Does flexible personal car insurance exist? 10 May 2022 at 8:59PM in Insurance & life assurance 5 replies 81 views

Nickswlon

I don’t have a car but I use a variety of other people’s cars when I need one. 

For example, I might use one friend’s car one day and another friend’s car the next etc, etc

As people like me move away from traditional car ownership, to help protect the environment, do any insurance companies insure people who have access to multiple cars. WITHOUT having to give the registration numbers of the cars each time?

Do any say, “We will insure you for 12 months for any (say) economy group car under 10 years old? 

daveyjp

OP.  What insurance do you currently use when driving other vehicles?

Aretnap

user1977 said:

And typically, the owner's insurance will cover (at least to the legal minimum i.e. third party) other drivers who have occasional use.

The owner's insurance emphatically will not cover other drivers who have occasional use, unless they are actually named on the policy as additional drivers. 

400ixl

You can get on top insurance policies which rely on the owners cover for fire and theft but cover the insured for driving. Not seen one which is an any vehicle policy, but they likely do exist in the same way as there are any vehicle policies for the trade.

There may be more demand in the future in cities, but at the moment it tends to be car clubs who are meeting this demand rather than mates loaners.

TELLIT01

Contact a local insurance broker and ask them.  They are the most likely people to know if anything like that is available.

As for the driver's insurance providing basic cover for any driver that is most definitely not the case.  Just watch any of the traffic police TV programmes and you will see how many cars are seized because the driver has borrowed a car and isn't on the policy documents. 

Sandtree

400ixl said:

You can get on top insurance policies which rely on the owners cover for fire and theft but cover the insured for driving. Not seen one which is an any vehicle policy, but they likely do exist in the same way as there are any vehicle policies for the trade.

There may be more demand in the future in cities, but at the moment it tends to be car clubs who are meeting this demand rather than mates loaners.

The top up policies rely much more on the underlying policies than just F&F... its the main policy that covers third party cover in the event of a hand break failure and the car rolling down a hill or act as RTA insurer in the event of a non-named driver taking the car for a prank and running over a kid in the road.

Nickswlon said:

I don’t have a car but I use a variety of other people’s cars when I need one. 

For example, I might use one friend’s car one day and another friend’s car the next etc, etc

As people like me move away from traditional car ownership, to help protect the environment, do any insurance companies insure people who have access to multiple cars. WITHOUT having to give the registration numbers of the cars each time?

Do any say, “We will insure you for 12 months for any (say) economy group car under 10 years old? 

Registration will always be required as its fundamental to how the Motor Insurance Database works and its how the insurer is identified if a driver fails to stop at an accident but the registration is captured... so you would need to give the registration for the day or equiv prior to getting into the car.

At the moment you'd be buying day/short term insurance but the cost of that is much more per day than an annual policy because a lot of the costs marketing/administration etc costs are very similar despite the shorter duration. 

High net worth car insurance does allow you to "drive other cars" but unlike normal insurance it is typically on a comprehensive basis rather than the normal third party only but still works on the principle of you having your own vehicle first (and some offering it only do so if you are also buying HNW home insurance from them).

The question will be if there is enough demand for someone who is really regularly borrowing other's vehicles regularly enough that they are happy to pay an annual fee -v- what is currently available in terms of day rate