Insuring a car which I am NOT the registered owner of.

aarshad

Hello there,
My wife has currently had her car insurance renewal quote and it has almost doubled. This is because she was hit by another car, last year, whose driver was not the insured driver (it actually belonged to her brother who is now claiming he gave permission for her to drive). Anyhow the claim remains unsettled. At the time of the claim, she was informed her no claims (1 year) would be unaffected but because the claim remained unsettled , it has been.

Sorry about that long winded explanation.Now for my point...........

As a means of reducing the insurance renewal cost, can I get a new insurance policy for my wife's car even though I am not the registered owner, and have my wife as a named driver ?

Will this affect my premium on my own insurance policy?

Thanks

DaisyFlower

Your wife would still have to declare the accident regardless of whos name the policy is in.

If you already have insurance on a car, you cant be the main user on both and "fronting" is illegal. Also, there may be an issue with commuting use dependent on who you declare to the the main user. Not to mention the fact that a second car will have no ncb so may not be cheaper anyway.

brazilianwax

Not usually an issue between husband and wife - it's quite usual to share 2 cars, and there's a legal relationship between you (so it's not technically 'fronting').

She would have to declare the accident as the named driver too. Are you already named on her insurance?


(My husband and I have 2 cars, and insure one each. I drive them both more than my husband at the moment, and they aren't necessarily insured in the keepers name, but it's no problem )

jennifernil

My husband is the main driver on both our cars, on the insurance and in fact. One he uses for occasional work and lugging stuff around, I rarely drive it. The other I use once or twice a week, driving maybe 25 miles in total, but when we go on holiday he always drives, and we do 12000 miles per year

Steve1981

DaisyFlower wrote: »

Your wife would still have to declare the accident regardless of whos name the policy is in.

If you already have insurance on a car, you cant be the main user on both and "fronting" is illegal. Also, there may be an issue with commuting use dependent on who you declare to the the main user. Not to mention the fact that a second car will have no ncb so may not be cheaper anyway.

sorry but this is incorrect as Brazilian wax stated - you cant front a policy between husband and wife - either can be policyholder either can be owner either can be main driver.

husband and wife in british law are the same legal entity so whats yours is hers and visa versa, therefore you DO have an insurable interest in the vehicle.

Also by chaging the person who made the claim to the addition driver as oposed to policyholder will have less of an impact, it might be worth asking if the company would allow spouse to 'give' you any no claims that she has, this way you benefot from less of a loading for the claim and also from the discount thats was in her name. win win situation;)

joseph21_2

Will the insurance company charge the main driver with my son in on the as the fully comprehensive second driver. I now have a second car wih my son as second driver and will be driving both until i sell it.

DaisyFlower

I am well aware a car owned by a spouse is a joint asset. However the transferral of the policy into her husbands name where she is clearly the main driver is misrepresenting the risk - not due to the owner but on the actual main driver based on the info given by the OP.

dunstonh

You still have to specify the main driver regardless of spouse and the policy owner cannot use the NCD from their other policy on this one. So, it would work out more expensive as this would be treated as a second car with no NCD on it.