Wife and I both want car insurance but only one car?

Wife and I both want car insurance but only one car?

Author
Discussion

mekondelta

Original Poster:

682 posts

259 months

Wednesday 25th March 2015
quotequote all
Hi,

My wife has NCD built up and so do I. We want only one car so how do we both keep our NCD? At the moment we have a 'shed' car which never gets used and which we want to get rid of.

Can we both get fully comp on the same car?

mekondelta

Original Poster:

682 posts

259 months

Wednesday 25th March 2015
quotequote all
Previous discussion

Looks like can alternate policy holders each year and still keep NCD.

Sarnie

8,025 posts

208 months

Wednesday 25th March 2015
quotequote all
This isn't really my area but when one of you completes their application won't they ask who the owner/keeper of the vehicle is? If they say that its them, what will the other person put on their application?

otherman

2,190 posts

164 months

Wednesday 25th March 2015
quotequote all
Sarnie said:
This isn't really my area but when one of you completes their application won't they ask who the owner/keeper of the vehicle is? If they say that its them, what will the other person put on their application?
you don't have to be the owner or keeper to insure a car.

Sarnie

8,025 posts

208 months

Wednesday 25th March 2015
quotequote all
otherman said:
you don't have to be the owner or keeper to insure a car.
Cool, having never insured a car I didn't own, I wasn't sure what would be the response when you said you were neither smile

Claudia Skies

1,098 posts

115 months

Wednesday 25th March 2015
quotequote all
otherman said:
you don't have to be the owner or keeper to insure a car.
But insuring anything in which you have no interest is prohibited. You can get into real trouble that way.

In addition, any insurance contract has a particularly heavy obligation to give full and honest disclosure. It's questionable even to put your parents on a car insurance policy "to reduce the premium" if they are never going to drive the car.

ikarl

3,730 posts

198 months

Wednesday 25th March 2015
quotequote all
Insuring as registered keeper and owner between husband and wife is, generally, fine with insurance companies as both parties have an interest. Obviously. During marriage even though the husband may have bought the car, he done so with 'their' money.

Taking turns each year is quite common

Edited by ikarl on Wednesday 25th March 09:27

Claudia Skies

1,098 posts

115 months

Wednesday 25th March 2015
quotequote all
ikarl said:
Insuring as registered keeper and owner between husband and wife is, generally, fine with insurance companies as both parties have an interest. Obviously. During marriage even though the husband may have bought the car, he done so with 'their' money.
Yes, but that's different from having two policies on the same car. It's one insurance which covers both peoples interests - (1) "liability" of the driver to third parties, and (2) the car itself, plus any possible liabilities of the owner.

[quote]Taking turns each year is quite common
That's the normal solution to preserve 2 x NCD. It's fine because the car has only one policy on it at any given time.

ikarl

3,730 posts

198 months

Wednesday 25th March 2015
quotequote all
Claudia Skies said:
ikarl said:
Insuring as registered keeper and owner between husband and wife is, generally, fine with insurance companies as both parties have an interest. Obviously. During marriage even though the husband may have bought the car, he done so with 'their' money.
Yes, but that's different from having two policies on the same car. It's one insurance which covers both peoples interests - (1) "liability" of the driver to third parties, and (2) the car itself, plus any possible liabilities of the owner.

[quote]Taking turns each year is quite common
That's the normal solution to preserve 2 x NCD. It's fine because the car has only one policy on it at any given time.
Sorry but the very first response was re alternating the policy each year and, quite rightly, no other options have been offered up.

Don't think anyone would give advice re two policies on one car.

randlemarcus

13,507 posts

230 months

Wednesday 25th March 2015
quotequote all
Sigh, all of these excellent helpful answers. The Manmaths answer is obviously to buy a nice little two seater for you to use.

Claudia Skies

1,098 posts

115 months

Wednesday 25th March 2015
quotequote all
Best suggestion yet!! driving

throt

3,038 posts

169 months

Wednesday 25th March 2015
quotequote all
I have a lease car for my business and have 3 girls on the insurance as named drivers via Direct Line. I was told they all can build there NCD, with no claims from them obviously. Plus they all have different excess amounts due to there ages and if one has a bang all other drivers are safe, obviously.

Elderly

3,486 posts

237 months

Wednesday 25th March 2015
quotequote all
Sarnie said:
otherman said:
you don't have to be the owner or keeper to insure a car.
Cool, having never insured a car I didn't own, I wasn't sure what would be the response when you said you were neither smile
I've just spent a ridiculous amount of time phoning brokers and insurance companies attempting to insure a car that I am going to be looking after whilst my son-in-law (you've just re-mortgaged him Sarnie smile) has temporarily no use for .......... nobody will cover it unless I become the registered keeper.

Zigster

1,636 posts

143 months

Wednesday 25th March 2015
quotequote all
Two policies on one car would be problematic - if it gets stolen, which policy pays out? I don't think that is feasible in practice.

When we got a second car, my wife (who had always been insured as a named driver on our joint car for which I was the policyholder) was given a pretty good no claims discount on the grounds that she had never made a claim while driving our joint car. That would be a much easier (and cheaper?) solution than two policies.

But I still think the idea of a little 2-seater is the better option - how much would an old MX5 be now ... smile

98elise

26,377 posts

160 months

Thursday 26th March 2015
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Elderly said:
Sarnie said:
otherman said:
you don't have to be the owner or keeper to insure a car.
Cool, having never insured a car I didn't own, I wasn't sure what would be the response when you said you were neither smile
I've just spent a ridiculous amount of time phoning brokers and insurance companies attempting to insure a car that I am going to be looking after whilst my son-in-law (you've just re-mortgaged him Sarnie smile) has temporarily no use for .......... nobody will cover it unless I become the registered keeper.
My partner insures our mondeo. The insurance says she is neither the owner or keeper (as I am legally both).

Elderly

3,486 posts

237 months

Thursday 26th March 2015
quotequote all
98elise said:
My partner insures our mondeo. The insurance says she is neither the owner or keeper (as I am legally both).
/\ this. A partner appears not to be a problem.

Foliage

3,861 posts

121 months

Thursday 26th March 2015
quotequote all
Good excuse for a sunday car or a classic if you ask me wink

Phateuk

751 posts

136 months

Friday 27th March 2015
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Elderly said:
98elise said:
My partner insures our mondeo. The insurance says she is neither the owner or keeper (as I am legally both).
/\ this. A partner appears not to be a problem.
I'm neither the owner nor the registered keeper of my lease car, and had no issues insuring. What reason did they give?

Elderly

3,486 posts

237 months

Friday 27th March 2015
quotequote all
Phateuk said:
I'm neither the owner nor the registered keeper of my lease car, and had no issues insuring. What reason did they give?
Lease car is not a problem either.

otolith

55,899 posts

203 months

Friday 27th March 2015
quotequote all
Elderly said:
/\ this. A partner appears not to be a problem.
Often not. Depends on the insurer.