One for the insurance experts

BOWFER

Conversation with someone else here who leases has led to a disagreement about the insurance side of things.
One of our cars (Evoque, if that's relevant), is leased in my name, I pay the bill.
However, it's my wife's car and she is the main driver on the insurance policy with me as a named driver.
My colleague is adamant this is incorrect and insurance should be in my name.
I can see reference to this in other lease company websites where they state the person leasing must also be the main driver, but when looking at the specific Land rover contract hire agreement for our car, the clause about insurance only says "you shall comprehensively insure the vehicle" - which we have.
There is nothing that states I must be the main driver.
So, are we insured correctly?

FYI, I have my own PCP car which is insured in my name as the main driver (wife named driver).

Brie

Having worked for one of the larger insurance companies we were always told that the policy had to be in the name of the main driver rather than who paid for it.  I would expect the same would be expected as you lease it instead of owning it outright.  (surprisingly never came across one of those.....maybe it was the market at the time??)

The reason for the difference is that it is the main driver who is being risk assessed.  The problem was often that Dad with the big pile of pounds would buy a racer for 18 year old son.   The company needs to insure the boy racer not the safety conscious 40-something.

BOWFER

Reading websites of lease companies that do specify the person leasing must also be the main driver, it seems to be that they don't want the risk of the person paying the lease separating from the person who the car is being driven by.
They want them to be one and the same.
They then go onto mention 'accommodation leasing' which allows a person to lease on behalf of spouses and children.
But, like I said, the wording of my specific lease only states it must be comprehensively insured, not that I must also be the main driver.

Herzlos

You can always phone them and ask. Or better email and get it in writing.

BOWFER

Herzlos said:

You can always phone them and ask. Or better email and get it in writing.

I've got a chat transcript from the lease intermediary, in their opinion I'm covered.

Ectophile

Herzlos said:

You can always phone them and ask. Or better email and get it in writing.

The risk there is that you get the answer you don't want.

If their new answer doesn't match the original contract, you're left worse off than before.

Jenni_D

Ectophile said:

Herzlos said:

You can always phone them and ask. Or better email and get it in writing.

The risk there is that you get the answer you don't want.

If their new answer doesn't match the original contract, you're left worse off than before. your position is unchanged because amendments to the contract cannot be made unilaterally.

Fixed that for you.

rudekid48

Rather than worrying about the lease company, you need to check with your insurer - assume that you have declared to them that the vehicle is leased but are they aware that the leaseholder is not the policyholder?  You should check with them as there could be a question around 'insurable interest'...  In all probability it will be fine but that is the one area I would check if I was in your shoes..

sheramber

Who do the insurance have as the registered keeper?

TooManyPoints

Who do the insurance have as the registered keeper?

The RK will almost certainly be the lease company.

Car_54

TooManyPoints said:

Who do the insurance have as the registered keeper?

The RK will almost certainly be the lease company.

True, but the question was whether the insurer knows that.