Managing insurance when selling car privately

mel.b

I have just purchased my new car and will be collecting it on Saturday. I have organised for my insurance to be transferred over, however I'm wondering what / how to manage the insurance then on my old car that I will be selling privately (it'll be listed on the bangernomics thread next week :pac:)

Talking to the insurance company they have said the options are:
- The test driver is having their own insurance policy, with driving other people’s cars, using their cover on your “uninsured” vehicle

- You could add Open Driving to your policy (without additional premium), allowing test drivers from 30-70 years of age with a full and clean license to test drive your car. You must revert the temporary substitution to the old car every time.

- You could call us, revert the temporary substitution to the old car every time AND provide us with the full details of the test drivers (temporary additional drivers-you have 30 free days).

Which option do people normally take?

IrishGrimReaper

Let the guy buying it use his own insurance. You just focus on your new car

mel.b

Thanks. Is the insurance attached to the person or the car? Say if the worst happened and they crashed the car or someone else crashed into it while they were test driving it, it wouldn't matter that I didn't have insurance on it if they are using their own insurance with the 'drive other cars' part of their policy?

bazz26

The driving of other cars extension normally only gives you third party cover when driving other cars. In other words it only covers the car/person you crash into, not the car you're driving.

IrishGrimReaper

It's a bit of both, I have a fully comp policy on my own car with liberty insurance. They will cover me for 3rd party in any car, as long as I have permission from the car owner to drive it. I'd say most insurers offer similar, you'll need to check that the person is covered on their policy to drive your car.

It's worth checking that if his policy will only cover him in another vehicle that the registered owner has an active policy on. In your situation, you don't. I think I seen that requirement on an insurer when I was getting quotes for mine but I can't remember who it was.

FishOnABike

Make sure they are covered for any damage to your car if they are driving it on their policy.

Depending on their policy they might only have third party cover when driving your car. If you are allowing someone to drive your car on their policy check the small print in their policy carefully. If they were at fault in an accident while driving your car they may be covered but any damage to your car might not.

Check if they have comprehensive cover for driving other cars, if other cars they drive under their policy need to be insured in their own right, if there is an excess and if so how much and if there are are any conditions or exclusions that might affect the level of cover afforded to your car under their policy.

mel.b

Just following up on this thread as I've listed my car for sale now.

Do people really ask to check insurance papers when someone is taking their car for a test drive? Just wondering if this is standard or if a buyer would be insulted i asked!

Might be easier to just get the additional driver added to mine and to transfer the new insurance back over temporarily if someone wants to take mine for a test drive.

CiniO

mel.b wrote: »

Do people really ask to check insurance papers when someone is taking their car for a test drive? Just wondering if this is standard or if a buyer would be insulted i asked!

I've probably test driven more than 100 cars (mostly private sales) over last 10 years, and not a single owner asked me for a proof of insurance.

ironclaw

mel.b wrote: »

Do people really ask to check insurance papers when someone is taking their car for a test drive? Just wondering if this is standard or if a buyer would be insulted i asked!.

I wouldn't be insulted if someone asked and I've always asked before letting someone out in the car. Ultimately, most people are oblivious that they are liable for their own car should anything go wrong unless the other person is fully comp.

If you are worried, a simple 'sign here that you break it you bought it / you're insured to drive it' Probably has zero stance legally but it would weed out the chancers. If someone is offended or otherwise put out by the fact you are wanting to cover your own wallet, I'd just politely move on to another buyer.

I've had other cars that are without tax, same thing, if it gets lifted when you're driving it, you're buying it. Simple as.