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Dodgy Question about Car Insurance

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Comments

  • impy78
    impy78 Posts: 3,157 Forumite
    biblejohn wrote:
    i currently have 5 vehicles. I can only drive 1 at once, and happily want 3rd party only on them, so why do I have to have 5 seperate insurance policies? They will only have to ever pay out on the one im driving should I make a claim, so why cant they base a premium on the highest risk vehicle and let me drive any other vehicle in my name free of charge?

    There is such a policy - a trader's policy which lets you drive any vehicle.

    But they cost the earth.
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  • impy78 wrote:
    No, it is not a loophole, because my Y as the driver has the minimum legal cover required to drive the vehicle in the UK.

    There is no legal problem, Mr Y is quite within the law. mr Y only needs to produce his certificate of motor insurance really, but taking the registration document showing mr x would be a good idea, just to prove mr Y does not own the car.

    As much as we insurance companies would like it to be otherwise, no the other car does not need to be insured, as legal only the driver has to be insured to drive it. (hence why some folk have trader's policies).

    At some point Mr X will have to insure the car himself because DVLA will not issue a new tax disc with the insurance certificate that Mr Y is using to drive a car not owned by him. But that is not to stop Mr X from cancelling the insurance as soon as he has the nex tax disc.
  • I have to add here that I know someone in exactly this position that was convicted last year. They had an insurance policy that allowed them to drive another car but the other car that they drove was uninsured.
  • eilz
    eilz Posts: 354 Forumite
    what was the fine they recived for doing this?
  • They got £500 and six points
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