Insurance - two separate policies

Priapus

There are a couple of posts elsewhere discussing related issues, but I don't see this exact question. I am on a provisional driving license (mid 20s). I want to get a car and get the Insurance policy in the name of my dad znd for me to go onto it as a named driver.
This works out much cheaper I believe.
My question is:

- Can my dad get an insurance policy separate to the policy he has for his own car? Say he is with Axa for his car. But for this second car, we go with say Quinn?

- Is there any impact on his existing (and completely separate) insurance policy to doing this?

- Is this legal to do? I can't see why it wouldn't be.

- Anything else to consider?

Any advice would be greatfully received.

No issue but he will have no no claims discount on the 2nd policy. Insurers may not be keen on you being a named driver on the 2nd car. Also named driver implies that you are not the main user of the car. Why not get sorted yourself.

Just re read your post, your mid 20's. Cop on and get your own insurance and stop behaving like a 17 year old.

Priapus

RoverJames wrote: »

Just re read your post, your mid 20's. Cop on and get your own insurance and stop behaving like a 17 year old.

Thanks. Needed advice on second policies.....not growing up though. Reason behind the underlying reason of the questions is irrelevant. If you know the answer, you can share it. Otherwise ignore. Good man

unkel

Priapus wrote: »

- Is this legal to do? I can't see why it wouldn't be

If it were 100% kosher, don't you think everyone would do it?

For your father to be the insured person and you the named driver, the insurance company might assume he is the main user. Should you have a claim and the insurance might find out you are the main user, you might have a problem.

ZYX

Priapus wrote: »

Thanks. Needed advice on second policies.....not growing up though. Reason behind the underlying reason of the questions is irrelevant. If you know the answer, you can share it. Otherwise ignore. Good man

As a provisional licence holder you are obviously going to have a real driver in the car with you at all times. If that person is going to be your dad then being named on their policy seems fair enough.

You could get around all this by just getting a licence.

Priapus

Thanks for that answer unkel. Makes sense what you wrote. It is a risk and obviously the insurance companies are wise to it.

Also, cheers for advice ZYX. Yep - agree, aim of the game is to get full license. That would make life a lot easier ;-)

coolabula

i used to work in insurance, a few years ago mind, so things might have changed but the way it was then, was you can only be the main driver of 1 car at a time and so if you have a named driver on one of those vehicles its safe to assume the name driver is actually the one using the car most of the time.
insurance companies are wise to this idea and whilst 1 insurance company eg AXA would not insure your Dad on 2 cars (with you as a name driver) going to 2 seperate insurance companies is your best option.
However as has been said your Dad will only have a NCB on 1 policy and so will have to start a fresh on the new policy, expensive stuff.

Also I should add that although the insurance companies are happy to take your money, if you unfortunately need to claim from them, they are very quick to look for any reason why they shouldnt pay out, so be careful.

hope that helped

Priapus

coolabula wrote: »

Also I should add that although the insurance companies are happy to take your money, if you unfortunately need to claim from them, they are very quick to look for any reason why they shouldnt pay out, so be careful.

hope that helped

Thanks Coolabula. That does help a lot. Sounds to me like the saving (half the price if pops is policy holder, towards if I am) from doing this may be a false economy if a claim were to happen. Not trying to do anything dodgy, at all as I'm not a risk taker.

Thanks for the contributions!

Priapus

Priapus wrote: »

Not trying to do anything dodgy,

You're trying to make an insurance company think that you are a named driver on your Dad's car when in reality you want to insure your car in your Dad's name :rolleyes:

Not dodgy at all.

irisheddie85

if you are in your mid 20's i would start trying to get your own no claims bonus as soon as you can. you may save some money this year but when you get your own insurance you will end up paying more without a no claims bonus

2 Espressi

I was 25 before I started driving, and when I was looking for insurance I was advised that if I was the main driver, and my wife (who had 7 or 8 years driving experience at that time) was on the same policy, then there would be no difference in price whether I was the principal or secondary driver. They said they would prefer the person who would be driving the car the most to be listed as the principal driver, so there was no difference in price. I think that was with Eagle Star. Might be worth checking out.

Oh, and best of luck with the licence!