Certificate of Motor Insurance:
This is the official document, required by law, that is provided by your insurer and states that you are legally insured to drive your vehicle.
Class of Use:
Your motor insurance contract will state the reason or purpose for driving your vehicle and this will be reflected in the premium you are charged. The different classes of use include social, domestic and pleasure, commuting and business use and they present different risks to the insurer so will come with different rates. See classes of use for more information.
A classic vehicle is deemed any vehicle that is older than 30 years old and a ‘modern classic’ must be over 15 years. Classic models can be more expensive to cover due to wear and tear and because their parts can be harder to replace. However, since they are potentially worth more the older they are, you can get ‘agreed value cover’ so that your claims will pay a pre-agreed value if the vehicle is written off.
This is the amount set by your insurer at the beginning of your insurance term and is the amount you have to pay to release your insurance and make your first claim. The amount is typically around £200 and once you pay this, you can make a claim.
This is cover for personal belongings you keep in your car or home including gadgets, jewellery and clothes. You are able to claim in the event that they are lost, damaged or stolen.
The extent of protection provided under the insurance policy. There are various levels of cover but for motor insurance the three common levels are Third Party Only (the minimum requirement), Third Party, Fire and Theft and Fully Comprehensive (the most cover available).
The Claims Underwriting Exchange is a database of insurance claims details provided by most insurance companies. Insurance companies that participate in CUE are able to check the database for any undisclosed claims and whether a customer was at fault or not. The use of the database has been an effective tool in the fight against insurance related crime such as the “crash for cash” scams.
This is the highest level of vehicle insurance you can purchase and includes any damages to third parties, fire, flood and theft and your own vehicle. It is the only level of cover that allows you to claim for damage to your vehicle and personal injuries. Despite being the highest level of cover, the cost between this and the basic third party only is very little as insurers are competitive to offer more cover.
Continuous Insurance Enforcement:
This is a legal requirement that came into force in 2011 and states that all vehicles in the UK must be insured to drive legally on the UK roads. You are only exempt from this if you have registered your vehicle ‘off-road’ through a Statutory Off Road Notification, known as a SORN.
For anything you do that is worthy of penalty points, such as drink driving, speeding, driving without insurance or not wearing a seat-belt, it is called a motoring conviction. The number of motoring convictions you accumulate will increase the cost of your insurance policy as you are deemed high-risk and some insurers may not cover various convictions. See the full list of driving convictions here.
Cooling off Period:
Once you have applied for an annual insurance policy and received your policy documents, you legally have a 14 day cooling off period which allows you to cancel your policy and only be charged the reasonable cost of expenses (administration fees) and the days of cover you’ve used.
If you are having repairs and replacements carried out by an approved garage, they may give you a courtesy car for a number of days whilst the repairs are being carried out. There may be a fee for this but some of the insurers we work with at Call Wiser offer courtesy cars for free as part of the policy.
This is a certificate of temporary insurance. So if you are being covered for just a few days or weeks, you can provide your cover note as proof that are insured.
This is the code for a motor conviction that involves using a mobile phone or handheld communication device whilst driving.