Car insurance - complex question: owner/registered keeper and "When did you purchase"

samuelg89

Hello all, first post here.

I'm a new driver, got my licence in January 2017, not yet had a car to use it.

I'm due to start a new job in July which will last 12 months and will require me to drive to work.

I've been massively lucky to be given use of my Mum's car for this year (I won't need it beyond this 12 month job). It's a BMW... she bought it in 2001 but it's been kept very well. I will be the main driver on the car and there is no way I would (want to/be able to) say I am a named/second driver - that would be lying.

So, with me purchasing insurance as the main driver, there's a big difference on insurance quotes depending on how I answer the question "When did you purchase this car?".

If I say "I" purchased in January 2001, that my Mum is the owner of the car, and that I am the registered keeper of the car, it's about £500 cheaper than if I say I am the owner and registered keeper and purchased in July 2017.

Obviously I will be the main user of the car for this year and will therefore tell DVLA I am the registered keeper for tax/any driving fines. However I won't "own" the car (I have not "purchased" the car or received it as a gift into my ownership) and she will want to regain use of her car next year I'm sure.

Is it correct/legal/ethical to answer the question "When did you purchase the vehicle" as January 2001?

:money:

csgohan4

Is it worth getting your insurance cancelled to lie? be honest and answer truthfully or any accident you cause you will be footing the bill


You are not the registered keeper of the car are you then?

samuelg89

I'm not even considering lying!

I'm not the registered keeper of the car yet but will be come July. I will not own the car - it is not my car.

FutureGirl

The difference in price is because, the longer you've had a car / driven the car, you more you 'know' the car, and the less likely you are to have an accident, apparently.

If you're unsure, I would call insurers for quotes and explain the situation.

Geoff1963

Insurance companies are very trusting. When you want a policy, they accept all sorts of information with almost no proof.

Try making a claim ; and they are suddenly very distrusting.
They even employ someone called a Loss Adjuster, who "adjusts" how much they pay out ; and it is never upwards.

System

All you can do is state the facts to the insurer and follow their advice.

You are not the owner - your mother retains ownership, as the car is on loan to you.
You are the registered keeper, as you will be looking after it and taking responsibility for registration, tax, MOT, insurance, and traffic regulations.
You did not purchase the car, so that question cannot apply. Your mother purchased it in 2001.

sheramber

Will the insurance company nit query how you bought the car in 2001 but only passed your test in 2017?

Are you old enough to have bought a car in 2001?

System

sheramber wrote: »

Will the insurance company nit query how you bought the car in 2001 but only passed your test in 2017?

Not all insurance company staff are nits. You need to speak to someone responsible who can answer the specific questions.

He did not buy the car in 2001, his mother did.