Thinking of getting a "new," for me, Toyota 2007 HiAce lowtop van, which will, of course, require an insurance policy. I'll then sell my 1996 van.

Here's Q-1: If the "new" van still carries Class 1 comprehensive insurance from the former owner, can/should I just carry on with it?

Here's Q-2: Should I pass on the Class 1 comprehensive insurance on my 1996 van, good through February 2010 to the new owner?

Seems to me that the answer to both Q-1 should be negative. Best to stick with the same insurance broker I've been dealing with for lots of years. No?

Also seems to me that it'd be dumb to pass on my policy to a new and unknown driver. Wouldn't I still be responsible to some extent, such as financially, if there was a claim?

However, I've seen many advertisements for cars for sale that state explicitly something like "carries Class 1 insurance through xxxxx date."

What's up here?

Mac

ummmm interesting. I thought the policy was on the car not the driver. i presume that you contact the insurance company and change main drivers / policy holders names.

Allan

Thinking of getting a "new," for me, Toyota 2007 HiAce lowtop van, which will, of course, require an insurance policy. I'll then sell my 1996 van.

Here's Q-1: If the "new" van still carries Class 1 comprehensive insurance from the former owner, can/should I just carry on with it?

Here's Q-2: Should I pass on the Class 1 comprehensive insurance on my 1996 van, good through February 2010 to the new owner?

Seems to me that the answer to both Q-1 should be negative. Best to stick with the same insurance broker I've been dealing with for lots of years. No?

Also seems to me that it'd be dumb to pass on my policy to a new and unknown driver. Wouldn't I still be responsible to some extent, such as financially, if there was a claim?

However, I've seen many advertisements for cars for sale that state explicitly something like "carries Class 1 insurance through xxxxx date."

What's up here?

Mac

Answer 1 : It can be a good idea if there is a NCB built up with it - your Broker can easily change the name to yours.

Answer 2 : You can pass it on - again your Broker can do - or, should you want to, ask you Broker to cancel it for a refund. Note: if changing the name of the insured (you) to the new owner please do so immediately.