Can i insure a scrapped car

Alternatively, our experts are available on 44 99 Skip to content Menu Menu. Call us on: 44 99 Registration I don't know it. Postcode I don't know it. Leave a Reply Cancel reply Your email address will not be published. Get Quotes. Name required :. Phone required :. Message optional :. In these instances, your insurer will award you the payout from you premium and sell the car back to you. If not, see below! In these circumstances, the insurer will give you the option of transferring any funds you still hold with them towards insuring a replacement car.

First order of business — you need to make sure you scrap it with an Authorised Treatment Facility. Remember though; if you do cancel your insurance completely, you may not be covered for incidents like theft or fire damage — so you should always seek advice from your insurance company before you cancel your policy.

As soon as the person collecting your car begins recovery, the car becomes their responsibility — and that includes the journey your vehicle will make to the scrap yard. The quick and easy way to inform the DVLA is by completing and returning section 9 or section 4 on post-April documents of the V5C log book form.

No problem. A Certificate of Destruction COD can be issued to you when your car is scrapped, but you need to make us aware of this prior to collection. The answer unfortunately is no. Once your MOT has expired you must get it renewed immediately. When a car is no longer roadworthy, it still has some value. Team Acko Oct 7, February began with the announcement of the Union Budget. Does this mean you have to scrap your old vehicle? How old is old, is there an age limit?

And what are the benefits of such a plan? Read ahead to know the answers to these questions and other related points about the Vehicle Scrappage Policy in India. The Vehicle Scrappage Policy is an official declaration by the government concerning rules and regulations to be followed while scrapping a vehicle in India.

Developed countries have a detailed policy in this regard. However, India did not have an official policy on this front till now. As per the recent announcements related to the policy, old and unfit vehicles whose life cycle is complete shall be scrapped. This will be a voluntary process but defined by rules. For instance, old vehicles 15 to 20 years need not be scrapped compulsorily.

However, they will have to undergo a fitness test after a defined period. Failing the test would most likely lead to vehicle scrappage. The Indian automobile sector has been in a troubled zone since the latter half of Although post-Diwali sales in have uplifted the sector to an extent, the situation is still worrisome. The scrappage policy is said to help the struggling automobile sector in India.

With old vehicles being phased out, there will be a demand for new vehicles. Scrapping unfit vehicles will also benefit the environment. The policy is directed towards building a system to scrap unfit vehicles in India. Rules and regulations will be made around the actual scrapping process, which shall be laid out in the announcement made by the MoRTH. Vehicle owners will be given certain benefits for scrapping old vehicles. The scrapping of unfit vehicles will help reduce air pollution to a considerable extent subjective as per location.

People will look forward to buying environment-friendly, safe, and technologically advanced vehicles. Different types of vehicles are driven on Indian roads.

Due to this diversification, the same rules cannot apply to all cars. Thus, the need for categorisation of vehicles concerning scrappage. Here are the details. The Scrappage Policy for government vehicles was approved in January