Car insurance, using my NCD for a friend.

Sgt_Pepper_2

bryanb wrote: »

Your NCB will lapse after a couple of years without a policy.

So what are you suggesting?

He runs a second car he don't need just to keep his no claims?

bryanb

Sgt_Pepper wrote: »

So what are you suggesting?

I was answering the penultimate sentence in post 1

shaun_from_Africa

So what are you suggesting?

He runs a second car he don't need just to keep his no claims?

It may end up saving money in the long rum.
They could buy an old cheapie car (one in a very low insurance group) and uses this to keep their NCD valid.
If it's insured TPFT and with a high excess and restricted mileage, it may not cost too mush to cover.

If the OP was to totally lose their NCD, getting a new policy in the future may work out more expensive than paying for the 2nd car.

If the OP's company has any restrictions on the use of their company car (such as transporting pets), a 2nd car may come in useful.

fivetide

As said, if you aren't the registered keeper then it causes issues. Why would you insure a car that you have no money in as it were?

However, you might find that your friend can add you as a driver to their policy. That might help bring the premium down in the same way adding mum or dad can help lower kid's insurance. Be up to you if you wanted to do that though.

Sgt_Pepper_2

shaun_from_Africa wrote: »

It may end up saving money in the long rum.
They could buy an old cheapie car (one in a very low insurance group) and uses this to keep their NCD valid.
If it's insured TPFT and with a high excess and restricted mileage, it may not cost too mush to cover.

If the OP was to totally lose their NCD, getting a new policy in the future may work out more expensive than paying for the 2nd car.

If the OP's company has any restrictions on the use of their company car (such as transporting pets), a 2nd car may come in useful.

Or if he can find an insurance company that accept ex company car drivers be a waste of time.

Sgt_Pepper_2

bryanb wrote: »

I was answering the penultimate sentence in post 1

No you were stating the bleeding obvious.

Alter_ego

Sgt_Pepper wrote: »

No you were stating the bleeding obvious.

OK you're right

bryanb

Sgt_Pepper wrote: »

No you were stating the bleeding obvious.

Well said Sgt, added quite a bit to the thread.

Sgt_Pepper_2

bryanb wrote: »

Well said Sgt, added quite a bit to the thread.

No less than your contribution.

bryanb

Sgt_Pepper wrote: »

No less than your contribution.

See post 2 for my contribution. Where's your's?