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Are you allowed not to insure your car?

53 replies

garlictwist · 15/06/2023 05:31

My car insurance is up for renewal and I just don't have the money.

Due to an injury I am not driving at the moment. Is it ok to let the insurance lapse and then reinsure when I can afford it? (It goes without saying I would not drive it whilst uninsured).

It's fully taxed for the year and would just be parked on the street outside my house (no driveway). I guess the issue would be if someone broke in or stole it.

OP posts:
Shade17 · 15/06/2023 16:45

Mochudubh · 15/06/2023 16:34

I have another Cautionary Tale about We Buy Any Car which I don't have time to tell now. Just Don't. They are rip-off b*, who will not give you anything like the online "quote" and if your car is older, as it sounds yours is, you could get less than your monthly insurance premium for it.

Nothing wrong with WBAC, they’re not forcing you to sell it. If you don’t like the final price they offer then drive it away. I’ve used them in the past and been more than happy.

GrumpyPanda · 15/06/2023 17:10

Independently of where you stash the car, I'm afraid this is simply not worth it. Did similar myself once during a year's stint abroad, and the added costs just of replacing brake pads that had gone rusty due to idleness far surpassed whatever I saved on insurance.

Susuwatariandkodama · 15/06/2023 17:16

@garlictwist Have you looked at gocompare or compare the market? If nothing is cheaper than your current renewal price then it’s worth ringing your insurance, they may have discounts they can apply. I was able to save £100 on my insurance by ringing them so £10 less a month.

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