Joint ownership for my twins first car

Dr_Crypto

Perhaps the easiest thing is for the parent to be the owner and RK. Insurance in one of the twin’s names and the other as a named driver (and perhaps the parents too assuming they drive it). Could alternate the twin who runs the policy so they both build a NCB albeit slowly. 

ieb688

pramsay13 said:

How about a car that is half as good for each of them?

But then you end up with double the cost, tax, mot, maintenance, especially if getting older cars. 

ieb688

One car but they would have their own policy’s 

Car_54

ieb688 said:

One car but they would have their own policy’s 

Double the cost, for no discernable benefit?

Grumpy_chap

I am not sure you can sensibly have two insurance policies on one car.  It might be clear which policy applies in the event of an accident with a driver in the car, but which policy would apply if the car is hit whilst parked, stolen or something similar while unattended?

born_again

RK & insured by parent.
With BOTH children as named drivers.

I can see this getting very messy very quickly.

God help if there is a ins claim....

NBLondon

If the twins are one of each biological sex; would it make a difference for insurance purposes?  (i.e which is Main Driver and which is Named Driver) - then simpler for Main Driver to also be RK as long as they don't fall out - go to university in far distant places etc.
If the twins are identical - how much fun could they have denying tickets "No, it's not me in that photo it's my sibling...."

Belenus

NBLondon said:

If the twins are one of each biological sex; would it make a difference for insurance purposes?  (i.e which is Main Driver and which is Named Driver) - then simpler for Main Driver to also be RK as long as they don't fall out - go to university in far distant places etc.
If the twins are identical - how much fun could they have denying tickets "No, it's not me in that photo it's my sibling...."

Just in case anyone takes that joke seriously, that would be great fun until one or both twins go to prison for perverting the course of justice.