The effects of COVID-19 are already being felt in our everyday lives as the UK is on an almost complete lockdown. This means that our cars are also going to be feeling the effects; in the way we drive and in the way we insure them.
Only essential workers should be commuting to work at this point in time, which means the large majority of the UK will either be furloughed from their work or are hopefully working from home. This means that millions of vehicles are no longer needed for commuting, so what does this mean for car insurance payments?
If your car is on the driveway or in the garage for the foreseeable future and you won’t require it for any purpose, drivers are encouraged to apply for a Statutory Off Road Notification meaning you wont have to pay any car insurance or tax until the SORN is ended once the quarantine is over. Be aware, that once a SORN is in effect you can’t use your car at all, even to nip to the shops. So make sure you can get by without your car before applying.
Notify Car Insurer about changes in circumstances
If you are now working from home and usually use your car to commute then informing your car insurer of these changes may be able to reduce your monthly payments.
With the government advising everyone to maintain social distancing and advising those who can to work from home, let your insurer know if you are no longer commuting as this will drastically change the number of miles your car will be travelling each week.
Can’t meet your monthly payments?
If you are struggling to meet your monthly or annual insurance payments because of COVID-19 then contact your car insurer immediately as they will have a dedicated team set up to help you deal with the situation.
By failing to inform them before you miss a payment you may void your car insurance policy, which will mean that you will be driving your car illegally and creating more problems for yourself in the form of fixed penalties or points on your license. Missing a payment could also affect your credit score.