car insurance for married couples

angelmum

ny husband (34) has been driving for more than 10 years now with no claims bonus, and for more than a year im a named driver on his car ( im on provisional license more than 2 years and im 39 ). we recently bought another car which is on his name at the moment which needs to be insured. what's the best way for us to save on car insurance? (im planning to take the test this summer and hopefully will get the full license)

our latest car insurance provder is advising us to have a separate insurance so he would not loose his no claims bonus but with the quotes w're getting ths seems to be more expensive than having just one insurance. or this way would be cheaper in the long run?

is it really better to put the other car on my name and get a separate insurance( we're onky planning to get third party insurance on ths car as it's already a very old car)


please advise

belcampprisoner

he should insure both cars and have you as named driver

challengemaster

belcampprisoner wrote: »

he should insure both cars and have you as named driver

He'll have 0 NCB for the second policy anyway though.

Dilbert75

Insure the cheaper car in your own name OP - you'll start building up your own NCB and you'll be at no disadvantage compared to your husband as he can't use his NCB on two cars anyway.

ABajaninCork

I've done the same thing. My husband is a named driver on my policy. I am the main driver with the experience as my husband only passed his test in December. I have full NCB , and it is not affected.

djimi

Some companies will offer NCB mirroring, which means that a policy taken out by your husband on the second car will have the same NCB as you have on your main policy. This would almost certainly work out the cheaper option, however a claim on either policy would most likely mean you lose the NCB for both policies.

johndaman66

I'm afraid I don't see anyway around this one other than to bite the bullet and pay the high premium. Your husband would be able to insure two car at the one time but not hold NCB's on both policies at the same time. Insurance companies see right through this, they've being around a long time.

Some companies do offer a discount to couples but its a few quid off for bringing them in additional business much like having your home and motor policy with them. Axa is one example of a company who offered this, certainly up to recently but I'm guessing they still do.

Other than that I would suggest you ring as many providers as possible. Don't just assume the company your husband is with will provide you with the best rate because of all the business your husband might have gave them down through the years. You'd be surprised how many people incorrectly make these sort of assumptions...

Assuming the car is pretty run of the mill I'd imagine the premium cant be overly high for a 39 year old female with a few years named driving experience. Try being a guy in his 20's. First year I took out insurance I paid in excess of €2 grand in my early 20's despite having a full license and the lowest category car to insure.....

johndaman66

djimi wrote: »

Some companies will offer NCB mirroring, which means that a policy taken out by your husband on the second car will have the same NCB as you have on your main policy.

Really djimi? I never knew this was possible. Could you provide me with an example of a company that offers this please. Also, I wonder when the husband puts wife as a named driver onto second policy would the company see through this and not allow?

djimi

johndaman66 wrote: »

Really djimi? I never knew this was possible. Could you provide me with an example of a company that offers this please. Also, I wonder when the husband puts wife as a named driver onto second policy would the company see through this and not allow?

I know the company I am with (Setanta) used to offer it, I havent checked recently if they still do. At the time I looked there was one or two others who also offered NCB mirroring.

I dont think that there is any issue with how a husband and wife insure their cars. If it was a son/daughter then it might be a different issue, but as far as spouses go I dont think it matters who the policy holder and named drivers are.

ABajaninCork

I think Axa and Aviva do as well.

johndaman66

djimi wrote: »

I know the company I am with (Setanta) used to offer it, I havent checked recently if they still do. At the time I looked there was one or two others who also offered NCB mirroring.

I dont think that there is any issue with how a husband and wife insure their cars. If it was a son/daughter then it might be a different issue, but as far as spouses go I dont think it matters who the policy holder and named drivers are.

Thanks djimi. Thats good to know for my own future reference. Not saying your incorrect but I'd still have my reservations if this worked even in the case of a husband/ wife relationship.

In any event I would assume that both cars would need to be in the husbands name. I'm also assuming that strictly speaking the husband should be doing more mileage even in the second car if wife is named driver on it?

the culture of deference

We both have full NCB. When we had 1 car between us we use to insure it in my name one year and her's the next. You lose NCB if its not used for 2 years.

I have full NCB for car and bike, one accident in either and both NCB goes, but you cannot use car NCB for bike and visa versa. NCB is such a con.

Mar4ix

the culture of deference wrote: »

We both have full NCB. When we had 1 car between us we use to insure it in my name one year and her's the next. You lose NCB if its not used for 2 years.

I have full NCB for car and bike, one accident in either and both NCB goes, but you cannot use car NCB for bike and visa versa. NCB is such a con.

I actually never understood NCB , just maybe like a money rocket, ..... as if person got .. let say 5 NCB , no accidents, and he get another second car, does it mean he lost all his skills to drive ? id love to have one little petrol car for driving in city, and other bigger one with diesel engine, to travel around country, or even out to Europe .

In my native country there is similar system but you can split bonuses (discounts) between cars. ... but i never bother, as third party insurance cost near to nothing there.

Nonoperational

It's a reward for not claiming. Nothing to do with your driving. You could crash every day and pay the damages yourself and you'd still get your no claims discount.

angelmum

thank you all so much for your inputs. husband thought that if he insured two cars on his name he'll loose NCB on his car. will start ringing again insurance companies. the cheapest i could get at the moment is with axa. will probably compare the difference on the price on my name or his and if cheaper i'll just be a named driver until i geg my full license.

thanks again