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Old 02-09-14, 06:50 PM   #5
DJ123
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Default Re: Don't forget to cancel your insurance.

[QUOTE=squirrel_hunter;2977045]

But what I would be interested in is an explanation as to why MCE is liable, and thus why they can recover the costs from the previous owner?



QUOTE]

IIRC all insurance companies must pay out on a 3rd party basis. Even if your vehicle is stolen & used in a ram raid, cause damage to property they are liable to pay for the damages. This is what I remember, unsure if this is still the case or how much of it they are obliged to cover.
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