Can 2 people hold seperate policies for the same car ?

ZootHornRollo

Sandoval wrote: »

There is such a thing as helping out a close family member though isn't there?

and we all know what siblings can be like!

i wouldn't have done it for my sister when we were teenagers. i would now tho.

bouncydog1

Collingwood insure learner drivers and the cover ceases as soon as they pass their test which is when the real risk starts because they are driving unaccompanied.

I note that you bought the car for your older son - any possibility you could do the same for the younger so they are treated the same as no doubt as the older son has passed his test he is not going to want his younger brother to suddenly want to share the vehicle which he no doubt views as his own.

If this is not a possibility and it was clear to your older son that the vehicle belonged to you, what about suggesting to him that it might be time to look around for a vehicle of his own and release the one he is using for his brother to use.

If he has paid his own insurance etc then I can see why he doesn't want his brother put on it. If it has always been clear that the vehicle belongs to you and you have contributed to the insurance then it might be time to take a harder stance!

Sandoval

ZootHornRollo wrote: »

and we all know what siblings can be like!

i wouldn't have done it for my sister when we were teenagers. i would now tho.

He is being needlessly difficult and putting an unnecessary obstacle in his brother's way.

Sounds like an extremely obstinate young man who may come to regret being so unhelpful one day when he needs his brother's help.

lisyloo

There is such a thing as helping out a close family member though isn't there?

Firstly it's the older brother's decision and no-one else's but I have to say that I would only help out a family member if I thought they were responsible in the first place and would take responsibility for their own actions.

How do you have any idea what the younger son is like?

I have a nephew who has needed money in the past.
I have wanted to help him but on the other hand young people need to learn to take responsibility for their own actions and sometimes that means standing on your won two feet and not relying on handouts from others.

I don't think we can judge because we don't know what the younger brother is like, but I think it's a lot to ask of someone else especially if they aren't that flush themselves.
Besides it's still his decision as to what risks he takes.

Sandoval

lisyloo wrote: »

...on the other hand young people need to learn to take responsibility for their own actions and sometimes that means standing on your won two feet and not relying on handouts from others.

Handouts such as the older son having a car bought for him by his mother?

lisyloo

Handouts such as the older son having a car bought for him by his mother?

Exactly. QED.
Is that teaching him to be equally generous?
It would appear not.

I know I sound ilke an old f**t, but I started working at 13 (picking up skittles and paper round).
I thought my mum was tight making me pay 25% of my earnings for housekeeping when I was 13.
But I certainly learnt the value of money, didn't really on credit, saved up for things etc.

I don't think handouts are teaching kids much responsibility. They should work for what they get, then they'd value it.

Sandoval

I'll be honest I also think it's pretty "tight" taking housekeeping off a thirteen year old girl.

Verging on miserly to be honest...

lisyloo

To be fair I am talking nearly 30 years ago and back then parents just didn't have the money for handouts.
No-one had a car until they worked to get the money.
Credit was a lot less widely available.

It probably was a bit tight, but I think it's better than todays sitaution where people seem to think they have a god given right to an awful lot of things and seems to be especially young people.
Not their fault if they've grown up with it I guess, but when I was young we just didn't have credit.
If you wanted something you saved and that was your only option.

Sandoval

However you phrase it taking board and lodge off a thirteen year old is pretty miserly.

There is a drastic difference between not giving a child constant handouts to teach them the value of money and charging your thirteen year old child money for living with you.

lisyloo

I totally agree there is a difference.
I wasn't saying it was a perfect or even a good approach.

I do however think that waiting and saving up for non-essential things and not relying on credit IS a good approach.

BTW - my parents motivation was educational not financial (not saying they were right).