The UK was one of the most competitive markets for the auto industry in 2019, making it ideal for companies to launch new v read more
Selling your car - insurance
17/09/2020 Ford Fiesta Hatch 5Dr 1.0T EcoBoost MHEV 155 Titanium X 6Spd - Save 18.6% - £4,039 off list price - £17,716
17/09/2020 Audi A4 40 Avant quattro 5Dr 2.0TDI 204 S line STron Auto7 - Save 25.4% - £10,554 off list price - £31,005
17/09/2020 BMW X1 xDrive20i M Sport Plus Auto8 - Save 15.8% - £6,369 off list price - £33,891
17/09/2020 Mercedes-Benz V300d Long Exclusive 6Seat 9G-T+ Auto - Save 12.2% - £11,498 off list price - £82,862
When you sell a car you must notify your insurer that you no longer own the vehicle.
Your insurer may charge you a cancellation fee or amendment fee if you are transferring your policy to another vehicle.
The insurer will usually pay a refund based on remaining days of the policy that have been paid for up front. However the calculation will depend on the insurer.
If you cancel a policy mid-term, you may not accrue any no-claims bonus for that year.
If you are planning to transfer your insurance to another vehicle, it is worth getting quotes from other insurers to allow you to compare the competitiveness of their quote for the new vehicle and potentially negotiate a lower rate.
Most insurers are able to make some discount on the initial quote if you can evidence a cheaper comparable quote.
