Can I insure different cars with different providers?

[copps18xxx]

Hi, I'm buying a second car and am wondering if I am allowed to insure it with a different insurance provider as this way I can get it 25% cheaper.

Any help much appreciated.

Thank you

[TooMany2cvs]

copps18xxx said:

Hi, I'm buying a second car and am wondering if I am allowed to insure it with a different insurance provider as this way I can get it 25% cheaper

Of course you are.

[eltawater]

Do remember however that not all insurance providers allow No Claims Discount mirroring.

If you're already enjoying the benefit of 5 years NCD on your first car, check with your new insurer whether they will mirror it or if they will insist that you start at zero for your second car. You may find that quoting with zero NCD on your second car bumps up the price significantly.

[LordHaveMurci]

Both my cars are insured with different providers, cheaper than multi car policies.

My OH's car is insured with a 3rd different company.

[lard]

I have 3 cars and a motorbike all insured with different providers! They also all change insurance providers every year so sometimes hard to keep track of, but I usually save £££'s on the "renewal" quote - I'd encourage you to use different providers as it seems the only way to get the best price is to shop around every year, I've found multi-car deals never quite stack up either when you consider the cost of multi-car with mainstream e.g. admiral, vs best price on confused.com for each vehicle....

[Silverage]

I'm in the process of getting one of the Golf GTI lease deals that are about at the moment. My current car is bought and paid for and I don't really want to crystallise a massive loss on it by selling it just a year after I bought it. So even though I don't need two cars, I'm thinking of keeping my current one and just using it every month or so to stop it seizing up.

Does this mean I'd have to insure the Golf with a new policy with no NCD, or are there some insurers that accept you have two cars and let you use your NCD against both policies?

[2 sMoKiN bArReLs]

Silverage said:

I'm in the process of getting one of the Golf GTI lease deals that are about at the moment. My current car is bought and paid for and I don't really want to crystallise a massive loss on it by selling it just a year after I bought it. So even though I don't need two cars, I'm thinking of keeping my current one and just using it every month or so to stop it seizing up.

Does this mean I'd have to insure the Golf with a new policy with no NCD, or are there some insurers that accept you have two cars and let you use your NCD against both policies?

You can't use it on 2, but some will "mirror".

[2 sMoKiN bArReLs]

Silverage said:

My current car is bought and paid for and I don't really want to crystallise a massive loss on it by selling it just a year after I bought it.

But, the loss will only get bigger & you'll also have the running costs?

[Silverage]

2 sMoKiN bArReLs said:

But, the loss will only get bigger & you'll also have the running costs?

I know. I'm having a serious man-maths failure here. I do fancy blasting about in the Golf for a couple of years, but I'm going to be about £7K down if I sell my existing car to WBAC and the like.

[lard]

You can put the second car on a very low milage policy, and also ensure you have it down for social & domestic only - so no commuting at all - no insurance on other cars e.t.c.

also if you have the luxury of a garage, note that my insurance was lower when stated the car was kept on the driveway (guess the theory is that thieves have more time to hot wire a car in a garage out of sight)

[Silverage]

Useful to know. I've withdrawn from the Golf lease now as the price increased by a fair bit overnight from the original quote, so I've dodged the two-car bullet for the moment.

Probably was a bit of a mad idea really. My current car is never going back up in value, so I should have just bit the bullet and sold it.

[silverblade]

Always read the small print evan though it is a nightmare because there might be something in there that might come back and bite you later