S2C Forum Archives
Main Section => Workshop Wisdom => 602's Musings => Topic started by: w3526602 on September 28, 2020, 06:04:41 AM
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Hi,
The RTA Insurance requirements can be found at ...
https://www.legislation.gov.uk/ukpga/1988/52/part/VI/crossheading/compulsory-insurance-or-security-against-thirdparty-risks
It's not an easy read, so just give it a quick scan. You can find it again by Googling ... RTA INSURANCE.
It seems to have been changed a bit since I last read it.
There is a short reference to "Vehicles being taken to a place to be scrapped" I couldn't be naffed to work out what it meant, but wondered if such vehicles are exempt from requiring insurance. I'll save that for another day.
602
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intresting read
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Hi Stuart,
When I started driving, you could "insure yourself" by depositing £10,000 with the Attorney General. Last time I looked in the RTAs, it was £1,000,000.
Barbara was side swiped on the M4, by a super-market semi-trailer. They ignored all correspondence. We found out later that they insured themselves. Presumably, a million quid for all their trucks works out cheaper ... and you still have the million until somebody make a claim. Be prepared to play hard-ball.
602
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My son works as a driver for one of the major supermarkets who are self insured. They seem to pay out very readily!