ferrari insurance for non resident

[orangeLP400]

A friend of mine who lives in South Africa wants to buy a car here and use it for continental and local tours and events. I am happy for him to use my address for the DVLA paperwork but am struggling to find him insurance as a non-resident that covers not just the UK but the continent as well. Has anyone on here had this problem or knows someone from the 'states or wherever who keeps a classic Ferrari here. Or is there an insurance expert on here who can help? Advice/help would be appreciated stephen

[xto]

I think most insurance companies include european covers as standard in the policies, based on a limited number of months. When i took my gtc speed to cyprus it was covered i think for 6 months. Anything longer its deemed as based in that country.

[clorenzen]

Unfortunately this is a known problem with UK insurance companies where you insure the person rather than the car. I would be very cautions with "arranging" anything for friends and family regarding insurance because if anything happens they have all the arguments in the world to renege on the payment. The best thing for your friend is to explain how it is a try (through a brooker) to find an insurance company that would cover him as a SA resident using a car here or on the Continent.

[TISPKJ]

My old man has had similar problems, he is now a swiss resident and had to give up his UK license to get a swiss one.
Still has house and cars in the UK and had a hell of a job to insure without a UK driving license which appears to be the key here, he has now an international driving license (issued in swissy) which has helped.
Cant remember exact details now but he has managed after speaking direct with the underwriters to obtain "proper" insurance but it took a lot of calls and hassle and reminding them he had 100 years no claims etc etc and had been in the UK all of his life bar the last 3 years ish.
They would not even entertain having him as a named driver and me as the policy holder.
I think your friend may find it harder than you think.

[orangeLP400]

clorenzen said:

Unfortunately this is a known problem with UK insurance companies where you insure the person rather than the car. I would be very cautions with "arranging" anything for friends and family regarding insurance because if anything happens they have all the arguments in the world to renege on the payment. The best thing for your friend is to explain how it is a try (through a brooker) to find an insurance company that would cover him as a SA resident using a car here or on the Continent.

Thanks for your comment but please note there is no "arranging" involved and i want it all above board so no brackets please!! i am only trying to help point him in the right direction and help with contacts and info and he will contact and make all arrangements himself. But he has, and i should have mentioned this, a non-uk drivers lisense. I have found a broker who says they can insure him for a UK registered car to drive in the UK but not the continent. But thanks to all for input so far.

[johnnyreggae]

orangeLP400 said:

I have found a broker who says they can insure him for a UK registered car to drive in the UK but not the continent.

I reckon thats illegal under EU law - all car insurance from a member state has to include legal minimum per territory for each member state - the broker does have the possibility not to extend full UK style comprehensive cover

[pork911]

is it all above board if car registered to a friend's address?

[Shmee]

pork911 said:

is it all above board if car registered to a friend's address?

Don't think it matters, car has to be registered to the address where it spends most of its time, whoever's address that is.

[JazzyO]

Hi,

I have personal experience with this, having owned a UK registered Ferrari for 4 years now without living in the UK.

You can register the car in your own name at an address that is not yours (unlike my home country, the Netherlands). This makes things relatively easy to own the car. My car was registered at a friend's address, but that turned out to be a bit of a problem when he broke up and it turned out to be her house.... Anyway, if you have a reliable friend you can register your car there without problems.

Regarding insurance, I was holder of a Dutch driving license, and currently am holder of a Jersey driving license. With either I had no problem, but I think this is only because the UK is part of the EU and has special relations with Jersey. If I was holding an SA driving license, I think I would have had problems.

Under my old policy, the car was not allowed to be out of the UK for more than 3 months at a time, and I had to notify the insurer. I've just started a new insurance policy yesterday and I'm actually not sure what the new policy says. I will have to wait until the papers get here. The cover is actually quite reasonable, I think.


Onno

[TISPKJ]

JazzyO said:

Regarding insurance, I was holder of a Dutch driving license, and currently am holder of a Jersey driving license. With either I had no problem, but I think this is only because the UK is part of the EU and has special relations with Jersey. If I was holding an SA driving license, I think I would have had problems.
Onno

Exactly the problem we had with Dad holding the swissy license who are not part of the EU.

applying for a UK driving license does not help either as you wont have had it long enough, even though he held it previously for 60 years !!