Passed driving test today - need insurance help!

EdGasket

forgotmyname wrote: »

Plus the headaches of which policy do you claim on if something happens with neither of you at the wheel.

Someone crashes into it whilst parked, or you find a scratch that neither of you think you did, do you claim of your policy or theirs?

This has to be dealt with 50/50 by each policy; obviously extra hassle as you have to deal with two insurers and they have to talk to each other! Each insurer will only be liable for their pro-rata share of any claim where multiple policies cover the same incident.

Maureen43

I've tried to get quotes on a couple of "black box" policies but it appears this only works if she is the main driver of her own car, not the named driver on mine.

Shame!

Quentin

EdGasket wrote: »

....... obviously extra hassle as you have to deal with two insurers and they have to talk to each other! Each insurer will only be liable for their pro-rata share of any claim where multiple policies cover the same incident.

In the event of any claim involving dual cover, the insurer you claim off (rather than the policyholder) will deal with the "hassle" and contact the other insurer to sort out any dual liability.

Maureen43

Ok, now I am seriously baffled. I've rung numerous insurers this morning and have been told that:

- she can only have a black box policy on a car she either owns or is the main driver on (it is my car and I am the named driver)

- she can't have her own insurance policy on any car she doesn't own (as in theory that means that both she and I can build up no claims on separate policies on the same car).

- as a named driver on my policy she can't build up any no claims

Help! What do other parents do in my situation? (I own the car, am the named driver, and 17 year old daughter will drive it maybe once or twice a week).

It really shouldn't be this complicated!

cajef

Maureen43 wrote: »

(it is my car and I am the named driver)

- ? (I own the car, am the named driver, and 17 year old daughter will drive it maybe once or twice a week).

Do you mean you are the main driver on your insurance, if not who is?

Unfortunately most parents have to bite the bullet and pay the extra to put a 17 year old with no driving experience on their policy, or buy them their own car and they insure it in their own name as the main driver.

Maureen43

cajef wrote: »

Do you mean you are the main driver on your insurance, if not who is?

Unfortunately most parents have to bite the bullet and pay the extra to put a 17 year old with no driving experience on their policy, or buy them their own car and they insure it in their own name as the main driver.

Yes I'm the main driver.

It would almost be cheaper all round to buy her a car! However she will go to Uni in a year's time so not really worth it.

Looks like I will have to add her as a named driver to my policy.

She'd better not scratch my pride and joy!

Quentin

Maureen43 wrote: »

Ok, now I am seriously baffled. I've rung numerous insurers this morning and have been told that:.....................


- she can't have her own insurance policy on any car she doesn't own (as in theory that means that both she and I can build up no claims on separate policies on the same car).

- as a named driver on my policy she can't build up any no claims....................

You have been a little misled!


Whoever gave you this "theory" just made it up.
You build up NCD by owning a policy for a full 12 months without claiming.


Insurers want the policyholder to have an "interest" in the car - ie they will be financially hit were anything to happen, which is why some insist on the policyholder being the owner and keeper.


But a number will allow a child to insure a car owned and registered to a parent (eg Direct Line - not a recommendation, but a well known company who are happy to do what you want)


And if you search round you will find insurers who will allow named drivers to earn NCD - though with strings (eg theymust use it to take out a policy with the same insurer/any claim by any driver on the policy knocks the named driver discount back to nil)

Marktheshark

My middle lad is 20, he still can not get a quote on any type of car under £5000 due to a LS postcode, he has to use a moped for work.
Things are very tough for young drivers these days.

forgotmyname

You say its not worth it, but if they earn a years no claims then its 100% worth it.

The quotes for my daughter just after passing her test were cheaper than waiting 2 years. A 10 month bonus accelerator policy came in around the same price as a standard policy when she passed approx 2 years back.

Even if the car sits there its building up that much needed no claims.

We thought the same at the time, college in the city so a bus was the only option, then the part time job that was faster to walk to than drive.
But 2 years on and the prices have risen.

The only difference now is that some cars which were rated higher are now some of the cheapest to insure.

Previously the small cars with less than 900cc engines were the cheapest, now they are rated higher and cars around the 1300cc mark are cheaper?

If i had the choice again i would have bought her the car right away. Even if unused she would have 2 years no claims now.

mattk_180

Quentin wrote: »

In the event of any claim involving dual cover, the insurer you claim off (rather than the policyholder) will deal with the "hassle" and contact the other insurer to sort out any dual liability.

But if the daughter had an accident and made a claim, would their insurer claim a contribution from the parents insurer and subsequently the parents premium would go up/no claims be affected anyway?


Not sure if that would be correct, just a theory, however if that's the case she may as well have the daughter as a named driver with a company that will allow named driver NCB rather than pay for 2 policies, no? As her insurance is affected by a claim made by the daughter in either case?