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Gap in vehicle ownership and motor insurance
Having recently retired and being a city dweller, it makes sense for me to trade in my large saloon car. I now have the chance to sell it to a friend, and am contemplating trying to live without a car for a spell, to see how this suits. I am however concerned that if I decide to buy a smaller car after an interval, I will have lost entitlement to no claims bonus and will be heavily penalised when I insure again. Any thoughts or advice?
Asked on 1 February 2012 by Michael Inglis
Answered by
Honest John
You are allowed a 2 year gap before your NCD becomes void.
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