Car Insurance: Admin fees for changes and named drivers

neilporter69

Hi, thanks for taking the time to read my problem.


I have a question where I am trying to minimise my admin fees in some changes I might not even need to make. So here's the thing:


Currently my wife and I both have a car each and are both named drivers on both policies and both of the policies are currently with Admiral. We have 3 events coming up, none of which can be moved or aligned:


1 - My insurance is up for renewal at the beginning of March
2 - My wife is part-exchanging her car for another one in mid-March
3 - My wife's insurance is up for renewal in April


So, the one admin fee that will have to be paid is to change my wife's policy from her current car to the new car. What is confusing me is that my wife and I were planning on swapping cars; she would have my car and I would have her new car when she gets it.:T


My first question is: As we are both named drivers on both cars, do we need to even tell the insurance company? My gut feel is yes because the primary driver is different and as I probably have better no claims built up, it might be better off applied to the policy of her new car.


My second question is: Assuming we will need to tell the insurance company, what is the optimum way to notify Admiral to minimise our fees? Would they charge a fee for each policy or maybe lump two changes done at the same time into a single fee? I always aim for the best policy cost so I may not even be with Admiral after I renew my policy in March...


Any help or suggestions gratefully welcomed.


Thanks,


Neil.

Quentin

You need to ask admiral on what changes will attract a fee (different insurers have different policies over admin fees)


(If you have to nominate the main driver of each car then you must notify a change)

EdGasket

Sounds like she will pay an admin charge mid-march then; £17.50 with Admiral. I don't see what relevance the renewals have; there is no admin charge for renewing your insurance.

ThinkingOutLoud_2

neilporter69 wrote: »

... both policies and both of the policies are currently with Admiral....

So to know if you are best renewing with Admiral - given the new car and the change of drivers, it is worth getting some quotes from the comparison engines and from Admiral for the new situation.

Swapping cars (drivers and therefore mileage and NCBs) is as you suggest not quite a routine renewal, so worth checking they will still be competitive for you.

You could end up with either or both of you staying with Admiral or even none. You would want to swap at annual anniversary if possible to avoid a policy cancellation fee.

silvercar

Admiral may offer you a better price if you move both to a multi-car policy.