Car Insurance

Nikster73

https://forums.moneysavingexpert.com/discussion/comment/82115037#Comment_82115037

My son’s new policy begins tomorrow, so don’t want to cancel at this late stage, he has also paid for a year.

I din’t think it would be this difficult to have a separate policy for myself. It’s only a small car ( 2016)

Nikster73

Does anyone have any advice on which companies to contact? I can open a policy via a third party, but thinking it’s best not do do that, as I can’t in put the info anywhere.

MyRealNameToo

Having a second full policy on a vehicle isnt illegal, despite the urban myth, but its unadvisable and could end up costly and almost certainly would slow any claim down.

The "problem" is that both are likely to exclude cover where another policy exists so if the car is stolen both policies potentially respond and so there then becomes a protracted set of conversations over how its going to be shared and would likely result on you both making a claim for 50% of the value impacting the premiums and NCDs going forward.

The bigger issue is if the vehicle has a fault accident with another vehicle, the first thing I do as the insurer of the innocent third party is check MID to see who was the RTA insurer at the time of the incident. Certainly in my day our system could only accept a single response so either we see your or his policy not both. Assuming he was driving and we see your insurance then we start recovery action against your policy and as RTA insurer they cannot refuse to deal with it. In theory at least this would mean your insurers pay out and then ask you to reimburse them because you allowed someone not insured on your policy to drive teh vehicle.

In practice what should happen is that you tell them about the second policy, they tell you off because their policy prohibits this, they go back to me and give me the details of the other insurance. Assuming your son's insurer responds then the case against you is dropped but again if they dont respond (which isnt unrealistic) then its back to your insurer and you having to pay

Nikster73

https://forums.moneysavingexpert.com/discussion/comment/82115766#Comment_82115766

My son’s new insurance policy starts tomorrow, in which Im unable to drive his car. Should I take out a policy tonight via confused.com or a third party? Im so unsure what to do in this situation. I just don’t want to pay £800 to drive a car occasionally.

MyRealNameToo

https://forums.moneysavingexpert.com/discussion/comment/82115958#Comment_82115958

Ultimately its your choice, I can only say the potential consequences of having dual insurance can be.

The alternative is to look at temp policies, which are explicitly intended to be stacked on top of a full policy, so dont have as many problems. Depending how often you are really going to be using it would define the cheaper option