Insurance (3rd vehicle) - Legal question...?
Discussion
Guys, some help and advice, not sure if any one has stumbled over this point in the past, regarding insuring a third car. Let me explain the situation. I've currently got an Audi (11yrs - no claims) and Trev (11yrs - no claims - on a classic policy).
I'm currently looking at buying (with a friend) a 205 GTI for track days. With insurance for the Trev for track days amounting to about c£150 through CCC, and general cost of brakes, tyres, etc, we thought a cheap GTI (that would could share) would be a good laugh, and my mate hasn't really got a car suitable for the track.
Question is this. If we register the car in (lets say) his Dad's name (different address), as we both have insurance on our cars, which covers 3rd party driving of cars not owned by ourselves, are we OK to drive the other car legally (not fussed about Fire & Theft cover.)
Someone has told me that yes this is fine, but the registered owner of the vehicle has to insure it (ie his Dad). I've checked with a couple of insurance companies, and have received mixed responses..? Who do I ask..?
And with the car not actually being insured, how do you get tax..? (An insurance company I spoke to actually said to get a policy, and then cancel it straight away when you receive the cover note, hence you can then tax it)
I'm not trying to avoid or cheat anyone, just begrudge paying all these insurance policies, when I can only drive 1 vehicle at a time. (oh also got 6 yrs no claims on the M/Bike as well - I really don't want a 4th insurance policy, it's starting to get silly..!!)
I'm currently looking at buying (with a friend) a 205 GTI for track days. With insurance for the Trev for track days amounting to about c£150 through CCC, and general cost of brakes, tyres, etc, we thought a cheap GTI (that would could share) would be a good laugh, and my mate hasn't really got a car suitable for the track.
Question is this. If we register the car in (lets say) his Dad's name (different address), as we both have insurance on our cars, which covers 3rd party driving of cars not owned by ourselves, are we OK to drive the other car legally (not fussed about Fire & Theft cover.)
Someone has told me that yes this is fine, but the registered owner of the vehicle has to insure it (ie his Dad). I've checked with a couple of insurance companies, and have received mixed responses..? Who do I ask..?
And with the car not actually being insured, how do you get tax..? (An insurance company I spoke to actually said to get a policy, and then cancel it straight away when you receive the cover note, hence you can then tax it)
I'm not trying to avoid or cheat anyone, just begrudge paying all these insurance policies, when I can only drive 1 vehicle at a time. (oh also got 6 yrs no claims on the M/Bike as well - I really don't want a 4th insurance policy, it's starting to get silly..!!)
hmmm.. The car has to be insured on its own policy if it's ever parked up unattended on public land/roads. Also, you'd have to show at least a covernote identifying the car to buy road tax. For the latter purpose though, a temporary attachment to your other policy for a week would do it..
Have you thought about a limited mileage policy? Should be reasonable given that you apparently have an exemplary record.. (and are a bit of a smart arse at the old karting
) you should be able to get it pretty cheap for 3k miles going to and from tracks..
If you were thinking about an F/G plated 205 GTi for example, you could probably insure it as a future classic... speak to Classicline in that resepct..
The policy I have on the S2 (F reg) says that this policy includes track day cover for any car over 10 years old.. might save a quid or three.. ?
That's with Royal Sun Alliance thru Classicline..
HTH
>> Edited by CarZee on Thursday 21st November 18:48
Have you thought about a limited mileage policy? Should be reasonable given that you apparently have an exemplary record.. (and are a bit of a smart arse at the old karting
) you should be able to get it pretty cheap for 3k miles going to and from tracks.. If you were thinking about an F/G plated 205 GTi for example, you could probably insure it as a future classic... speak to Classicline in that resepct..
The policy I have on the S2 (F reg) says that this policy includes track day cover for any car over 10 years old.. might save a quid or three.. ?
That's with Royal Sun Alliance thru Classicline..
HTH
>> Edited by CarZee on Thursday 21st November 18:48
I renewed the insurance for my 205gti though the Peugeot Gti Autosport club scheme at Adrian Flux. My quote was £500 compared to £900 the year before with a different company. Quite an impressive reduction even though i am 21 (at least i have 3yrs NCB!! - i hate to think what it would be otherwise)
The club has a website (i forget the address...) where you can join (less than £15)
Hope that helps...
The club has a website (i forget the address...) where you can join (less than £15)
Hope that helps...
Much the best idea is to buy a trailer between you and ship it down there, saves all the bother of MOT, Tax, Insurance, Aggro. You should be able to pick one up for a few hundred somewhere. You can then put semi slicks on it, rip out the interior to make it as light as possible and put two bucket seats in it.
Have a good hoon around the track for the cost of the trailer and no hassle
Have a good hoon around the track for the cost of the trailer and no hassle
Beware if going the trailer route to make sure your tow vehicle is legally able to tow the combined weight, to tow a braked car trailer with 900kg car on you may need to buy something bigger.
I refer you to this thread www.pistonheads.com/gassing/topic.asp?t=22227&f=42&h=0
I refer you to this thread www.pistonheads.com/gassing/topic.asp?t=22227&f=42&h=0
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