Different address for car insurance

JoeyEmma

I recently moved house and notified my car insurers (Virgin). My premium has gone up from £850 a year to just over £2500!

I have done a few searches with other insurers and have discovered that this seems to be a pretty standard price for where I live.

I was thinking about insuring it at my parents home (about 50 miles away), however I'm worried about the insurers not paying out if I have to claim.

Has anybody had any experience with doing this and can give me a bit of an assessment of the risk?

Thanks (apologies if this has already been asked a million times, I did do a search for it beforehand though!)

marble

If your car is kept at your new address, then telling the insurers it is being kept in a lower risk area is risky (and fraudulent). If you were to have a claim, there is a chance they could refuse to pay out.

While many insurance companies won't bother investigating most claims, they are all reasonably clever at detecting things which aren't quite right (more and more insurance companies are using voice stress analysis to tell when people are lying). If you run someone over and the insurance company finds out you failed to disclose your area, you could be left with a hefty bill!

On the other hand, they may never find out and pay out on any claim you do have ... the only time they're likely to check your address is in the event of your car getting stolen.

Have you tried other ways of getting the quote down? Increasing excess, having a Thatcham alarm fitted, maybe even reducing the level of cover? I'd try these before lying to the insurance company.

Al

ArchieB_2

In the case of a claim they would find you out easily and that would mean £850 down the drain, no claim payout and possibly some legal problems for you.

You may as well go down the driving uninsured route if your car isn't worth much, you may get a £250 fine if ever caught and points on your licence. Obviously the points don't matter as you won't be getting insurance! THIS IS NOT ADVICE BUT SIMPLY A COMMENT ON THE REDICULOUS RECOURSE FOR NOT HAVING INSURANCE.

Wyndham

Sorry, but I agree with posts above - it would be fraud.

I'm assuming you've moved to a city centre? Are you parking on the road? Can you get it into a garage? It could make a difference.

Does seem like a big leap though - and your home insurance will probably do the same as it's obviously considered to be a 'bad' area.

C_Ronaldo

id forget about paying over £2500 for car insurance