Ex-wife named driver-cheaper premium - illegal?

[Fastchas]

dandarez said:

Trax said:

Fastchas said:

Update on this thread as my renewal came in.
I was amazed at the renewal price that came last week so called them to discuss, they dropped the price from £469 to £407 (47yo, 320D touring, quieter side of Aleppo it seems, considering the price).
I queried the issue about the ex and ex was not updated on the insurance as not being my partner living at my address any longer.
In the insurers interest, the wife living at the same address is likely to take on the share of driving, designated driver etc so the risk is lower than myself, single, living on own.
With this in mind, the premium shot back up to £478, but dropped slightly to £470 with her as a named driver.

So what happened? You took the ex-wife off, and it jumped back up to £478 from £407, but when you added her as a named driver, rather than spouse, it dropped to £470?

If thats the case, then spouse reduces policy more than a named driver, which makes sense on a risk basis. Of course, they dont ever have to drive, despite some people pretending they know what they are talking about saying they do.

Re the bold

However, as it seems the renewal shot up in price, hence op phoning insurer, begs the question (especially in today's market), why on earth did he not 'shop around'?

I do it annually now if needed. Renewal comes in (higher, naturally, always!). Get in touch, what's the reason for the hike, nothing has changed except (in my favour) I have another year's no claim? So, what's the best you can do? If lowered enough, fine, go ahead. If not, I'm off to shop around. I have always got a sometimes substantially better deal if my insurer won't drop it enough. Insurers don't care, they know the next one along will pay for what they lose with me!

Insurers also know the majority will just carry on, hence the renewal magic line, you 'don't need to do anything, so the money just goes out of your account' - what wallies!
I concede that a majority of motorists simply do not have the time, nor the inclination, to 'shop around'. We are all too busy leading hectic lives. But they are the same ones who complain about the cost of everything!

Mine is due in the New Year. The minute I get the renewal I will be on the phone (using their 'free' line, easily found if you have the time and inclination!). I'm betting it will have gone up at least a hundred quid or more. They just try it on. Because the know the majority will just sigh, moan, and pay up.
DON'T!

I generally haven't shopped around the last few years. I'm with Churchill and have been 9 years now. When I have shopped around NO-ONE else has come close. Yesterday, I shopped around, albeit without putting a named driver on. Figures are;

Direct line - £650
tesco - £780(!)
Compare Meerkat - cheapest quote was £680 (can't remember the insurer but nobody I'd heard of)

Looks like I'll be going back to Churchill then!

[BertBert]

so that feels like a nice tidy story with a happy ending!

[Centurion07]

kiethton said:

Adding my dad onto my motorbike insurance lowers the cost by ~£300 (£950 - £650), he has no disclosable claims, or points etc.

He also can no longer ride a motorbike owing to limited wrist mobility and my mum's nagging following a rather nasty motorbike accident 6 years ago

Win, Win

THAT'S FRAUD!!!!11!!!1!1


Apparently.

[JMF894]

hora said:

You are gaining a financial advantage fraudulently.

Bull

[66mpg]

Adding a second driver to get a lower premium was first suggested to me by a former colleague who had added his neighbour to a policy. His explanation was that the insurer views a vehicle with multiple drivers a lower risk because each driver will be aware of inconveniencing the other if the car is out of action due to to being involved in a crash and so take fewer risks.

When my wife and I separated I went from being a named driver on her insurance to insuring my own vehicle. I added her to my policy as I can easily cycle to work so I would be prepared to lend her my car if hers was out of action. To date she has not driven it but the offer still stands so she stays on the policy.

[TwigtheWonderkid]

66mpg said:

Adding a second driver to get a lower premium was first suggested to me by a former colleague who had added his neighbour to a policy. His explanation was that the insurer views a vehicle with multiple drivers a lower risk because each driver will be aware of inconveniencing the other if the car is out of action due to to being involved in a crash and so take fewer risks.

When my wife and I separated I went from being a named driver on her insurance to insuring my own vehicle. I added her to my policy as I can easily cycle to work so I would be prepared to lend her my car if hers was out of action. To date she has not driven it but the offer still stands so she stays on the policy.

You fraudster!!!