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If the police then have reason to believe the vehicle or driver may be uninsured, they can impound the vehicle and request adequate proof of insurance to release it. Even if adequate proof of insurance is subsequently provided, an automatic charge of around £120 is made for the release of the vehicle, plus an additional charge for each day that the vehicle has been impounded (up to 14 days – at which point the vehicle is destroyed)
To comply with the 4th EU Motor Directive you are obliged to provide the Motor Insurance Database (MID) with the registration numbers of all vehicles that you own that will be driven, used or parked on a road or public place which are covered by your Motor Trade policy such as:-
Important – vehicles must be owned and registered in the name of the policyholder. Unless specified, cover does not apply to vehicles owned by a spouse or an employee. In addition, when you sell or dispose of vehicles, you must remember to update the MID or inform us as soon as possible. Failure to do so may result in you being contacted about insurance claims that have nothing to do with you.
|Description of Vehicle||In possession for||Should details be sent to the MID?|
|UK Registered and Taxed||4 days or less
More than 14 days
|UK Registered but Tax Exempt||14 days or less
More than 14 days
|Foreign Registered||No limit||No|
|Motor Trade Plate(s)||No Limit||Yes|
|UK Registered, but untaxed
vehicle, NOT kept or used in a public place (*)
(*) Imminent changes to legislation will make it an offence to own a motor vehicle (regardless of where it is kept) without adequate Motor Insurance unless the vehicle is declared as SORN.