Insurance at address #1, kept overnight at address #2 save 60% insurance - legal?

easy

Trebor16 wrote: »

As that was several decades ago I think you will find things have changed somewhat.

In what way?

On the DVLA site it says

The V5C, commonly known as the ‘logbook’, is a certificate that is issued when a vehicle is registered with the DVLA. The V5C is sent to the registered keeper who is the person responsible for registering and taxing the vehicle. This may not be the owner of the vehicle.
The information it shows includes:
vehicle registration number
vehicle keeper’s name and address
other important information about the vehicle (the make, vehicle identification number (VIN) and number of previous keepers)

Now, the question is what is the OP's address? Anyone can have more than one address - think about people who have weekend homes for example. It doesn't say anything at all about the home address having to be where the vehicle is normally parked.

I would think that most students or folk on short work/flat rental contracts use their parents' address for lots of official documents, otherwise they would spend half their lives writing to inform the various different authorities of change of address details.

Trebor16

mikey72 wrote: »

The op isn't supplying incorrect information.
He's supplying truthful answers to the questions asked.

No he's not, he doesn't live at his parents address so in saying that he does he is not being truthful.

When getting a quote from Direct Line they take the address of where the car is kept overnight and base the premium on that address. Zurich also ask for the address of where the vehicle is kept overnight. Churchill ask the address of where the car is kept and the premium is calculated on that address.

The OP would not be able to use his parents address with Direct Line and Zurich and with Churchill he would also have to use his own address.

Trebor16

easy wrote: »

In what way?

In respect of insurance companies being wise to such scams.

easy wrote:

I would think that most students or folk on short work/flat rental contracts use their parents' address for lots of official documents, otherwise they would spend half their lives writing to inform the various different authorities of change of address details.

But the OP lives at his own permanent address so the scenarios you mention do not apply.

easy

pinkteapot wrote: »

When you take out insurance online you also have to tick boxes to declare that you've supplied all relevant information (even if it wasn't asked for).

If the OP has declared that the car is parked overnight at the address in Manchester. He is supplying the information

Trebor16

easy wrote: »

If the OP has declared that the car is parked overnight at the address in Manchester. He is supplying the information

If the insurance company base the premium on the address where it is parked overnight then he won't have a problem. But if he is using his parents address to save £700 and just ticking the box to say it will be kept elsewhere overnight, knowing that he doesn't live at his parents address, then he is making a false declaration

mikey72

pinkteapot wrote: »

When you take out insurance online you also have to tick boxes to declare that you've supplied all relevant information (even if it wasn't asked for).

The only way OP could guarantee that his insurance was legitimate would be to phone the insurer and have them confirm that they would be happy with the situation. Take a note of the date, time and person he/she speaks to and get a reference number for the call if possible.

Otherwise the risk is that they will dig around for details if OP has an accident and refuse to pay out or, worse still, declare the policy void from inception meaning that OP will have been driving uninsured.

That's one of the points the FSA guidance for insurers now cover.
The very point addressed

"Consumers may be unable to claim benefits against a policy purchased through a lack of opportunity to disclose all material facts, causing an insurer to refuse to pay out in part or in full on the benefits due under a policy."

http://www.fsa.gov.uk/pubs/guidance/gc11_13.pdf

If they don't ask, they can't exclude if you don't know you have to tell them.

mikey72

I'm insured with Axa, they would be a bad site to try it wilth.
They're clear on their question for the address.

"This should be the house name or number of your main place of residence"

If other insurers have a different view, that's the choice they make.

2sides2everystory

Trebor16, do you work in insurance ?

You band about the words "fraud" and "scam" (against insurers) rather too easily.

This is a moneysaving site and what the OP has discovered looks like a decent moneysaving idea. As others have said, as long as the proposer for motor insurance answers the questions asked truthfully (and no one has yet shown that any question was not answered truthfully) then it is the insurer's look out if they are rating the risk in an odd way.

A proposer has no duty to tell the insurer "I am surprised that you have quoted me a lower premium when I use address#1 as my correspondence address, because I had imagined that keeping a car at address#2 would be rated as a higher risk" - none whatsoever.

The OP merely has to watch out for slightly different questions or warnings posed by one or two individual insurers e.g. the AXA requirement mikey72 has highlighted which demands the main residence address.

Trebor16

2sides2everystory wrote: »

Trebor16, do you work in insurance ?

No

2sides2everystory wrote:

You band about the words "fraud" and "scam" (against insurers) rather too easily.

And your point is?

2sides2everystory wrote:

This is a moneysaving site and what the OP has discovered looks like a decent moneysaving idea. As others have said, as long as the proposer for motor insurance answers the questions asked truthfully (and no one has yet shown that any question was not answered truthfully) then it is the insurer's look out if they are rating the risk in an odd way.

This is a money saving site, but the caveat is that in saving money we are expected to act within the law. The OP has clearly stated that he doesn't live at his parents address anymore, so to tell an insurer that he does but keeps the car at another address when it is clear he does not live at the first address is making a false statement.

2sides2everystory wrote:

A proposer has no duty to tell the insurer "I am surprised that you have quoted me a lower premium when I use address#1 as my correspondence address, because I had imagined that keeping a car at address#2 would be rated as a higher risk" - none whatsoever.

The proposer has a duty to make truthful statements when taking out a policy so that the insurer can calculate the risk appropriately. The OP is fully aware of what he is proposing and cannot hide behind ignorance as he has explained exactly what he is doing.

2sides2everystory wrote:

The OP merely has to watch out for slightly different questions or warnings posed by one or two individual insurers e.g. the AXA requirement mikey72 has highlighted which demands the main residence address.

The OP has more than that to watch out for.

2sides2everystory

So you don't work in insurance.

Are you a lawyer specialising in insurance?

The way I read it, the OP has made no false statement to anyone. The OP seems very aware of the scope of the questions he has been asked and he has given no indication that he has been economic with the truth in any of the answers he gave to get the quote.

I say again that a proposer has no duty to tell the insurer "I am surprised that you have quoted me a lower premium when I use address#1 as my correspondence address, because I had imagined that keeping a car at address#2 would be rated as a higher risk" - none whatsoever.


I don't think you know what you are talking about, Trebor16. What makes you think you do?