When I scrap my car, what do I do with my car insurance?
You can no longer be liable for the vehicle until it has been recovered and the V5C log book slip has been filled and returned to the DVLA, meaning you can withdraw the insurance.
It's a smart idea to speak with your insurance agent about cancelling the policy, and they'll be able to tell you whether you're eligible for any refunds or whether you should transfer the coverage on the new vehicle.
What if you're picking up my car from a private residence?
You'd be breaking the rules if you cancelled your insurance until the vehicle was towed away from our scrap partner if the car was being left on the road before retrieval. If you keep your vehicle on your own private property, though, you are not required to keep your insurance active.
Remember that if you fully cancel your premium, you will not be responsible for accidents such as burglary or fire loss, so you should still consult with your insurance agent before cancelling your policy.
What if my car is still SORN and stranded on the side of the road?
If you've filed a Statutory Off-Road Notification for your vehicle and are only waiting for it to be picked up, the insurance provider will be able to lower your coverage to reflect the fact that you're not driving it. Some insurance providers have 'laid up' or 'SORN' coverage, so it's worth telling the insurer about it – it might save you money before the vehicle is picked up.
Is it necessary for me to insure the car when it is being transported?
The car becomes the responsibility of the individual retrieving the car as soon as they begin rehabilitation – which includes the trip the vehicle would take to the scrap yard. You won't have to think about the vehicle until it leaves your hands because it will be covered by our collection partner's insurance.
Will I get a refund on my insurance if I scrap my car?
You could be eligible for a rebate for the insurance coverage time that you have paid for but no longer need. Whether you paid in full for the year, you may be eligible for a refund; if you paid annually, the insurance provider may just void future premiums. If you're unsure, you will get a definitive response from the insurance agent depending on your individual situation and policies.
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TRUSTED REVIEWS FROM HAPPY CUSTOMERS
Fast, efficient service. Best quote provided of 3 different companies. Vehicle collected next day in time slot agreed. Payment transferred immediately. Would recommend.
Made an enquiry online for the value of the scrappage of my vehicle, received a phone call within hours of the enquiry, agreed price and vehicle was promptly collected the next day, payment made within 5 minutes of calling the office once they had established that I had alloy wheels. 5 star service
I found this company very helpful, pleasant and honest. Good prices paid with no hassle and direct into bank account. The driver of the recovery vehicle was very kind and understanding. A very good company to use. Would highly recommend