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
29/11/2022 Fiat 500 Hatch 3Dr 1.0 MHEV 70 StopStart EU6 6Spd - Save 14.9% - £2,461 off list price - £14,029
29/11/2022 Audi Q4 e-tron 40 Sportback 5Dr 0.0Electric 82kWh 204 S line Auto - Save 4.9% - £2,641 off list price - £50,889
29/11/2022 Citroen C5 Aircross SUV 1.6 PHEV 13.2kWh 225 C-Series Edition e-EAT Auto8 - Save 8.1% - £3,100 off list price - £35,175
29/11/2022 Ford Puma SUV 1.5T EcoBoost 200 ST 6Spd - Save 10% - £3,112 off list price - £27,933
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.
