Coz I really cant be assed with it haha cant I just take out a policy when I crash?
2007-11-19 01:35:23 · 12 answers · asked by Anonymous in Business & Finance ➔ Insurance
If that was the case im sure we would all be doing it! Car insurance is a pain I know.. Mines is €1330 a year :( i can think of many better things to spend it on lol
2007-11-19 01:42:55 · answer #1 · answered by Still.Loving.You 4 · 0⤊ 0⤋
Any type of insurance is based on utmost good faith. If you do not take out the insurance and run the car on roads you are breaching the law. If you do not wish to bothter to take the insurance then keep the car in your garage or on your drive way. To minimise the cost of cover you could choose the THIRD PARTY only cover.
As explained the utmost good faith means that in the event of a crash you are cheating the insurers, and if that is found out they would not pay you any penny, and also keep the whole of premium with them. If you try to obtain the refund, it will not be possible. I am saying this because before I retired I was an independent insurance adviser. I hope I have explained your problem.
2007-11-19 02:00:05 · answer #2 · answered by M T 1 · 1⤊ 0⤋
You can try & get all the dicounts like Defensive Driving, Having an Alarm, Driving Safely & many other things to get your insurance down but thats about it. It is mandatory that you have insurance & there is no way you can get out of it, you just have to deal with it. You can't just take out a policy if you have a crash because they will run your drivers license number then & it you dont have insurance then the accident is automatically your fault & you will be in big trouble. Anyways I hope this helps! Good Luck :)
2007-11-19 04:32:48 · answer #3 · answered by She is Beautiful! 6 · 1⤊ 0⤋
No, you can't take out a policy to cover you after you crash, any more than you can bet on a game with a bookie, after it's over.
Many states, however, will let you post a cash bond instead of buying car insurance. Usually it has to be at least $35,000. AND, it won't satisfy the lender's requirements, if you have a loan on a car.
2007-11-19 02:09:20 · answer #4 · answered by Anonymous 7 · 0⤊ 0⤋
The only loophole is that if you have £500,000 to spare you can put it on deposit as a security and then you don't need insurance.
It is a criminal offence to backdate third-party cover in the UK - so no-one is going to protect you if you have an accident. Do you really want to be made bankrupt???
So just grin and bear it - if you can't afford the premium try using public transport/ taxis - it will probably be cheaper anyway when you consider petrol/ depreciation/ insurance that you won't have to pay.
2007-11-19 09:31:17 · answer #5 · answered by welcome news 6 · 1⤊ 0⤋
If he's interior the family contributors and has a license he must be on your insurance, regardless of if he in straightforward terms drives as quickly as. in case you do no longer place him on the insurance and he gets in a wreck the insurance won't pay. you would be answerable for paying, and if he disables somebody in a wreck they're going to garnish your wages and his wages consistently. it is an severe case regardless of the shown fact that it has exceeded off. it is not a loophole, yet what you're able to do is to get rid of the great and collision insurance off of the automobile, in spite of the reality that if the truck in financed you will ought to repay the own loan first. this might keep greater beneficial than 0.5. the only different ingredient you're able to do is to have him turn in his license. Then, if he drives the truck and gets in an accident you will checklist the truck stolen. he will bypass to penitentiary and could nonetheless could pay damages yet that could shield your wages and supplies.
2016-11-12 02:11:02 · answer #6 · answered by ? 4 · 0⤊ 0⤋
It will be more likely that Las Vegas will allow you to bet on yesterday's football games more so then an insurance company issuing you a policy after a crash has occured.
2007-11-19 01:50:11 · answer #7 · answered by Dimples_in_NJ 3 · 3⤊ 0⤋
In UK, all the Insurance Companies computers are linked to DVLA .. you can't get Road Tax w/o Insurance, and if you don't have Road Tax (or it's out of date) sooner or later some nosy neighbor (or a traffic warden) is going to report you & then Policeman Plod is going to send you a summons ...
.. on the other hand you might just be lucky .. our local council tows away abandoned vehicles (i.e. those w/o current road tax) and I've heard it said that cowboy "car breakers" do the same .. if the car goes missing one day, who you going to call ??
2007-11-19 02:44:32 · answer #8 · answered by Steve B 7 · 0⤊ 0⤋
You insure against the law of averages regarding the likelihood of your having a crash.
You need insurance cover to drive a car. It is illegal to drive a car without insurance.
Go to
http://www.save-money-guide.com/insurance.html
and scroll down to the bottom of the page for details of car insurance.
2007-11-19 01:44:45 · answer #9 · answered by Anonymous · 0⤊ 0⤋
All insurance companies issue policies on the date that coverage is applied for. If you apply for insurance on November 19th that will be the effective date.
Not much good for an accident that happened November 18th or earlier, eh?
2007-11-19 02:58:54 · answer #10 · answered by Tom Z 7 · 1⤊ 0⤋