2nd car insurance

GT_Man · 02-08-2018, 04:14 AM

Hello all, im after some advice and hoping you homosapiens can help

im thinking of getting a 2nd car for myself, an E36 convertible, which I would like to park on the road outside my home.

Would I need to insure the car to be parked on the road, even though I will not drive it all the time?

Im thinking of getting 1 day insurance every time i will drive the car which is like once a month or so

creepy coupe · 02-08-2018, 04:16 AM

I needs to be insured 24/7 if on the public road.

Hooded · 02-08-2018, 04:22 AM

Quote:

Originally Posted by GT_Man

Hello all, im after some advice and hoping you homosapieons can help

im thinking of getting a 2nd car for myself, an E36 convertible, which I would like to park on the road outside my home.

Would I need to insure the car to be parked on the road, even though I will not drive it all the time?

Im thinking of getting 1 day insurance every time i will drive the car which is like once a month or so

If you had said Neanderthals you'd have got more replies on here

As already said .. if it's parked on the road it needs to be insured all of the time

isleaiw1 · 02-08-2018, 04:26 AM

It also needs to be insured in case it gets nicked or burnt out - or do you consider it of so little value that it doesnt matter?

but as already stated, if on a public highway it has to be insured and taxed and MoTd

GT_Man · 02-08-2018, 04:41 AM

Thanks for the help homos, much appreciated

MarkG_M5Comp · 02-08-2018, 10:28 AM

Download the app 'Cuvva' - you can buy insurance by the hour and day.

The app also has a subscription insurance to keep the minimum required to keep you legal - exactly for the circumstance you mention, for keeping on the road but not driving.

FarmerD · 02-08-2018, 10:51 AM

The main issue with second car insurance is that you can’t use the no claims from your first car. However there are companies / underwriters who will ‘mirror’ the NCB you have accrued elsewhere.

NanasBack · 02-10-2018, 08:52 AM

LV offered mirrored NCB discount when I decided to hang on to my 'old' car last year.
Although I still thought it odd that the insurance for a 5k car could be so similar to a 50k car.

Hooded · 02-10-2018, 12:41 PM

Quote:

Originally Posted by NanasBack

LV offered mirrored NCB discount when I decided to hang on to my 'old' car last year.
Although I still thought it odd that the insurance for a 5k car could be so similar to a 50k car.

Don't try and work insurance out .. a few years ago I run a quote on a new F30 335i .. it came out as less than an old E90 320d!

02-08-2018, 04:14 AM	#1
GT_Man Banned 32 Rep 83 Posts Drives: BMW 3 Series GT Join Date: Dec 2017 Location: london iTrader: (0)	2nd car insurance Hello all, im after some advice and hoping you homosapiens can help im thinking of getting a 2nd car for myself, an E36 convertible, which I would like to park on the road outside my home. Would I need to insure the car to be parked on the road, even though I will not drive it all the time? Im thinking of getting 1 day insurance every time i will drive the car which is like once a month or so
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02-08-2018, 04:16 AM	#2
creepy coupe Lieutenant General 1867 Rep 13,043 Posts Drives: BMW M340I G20 Join Date: Aug 2007 Location: UK iTrader: (2) Garage List 2015 BMW 435d [0.00] 2009 335i [0.00]	I needs to be insured 24/7 if on the public road. __________________ -------------------------------------------------------------- Current car.M240i. Previous.MINI JCW. E92 325i. 435d M235i.M135i. 635d Coupe, E92 M3 manual, E92 M3 DCT Competition Pack. E92 335i, Porsche Cayman S Gen2, 135i Coupe. E92 320d, MK5 R32. MK5 Golf GTi,MK5 Golf GT-TDI,E46 318Ci.
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02-08-2018, 04:26 AM	#4
isleaiw1 Lieutenant General 8790 Rep 12,257 Posts Drives: iPace / Mini Join Date: Jul 2016 Location: UK iTrader: (0)	It also needs to be insured in case it gets nicked or burnt out - or do you consider it of so little value that it doesnt matter? but as already stated, if on a public highway it has to be insured and taxed and MoTd
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02-08-2018, 04:41 AM	#5
GT_Man Banned 32 Rep 83 Posts Drives: BMW 3 Series GT Join Date: Dec 2017 Location: london iTrader: (0)	Thanks for the help homos, much appreciated
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02-08-2018, 10:28 AM	#6
MarkG_M5Comp Supreme Being 1804 Rep 5,425 Posts Drives: M5 Comp Join Date: Jul 2013 Location: Hampshire, UK iTrader: (0)	Download the app 'Cuvva' - you can buy insurance by the hour and day. The app also has a subscription insurance to keep the minimum required to keep you legal - exactly for the circumstance you mention, for keeping on the road but not driving. __________________ Current: F90 M5 Competition Gone: F80 M3 Competition Pack / M135i / F15 X5 M50d / Saab 9-5 Aero HOT / F30 335d xDrive M Sport / E92 LCI 320d M Sport / E46 320d M Sport Touring / E46 318i Touring
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02-08-2018, 10:51 AM	#7
FarmerD Second Lieutenant 73 Rep 298 Posts Drives: M340i Touring Join Date: Dec 2015 Location: Warwick iTrader: (0)	The main issue with second car insurance is that you can’t use the no claims from your first car. However there are companies / underwriters who will ‘mirror’ the NCB you have accrued elsewhere.
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02-10-2018, 08:52 AM	#8
NanasBack Lieutenant 200 Rep 542 Posts Drives: EB 335 oil burner Join Date: Aug 2017 Location: Staffs, UK iTrader: (0)	LV offered mirrored NCB discount when I decided to hang on to my 'old' car last year. Although I still thought it odd that the insurance for a 5k car could be so similar to a 50k car.
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