Car insurance overlap by 48 hours

Negotiator

My dads two year NCB expires on October 28th and my insurance on the car expires on October 29 00:01 hours.

I know that you can have two policies on one car. Say I have a crash later on in the year, can the insurance company reject the claim if they find out about the short period in which two policies overlapped?

neilmcl

Negotiator wrote: »

My dads two year NCB expires on October 28th and my insurance on the car expires on October 29 00:01 hours.

I think you going to have to explain this one again, it doesn't make a lot of sense.

shaun_from_Africa

Having more than one policy on a car (or anything else for that matter) is fine. All it means is that in the event of a claim the insurers will each pay out a proportion of the amount being claimed for.
This will probably delay the process as both insurers will probably do as much as possible to avoid paying out.

Negotiator

My dad lent me his car as he wasnt using it much. He will have been without insurance for two years on that car on the October 28th. NCB expires after two years. My insurance on the car is up for renewal on the 29th, I am not cancelling the policy as it would be a waste of 11 months.

neilmcl wrote: »

I think you going to have to explain this one again, it doesn't make a lot of sense.

arcon5

You know NCB is to do with the person and not the car right? If so i'm not sure i'm understanding you very well

Jamie_Carter

It will expire at midnight on the 28th, so there is only one minute difference.

Quentin

The "overlap" is if no concern or worry.

But you only need one policy - if the car is your Father's, he should be insuring it (unless your insurer is aware and happy that you are insuring a car you neither own nor are the registered keeper), and adding you as the main driver.

Negotiator

Are you The Quentin Willson?

Ok, here goes the long story.

My dad stopped driving the car, two years to the date will be October 28th. I became the registered owner and bought insurance under my name. I will be handing the car back to him because I dont want him losing his NCB. I also don't want to lose the NCB I've built up this year. In order to achieve this I must let my insurance overlap the new policy my dad will be signing up for by about 24 hours. I will not be driving the car again as I will be buying my own car.

Quentin wrote: »

The "overlap" is if no concern or worry.

But you only need one policy - if the car is your Father's, he should be insuring it (unless your insurer is aware and happy that you are insuring a car you neither own nor are the registered keeper), and adding you as the main driver.

Jamie_Carter

Negotiator wrote: »

Are you The Quentin Willson?

Ok, here goes the long story.

My dad stopped driving the car, two years to the date will be October 28th. I became the registered owner and bought insurance under my name. I will be handing the car back to him because I dont want him losing his NCB. I also don't want to lose the NCB I've built up this year. In order to achieve this I must let my insurance overlap the new policy my dad will be signing up for by about 24 hours. I will not be driving the car again as I will be buying my own car.

You shouldn't have to overlap it at all. Policies usually start and finish at midnight. This is exactly what is happening here, but for some reason they are starting it at 1 minute past midnight, instead of the usual 1 second.

facade

Don't worry about it.

The reason your insurance want you to cancel your policy when you sell/transfer the car is that they are liable, through Law to pay out any third party claims on the car whilst the policy is in force, no matter who is driving, with or without permission (if no other policy is in force covering the driver) This won't happen as your father will have it correctly insured, and you could reasonably wait until the day after he took ownership to cancel, and your policy expires then anyway.

They then charge you £25 to escape their legal responsibility. However, if you sell your car to someone , fail to cancel, he doesn't insure and then causes a busload of schoolchildren to go off a cliff, your insurance will come after you for the money that you caused them to pay out by not paying them to cancel and escape their responsibilities)

(yes I think cancellation should be free, you are doing them a favour)

(This begs the question of how you can be convicted of no insurance if any policy is in force on the car but hey ho)

neilmcl

Negotiator wrote: »

Are you The Quentin Willson?

Ok, here goes the long story.

My dad stopped driving the car, two years to the date will be October 28th. I became the registered owner and bought insurance under my name. I will be handing the car back to him because I dont want him losing his NCB. I also don't want to lose the NCB I've built up this year. In order to achieve this I must let my insurance overlap the new policy my dad will be signing up for by about 24 hours. I will not be driving the car again as I will be buying my own car.

I don't know why you couldn't this clearer from the off. As others have said you will have no issues.