Insuring a previously cat c

kay 9

Is there any insurance loading or excess charges on insuring a previously written off vehicle?
Vehicle in question is currently tested etc.
It's a UK import if that makes any difference.
Thanks.

Andrewf20

I think they may get concerned alright. Best bet is to ring around. You will probably find they differ from each other in their stance on this.

Mintoe

kay 9 wrote: »

Is there any insurance loading or excess charges on insuring a previously written off vehicle?
Vehicle in question is currently tested etc.
It's a UK import if that makes any difference.
Thanks.

Some will insure some won’t and others will once you’ve got an engineers report which costs about €200..... I’d recommend www.carinspectionsireland.ie as they’re highly reputable and respected within insurance industry

actuar90

It's not a question on most insurers proposal forms

Henry Ford III

Not sure that matters tbh. If it's a material fact (I'd imagine it is) it must be disclosed.

Mintoe

actuar90 wrote: »

It's not a question on most insurers proposal forms

When you give them the reg they do their own checks, it’s rarely a question of declaring it or not

actuar90

There are no such thing as voluntary disclosures for insurance. If they don't ask for it/come up in their reg checks then it isn't information they use in pricing the policy.

I know from experience that many insurers either don't care about cat d/c or don't do checks for that.

I know I've gotten quotes from Aviva, aig and first Ireland for a cat d car, no problems whatsoever

Henry Ford III

actuar90 wrote:

There are no such thing as voluntary disclosures for insurance.....

That isn't correct at all.

There is infact an obligation for the proposer to disclose any material fact that might affect the underwriting of the risk.

It doesn't matter if the insurers specifically ask for something or not.

It's called the uberrima fides principle.