID).

The registered keeper will be sent an Insurance Advisory Letter (IAL) telling them that their vehicle appears to be uninsured and warning them that they will be fined unless they take action. If the keeper fails to comply with the advice set out in the letter they will face:
• a fixed penalty notice of £100
• their vehicle being clamped, seized and disposed of
• a court prosecution with a maximum fine of £1,000

These new measures are in addition to the powers the police already have to seize an uninsured vehicle and fine the driver.

For more information on CIE please visit Stay insured: new penalties for vehicles without motor insurance : Directgov - Motoring

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Another thing to bear in mind is that Insurers do often allow renewal concessions and to qualify for most preferentially rated schemes you do need to have recent performance car driving experience, which can be affected by the length of time since you last drove a performance car.

So you may be better off enquiring with your Insurance provider about limited mileage policy options at a reduced cost, then looking into the viability of paying by instalments to spread the burden.

Kind regards

Tony

Originally Posted by crazyfool321

Chirs, could you help me out in a hypothetical situation.

If didnt want to re insure my car on the renawal date due to costs being too high/ lack of money, and it needed its MOT, however it was not declared of the road and it was kept on private land.

what are the implications of this?

Cheers