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Short term car insurance

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  • 25-04-2018 9:22am
    #1
    Registered Users Posts: 1,946 ✭✭✭


    Myself and my wife have had a car each for the last few years. Separate insurance policies on each car. Circumstances have changed that don't require us to have the two, so I was planning to get rid of mine.

    Here's the thing. My insurance lapses in about 2 weeks, but I will need the car until the middle of June, but after that the car will be redundant. It's not something that occurred to me, but what can I do cover myself for a short period of time on this car?

    Thanks


Comments

  • Registered Users Posts: 1,167 ✭✭✭B-D-P--


    From what i know, You can cancel your policy half way through the year and get a refund for whats left.
    There'll be a small admin fee but at least its an option.


  • Registered Users Posts: 25,361 ✭✭✭✭coylemj


    You can renew your policy in two weeks and then cancel it in June. The penalty for doing so in the first year of a policy is pretty severe so do not move to a new insurer when renewing in two weeks time. For a policy that's in it's second or subsequent year, most of them will pay you a pro rata refund less an admin. fee. The cancellation date will be when you send back the cert and disc.


  • Registered Users Posts: 2,752 ✭✭✭9935452


    Hiring a car for the two weeks might be an option too


  • Registered Users Posts: 1,946 ✭✭✭Banjaxed82


    Just to update, I go through a broker (whether that differs from someone in a similar scenario) and they've told me there's no issue cancelling my insurance. I'll be refunded the remaining "amount" that remains on the policy.

    I was told that my no claims bonus will remain in tact for 2 years, but if I allow this period to lapse without getting a new policy, then I lose no claims and any new insurance quote will be just based on driving experience.


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