Car Insurance - 5th Feb 2008 8:06pm
i'm thinking of getting a car on finance because im p***ed off of buyin cars that just go boom on me.
basically i got banned from driving when i was 17, so now i'm only really able to get insured TPFT without insurance way too high.
so ive been looking into a few cars from dealerships but when i phone the insurance to enquire about prices etc they say i can only be insured at FC because the car is over X amount, but they are able to insure TPFT is the car i own is below X amount.
Now if i went about doing this (insuring the car lower than its value) is it illegal? or is it just stupid incase i have a crash etc and they won't pay the full amount of the car if i crash?
thanks
basically i got banned from driving when i was 17, so now i'm only really able to get insured TPFT without insurance way too high.
so ive been looking into a few cars from dealerships but when i phone the insurance to enquire about prices etc they say i can only be insured at FC because the car is over X amount, but they are able to insure TPFT is the car i own is below X amount.
Now if i went about doing this (insuring the car lower than its value) is it illegal? or is it just stupid incase i have a crash etc and they won't pay the full amount of the car if i crash?
thanks