Registered keeper, car tax and insurance

Scrapit

JamoLew said:

Scrapit said:

sweetsand said:

Scrapit said:

Why bother? V5 name has no bearing on insurance.

Of course it does, hence the question every car insurance we have taken out asks!
The  fact is and an it is an  imporant one.
It has every bearing on car insurance EG - car is written off - who gets the cash, the owner or the registered keeper that is not the owner, 
ATB

x

No it doesn't. It really, really doesn't matter.
The insurance will pay out to who is named on the policy.
It really is that simple.
Also when did you last get insurance? What company asked you about the v5? Time to back up your "facts".

This really goes against my instinct of agreeing with her BUT
Esure 100% ask the question:
"Are you the registered keeper of this vehicle" (so in effect are asking about the V5)
Pretty sure it's a question on the meerkats site as well
There is zero price difference but I bet in the even of a claim it could be a very costly oversight

Why would it be an oversight? The insurance premium will be paid by someone. The premium does not need to be paid for by the owner or in this case the registered keeper, so why wouldn't that be OK in reverse?

foxy-stoat

If they do change the V5 then your husband will get a refund for the VED and the Wife will need to re-tax it, loosing part of the month's VED in the process.

I would just inform the insurers that the V5 is in the Husbands name and leave it at that.  Doubt they will charge an admin fee but if they do it will be less than the loss in VED, unless its a £20 a year car.

Scrapit

Meerkats don't ask. Just did a quote.

JamoLew

Scrapit said:

Why would it be an oversight? The insurance premium will be paid by someone. The premium does not need to be paid for by the owner or in this case the registered keeper, so why wouldn't that be OK in reverse?

I think the insurance company could use this as an excuse to not payout - its technically false information you are furnishing them with
Answering yes to a question that the answer is no to generally isn't a wise move with insurers and should be avoided imo
Sure meerkats asked it last time - thanks for checking though, handy to know.
Maybe they changed it or it was one of the other comparison sites (shrug)

Scrapit

Answer falsely and they start to have a reason not to pay however I cant see answering the v5 is in someone else's name(if they ask) would be a valid reason not to pay out.

sweetsand

Scrapit said:

sweetsand said:

Scrapit said:

Why bother? V5 name has no bearing on insurance.

Of course it does, hence the question every car insurance we have taken out asks!
The  fact is and an it is an  imporant one.
It has every bearing on car insurance EG - car is written off - who gets the cash, the owner or the registered keeper that is not the owner, 
ATB

x

No it doesn't. It really, really doesn't matter.
The insurance will pay out to who is named on the policy.
It really is that simple.
Also when did you last get insurance? What company asked you about the v5? Time to back up your "facts".

Totally disagree agree and I strongly advise all that those that are the legally owners of the car/etc ensure the insurance people are aware if the owner is different from the person named on the V5. As i said before about the posters misleading statemented that "it does not mater" it does as if the car was a write off the money would go to the owner and not just the reg keeper and this is why the insurance always ASKS the questions like are you the owner of the car or is the registered keeper different from the owner.
Please look up an insurance app form and this will confirm that the other poster is wrong, you must complete an ins application accurately for that reason
ATB

sweetsand

JamoLew said:

Scrapit said:

sweetsand said:

Scrapit said:

Why bother? V5 name has no bearing on insurance.

Of course it does, hence the question every car insurance we have taken out asks!
The  fact is and an it is an  imporant one.
It has every bearing on car insurance EG - car is written off - who gets the cash, the owner or the registered keeper that is not the owner, 
ATB

x

No it doesn't. It really, really doesn't matter.
The insurance will pay out to who is named on the policy.
It really is that simple.
Also when did you last get insurance? What company asked you about the v5? Time to back up your "facts".

This really goes against my instinct of agreeing with her BUT
Esure 100% ask the question:
"Are you the registered keeper of this vehicle" (so in effect are asking about the V5)
Pretty sure it's a question on the meerkats site as well
There is zero price difference but I bet in the even of a claim it could be a very costly oversight

Hi
I'm sorry you find it hard to agree with the facts but you did and that is what counts 
Every insurance  application we have seen asks that question at least once and I think possibly twice to clarify the difference between the owner and registered keeper.
Thank you.

Jumblebumble

Scrapit said:

sweetsand said:

Scrapit said:

Why bother? V5 name has no bearing on insurance.

Of course it does, hence the question every car insurance we have taken out asks!
The  fact is and an it is an  imporant one.
It has every bearing on car insurance EG - car is written off - who gets the cash, the owner or the registered keeper that is not the owner, 
ATB

x

No it doesn't. It really, really doesn't matter.
The insurance will pay out to who is named on the policy.
It really is that simple.
Also when did you last get insurance? What company asked you about the v5? Time to back up your "facts".

I was under the impression that on my lease car the insurance company would pay the lease company in the event of a total loss even though the insurance is in my name so I believe your assertion is incorrect.

sweetsand

Jumblebumble said:

Scrapit said:

sweetsand said:

Scrapit said:

Why bother? V5 name has no bearing on insurance.

Of course it does, hence the question every car insurance we have taken out asks!
The  fact is and an it is an  imporant one.
It has every bearing on car insurance EG - car is written off - who gets the cash, the owner or the registered keeper that is not the owner, 
ATB

x

No it doesn't. It really, really doesn't matter.
The insurance will pay out to who is named on the policy.
It really is that simple.
Also when did you last get insurance? What company asked you about the v5? Time to back up your "facts".

I was under the impression that on my lease car the insurance company would pay the lease company in the event of a total loss even though the insurance is in my name so I believe  your assertion is incorrect.

Thank you for pointing out to that poster as I have made it clear twice and it is important that people are completing their ins app accurately.
Years ago i wondered why ins applications asked the question usually twice as the car often belongs to the reg keeper but not always and especially these days as soo many cars are leased/etc.
Thank you.

Marvel1

sweetsand said:

empsods said:

Husband purchased a car from a garage in July requesting it to be in wifes name. Insurance arranged in wife’s name, with husband as second driver.
V5 arrives in husbands name. Garage say they will sort, and to give them back the V5 as otherwise if we send off the V5  it will show as another keeper. It’s October now, no V5, concerned that insurance in wife name, registered keeper and I can only assume road tax are in husbands name. If eventually Garage does sort this out and a new V5 turns up in wife name as originally requested, will road tax be affected? Also is insurance currently affected?

Dear OP
Do not worry re road tax as that belongs to the car you are talking about. Therefore even when V5 iscorrected, you have no worries and next tax request will come in your wifes name.

No, the OP needs to check the tax when the V5C arrives with their wife's name, to see if they have they added a new keeper or not.

 https://www.gov.uk/government/news/vehicle-tax-changes

The tax or SORN isn’t passed on when you sell a vehicle or transfer ownership to someone else. This includes giving it to a member of your family.