Using own no claims discount on new driver policy

Catherine1971

It’s a minefield out there and just need some advice. My son has just passed his driving test. I have just got him insured on a new policy (policy in my name), he is the main driver and my husband and I are named drivers. I have included my NCD on this policy to make the cost more affordable. Can I still use my NCD on the car I drive too, or is it only valid for one policy? TIA

TadleyBaggie

NCD can be only in use on one policy. 

Aretnap

As above you can only use your NCD on one policy at a time. Also you have to have a specific role on the policy to use your NCD - most insurers will say that you just have to be the policyholder, but some will say that you have to be the main driver.

I suggest you contact the insurer asap to let them know that you've made a mistake. Otherwise it could lead to a declined claim or a cancelled policy, both if which would end up being more expensive in the long run than a policy for a new driver with no NCD.

400ixl

So you are down as the administrator of the policy with your son as the main driver and you and your husband as named drivers.

I am not sure that applying your no claims in this scenario is going to reduce the policy price by much at all. It will also mean that your son is not creating his own NCD on the policy meaning higher costs for future years.

Most importantly, you cannot use the no claims on your own vehicle any more potentially making the position worse as you will be paying more. Do you currently have a current policy on your own car using that no claims discount? If you do, then it is not available to use on your son's car and you are currently committing insurance fraud.

Did you do a comparison of your son being the policy holder / main driver with you both as named drivers? How much cheaper did it work out?