Insurance and the fallacy of your parents on your policy.

[Integroo]

I think it is commonly thought that having a couple of drivers named on your policy with a long driving history and years of ncb makes your policy cheaper. Just wanted to let you know that it appears this is not always the case.

I rang Admiral up today to get an idea of price for switching from my 1.8 Civic to an S2000. I have a multicar policy with my parents, so I have my own policy, but they are named on my policy. It turns out that removing my parents drops my Civic quote from 606 to 534 and my S2000 quote from 1100 to 894.

One to watch out for.

[Integroo]

I am 25 with two years NCB. My parents are mid fifties with long ncbs.

Interestingly my brother was on the multicar too and he says that having my dad on improved his quotes and having my mum on made them much more expensive. Need to ring them up and run a few quotes with my dad on to see what difference it makes.

[Integroo]

SantaBarbara said:

Price is not everything, quality and service can be important also

I mean the discussion is if I'm with Admiral, how to I get the best price. Not whether I should stay with Admiral.

[Integroo]

Shrimpvende said:

I always had parents on my policy (24yo) but realised a few years ago they actually increase it by a lot! If I had put my dad on my Aston it would have been an extra £600 on a £1k policy. Even on our other cars there was a big difference.

My mum had always been on dads policy just in case, but never actually drove his car. To remove her saved a couple of hundred - daft of us not to check before as if she really had to drive it she would still be covered under her 3rd party extension so zero point keeping her on there.

I am not sure she would be covered under her third party extension - is it not that it doesn't apply to those who have an immediate relationship with you and live with you?

[Integroo]

vsonix said:

My mum's in her mid-70s and it's cheaper for me to insure 'her' car as mine and have her as a named driver than it is for her to have her own policy with or without me named on it. However to all intents and purposes it is my car anyway as I am registered keeper and I do all the maintenance and upkeep.

As the others have said, this sounds like unlawful fronting.

[Integroo]

vsonix said:

a said:

vsonix said:

My mum's in her mid-70s and it's cheaper for me to insure 'her' car as mine and have her as a named driver than it is for her to have her own policy with or without me named on it. However to all intents and purposes it is my car anyway as I am registered keeper and I do all the maintenance and upkeep.

"insure her car as mine" - meaning you've told them that you're the registered keeper, but she's the main driver? Nothing wrong with that.

If you've put yourself as the main driver but insured it at her address, then unless you live together it'll be fairly easy to work out you've lied.

Nope, we do live at the same address.
And we do both drive all the cars. Well, she only drives the auto ones cos of her hip and knee issues but that's neither here nor there.
And I am the policy holder but as named driver she has the right to drive any and or all of the five cars on the policy.
So it's fully above board.

Edited by vsonix on Tuesday 19th September 16:51

You say that, but if one car is really her car and you drive it occasionally, it is still fronting.

[Integroo]

Admiral quoted me around £850 to swap my Civic to an S2000. Great. I sold my Civic. There is a gap between selling my Civic and buying something new. I ring them back up to take my Civic off for the moment. They run a quote on a different S2000. Still £850. Great. They say don't worry, remove the Civic for now, then when you buy a car we can add it on. Okay. They remove the car. Oh we will give you a reference number for the S2000 quote. Great thanks. Can't find it. Oh removing the car means we need to re-run it ... £1350. Which they can kindly bring down to £1120 with discounts. What a pain ...