quick question - is this fronting?
Discussion
Evening all
wife has fairly knackered Alfa Romeo twin spark. which is SORN'd.
She's just written off my family car, so I'm bringin the Alfa back on the road.
We drive 50:50 in mileage terms: her the more frequent short journeys during the week, myself the longer weekend trips.
So, on to insurnace quotes.
If the vehicle was owned by me, fully comp insurance taken out by me, with her as named driver, who is nominated as "main" driver - costs about £100 less than if she owns and insures the vehicle, with me added as named driver, and her nominated as main driver. All accidents and endorsements disclosed like for like.
Car would be signed over properly - V5, paying the tax etc.
Question - could this be thought of as "fronting"?
As long as my discloses about who is driving are accurate, and I complete the paperwork correctly, can anyone see any issues with this (other than deciding how to spend the £100 I've saved *)
(* Actually, it will have to go on 2 new front tyres, given the 156 destroyed the inner tread of the existing ones)
Thanks,
Ian
wife has fairly knackered Alfa Romeo twin spark. which is SORN'd.
She's just written off my family car, so I'm bringin the Alfa back on the road.
We drive 50:50 in mileage terms: her the more frequent short journeys during the week, myself the longer weekend trips.
So, on to insurnace quotes.
If the vehicle was owned by me, fully comp insurance taken out by me, with her as named driver, who is nominated as "main" driver - costs about £100 less than if she owns and insures the vehicle, with me added as named driver, and her nominated as main driver. All accidents and endorsements disclosed like for like.
Car would be signed over properly - V5, paying the tax etc.
Question - could this be thought of as "fronting"?
As long as my discloses about who is driving are accurate, and I complete the paperwork correctly, can anyone see any issues with this (other than deciding how to spend the £100 I've saved *)
(* Actually, it will have to go on 2 new front tyres, given the 156 destroyed the inner tread of the existing ones)
Thanks,
Ian
Don't see any problem with any of this, but only the insurance company can confirm.
I own and am RK of both our cars, the one my wife mainly uses had her as main driver. A couple of years ago I switched the policy on her car into her name, simply to make sure she always had the safety net of DOC cover, after her Dad tried to get her to drive his car because "fully comp" means "any driver".
Our insurer (LV=) told me for a husband and wife they don't care who is declared as RK, main driver or policyholder.
ETA: When I say "don't care" that doesn't mean the premium will be the same - it went down slightly on her car when she became policyholder (with me still as owner and RK).
I own and am RK of both our cars, the one my wife mainly uses had her as main driver. A couple of years ago I switched the policy on her car into her name, simply to make sure she always had the safety net of DOC cover, after her Dad tried to get her to drive his car because "fully comp" means "any driver".
Our insurer (LV=) told me for a husband and wife they don't care who is declared as RK, main driver or policyholder.
ETA: When I say "don't care" that doesn't mean the premium will be the same - it went down slightly on her car when she became policyholder (with me still as owner and RK).
Edited by Sheepshanks on Sunday 23 November 22:35
OK, thanks for those thoughts.
The price comparison site I've been using does ask the question which of the drivers (ie proposer and named) is the "main" driver, but I appreciate this seems odd situation.
I could always call them - I still need to find out what happens to my current policy - which is about 5 weeks in, with my car being declared a write off (although the value is only £700 so I'm not particularly upset).
I suspect that policy has now "ended", but I should ask them about whether I can switch cover to our remaining car. Any fees and extra premiums are likely to be less than a whol new policy fee.
cheers,
Ian
The price comparison site I've been using does ask the question which of the drivers (ie proposer and named) is the "main" driver, but I appreciate this seems odd situation.
I could always call them - I still need to find out what happens to my current policy - which is about 5 weeks in, with my car being declared a write off (although the value is only £700 so I'm not particularly upset).
I suspect that policy has now "ended", but I should ask them about whether I can switch cover to our remaining car. Any fees and extra premiums are likely to be less than a whol new policy fee.
cheers,
Ian
Ian Geary said:
I suspect that policy has now "ended",
I've no direct experience of this but have seen various comments of some insurance companies ending policies once they write off the car, or only allowing 30 days for the policy to be switched another car, otherwise they cancel it.Sheepshanks said:
Don't see any problem with any of this, but only the insurance company can confirm.
I own and am RK of both our cars, the one my wife mainly uses had her as main driver. A couple of years ago I switched the policy on her car into her name, simply to make sure she always had the safety net of DOC cover, after her Dad tried to get her to drive his car because "fully comp" means "any driver".
Likewise. For years everything was in my name but with my o/h declared as the main driver on the one in which she did lots of local journeys whereas I did a handful of long distance trips. Then I did the same as you but for a different reason: so that she could build up her own NCD.I own and am RK of both our cars, the one my wife mainly uses had her as main driver. A couple of years ago I switched the policy on her car into her name, simply to make sure she always had the safety net of DOC cover, after her Dad tried to get her to drive his car because "fully comp" means "any driver".
Sheepshanks said:
Our insurer (LV=) told me for a husband and wife they don't care who is declared as RK, main driver or policyholder.
What insurers are primarily interested in is risk, not a paperwork exercise. LV= are quite sensible about this. Mine couldn't care less either: others have silly in-house rules about whose name is on the V5C etc. Sheepshanks said:
When I say -don't care- that doesn't mean the premium will be the same - it went down slightly on her car when she became policyholder (with me still as owner and RK)
AFAIK insurers are forbidden by EU rules from taking gender into account when setting a premium.Red Devil said:
Then I did the same as you but for a different reason: so that she could build up her own NCD.
"Her" car's policy carried its own NCB so it just fully transferred to her.Red Devil said:
AFAIK insurers are forbidden by EU rules from taking gender into account when setting a premium.
I was confused about that too but I guess age / job (that's about it, I think?) of policyholder could have made a difference. I didn't feel minded to make a fuss about a decrease, but of course would have kicked off if it had gone up!Edited by Sheepshanks on Sunday 23 November 23:20
There would need to be a legal definition of "main driver" I suspect for this to go one way or the other.
Without a legal definition, if it came to court I'm no lawyer but it seems reasonable for main driver to be either the one who does more miles or the one who uses the car most days.
Interesting question but if you ask insco I bet they'll say whichever causes the largest premium.
Without a legal definition, if it came to court I'm no lawyer but it seems reasonable for main driver to be either the one who does more miles or the one who uses the car most days.
Interesting question but if you ask insco I bet they'll say whichever causes the largest premium.
DrDoofenshmirtz said:
The 'Main driver' will get the NCB.
Wrong. The policyholder will get the ncb, regardless of being the main driver or not.OP, insurers couldn't car less about main/not main driver/policyholder between husband and wife of similar age. It's parents/children where fronting is an issue. Configure it in whatever way is best for you.
DrDoofenshmirtz said:
TwigtheWonderkid said:
DrDoofenshmirtz said:
The 'Main driver' will get the NCB.
Wrong. The policyholder will get the ncb, regardless of being the main driver or not.I'm fairly sure I'm right...but happy to be proved wrong.
thescamper said:
Another LV customer and I can confirm they dont care where the couple are classed as 'married', we are actually in a slightly worse position as first one out takes which ever car is on the back of the drive, so there genuinely isnt a main user on either car.
Also here. I was genuinely unsure who used our RR more. Depends on whether you are judging by distance or number of times driven.... They helped with my clarity asking who did the school run more.....Gassing Station | Speed, Plod & the Law | Top of Page | What's New | My Stuff