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
17/05/2022 Nissan Juke 1.0 DIG-T 114 Tekna DCT Auto7 - Save 13.6% - £3,596 off list price - £22,774
17/05/2022 Ford Kuga 2WD 2.5h Duratec 190 ST-Line X Edition CVT Auto - Save 15.7% - £5,802 off list price - £31,243
17/05/2022 Skoda Octavia Estate 1.5TSI ACT 150 SE L 6Spd - Save 10.9% - £3,120 off list price - £25,435
17/05/2022 MINI Countryman Cooper 1.5 136 Exclusive Premium Step Auto7 - Save 8% - £2,560 off list price - £29,455
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.
