We’ll information you thru the ins and outs of transferring your insurance coverage from one automobile to a different
Getting a brand new automobile is thrilling! However what do you do about automobile insurance coverage in case you’ve already bought an present coverage on your outdated set of wheels? Are you able to switch automobile insurance coverage from one automobile to a different, or will you must take out a brand new coverage?
Learn on to search out out what your choices are.
Can I switch my present insurance coverage to a brand new automobile?
Sure, most insurers mean you can switch your present automobile insurance coverage coverage to a different automobile. Most automobile insurance coverage insurance policies run for 12 months, however you’ll be able to’t be anticipated to solely change automobiles on the day your coverage is up for renewal.
You can also make modifications to your Saga automobile insurance coverage coverage at any time, and your up to date coverage will cowl you till your present renewal date.
How do I switch my automobile insurance coverage coverage?
It’s a simple course of – all you should do is let your insurer know. You may typically do that both on-line or by telephone.
It’s fast and straightforward to switch your Saga automobile insurance coverage coverage utilizing MySaga. Or give us a name on 0800 302 9735 in case you’d favor to talk to one in all our group.
You’ll want to supply the next:
Automotive registration quantity
Automotive make/mannequin/description
Engine dimension (cc)
Yr of manufacture
Car worth
Any modifications
The place the car is saved in a single day
You’ll additionally have the ability to test the extent of canopy wanted and that the annual mileage is suitable on your on a regular basis wants.
No matter occurs, be sure to change your automobile insurance coverage earlier than you begin driving your new automobile. In any other case you threat driving it residence with out having correct insurance coverage in place.
Will it value something to alter automobile insurance coverage?
Some suppliers will cost you an admin payment to alter your automobile insurance coverage, however at Saga we’ll do it without cost. Your premium, nonetheless, could change.
In case your new automobile is price greater than your earlier automobile and has a extra highly effective engine, your premium is prone to go up. However in case you’re downsizing to a smaller automobile with a smaller engine, your premium would possibly go down.
This would possibly have an effect on the worth of your automobile insurance coverage.
Can I modify to a brand new supplier?
Sure, you’ll be able to. To take action, you’ll need to cancel your present coverage and take out a brand new one, and you will have to pay a cancellation payment.
If you wish to cancel your Saga automobile insurance coverage, a £50 cancellation payment could also be utilized in case you cancel halfway by your 12-month time period, however you’ll obtain a pro-rata refund on your coverage in case you haven’t made any claims.
Please notice that you will in all probability lose your No Declare Low cost for the present yr in case you cancel earlier than the top of your 12-month coverage.
When else would possibly you should change your automobile insurance coverage?
In addition to getting a brand new automobile, there are different circumstances that will warrant you altering your automobile insurance coverage. These embrace:
Shifting home
Altering your identify
Altering gender
Getting married or divorced
Altering jobs
Modifying the automobile Needing so as to add additional mileage
Altering the place you park in a single day
Wanting so as to add a further driver
Being concerned in an accident
Receiving a driving or prison conviction
To vary your Saga automobile insurance coverage coverage, login to MySaga or name us on 0800 302 9735.
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