I currently own a 2000-reg Corsa. I know it won't pass its MOT come May and am looking to purchase a new car before then. I am then looking to scrap my current car once I buy a new car. My tax and insurance ends in May. I would be looking to buy a new car in March or April. My understanding of the process is this:
1) Choose your new car, call your current insurance company and transfer the existing policy to the new car, and put temporary cover on the old car until it's scrapped.
2) The old car gets scrapped, and the insurance on the new car ends in May (as I changed car mid-policy), you get your NCB and then you can renew or choose a different insurer.
Is this correct or am I missing something? Is this even the best way to go about it?
Thank you in advance
1) Choose your new car, call your current insurance company and transfer the existing policy to the new car, and put temporary cover on the old car until it's scrapped.
2) The old car gets scrapped, and the insurance on the new car ends in May (as I changed car mid-policy), you get your NCB and then you can renew or choose a different insurer.
Is this correct or am I missing something? Is this even the best way to go about it?
Thank you in advance
