Buy a car on Ebay and it's instantly Norwich insured
Norwich Union is offering consumers who buy cars on Ebay 7 days worth of car insurance. Considering that a car is sold on Ebay every 2 minutes (yep...another one just sold) that's a huge undertaking. This is what they offer; full comprehensive coverage, unlimited legal liability for death or injury to any person, Up to £5m legal liability cover for damage to other people's property, Medical expenses, personal injury and legal protection.
Ok. So what' the catch. Obviously Norwich Union provide you with an obligation free quote for a further 12 months coverage but that's it. Regardless of whether you accept Norwich's quote or decide to take your car insurance needs elsewhere, the 7 days car insurance cover is free.
What a great deal and an excellent idea. The only limiting factor is that it is only available to UK Ebay subscribers. Hopefully other car insurers will take the lead on this and make it available the world over.
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