Can you understand this

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Its the time of year to insure my van because we cant get away this year because my son is stuck in Inda I phone the Insures company to not insure it I will not be using the van this year it will be left in our warehouse witch is alarmed for the next year they have told me the van must be insured even if not used . even if you don't use it
 
I don’t know about spain but I the uk a vehicle doesn’t need insurance if it is not on a public road, but the risk is yours should there be a fire or it gets stolen.
 
Have they stated this in writing ? Get a quote from someone else and then ask them the question. of course, if it isn't insured and somebody nicks it you lose out.

We did a production of "the Lady in the van" by Alan Bennet in which we used an old van bought from a scrapyard. After the show it was parked on private property and despite its condition somebody stole it. No engine (fire regs) so it must have been towed, steering wheel removed and replaced by a wrench! They abandoned it on the public road about 1/2 mile away. Police impounded it and we had to pay all costs!.
 
Where it is park it has a very good alarm on the building and the police station is across the road.
 
r4dent said:
Have they stated this in writing ? Get a quote from someone else and then ask them the question. of course, if it isn't insured and somebody nicks it you lose out.....
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Not neccessarily.
I had a Motor Trade policy to cover my vehicles, my workshop and its contents a few years ago.
I used to either leave my car or my van in the workshop overnight depending on what I was doing and where I was going....
One day I drove to the workshop and found the workshop had been broken into and my car (amongst other things) stolen.
I got a full payment for the car value and I am pretty sure it was paid out of the policy part that covered the buildings contents as despite having the car stolen, come renewal time I got another years NCD as they did not record the loss as a Motoring Theft


kenspain said:
Where it is park it has a very good alarm on the building and the police station is across the road.
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Ref my note above, have you got contents insurance that would cover loss of contents, including vehicles? may not be a theft risk with an alarm and local police station, but what about Fire?
 
Its well covered for all things fire and theft but when I told them this and emailed a copy of the policy they still want me to insure the van,
 
It sounds like they just want your money, ask your son who is in-the police if it is Spanish law to have it insured,
 
I think I have read somwhere Ken (sorry cant remember where !) that its Spanish law that states the vehicle must be insured even if not on the road . I remember thinking that sounded strange and different to the UK . I have read a lot of things recently in trying to get my van onto Spanish plates so cant recall the source , but it does ring a bell unfortunately .
 
I spotted something yesterday in the Money Saving Expert newsletter about insurance in the UK that backs up what's been said about SORNing. This is the wording from the relevant bit...

If I'm not driving, do I need car insurance?

Even if you're not driving at all due to the lockdown, you'll still need car insurance. Until 2011, you only needed insurance if you actually drove your car, but then it was changed so you needed it just for owning a car – with one exception. If you keep your car on private land, eg, garage or drive, you can declare it as being off the road by getting a Sorn (statutory off-road notification), which cancels your vehicle tax and and means you don't need insurance.
 
r4dent said:
I don't think so.
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Well you should change your thinking 😜 here's the .gov page, the vehicle needs to be offroad AND SORNed.
www.gov.uk

Vehicle insurance

Rules on what motor insurance you need, what to do if you're in an accident, insurance for driving abroad, penalties for uninsured vehicles and drivers.
www.gov.uk www.gov.uk

p.s there are some exemptions.
Some vehicles are exempt from continuous insurance enforcement:


  • A vehicle with a valid SORN
  • A vehicle that was exempted from SORN (untaxed before 31 January 1998 and no tax or SORN activity since)
  • A vehicle recorded as 'scrapped'
  • A vehicle recorded as 'stolen and not recovered'
  • A vehicle recorded as 'disposed to the trade'
  • A vehicle recorded as 'disposed'
  • A vehicle recorded as 'exported'
  • A vehicle owned by the crown
Click to expand...
 
Just tell them you haven't got any money because of Covid19 and you are not using it period.
 
Without insurance, you can't drive it. So you may as well SORN it.
If it is SORNed, you don't have to have insurance.
Of course, if something happens to it, you will be out of pocket, but if it were me, I'd not insure it.
 
1 Cup said:
Price verses proffit
£1 per day insurance
£1 PER DAY TAX
SO A LOSS OF £2 aday
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Agreed
Annoying but necessary
My storage provider insists on Insurance ! and yes I SORN the vehicle
so for this year for me Round figures (full time storage)
£2 a day storage (£600/365 = £1.65)
£1 a day insurance (almost exactly)

Payback £5 a day peace of mind !

Normally in the summer I do not pay for Storage for 6 months
£1 a day Insurance
£1 a day roadtax (6months)

In a normal year...... I put by (savings/budget account) £100 a month = £1200 a year and use it for
Insurance = £350 (full year)
Road Tax = £150 (6 months)
Storage 6 months = £300 (6 months)
Subtotal £800
Leaving £400 for MOT Service Tyres minor items

Doing the daily figure of course makes it seem trivial but
£100 a month divided by 30 = £3.33 a day

I am sure others will do similar (or not)...This is what suits us !
Judicious use of a credit card can also help in "Smoothing the BIG spends" rg Tunnel or Ferry

No insurance would be such a risky and unnecessary gamble (IMO)

Just workout how much is spent maintaining a house !
 
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kenspain said:
Its the time of year to insure my van because we cant get away this year because my son is stuck in Inda I phone the Insures company to not insure it I will not be using the van this year it will be left in our warehouse witch is alarmed for the next year they have told me the van must be insured even if not used . even if you don't use it
Click to expand...
Had the same problem with my car ..Linea Direct ...tried to cancel in the Lockdown they said you need to keep it insured or if you sell it we need the buyer details to cancel it ..so just insured it on basic cover ....you will find some insurers will want at least 1 months notice to cancel not just car but household as well ....THATs Spain
 
Insurance is there to compensate you if you have losses. It is optional, except for some third party cover for motor vehicles. And in this case, the third party risk is the unknown quantity.

If a storage company insists on it being insured (in case your van sets fire and burns its neighbours) that's a commercial decision. You could maybe choose to have it insured by your pet hamster (you'd need to write the policy document for her: they're not normally literate). Fine until you need to make a claim - which could be far more than the value of your van.

The problem is that storage is a far higher risk than parking in your driveway: more likely to be a target for thieves, more likely for a fire to spread.

That's the point of insurance: insure for all losses you could afford to cover yourself, don't insure for losses you could afford.

If your motorhome is worth more than your savings, insurance means that if the worst happened, you'd not be without a replacement.

My motorhome is worth quite a bit less than my savings. If I wasn't keeping it driveable, I'd probably not insure it. But I'd not use a storage facility if I could avoid it.

We have three e-bikes, each costing serious money: most years they're not insured. It depends how much it adds to the house insurance premium. Yes, there's a risk of theft or damage, but I could replace them, so why pay a lot of money in premium?
 
jagmanx said:
Agreed
Annoying but necessary
My storage provider insists on Insurance ! and yes I SORN the vehicle
so for this year for me Round figures (full time storage)
£2 a day storage (£600/365 = £1.65)
£1 a day insurance (almost exactly)

Payback £5 a day peace of mind !

Normally in the summer I do not pay for Storage for 6 months
£1 a day Insurance
£1 a day roadtax (6months)

In a normal year...... I put by (savings/budget account) £100 a month = £1200 a year and use it for
Insurance = £350 (full year)
Road Tax = £150 (6 months)
Storage 6 months = £300 (6 months)
Subtotal £800
Leaving £400 for MOT Service Tyres minor items

Doing the daily figure of course makes it seem trivial but
£100 a month divided by 30 = £3.33 a day

I am sure others will do similar (or not)...This is what suits us !
Judicious use of a credit card can also help in "Smoothing the BIG spends" rg Tunnel or Ferry

No insurance would be such a risky and unnecessary gamble (IMO)

Just workout how much is spent maintaining a house !
Click to expand...
What's your petrol/diesel costs?
How much would you spend on food while away?
How much water do you think you use while away?
😎
 
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