Car insurance - both of us on both cars?

scottishspendaholic

Hi everyone,

I am due to renew my car insurance (will do via quidco/confused if possible) and my OH has just told me that via his car insurance (AA), he is insured to drive any car.

Does he then need to be a named driver on my policy as he only drives my car very occassionally (once a month, maybe less). Or should I leave him there as it might bring down/not make much difference to the price of the policy?

Apologies if this has been asked before.

Thanks in advance

scottishspendaholic x

lisyloo

he is insured to drive any car

Firstly, he may only be insured to drive other car on a third party basis rather than having comprehensive cover, so you would need to check this.

Or should I leave him there as it might bring down/not make much difference to the price of the policy?

These days it is often cheaper to have other drivers on the policy.
Insurers seem to think it's lower risk (not exactly sure of the reasoning).
The only way to know for sure is to check with and without him on there.

birrygates

Its often cheaper to name a spouse/partner on a policy

malky39

lisyloo wrote:

These days it is often cheaper to have other drivers on the policy.
Insurers seem to think it's lower risk (not exactly sure of the reasoning).

The reason for this is that other people will be driving the car and should they be less of a risk than the policy holder the premium is less. Due to them thinking the policy holder will be driving the car less

lisyloo

should they be less of a risk than the policy holder

But surely there is a 50% chance (on average) that they will be MORE of a risk.

Where did your information come from?
Do you work in insurance?

I have also been told that people with "loved ones" are less likely to take stupid risks but I openly admit that was just something I heard from a friend so could be "urban myth".

Also it could just be the results of statistical analysis i.e. people with more drivers on the car have ahd less accident in the past.

It's not really that important, but what is important is that you might be able to reduce your costs by adding someone on (providing they don't have lots of claims or convictions).

jem16

I am a named driver on both my sons' policies. It certainly brings their premiums down even if I never set foot in the car!

I am obviously seen as less of a risk than they are - aged 19 & 22 - so it will help. Obviously it depends who you are adding on and it varies from company to company.

gazza975526570

He will surely only be covered TPO for driving other cars so i would definately keep him on if he is driving it monthly nd like other posters say it can sometimes be of benefit to have a spouse on there.

Plus it beats paying out the £10k (guessing dont know your car) for the damage to your car if h writes it off whilst driving being TPO

Keep him on

malky39

lisyloo wrote:

But surely there is a 50% chance (on average) that they will be MORE of a risk.

Yes there is a chance that they will be more of a risk and in this case obviously the premium will probably go up due to the chance that this driver will be driving the car.
In this case it would not be cost saving to have this driver named unless it is really needed.

moneyandmountains

lisyloo wrote:

But surely there is a 50% chance (on average) that they will be MORE of a risk.

However, this depends on their age / gender / risk profile.
It doesn't cost anything to ask your insurance company what the change in the premium will be, or to check with some online quotes.

I found that putting my girlfriend on my policy reduced my premiums by about £100. However, I didn't bother putting one friend on the policy that would have increased it by £200.