Buying a used car - insurance question | ExpatWoman.com
 

Buying a used car - insurance question

374
Posts
EW EXPLORER
Latest post on 11 October 2011 - 22:22
Here we go GoodMorning : With fully comprehensive insurance - Buyer and seller physically go to the insurance company with the policy and their IDs. - Buyer needs an NOC form from his employer but seller does not. -Seller writes an NOC (which can be done beforehand and brought there or written on the spot) to say that he has no objection to the policy being transferred. -Buyer pays QAR 100 by card and policy issued with his name on. Off to the traffic police (in our case DH went to the one on Airport Road) -Both go to the back car park where there is a portocabin with 'Typist' written on it. -Give her buyer's and seller's IDs + photocopies, she gives you back the originals. - Give her original + photocopy of car registration card. - She staples the original to a form which is filled in arabic. -Buyer pays her QAR 20 - cash only. -Both go to the counter where transfer of ownership is done. -The female police officer queries about the insurance with a cheerful smile preparing to tell you that since it is fully comprehensive, you have to go there first but you happily break the news to her that you have already done that, thanking RachelA silently. -Then she moves on to round 2 to inform you that you need to have the form filled in arabic and you cheerfully present her with the typed arabic form. -She runs out of steam, asks the buyer for his credit/debit card and wolf down QAR 200 from it. -A few minutes later, the card with the new owner's name is ready and everybody lives happily ever after ;)
1326
Posts
EW OLDHAND
Latest post on 10 October 2011 - 17:24
So happy to help! If we can't benefit from each others experiences, we have no hope! Sadly I'm still trying to sell my car. It's not a 4x4, and I'm sure that's 90% of the problem...
374
Posts
EW EXPLORER
Latest post on 10 October 2011 - 13:15
Rachel, DH went with the buyer of one of our cars this morning to transfer ownership. Did exactly what you had said, i.e. insurance first with both present as policy is fully comprehensive. He reckons that the police was a bit disappointed to learn that he has already completed the insurance transfer because I think they find it entertaining when you have to make another trip. EW has delivered again and a personal thanks to you Rachel - one more car to go and we will be done ;)! <em>edited by Baffled on 10/10/2011</em>
514
Posts
EW GURU
Latest post on 09 October 2011 - 20:22
You definitely don't need an NOC if you are buying a new car without a loan. You will probably find that the person selling the car needs the NOC to show that their company has no claim against them (and hence the car) and that the PRO just confused things (as they often do!).
374
Posts
EW EXPLORER
Latest post on 09 October 2011 - 18:51
Many thanks, Rachel - you are a star!;)
1326
Posts
EW OLDHAND
Latest post on 09 October 2011 - 17:45
No. In our case we went in to the office together - the car wasn't with it.
374
Posts
EW EXPLORER
Latest post on 09 October 2011 - 17:44
Rachel and any other ladies who might know - the two owners have to be present at the insurance company but does the car that is being also have to be there? Thanks.
1326
Posts
EW OLDHAND
Latest post on 03 October 2011 - 22:58
I have no idea why an NOC would be needed, but it was. When I asked the PRO at my work about it, they already had a standard letter that they use. Essentially the sponsor of the person buying the car should give one. I bought a new car a few years ago, and honestly cannot recall if I had such a letter then.
374
Posts
EW EXPLORER
Latest post on 03 October 2011 - 17:42
Many thanks for that Rachel - I had read about your comment regarding the fully comprehensive (which applies to us) and very useful to know. Any reason why one needs an NOC ... now I am truly baffled :\:!
1326
Posts
EW OLDHAND
Latest post on 03 October 2011 - 17:26
Baffled, I think so but I can't be sure because the PRO of the person I bought the car from handled all of it. I gave him my papers (copy of my ID and an NOC from my employer) and we went to the traffic department a few days later, by which point he had already gotten whatever needed to be translated done. What I do know (and this I learned the hard way) that the buyer AND seller both need to be there, live and in person. AND if the car has full insurance, the insurance needs to be transferred before you can do the sale. If it's just 3rd party insurance apparently it does not need to be changed. Good luck!
374
Posts
EW EXPLORER
Latest post on 03 October 2011 - 07:52
Rachel, I hope all the paperwork (any translation involved at a small fee perhaps) is done at the Traffic Dept. Could you please confirm - thanks ;)!
697
Posts
EW GURU
Latest post on 06 September 2011 - 17:56
I know this is an old thread but just wanted to add that we chose AXA because they included desert coverage, that is something to check...
1326
Posts
EW OLDHAND
Latest post on 05 September 2011 - 15:18
Just to update, in case anyone is interested. If the care is fully insured (ie not just 3rd party) then it has to be insured in the new owner's name PRIOR to actually changing the car registration. The policy in question was with QIC, and it took QR 50 and 15 minutes to transfer the remainder of the policy to my name. Only then would the Traffic Dept. process the change of ownership. Oh and FYI both the old and new owner must be present in order transfer the car registration.
374
Posts
EW EXPLORER
Latest post on 15 August 2011 - 10:14
RachelA, we were with QIC but changed to Doha Insurance, much better no-nonsense service and discount if you insure more than one car with them.
1759
Posts
EW EXPERT
Latest post on 14 August 2011 - 23:40
QIC will switch over for a nominal fee - however, they may only extend 3rd party (even if the original policy is comprehensive) based on your nationality (not usually an issue for those holding Western passports). Ugly but it happened to a colleague in June. She sold her car and when she informed the insurance company the first question was "Is the buyer Asian"?
1326
Posts
EW OLDHAND
Latest post on 14 August 2011 - 23:05
Great info - thanks everyone. And good to know about AXA vs. QIC. I've had QIC since I moved here, but have been thinking about AXA. Never actually put a claim in with QIC on the car insurance, but I did once put in a claim on QIC travel insurance, and they denied it and were completely unreasonable.
25
Posts
EW NEWBIE
Latest post on 14 August 2011 - 22:27
Hi Rachel We bought a used car in March this year & DH went with the owner to QIC to change the remainder of the insurance policy over onto our name. I think it cost QR50 or something & it was very quick to do. The current owner might not want to do this as I know (specifically with Axa) that they might refund any balance of insurance paid if the car is sold during the policy term, I think QIC does this too. Our seller was leaving the country so wasn't bothered about a few months refund. We're due to renew at the end of the month & will go over to Axa, as their service is far superior & considerably cheaper than QIC. HTH
374
Posts
EW EXPLORER
Latest post on 14 August 2011 - 21:10
Both GoodMorning and Patron are right, Rachel. Do make sure you change the name on the policy and enjoy your new car. ;)
49
Posts
EW NEWBIE
Latest post on 14 August 2011 - 20:21
Hi Rachel A, you can change the policy over to your name for a nominal fee (I did mine many years ago so wouldn't like to hazard a guess at the current amount but it's unlikely to be unreasonable). I recommend that you insist on changing the policy name, many drivers will keep it in the old owners name, which isn't usually a problem when claiming but can be a problem if you want to sell the car on. It's easiest if the current policy holder accompanies you with all relevant paper work, should take all of 10mins. Good Luck and happy driving!
1326
Posts
EW OLDHAND
Latest post on 14 August 2011 - 18:12
I am purchasing a used car, and have a question regarding the insurance. Does anyone know if it's possible to transfer the existing policy into my name, or would I need to purchase a new policy? Any info much appreciated.