car insurance help.

ijgreer

Dual insurance works with most insurance I will agree, for example a travel insurance policy and a house insurance policy may both offer cover for items abroad.

However, this is not the case in car insurance.

FlameCloud

Yet you have yet to demonstrate it.

Why for example is it illegal?

Have you any proof about insurers not allowing it?

ijgreer

Have you proof of any CAR insurance companies allowing it?

I've had 11 years experience with 5 different brokers and 4 insurance companies (2 of those companies in an underwriting role), and have not once had a car insurance policy been allowed to continue under these circumstances.

If one company does not allow cover and they need to be insured on it, they need to cancel this policy and place it with a company that will.

But then again, you seem to know best.

ijgreer

Anyway, once its logged on the MID, it will have alarm bells ringing for either company.

raskazz

ijgreer wrote: »

Anyway, once its logged on the MID, it will have alarm bells ringing for either company.

I'm not aware of any insurer which routinely runs searches of the MID in order to check whether any vehicles that they are covering are dual insured.

It's not illegal in any way to hold multiple motor insurance policies for the same vehicle - although it is certainly fraudulent to claim more than indemnity from multiple policies. Hence the contribution clauses that have been mentioned already, not sure why subrogation was mentioned earlier on though, which isn't massively relevant.

Where it is drawn to an underwriter's attention that a vehicle is insured by multiple policies, of course it arouses suspicion because there isn't really any benefit to a policyholder of holding multiple policies, unless there is some fraudulent intent. But it really isn't worth a motor insurer's time or resources to actively investigate whether a vehicle is dual insured if no claim has been incurred.

FlameCloud

ijgreer wrote: »

Have you proof of any CAR insurance companies allowing it?

At the risk of sounding like a broken record, Legal & General seem to have allowed it

ijgreer

Have you any more?

Checked with Senior underwriters at a few companies I deal with and put scenario towards them, all said that the insured would come of cover as soon as this came to light.