Insurance time again

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BenC5HDi
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Re: Insurance time again

Post by BenC5HDi »

daviemck2006 wrote:The broker told me all I had to do was txt when I put one on and txt when it goes off. I'm always worried now with all the camera cars that I get booked for driving uninsured. But with road tax now as soon as I buy something it has no tax. There's no hiding places now!
Which broker Davie, this sounds interesting...

elma
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Re: Insurance time again

Post by elma »

xantiamanic wrote:Traders policy? Explain that to me please. I have 4 xantias, 2 currently insured, 1 on the mend and 1 virtually dexeased. Assuming i get, lets say 3 up and running would i be bettet off on one of these?

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No, traders policies are only valid for trade business use.
Coppers are wise to it and will check the terms of the policy if they stop you on a personal journey.
Playing with fire if you ask me.

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daviemck2006
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Re: RE: Re: Insurance time again

Post by daviemck2006 »

BenC5HDi wrote:
daviemck2006 wrote:The broker told me all I had to do was txt when I put one on and txt when it goes off. I'm always worried now with all the camera cars that I get booked for driving uninsured. But with road tax now as soon as I buy something it has no tax. There's no hiding places now!
Which broker Davie, this sounds interesting...
I'm nae telling you cos you called me a porridge wog [emoji12] [emoji23]

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Hell Razor5543
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Re: RE: Re: Insurance time again

Post by Hell Razor5543 »

daviemck2006 wrote:
BenC5HDi wrote:
daviemck2006 wrote:The broker told me all I had to do was txt when I put one on and txt when it goes off. I'm always worried now with all the camera cars that I get booked for driving uninsured. But with road tax now as soon as I buy something it has no tax. There's no hiding places now!
Which broker Davie, this sounds interesting...
I'm nae telling you cos you called me a porridge wog [emoji12] [emoji23]

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It could have been a LOT worse1

Gibbo2286
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Re: Insurance time again

Post by Gibbo2286 »

elma wrote:
xantiamanic wrote:Traders policy? Explain that to me please. I have 4 xantias, 2 currently insured, 1 on the mend and 1 virtually dexeased. Assuming i get, lets say 3 up and running would i be bettet off on one of these?

Sent from my LG-D855 using Tapatalk
No, traders policies are only valid for trade business use.
Coppers are wise to it and will check the terms of the policy if they stop you on a personal journey.
Playing with fire if you ask me.

Sent from my Amiga 500 using Tapatalk
That's not correct elma, you can have social domestic and pleasure included on a trade policy but as I said you do get involved with the MIB bureaucracy.

There is one other downside, no claims discounts earned on trade policies are not accepted on private car policies if in the future you want to return to private.

Peter.N.
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Re: Insurance time again

Post by Peter.N. »

I don't know what's suddenly happened to the insurance industry, about a week ago I was getting quotes from the comparison sites for around £180 for my 406, this week they have all gone up to around £220 - 240 but I got a quote from Direct Line for £200. :? :shock: :(

Peter

elma
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Re: Insurance time again

Post by elma »

Gibbo2286 wrote:
That's not correct elma, you can have social domestic and pleasure included on a trade policy but as I said you do get involved with the MIB bureaucracy.

There is one other downside, no claims discounts earned on trade policies are not accepted on private car policies if in the future you want to return to private.
Is that not just for a single vehicle? If it's for multiples then it would be handy.

Gibbo2286
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Re: Insurance time again

Post by Gibbo2286 »

elma wrote:
Gibbo2286 wrote:
That's not correct elma, you can have social domestic and pleasure included on a trade policy but as I said you do get involved with the MIB bureaucracy.

There is one other downside, no claims discounts earned on trade policies are not accepted on private car policies if in the future you want to return to private.
Is that not just for a single vehicle? If it's for multiples then it would be handy.
After I sold the garage business I continued trading from home and at the auctions, usually with three or four vehicles at a time.
During that time, from 1988 until just a couple of years ago I shopped around regularly for the best deal, I also had trade plates which were covered by the policy (Not for SDP of course).

As a sole driver all my motoring needs were always covered, towards the end though the premiums were getting much higher and I was trading much less so I opted for a private car policy which is when I came across the problem of no claims not being accepted and despite having forty + years without claim they wanted me to start again as though I was a seventeen year old new driver.

In the end I was able to persuade LV to accept my discounts and since then there's been no problem.

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qprdude
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Re: Insurance time again

Post by qprdude »

So basically, you were still a trader? Not sure that I would be comfortable having a traders policy just because I went through a half dozen "personal" car a year. With the well known insurance companies penchant for sliding out of a claim payment, I'd hate to have them do some sort of check and find that I wasn't really a trader at all.

Gibbo2286
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Re: Insurance time again

Post by Gibbo2286 »

I was thinking back to when I first started trading, from home, back in 1955, it was so easy then, my first policy simply said "Any vehicle in the custody or control of the insured.", No mention of restrictions, no mention of trade or private, third party fire and theft for £7-9-6. :) That's seven pounds nine shillings and sixpence for those not of that age :)

Gibbo2286
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Re: Insurance time again

Post by Gibbo2286 »

qprdude wrote:So basically, you were still a trader? Not sure that I would be comfortable having a traders policy just because I went through a half dozen "personal" car a year. With the well known insurance companies penchant for sliding out of a claim payment, I'd hate to have them do some sort of check and find that I wasn't really a trader at all.
I think they're much more likely to hit the guy doing the opposite i.e. trading on a private car policy for which there is a clear "Does not cover for any purpose in connection with the motor trade." exclusion written on the certificate.

elma
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Re: Insurance time again

Post by elma »

I wouldn't be massively worried about that. It's the police charging you with driving without insurance that's the concern. A trade policy that allows more than one car for personal use would be great. Whenever I've researched this I can only find a trade policy for trading and a multi car policy for personal motoring.

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daviemck2006
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Re: Insurance time again

Post by daviemck2006 »

Your own car is always for sale though. You just can't get anyone to buy it [SMILING FACE WITH SMILING EYES]

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qprdude
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Re: Insurance time again

Post by qprdude »

You back working at Dyce Davie?

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myglaren
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Re: Insurance time again

Post by myglaren »

Mine is up for renewal too. Usual palaver.
Cheapest was the one Confused emailed me about (and reminded me it was renewal time).
Out of a sense of obligation I did some trawling. Some of the quotes were astronomical.
Adrian Flux is phone only by the looks of things.
Admiral couldn't quote on the C5 :?:
1st Direct (I think) just got stuck in a loop when I added my son as second driver.
All had largely unanswerable questions.

I always mean to make a note of the good experiences other members have quoted, along with those on autoshite.
Invariably forget :(
I think I will stick with confused, describes me well.

As King Crimson said!