car insurance help.

poulton_2

Hi, I am wanting to become a named driver on my fathers policy. We contacted his current insurance company and they quoted us £2500+ which we cannot afford. I searched online for some quotes and recieved one considerably cheaper and would like to take it. But it starts tomorrow and my fathers current insurance is valid for another 5 months. This would mean he will be insured on the same car with two different companies, im not sure this is legal and what steps we would have to take with his current insurance. Any advice is much appreciated. Thanks

Quentin

You cannot have 2 policies on the go.

You'd have to cancel the current one. Check the cancellation fees make the switch to a new company worthwhile.

And your Dad will lose his NCD for this year (not a worry if he is already at the max ncd)

aah

oooer


I did this when I insured my son - my own insurance co would not touch him and I found another that insured us both cheaper - I had two insurances on the go together. didnt know it was unlawful

that was 2 years ago - I have only one insurance co now - and son has moved away so no longer on the policy. Am I still culpable?

FlameCloud

It isnt, and Quentin is wrong on the matter.

ijgreer

For once i'm in agreeance with Quentin, you cant have two policies on the go.

Its not dealth with through subrogation where in the event of an accident both companies would be liable for a proportionate share.

Only one policy per vehicle.

FlameCloud

Really? Care to comment on the multitude of case law where insurers argue about who pays what in the event of a multiple insurer car having a crash? (I'd personnally recomend Legal and General vs Drake for starters).

Added to this will of course be the contribution clause found in policies, modifying the common law position on two policies in force on one object.

ijgreer

Well, in question, is the OP's fathers no claims bonus being used on both policies? If so then that is certainly illegall.

dacouch

The mighty Drake, I've not heard that name for years...thanks for reminding me

FlameCloud

With respect though, thats largley irrelevent to the question asked. The simple fact of the matter is it that holding two policies on one vehicle (or indeed any other item) is perfectly legal. Sensible? Probably not, but there you go.

The no 2 policies thing is pub law twaddle.

ijgreer

The vast majority of insurance companies will not allow this to happen, I highly doubt that the OP has made either company aware of his intentions, and would love to see the reaction.

FlameCloud

If they do not allow it to happen, why do they include contribution clauses in their policies. And besides, why wouldnt they? All that means is that in the event of a claim they only have to pay 50%, for the full premium of the risk. It only benefits them, not the insured.

Dual insurance happens all the time, in fact I'd be suprised if everyone on here wasnt dual insured in some way.

But then of course insurers don't allow this too happen