If your car has been seized by the police you will need a special impounded car insurance policy in order to collect your car from the compound.
There are two types of seized car insurance policy that we can provide depending on your circumstances. We can provide a quotation for both short term (30 day) impounded car insurance or for an annual impounded car insurance policy.
The benefits of short-term seized car insurance
The most obvious perk of a short-term insurance policy is the cost. With this kind of insurance you will only be responsible for one premium that will cover you for a 30 day period. Once 30 days have passed the cover ends and you are not liable to make any further payments.
It is true that an annual impounded car insurance policy could be cancelled after 30 days, however that could involve a large fee and you may lose a portion of your deposit.
This short-term impounded car insurance is particularly useful if you are unsure what to do with the vehicle once you have recovered it from the compound. For example if you are considering selling your vehicle, or declaring the car off the road – this could be the best option for you.
There are some downsides to short-term insurance policies, as the cover is often less than an annual policy. It is more common for these types of policy to only offer third party cover and there is no option for a named driver to be added. You may also forfeit other benefits such as cover of legal fees and your own personal belongings.
The benefits of annual seized car insurance
The obvious bonus of an annual insurance policy is that you can use it to collect your seized car from the compound and then continue with the cover for the duration of the policy.
This type of policy can offer various levels of cover from third party only to fully comprehensive, it will also cover legal fees and any of your personal belongings if lost or damaged due to an accident.
With an annual insurance policy you will also have the option to add a named driver to the cover which may allow a third party to collect your seized car on your behalf.
One of our team will be more than happy to discuss the benefits of each type of policy with you.
