8 C
New York
Sunday, November 27, 2022

Why would I want to insure my impounded car for just a short time?

Has your car been impounded by the police? It should be insured before you can release it from the police pound. Short-term impounded car insurance may be the cheapest way of getting insurance that the police will accept.

Why would you want to insure your impounded car for a short time?

The reason why so many vehicles are not insured is that the registered owners just cannot afford the very high cost of insurance specifically young drivers who can face an insurance premium of thousands of pounds a year. If the vehicle impounded, it has to be released within 7 working days of the date it was impounded and taken away by the 14th day after impounded, otherwise, it will be scrapped or thrown away.

A temporary impounded car insurance policy could assist you to get your vehicle released so that you could SORN it, sell it or save up for an annual insurance policy. The minimum length of this insurance policy that the police will accept is 30 days.

Many people find it the cheapest way. However, there are other options

The cheapest way to insure a car is to get it out of the police pound

The selection is generally between purchasing a standard annual policy if you look to keep the car, or getting a short-term policy, then either selling the car or making a SORN (statutory OFF Road Notification) declaration so you can lay it up until your pocket improve.

This is also one more possibility. You can sell the car to someone else with a good driving record who could then maybe get a cheaper policy than you could. You might lose the car but at the minimum, you would get something back for it instead of watching it be scrapped or sold at auction by the police. All these ways have both positives and negatives.

Purchasing a standard insurance policy

Most people whose vehicles have been impounded. As a result of the driver being not insured did not insure them as the insurance premiums were simply more. Than they could afford. Most of these drivers will now have to pay even more for their insurance policies as they will be facing a charge of driving without insurance. Or they will have accepted a penalty from the police.

You could still use your best price comparison site to shop for the cheapest impounded car insurance quotes. But, you would have to tell the insurance company. If you have been given a fixed penalty for driving without insurance or are facing a pound appearance to answer that charge. Being unable to do so would constitute fraud which is a criminal matter. In addition to it, it is highly likely that if you present a standard policy at the police pound. The pound staff will check up with the insurance company will check up with insurance company to ensure. That you have declared the condition accurately.

Purchasing short-term car insurance

1 to 28 days car insurance policies almost necessarily exclude using them to release. It out of police pound but it makes no difference; the police will not accept them for that purpose anyway. The least the police will accept are standard insurance policies which run for at least 30 days. Fortunately, there are insurance providers who provide these policies and who are prepared to accept applicants with driving convictions.

In the end, you will need to look at the cost of getting impounded car out of the police pound and compare that to its value. Which option you take depends upon your financial condition and what you intend to do with the car. Once it is out of the police pound.

Related Articles

Stay Connected

0FansLike
3,583FollowersFollow
0SubscribersSubscribe

Latest Articles