classic insurance UK!
Posted: Wed Dec 01, 2010 1:22 pm
for those of us that live in the UK.......
You might be interested in the following excerpt from Classic Bike Magazine (DEC 2010)
Specialist insurers Footman James are warning classic riders of a new ruling from the Department for Transport that could lead to fines and penalty points should you let your cover lapse. The DfT's Continuous Insurance ruling becomes law in January 2011 and is designed to clamp down on uninsured road users. The concern for classic owners is that the ruling makes it an offence to own a vehicle without having a valid UK motor insurance, including when the vehicle is off road for repair or restoration. If you have taken out Statutory Off Road Notification (SORN) for your bike, you don't need insurance. But, if your bike is registered, taxed and MoT'd and you've let the insurance lapse because the bike is tucked up in the garage, you could be fined. The scheme will compare DVLA data on registered keepers with the Motor Insurance Bureau database, so will not have to rely on police checks.
You might be interested in the following excerpt from Classic Bike Magazine (DEC 2010)
Specialist insurers Footman James are warning classic riders of a new ruling from the Department for Transport that could lead to fines and penalty points should you let your cover lapse. The DfT's Continuous Insurance ruling becomes law in January 2011 and is designed to clamp down on uninsured road users. The concern for classic owners is that the ruling makes it an offence to own a vehicle without having a valid UK motor insurance, including when the vehicle is off road for repair or restoration. If you have taken out Statutory Off Road Notification (SORN) for your bike, you don't need insurance. But, if your bike is registered, taxed and MoT'd and you've let the insurance lapse because the bike is tucked up in the garage, you could be fined. The scheme will compare DVLA data on registered keepers with the Motor Insurance Bureau database, so will not have to rely on police checks.