Do you guys know if the insurance company has access to RTA records?
Just wondering because Just Car Insurance need a letter from seller (or receipt), quoting vehicle price - this is the amount they insure for with imports. A lot of people when they go down to RTA put down a value a few grand less than they paid to save on stamp duty. Is this safe to do or is the insurance company likely to check - and then say we can only insure for the lower figure?
Many insurance companies do... notice that when you buy a new car you get a letter from the CTP insurance company congratulating you on your purchase and introducing themselves as your CTP insurer.
Just pay the extra couple of bucks on stamp duty to cover your arse.
Mon, 04 October 2004 10:23
