Hey people, as the title says really. I crashed my car (compeletly my fault) and insurance is going to pay out for the other car. Ive filled out the forms etc but was wondering when I can sell my crashed car???? Do I have to wait for the insurance company to give it a classification like %26quot;Cat C, Cat D etc%26quot; or can I go right ahead and sell it.
Any help would be greatly apprechiated.
Also Ive got 1 month left till my insurance runs out, Im going to buy another car this week and was wondering if I can get the insurance transfered over??? Or will they look to cancel my insurance because Ive crashed?
Car Crashed, 3rd party fire and theft. When can I sell it????
depends what car it is.
You can sell it to a scap yard , or if you have the time and energy strip it and sell the spares . You will probably be suprised how much you get back.
Car Crashed, 3rd party fire and theft. When can I sell it????
ebay or scrap yard or you can swap it for summit at this web site : www.swapz.co.uk
Reply:The car is yours.
You can do what you want with it. The vehicle will not be listed as a cat a,b,c,d, because you have not made a claim on the damage to your car only the one you hit.
Vehicles are only listed as a right off when an insurance company have paid out on them. As your insurance have not paid out on your car they have no interest in the vehicle.
Your insurance can be transferred onto your new car but you may find that they charge a considerable amount for this. Your insurance company now view you as a high risk and will want to get some money back off you, this time round or on your next policy.
Also if you are paying for your insurance in instalments don%26#039;t stop paying. If you do your insurance will be cancelled and they will take you to court for the rest of the money. They will do this because you have made a claim and they want all the money now. If you stop paying half way through a policy normally they would just cancel it. You could find, a few weeks down the road, that your new car is being taken off you by a traffic officer under sec165 road traffic act for no insurance.
Hope this helps.
Reply:learn to understand some basic knowledge of your confused field before accepting any suggestion is a great idea.Here is great place to get start.http://car-insurance.online-helpers.info...
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