Insurance and tax question

I need a van to get KwackZilla back from the Isle of Man, and I'm
lucky enough that someone has offered me, for free, just such an item,
if only I'll just take it away. It needs an MOT, and a couple of
things doing to it to get one, but otherwise that sorts it out.

My plan is to get an MOT, drive it to the IoM and back, then flog it.
I then thought that I probably ought to consider taxing it - it'll
mean I'm legal up the M6 and back, and it'll sell easier with 6 months
tax on it anyway.

But then I wondered about whether I needed my own insurance to tax it.
I've always driven other people's vans on my CIHAGM insurance, but if
I put it in my name I'd need my own insurance. Which then made me
think - can I leave it in the original owners name for now, but tax it
with my CIHAGM insurance cover? Or does the insurance document have
to name the vehicle?

Anyone know?

 

It has to be insured in its own right afaik. You should be able to use
something like dayinsure or insuredaily to get say a week's policy &
tax it on that.

--
Krusty

'03 Tiger 955i
'02 MV Senna (for sale) '96 Tiger (for sale)
'79 Fantic Hiro 250 (for sale) '81 Corvette (for sale)

 

If you're the registered keeper, you'd have trouble using CIHAGM cover
for driving it. To tax it, the reg on the V5 and insurance doc need to
match.

 

MID?

I think I could get him to tax it once it's MOT'd. But then, he'd
want to cancel his insurance. Would it still be legal for me to
drive, using my 3rd party cover, if still technically owned by him?
ISTR that when my SOSaab was parked on the road without insurance, the
opinion here was that that was illegal.

 

<TOG>
Yeah, right. Walk away. Walk away now!
</TOG>

 

My understanding is that it doesn't matter whose name it's in (if by
that you mean who is the registered keeper), but only the owner (who
has an insurable interest in it) can insure it. And it has to be
insured in its own right, IYSWIM.

 

But what if you're not the keeper?

What if you have the equivalent of a 'rider policy' i.e. 'any vehicle
owned by x'?

 

You've already covered that in a later post whereby the current owner
woud tax and MOT it but you'd use your CIHAGM cover to drive it.

Do you? In fact, other than trader insurance, do such policies even
still exist?

As far as CIHAGM cover is concerned:

http://www.direct.gov.uk/en/Motoring/OwningAVehicle/HowToTaxYourVehicle/
DG_069671

 

I think the keeper is irrelevant for insurance purposes.

 

Heh. You beat me to it.

 

Ah, yes, that bugger. Had a nasty run in with Kent police a couple of
years ago due to that thing not being as infallible as one would like
to hope.

But I would be insured. I guess I might take to carrying the
insurance doc with me to prove it.

I can imagine, and it's starting to cause my seeth gland to twitch.

<ferrets out documents>

There's very little mention of it at all. The only thing it says is
that cover for "driving other cars" (their quotation marks) is limited
to third party only.

Quite. Of course, given that the thing has been sat at the back of
his house for a good 18 months, it's probably not even insured anyway,
so the whole thing becomes somewhat moot.

 

Hmm. That looks like the best bet - still 30 quid or so for 3 days.

OK, next question : is it legal to park a taxed, but uninsured,
vehicle on the public street?

 

I've just checked my CIHAGM cover on my Lloyds TSB car policy. It
specifically states on the certificate that this only extends to another
*Motor Car*

Although, the definition of *car* is given in the policy document as "any
private motor vehicle".

You might want to check the exact wording of your policy.

For peace of mind I'd do as Krusty suggests. Get thee to
http://www.dayinsure.com/ and take out a short term policy. Better than
spending loads of time and dosh trying to convince various parties that
your mate's van is a private motor vehicle, should it explode on the M5.

 

No, but if you need somewhere to park it...

--
Krusty

'03 Tiger 955i
'02 MV Senna (for sale) '96 Tiger (for sale)
'79 Fantic Hiro 250 (for sale) '81 Corvette (for sale)

 

Why not?

Cheers - may have to take you up on that.

 

I prolly will, but the whole point of this exercise was that it would
be cheap. Otherwise I might as well hire a van for the weekend.

 

....is the right answer...

 

Definitely not.

 

Because any vehicle has to be insured at all times it's on the road - not
just when it's actually moving.

 

You can borrow the pick-up if you like.

--
Krusty

'03 Tiger 955i
'02 MV Senna (for sale) '96 Tiger (for sale)
'79 Fantic Hiro 250 (for sale) '81 Corvette (for sale)