car insurance query

11fernsroad

myself and my wife has comprehensive insurance for our car.
my daughter who is 20 year old would like to use it once a month or so when she comes home.
Can she get "third party car insurance" on her name for the SAME car?
Taking comprehensive would be too expensive,and adding her to our insurance would make our premium very high and would also not give her any no claims to build up.
Is this allowed.We dont want to do anything illegal.
any ideas?

wgl2014

No reason she can't have her own policy although insurers may decline to quote if she is not the RK.

May be cheaper to get temp cover if it's only infrequently used, if she does get an annual policy get quotes for TP TPFT and Fully Comp as you may be surprised which is cheaper.

DUTR

Her premium is likely to be high anyway, and what you describe is little different to fronting, for the once a month little use, then taxi's may work out much more cost effective.

11fernsroad

Hi
what is RK???

wgl2014 wrote: »

No reason she can't have her own policy although insurers may decline to quote if she is not the RK.

May be cheaper to get temp cover if it's only infrequently used, if she does get an annual policy get quotes for TP TPFT and Fully Comp as you may be surprised which is cheaper.

11fernsroad

it is not just the question on being cost effective.
But she would be needing to use car daily from next year,and we would like her not to lose touch with driving.
Also having a car insurance now will also help her build her own no claims.

DUTR wrote: »

Her premium is likely to be high anyway, and what you describe is little different to fronting, for the once a month little use, then taxi's may work out much more cost effective.

Aretnap

Indeed, there's no reason in principle why you can't have two policies on the same car, though getting a full annual policy for her may not be the most cost effective solution for occasional use.

You could try adding her to your policy as a named driver only for the days she actually uses the car - this will be cheaper in terms of premium increase than adding her for the whole year, but if you incur an admin fee every time you change the policy it could get expensive.

Or she could look for a one day policy on the days she actually drives it (Google "short term car insurance") or look for a pay as you go policy such as the type offered by Cuvva.

Aretnap

DUTR wrote: »

Her premium is likely to be high anyway, and what you describe is little different to fronting,

Go on then, how is taking out a policy in tghe daughter's own name somehow like fronting?

Aretnap

11fernsroad wrote: »

Hi
what is RK???

Registered Keeper.

Many (not all) insurers will only let her insure the car in her own name if she is the owner and/or registered keeper.

Aretnap

11fernsroad wrote: »

Also having a car insurance now will also help her build her own no claims.

Building no claims is overrated. Paying for a policy that she doesn't really need this year, in order to get a slightly cheaper premium next year, doesn't make financial sense. Her premium will come down anyway next year, as she'll be a year older and will have held her licence a year longer, and she can start building no claims then.

If getting her own policy does work out to be cheaper than the other options then the year's no claims will be a nice bonus, but it's not worth doing it purely to build up her no claims bonus.

bris

Although not illegal you have to take into consideration the fact that both insurers will deny liability if the car gets stolen.


Each will say claim on the other policy. So in an ideal world they would split the liability but it's insurers they will call foul and refuse the claim.

DUTR

Aretnap wrote: »

Go on then, how is taking out a policy in tghe daughter's own name somehow like fronting?

If you can't work that out, you haven't thought it through, she may as well insure a car she has no connection with (sorn) just to build up no claims, I'm sure the underwriters have that covered too.