Quizzes & Puzzles9 mins ago
motor insurance for imported vehicle
i have a pajero, which is of course an import,
why are so many companies reluctant to insure thes vehicles,?after all it is basically the same as a shogun.
why are so many companies reluctant to insure thes vehicles,?after all it is basically the same as a shogun.
Answers
Best Answer
No best answer has yet been selected by logic. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.One of the main reasons insurance companies don�t like to insure non-standard vehicles is that they cannot be certain of repair costs (it may be that a part cannot be sourced within the UK).
Image you have a fully comprehensive policy, if say the windscreen is non-standard, it could cost many times a standard windscreen to have it replaced.
You cannot expect insurance companies to investigate which parts are readily available and which are not � so they either refuse to quote, or quote at a price to cover their possible increased losses.
If the policy has the option of a hire car while your car is being repaired � they could find themselves paying for never ending car hire, while the garage tries to source the parts.
Image you have a fully comprehensive policy, if say the windscreen is non-standard, it could cost many times a standard windscreen to have it replaced.
You cannot expect insurance companies to investigate which parts are readily available and which are not � so they either refuse to quote, or quote at a price to cover their possible increased losses.
If the policy has the option of a hire car while your car is being repaired � they could find themselves paying for never ending car hire, while the garage tries to source the parts.