Insurance Question

rovers86

I now know not to post again thanks bully boys

Car_54

rovers86 wrote: »

I now know not to post again thanks bully boys

Your post contained two statements of purported fact

Both of those were manifestly untrue, and others pointed that out.

I wouldn't call that bullying.

rovers86

Don't you're making me cry with my poolfr spellsding

rovers86

Insurable Interest
You can't insure something unless you have a vested interest in it. For example, you can insure your house, but you can't take out a policy on a stranger's home if the damage doesn't cause you a financial loss. Legally, taking out insurance on something you don't own is closer to gambling than insurance -- you're making a bet on something happening to the house.

rovers86

Google is your friend girls

AndyMc.....

rovers86 wrote: »

Insurable Interest
You can't insure something unless you have a vested interest in it. For example, you can insure your house, but you can't take out a policy on a stranger's home if the damage doesn't cause you a financial loss. Legally, taking out insurance on something you don't own is closer to gambling than insurance -- you're making a bet on something happening to the house.

But the question was about his partners car not a strangers house.

rovers86

trolllolololololololol

Car_54

rovers86 wrote: »

Insurable Interest
You can't insure something unless you have a vested interest in it. For example, you can insure your house, but you can't take out a policy on a stranger's home if the damage doesn't cause you a financial loss. Legally, taking out insurance on something you don't own is closer to gambling than insurance -- you're making a bet on something happening to the house.

Aretnap explained how this applies to motor insurance in post #20 above: "... you have an insurable interest in any car you drive (as you'll end up paying for any damage you cause it), and certainly in your own third party liabilities, regardless of whether you own the car itself. The need for an insurable interest merely stops you insuring a car you have no connection with at all in the hope of profiting from an accident (eg by taking out a policy on a neighbour's car because you've noticed that he drives badly).

If you don't think you can insure a car owned by a non-married partner then you should probably complain to (to pick an insurer at random) Direct Line, whose assumptions state "The vehicle is owned by you, your spouse, partner, civil partner, your parent, employer or lease company", and seem violate this principle."