1 Insurer, 1 Car, 2 Policies

JDC14

Hi,

Sibling has taken a job for which commuting by car is not possible, so is allowing me to use it to commute.

I got quotes for my own policy, to use the car for work and sister would retain for evening/weekend driving. I wanted my own policy to get an NCD running for when I buy my own car next year. I am neither the Owner or Registered Keeper of the car, so quotes were thin on the ground already.

However, her current insurer, did provide the cheapest quote - but could I get 2 different policies with them? I've contacted them, but the call handler didn't know off hand and said they would get back to me. I've seen conflicting information online, but it's mostly regarding using different insurers. Whereas any potential issues could be solved, by it being the same insurer.

rs65

Just get added to her policy meantime.

JDC14 wrote: »

I wanted my own policy to get an NCD running for when I buy my own car next year.

Why pay for a years cover when you don't need to. Just start your own cover when you get your own car.

Aretnap

Indeed. It will nearly always be cheaper to have you both on a single policy than to have two separate policies.

Buying a policy of your own solely to build up no claims dicount makes no sense - essentially you're paying full price for a policy you don't need this year in order to save perhaps 30% of next year's premium. It might just about make sense if you're insuring a Fiesta this year and planning to buy a Ferrari next year, but if the new car will cost roughly the same to insure as the old one there can never be a saving by starting a policy of your own sooner than you have to.

InsideInsurance

Legally there is no issues with having two policies on one car. Assuming they both include fire and theft or you get one of the unusual situations of a TP claim where there is no driver involved you then have an issue of which of the two policies the claim should go against. You may find it goes 50% against each policy and thus you both lose your NCD because the car caught fire.

You need to do your sums to see if this is the most economical way of doing things. It will be much more expensive than having you as a named driver and I wouldnt be convinced that it'd create enough of a discount to off set that next year, especially if you are old enough/ experienced enough to qualify for a introductory discount that most insurers give to someone with experience, no claims but also no NCD

thenudeone

If you decide to buy two policies then keep both sets of certificates in the car at all times in case you're stopped by police.

The Police database can only hold full details for one policy at a time, although there will be an indicator that another policy exists.

Provided you present a valid certificate covering the driver when requested, the vehicle cannot legally be seized, regardless of what's on (or not on) the database or whether the officer believes that the driver isn't insured.

arcon5

Assuming the other person wants op on the policy - potentially damaging their own ncb