bortaf
Posted a lot
Posts: 4,549
|
|
Feb 27, 2014 19:49:28 GMT
|
Another screwball is if you have "trade " insurance then you are only covered for the trade value of the vehicle unless you inform insurer otherwise. So whilst a car might be worth, say, £5000 on a forecourt if it's nicked then insurer will only pay out trade value - say £3500. Someone I know asked me to collect a car belonging to their wife on a trailer. Turned out wife had a new car so husband decided to sell the old car, a Mazda 6, on his own sales plot - corner of a petrol station. The forecourt price was something like £7000. Idiot took a bend too fast and ended up hitting the cars that were for sale. The Mazda was considered a write off. The other parties insurer only paid out the trade value and chap tried to argue that the Mazda was his wifes and not trade stock so worth a lot more than the amount they were offering. He didn't win and had to accept less than half the amount it was previously on the forecourt. Paul h My trade policy has an SDP section for my own cars (inc my wifes cars and she's on that part of the policy) so that covers that (i hope!), any other car in my posetion HAS to be listed on the insurance data base after 14 days, i've been pulled in the past for no insurance and i allways quote that when the copper tells me it's not on the database and they are going to impound it, even had one impounded and got it back free of charge the next day and the copper that pulled me got a talking to by the impound yard duty sargent for basicly not knowing his job  |
| |
R.I.P photobucket
|
|
|
|
|
|
|
Feb 27, 2014 19:59:15 GMT
|
|
My covers for SDP as well, I had it specifically for that very reason, NOT just trade use. But like everything, you have to check, I know myself if for example my Delorean got written off, I would not get its full value, but that's my choice, you just weigh up the risk.
I insured it separately a few years ago, but then I looked & thought, I'm doing probably 1500 miles a year in the thing, f@@k it, I'll cover it with all other stuff
|
| |
|
|
|
|
|
Feb 27, 2014 20:09:58 GMT
|
|
Jules, with the DMC does the mileage alter if you go back in time and would that be clocking or is it allowed?
|
| |
|
|
|
|
|
Feb 27, 2014 21:11:34 GMT
|
Dunno not had a speedo cable in it for about 4 yrs, so mileage not changed  |
| |
|
|
|
|
|
|
|
|
Some interesting points on here.
Firstly to the op get it off the road or get it insured as it will be towed away/destroyed.
From my own personal experience.
I got caught out early on with the whole "continuous insurance" debacle, I was trade insurance and for some reason it slipped the net and I had a letter from the DVLA. Unfortunately I worked away at the time and had just gone on holiday so it went beyond the sorn/re tax date.
I went and taxed it the day I got back, thought nothing more of it then recieved a fine, then summons then a double fine etc. I went to court to thrash it out and won as I argued successfully that the car WAS insured just not on the MID database.
HOWEVER.
I consider myself lucky with that as theoretically I should have checked all my cars were on the database or sorned.
Also fell foul of someone trying to tow my car away one day claiming it was uninsured again an issue of MID records being updated incorrectly.
Car was taxed, mot'ed insured etc to the point of being taxed that week but the copper actually phoned recovery before "chapping on doors" which will never happen in a million years, their attitude is tow first, ask questions later.
On neither of these occasions was there any question of points being put on my licence but I see no reason why that can't happen. After all if my handbrake fails etc and the car runs away killing a child then as the owner of that car I am liable. If some scroat sets it alight and the fire burns down £500000's worth of property again I don't fancy being liable for that.
While its unlikely you will be done for 6 points for parking a car in the street with no insurance, it's not impossible or is it the right thing to do.
As for trade insurance they all seem to be asking for proof of trading now, I had major hassles with mine after 10 years with the same firm and decided not too bother this year but it's increasingly looking like I'll have to go back to it this year as its a major hassle without it.
Will most likely be basic cover to £5000 for myself only and the mrs insured separately on her main car as a part time trader no premises.
I feel no matter what I'll get stung again on it!!!
|
| |
|
|
|
|
|
|
|
|
The part time trader - no premises policies are either being made too expensive, too restrictive or being withdrawn by the insurers. My broker - so it could be sales Bullplop - told me the police are putting pressure on the insurance companies to restrict trade policies to bona fide traders, being fed up with everybody and his granny down the council estate being insured on one trade policy.
Years ago, I had a policy that covered any car in my care, custody or control and any driver with my permission. I believe you can't get that now on any new policy - again because of police/authorities pressure.
|
| |
|
|
|
|
|
Feb 28, 2014 13:04:21 GMT
|
Years ago, I had a policy that covered any car in my care, custody or control and any driver with my permission. I believe you can't get that now on any new policy - again because of police/authorities pressure. The original one my father had covered just about the same as yours, so at 17 I could drive anything as long as worked for him part time on the books, it also had loads of extras as standard on that gradually got withdrawn year on year, the main one I can remember (that got used) was cover to be able to run a private hire/ minibus service for airport/ seaside/ fishing trip runs. The only paying out trade value has been in place for a long long time, and can be very very unfair and you (as a trader) can end up well up of pocket if a customers car gets damaged by a 3rd party - actual example in the late/ mid 80's while going for an MOT drunken curse word in a transit coming other way passes out behind the wheel and drives straight into oncoming traffic (us). Customers car is now about 3 feet shorter at the back (person behind didn't expect it either) and 2 foot at the front. Had to get solictor to take up a claim (no win no fee and whiplash claims didn't happen at that point) against other driver and their insurer to make up the difference between the trade value of the customers car which was paid out and what it actually cost to walk onto a lot that week and buy them another, even at mates rates. That took the best part of 2 years to sort out.... |
| |
|
|
|
|
|
Feb 28, 2014 22:14:28 GMT
|
I got caught out early on with the whole "continuous insurance" debacle, I was trade insurance and for some reason it slipped the net and I had a letter from the DVLA. Unfortunately I worked away at the time and had just gone on holiday so it went beyond the sorn/re tax date. I went and taxed it the day I got back, thought nothing more of it then recieved a fine, then summons then a double fine etc. I went to court to thrash it out and won as I argued successfully that the car WAS insured just not on the MID database. HOWEVER. I though the DVLA fine for the continuous insurance offence was £80? |
| |
|
|
|
|
|
Feb 28, 2014 23:36:44 GMT
|
The part time trader - no premises policies are either being made too expensive, too restrictive or being withdrawn by the insurers. My broker - so it could be sales Bullplop - told me the police are putting pressure on the insurance companies to restrict trade policies to bona fide traders, being fed up with everybody and his granny down the council estate being insured on one trade policy. Years ago, I had a policy that covered any car in my care, custody or control and any driver with my permission. I believe you can't get that now on any new policy - again because of police/authorities pressure. I think your right as regards part time traders policies, I won't go into it here as it was a long winded tale but yes I had major hassles getting mine renewed last year and ended up losing a LOT of money over it. You can still get any car any driver but it is getting harder. Ironically I maybe arranging such a deal through a mate this year as regards that but its complex and will require setting up my own limited company/sole trader and then only using cars for "business purposes" . However that is very broad and will suit me fine as it's generally only going to involve buying a car from one part of the country and moving it to another legally. |
| |
|
|
|
|
|
Feb 28, 2014 23:45:23 GMT
|
I got caught out early on with the whole "continuous insurance" debacle, I was trade insurance and for some reason it slipped the net and I had a letter from the DVLA. Unfortunately I worked away at the time and had just gone on holiday so it went beyond the sorn/re tax date. I went and taxed it the day I got back, thought nothing more of it then recieved a fine, then summons then a double fine etc. I went to court to thrash it out and won as I argued successfully that the car WAS insured just not on the MID database. HOWEVER. I though the DVLA fine for the continuous insurance offence was £80? Yeah initial fine was £80 unless mitigating circumstances could be shown. I sent a letter in along with a copy of the trade insurance, copy of tax disc and evidence I was out of the country at that time. I heard no more for a good 4 months then suddenly a summons arrived stating I owed £160 plus costs so around £200. Still working away I did it all by phone and was told I had nothing to worry about, they would adjourn the case. I then got sent another fine saying the case had been heard in my absence and I owed £450 all together. I ended up physically going into court with the evidence and a lovely lady behind the counter agreed there was no case to answer but said she would adjourn and that I must turn up to swear on the bible that what I said was true. I did and upon entering the courtroom was told the case was dismissed as they were satisfied the car was insured at the time. This ended up going on for nearly 18 months as it was when I went in holiday in feb 2012 but only got quashed in summer 2013. I have to say I was determined not to pay anymore than the original fine if the worst came to it but thankfully they realised the error and moved on. |
| |
|
|
|
|
|
|
|
|
|
|
You can get plate driver policies if its just for moving stuff about. You need trade plates and that's it. But again, you are only covered whilst using the trade plates. These policies are designed for plate drivers moving cars for the trade.
|
| |
|
|
|
|
|
|
|
|
That seems a lot of hassle for the DVLA to get back £80 and that's not the normal small claims procedure as far as I know (I have been involved in several small claims with the DVLA, VOSA and police), also the courts should not tell you that you would have to appear and swear on the bible as they can not legally make you swear on the bible not should the court staff tell you there was no case to answer as they are not allowed to give advice like that, if you appeared in court and stated 'the lady behind the desk said I have no case to answer' she would be looking for a new job.
|
| |
|
|
|
|
|
|
|
You can get plate driver policies if its just for moving stuff about. You need trade plates and that's it. But again, you are only covered whilst using the trade plates. These policies are designed for plate drivers moving cars for the trade. Don't trade plates only cover for car tax and not no MOT and can only be used for vehicle movement from garage to garage you can't leave a car on trade plates on the roadside or go shopping/ collecting the kids from school etc How much are trade plates now, they used to be the same a one years tax but I guess that's no longer the case with cars car bands varying so much? (Not owned trade plates since late 1990's) |
| |
|
|
|
|
|
|
|
|
Pretty much.
It covers car tax only. Not allowed to be parked on trade plates on the street.
I don't know how much they are. We don't use them. Too much hassle. You're right, though, they used to be one year's tax plus an admin fee.
|
| |
|
|
compass
Posted a lot
www.compasstrading.co.uk
Posts: 1,644
|
|
|
|
You can get plate driver policies if its just for moving stuff about. You need trade plates and that's it. But again, you are only covered whilst using the trade plates. These policies are designed for plate drivers moving cars for the trade. Don't trade plates only cover for car tax and not no MOT and can only be used for vehicle movement from garage to garage you can't leave a car on trade plates on the roadside or go shopping/ collecting the kids from school etc How much are trade plates now, they used to be the same a one years tax but I guess that's no longer the case with cars car bands varying so much? (Not owned trade plates since late 1990's) Trade plates cost £90.75 for 6 months now, or the equivalent for 12 months. VOSA are on top of plated cars now too, and will really clamp down on anyone not using correctly. |
| |
|
|
|
|
|
|
|
Hi guys, I am in the process of selling my car and I want to leave it in front of my house to advertise it. The car has tax and mot but it is not insured. It will be infront of my house but on a grass verge next to the road out of the way. Is this ok to be parked there or will I get in trouble for having it there? Cheers Tom In some of the villages round here, you'd get a £60 fine just for parking on the verge ...... |
| |
|
|
|
|
|
|
|
|
Cheers Compass, I knew there was a crack down on them which was actioned the same time as the 3.5 tonne/ trailer combo/ Tacho crackdown but just didn't know about the costs as I never get involved in that side of it all.
|
| |
|
|
