Driving other vehicles - insurance

[dhm1738]

My car insurance policy says I’m permitted to drive other vehicles (third party cover only) provided the vehicle:

(i) does not belong to me;
(ii) is not a rental vehicle;
(iii) is not hired to me under a hire purchase or lease purchase agreement; and
(iv) the owner has provided express consent

My question is whether I am insured to drive a friend’s car that has been bought via a PCP (so technically owned by the financeco until it’s fully settled). I’m not sure whether the use of “owner” in this context is intended just to refer to my friend (the registered keeper) or whether it seeks to specifically require the consent of the finance Co any time the “driving other vehicles” cover is to be valid. Seems a bit off if the latter but welcome any thoughts.

[smokey mow]

The only way to be certain is to ask.

My gut tells me though that you’re probably not covered for the reasons you highlight as your friend is only the keeper rather than the owner.

I can’t imagine the finance company giving consent either as they wouldn’t want their valuable asset to be driven on third party only cover and for them to potentially be left out of pocket in the event of there being an accident.

[ruhall]

As above. I note that most, if not all, of the adverts for various pcp-offers specifically state in their usual high-speed 'cram in all the legals' (as they call the t's & c's) "YOU WILL NOT OWN THE VEHICLE", which addresses your point 4.

[Chris32345]

dhm1738 said:

My car insurance policy says I’m permitted to drive other vehicles (third party cover only) provided the vehicle:

(i) does not belong to me;
(ii) is not a rental vehicle;
(iii) is not hired to me under a hire purchase or lease purchase agreement; and
(iv) the owner has provided express consent

My question is whether I am insured to drive a friend’s car that has been bought via a PCP (so technically owned by the financeco until it’s fully settled). I’m not sure whether the use of “owner” in this context is intended just to refer to my friend (the registered keeper) or whether it seeks to specifically require the consent of the finance Co any time the “driving other vehicles” cover is to be valid. Seems a bit off if the latter but welcome any thoughts.

Almost certainly covered


There probably millions of cars in the road. Under PCP



If it was. A lease car it may be different

[ruhall]

The number on the road is immaterial.

It might even be a condition of whichever contract it's on for it to be covered by comprehensive insurance. It matters not what anybody on here says, each contract will be slightly different and the only way to know is to ask the relevant people.

[SV_WDC]

Perhaps the T&C's have a definition section which defines rental vehicle & also what is owned by a third party.

[Mandat]

ruhall said:

As above. I note that most, if not all, of the adverts for various pcp-offers specifically state in their usual high-speed 'cram in all the legals' (as they call the t's & c's) "YOU WILL NOT OWN THE VEHICLE", which addresses your point 4.

You are confusing PCP finance with leasing.

With PCP, you definitely will own the vehicle if you complete the payments on the finance.