04-09-2014 7:07 PM - edited 04-09-2014 7:08 PM
04-09-2014 7:17 PM - edited 04-09-2014 7:18 PM
So what happens if you sell your car or motorbike on ebay and they have an accident .. Going by the Law you are responable for paying out if you dont cancel insurance..
A Fife biker has been left stunned after a legal loophole could force him to pay tens of thousands of pounds after a man died on the motorcycle he had sold him days before.
Paul Duffy could be liable for all insurance costs for the accident which claimed the life of banned driver James Bryson, despite having no link to it at all.
Mr Bryson bought Paul’s Kawasaki Ninja on August 13 but was not insured when he smashed into a Toyota Yaris near Arbroath seven days later.
But because Paul forgot to cancel his policy, his insurance firm MCE Insurance is liable for the crash and can claim the costs from him in court.
04-09-2014 8:57 PM