If you fail to remove a vehicle from your Tradewise Motor Trade policy it stays on the MID in your name. That means you may still be liable on your insurance for claims involving a vehicle long after you sold it!
Removing a vehicle from the MID is easy:
Note: Vehicles added or removed via Tradewise Online before 4:00pm Monday to Friday are typically reported to the MID the same day. Vehicles added or removed after 4:00pm Monday to Friday, on public holidays, at the weekend, or on seasonal office closure days are typically reported to the MID on the next working day.