I recently had an accident that caused my car to be written off. There have been no problems and I'm now waiting for a cheque from my insurers.
My question is this. When the cheque comes and I buy a new car what happens with regard to insurance, will I have to take out a new policy, can I keep the existing policy and add my new car to it, will my monthly payments go up, or none of the above?
I'm sure this is very simple for an expert but it confuses the hell out of me.
My question is this. When the cheque comes and I buy a new car what happens with regard to insurance, will I have to take out a new policy, can I keep the existing policy and add my new car to it, will my monthly payments go up, or none of the above?
I'm sure this is very simple for an expert but it confuses the hell out of me.