Insuring a leased car

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TwigtheWonderkid

43,599 posts

151 months

Thursday 9th May
quotequote all
Sheepshanks said:
Sargeant Orange said:
Resurrecting this thread after a bizarre conversation with Tesco insurance today, and trying to the change the vehicle on my policy from one I had owned to one that is now leased (PCH).

They are adamant that they will not cover my vehicle if I state the lease company is the registered keeper of the vehicle.

The CS agent said "in our experience 9 times out of 10 the policyholder will be the RK on a leased vehicle". That's not my experience over the 5 or 6 PCH leases I've had, having never had a V5 or had to pay the tax. Rang my lease company who confirmed they remain the owner and RK.

So it seems I'll have to go elsewhere for insurance, which is frustrating as they are £80 less than anyone else.

It got me thinking I can't be the only one in this situation. Anyone else come across it?
I think that’s been the case for years with Tesco - seen it mentioned a few times.
Tesco never used to insure leased cars, but they then dropped that restriction. Obviously claims stats on leased cars haven't gone well for them if they've reinstated their refusal to cover leased cars.