Can't insure car

Strip

My wife has a company car, her company have taken me off the insurance, I have a van that I have comerical insurance on , my problem is my insurance won't cove a private car and I can't take out a policy on her car as it is not in my name . What is the best way for me to insure her car ????
Thanks in advance

mistress_gi

Open insurance is the way to go! Try allianz they will do it

corktina

taking you off the Company Insurance implies that you no longer have permission to drive their car. I think you need to look into this more fully

lomb

Your not an employee of said company though, your wife is. There isn't really any reason therefore you should be driving her car. I guess that is the way they look at it as they took you off said policy.
Having said that you may be covered to drive any private car that you don't own under your own policy THIRD PARTY ONLY (no cover on car so if its the typical 25/30k repmobile you could be up the creek if you write it off)
If your company doesn't have it Im sure if you change your van insurance to some other company they will include it. Just shop around and then cancel your policy.

punisher5112

Commercials policy won't let you drive private motor.

If you had a normal motor policy and had open drive on your own you could drive but would only be 3rd party.

lomb

Buy another private car. Used cars are really are for peanuts these days. I cant understand how they are so cheap. In the States or Continental Europe you would pay 4 k for a car that's worth 1500 here. They are also surprisingly good. My 02 is better than a new car in terms of how it feels and looks. Its also safe and reliable. I doubt you could say that years ago ,I read one guy bough a brand new Austin and it had rusty panels out of the showroom!

corktina

punisher5112 wrote: »

Commercials policy won't let you drive private motor.

If you had a normal motor policy and had open drive on your own you could drive but would only be 3rd party.

you would still need the Owner's permission

guil

punisher5112 wrote: »

Commercials policy won't let you drive private motor.

If you had a normal motor policy and had open drive on your own you could drive but would only be 3rd party.

Open driving would cover anyone over 25 with a full licence to drive on your policy. It has nothing to do with driving others cars, that's a third party extension.

oldyouth

corktina wrote: »

taking you off the Company Insurance implies that you no longer have permission to drive their car. I think you need to look into this more fully

Agreed. If you somehow secured a policy that had driving of other cars and had a smack, your wife's employers might take a dim view and her job could be at risk. Also, you don't have their permission to drive it

djimi

Strip wrote: »

I can't take out a policy on her car as it is not in my name . What is the best way for me to insure her car ????

Im fairly sure that this does not apply to a married couple, ie both of you can take out a policy on a car that is registered in either of your names. Being married, you both have an insurable interest in the car either way.

Edit: I may have read this wrong actually. By her car do you mean the company car, or has she another car in her name?

emeldc

djimi wrote: »

Im fairly sure that this does not apply to a married couple, ie both of you can take out a policy on a car that is registered in either of your names. Being married, you both have an insurable interest in the car either way.

Edit: I may have read this wrong actually. By her car do you mean the company car, or has she another car in her name?

It's not the wife's car, it belongs to the company. You cannot insure something that does not belong to you. End of.
I think it's unusual for the 'company' to take you off the insurance. The policy usually covers the insured and their spouse, so is it your wife's company or the insurance company that have clamped down.

coylemj

emeldc wrote: »

I think it's unusual for the 'company' to take you off the insurance.

'Exceptional' is the word I'd use. Most insurance companies are more than happy to include the spouse in cover because it ensures that the person with less or no drink on them drives home after a night out. It also means that they can share the driving on long journeys.

OP, is there a reason why the insurance company took you off cover?

Strip

I have the permission of the company once I have insurance ,my van insurance won't cover me as it a private vehicle . Looks like all I can do is insure another car but this will cost a lot because I have to buy a car and start a new insurance policy , I can use my commercial insurance no claims bonus on a private vehicle , so insurance won't be cheap . Thanks for all the replys

Strip

The company own the car and cut back are why I was taken off the insurance

emeldc

Strip wrote: »

The company own the car and cut back are why I was taken off the insurance

IMO THATS BULL****.
Either way you can't insure someone else's property. You have no financial interest in that car. It's not yours. It can't be done.

coylemj

emeldc wrote: »

IMO THATS BULL****.
Either way you can't insure someone else's property. You have no financial interest in that car. It's not yours. It can't be done.

There is no legal impediment to taking out third party insurance on a car you don't own, companies do it all the time for cars they have leased for their employees.

If my car is temporarily off the road, I can walk into a garage and rent a replacement car and have my insurance temporarily transferred to it. I don't own the car but my policy can cover me to drive it.

Car insurance is not like home insurance. With a third party policy you are insuring the use of the car, not the asset itself.

mickdw

emeldc wrote: »

You have no financial interest in that car. It's not yours. It can't be done.

So you cannot insure a dealers car for a week?
You cannot possibly be covered to drive other cars as you dont have a financial interest in them?

It is overly simplistic to say it cant be done. It is possible to get cover, declare the other ownership of the car and any payment will be made to the actual owner.

emeldc

coylemj wrote: »

There is no legal impediment to taking out third party insurance on a car you don't own, companies do it all the time for cars they have leased for their employees.

If my car is temporarily off the road, I can walk into a garage and rent a replacement car and have my insurance temporarily transferred to it. I don't own the car but my policy can cover me to drive it.

That's temporary insurance. Completely different to what the OP is looking for.

mickdw wrote: »

So you cannot insure a dealers car for a week?

No you can't. Not unless you have fully comp insurance to cover the value of the replacement car and can transfer it temporarily

coylemj

emeldc wrote: »

Either way you can't insure someone else's property. You have no financial interest in that car. It's not yours. It can't be done.

So how can company A lease cars from (leasing) company B and then pay for insurance for their (company A's) employees to drive them?

Company A is paying insurance to cover property it doesn't own and that happens all the time with company cars and vans.

mickdw

So to take another angle. The OP buys a cheap car. Gets driving other cars with full comp cover on the extension also as AXA and others offer. IF the OP then has permission from the car owners and his driving other cars extension covers him fully comp, is he then covered to drive the car?

Supergurrier

mickdw wrote: »

So to take another angle. The OP buys a cheap car. Gets driving other cars with full comp cover on the extension also as AXA and others offer. IF the OP then has permission from the car owners and his driving other cars extension covers him fully comp, is he then covered to drive the car?

Nopr because company vehicles on a company only employees are fully covered.

emeldc

coylemj wrote: »

So how can company A lease cars from (leasing) company B and then pay for insurance for their (company A's) employees to drive them?

Company A is paying insurance to cover property it doesn't own and that happens all the time with company cars and vans.

The leasing company retains ownership of the vehicle for the duration of the contract with the company. But the the insurance policy is different to that of a private motor policy. The company is liable for the value of the car until the end of the lease.
Haven't you ever read on your policy ' as long as the vehicle is not hired or leased by the insured'.

Anyway this is going off topic a bit. I used to look after the replacement cars for a BMW main dealer during the boom. I don't think the rules have relaxed much :rolleyes:

ThisRegard

emeldc wrote: »

. You cannot insure something that does not belong to you. End of.

You can for example in a situation already outlined, a husband can insure his wife's car, and vice versa. Insurance company depending.

emeldc

ThisRegard wrote: »

You can in the situation already outlined, a husband can insure his wife's car, and vice versa. Insurance company depending.

Correct. I'm insured in my wife's car and visa versa, fully comp, because we're married.
But it's not his wife's car.

ThisRegard

emeldc wrote: »

Correct. I'm insured in my wife's car and visa versa, fully comp, because we're married.
But it's not his wife's car.

I know it's not his wife's car. But you said you can't insure something you don't own, end of, when in fact you can.

emeldc

mickdw wrote: »

So to take another angle. The OP buys a cheap car. Gets driving other cars with full comp cover on the extension also as AXA and others offer. IF the OP then has permission from the car owners and his driving other cars extension covers him fully comp, is he then covered to drive the car?

I can't say that type of extension doesn't exist but it was never offered to me. Have you a link.

emeldc

ThisRegard wrote: »

I know it's not his wife's car. But you said you can't insure something you don't own, end of, when in fact you can.

you're twisting this. But I'll explain. Because we are married, I have a financial interest in the car even though she might make the repayments. It is considered a family asset. We are a unit.
On the other hand you cannot insure your next door neighbours Rolls Royce because you do not own it and have no financial interest in it.

K.Flyer

corktina wrote: »

you would still need the Owner's permission

And if you don't have the the owners (your wife's employer) permission and you are in an accident you and your wife could find yourselves in some very deep trouble.
Not worth the risk, buy yoirself a cheap runaround.
I am with Zurich and I have both commercial and private insurance in my own name with them.

ThisRegard

emeldc wrote: »

you're twisting this. But I'll explain. Because we are married, I have a financial interest in the car even though she might make the repayments. It is considered a family asset.

Yes, but you don't own the car, and you wouldn't necessarily have any financial interest in it regards as to how it was paid for. But you can still insure it, to use your phrase, end of.

K.Flyer

ThisRegard wrote: »

I know it's not his wife's car. But you said you can't insure something you don't own, end of, when in fact you can.

Correct, you can insure a car you do not own.
However, you cannot have a car insured with two insurance policies.
Most insurance companies will allow you to temporarily insure a car not in your name, but usually only for a month and as long as there is no other insurance coving the same car.

emeldc

ThisRegard wrote: »

Yes, but you don't own the car, and you wouldn't necessarily have any financial interest in it regards as to how it was paid for. But you can still insure it, to use your phrase, end of.

Ah Jesus, do we have to go through a divorce scenario here to prove that my wife's car would be considered in a final settlement where as if she had a company car, it wouldn't.
I'm off to bed. Good luck with your insurance OP.

visual

Strip wrote: »

My wife has a company car, her company have taken me off the insurance, I have a van that I have comerical insurance on , my problem is my insurance won't cove a private car and I can't take out a policy on her car as it is not in my name . What is the best way for me to insure her car ????
Thanks in advance

Its not her car it is the company she works for car.

You can't insure it nor can you drive it without the company permission.

Even if you had open drive insurance or your insurance gave you 3rd party cover on other cars, you still can't drive car without owners permission.
Your wife isn't the owner so she can't give you that permission.

Strip

emeldc wrote: »

IMO THATS BULL****.
Either way you can't insure someone else's property. You have no financial interest in that car. It's not yours. It can't be done.

It's is not bull , I never said I had any financial interest in the car and my wife has no financial interest in the car but she is still insured to drive it, all I want to do its get some sort of insurance on the car . Thanks for you reply it is most helpfull

billie1b

Its quite simple, get your wifes company to put you on the insurance with your wife, you pay the company the cost of it. You said they don't mind you insured on it or driving it, seems like the easiest and most simple way.

emeldc

Strip wrote: »

It's is not bull , I never said I had any financial interest in the car and my wife has no financial interest in the car but she is still insured to drive it, all I want to do its get some sort of insurance on the car . Thanks for you reply it is most helpfull

You misunderstand me. I think it's bullsh1t that the company have used the cutbacks excuse to take you off the policy. I refuse to believe that the company insurance policy will be any cheaper by taking you off it. It's not in anyone's interest to have a car that might be driven by an uninsured spouse, in fact as long as your wife has a husband I think the insurance company would insist you were covered. Are you the only one that this has happened to or does it apply to all spouses. If it's the former, then I think your not telling us something. If it's the latter, I fear your wife's company might be on the way under.

Maphisto

Strip wrote: »

The company own the car and cut back are why I was taken off the insurance

Couldn't you offer to reimburse the company for that small additional expense of having you as an additional driver?

The company would also seemed to have reduced your wife's remuneration by this move - the car was a benefit and it is now less so.

emeldc

Maphisto wrote: »

The company would also seemed to have reduced your wife's remuneration by this move - the car was a benefit and it is now less so.

That's an excellent point. I think there is more to this than meets the eye.

oldyouth

If you get a policy on a primary vehicle that will allow you drive the company car under the driving of other car extension, that will be for 3rd party only and no use if you cause own damage.

If you take out a comprehensive policy on the car, own damage claims would be paid you you as policyholder, meaning that there is the potential for claim payments under 2 policies and that would be fraud, no matter what your intentions

Strip

This is the case for all spouses across the board , it is a big international company and they won't entertain the idea of me reimbursing them . Thanks for all the ideas

Maphisto

Strip wrote: »

This is the case for all spouses across the board , it is a big international company and they won't entertain the idea of me reimbursing them . Thanks for all the ideas

So they have given everyone an across the board pay cut - must be a great motivational tool especially as they're probably only saving €25pppa

All the best

emeldc

Strip wrote: »

This is the case for all spouses across the board , it is a big international company and they won't entertain the idea of me reimbursing them . Thanks for all the ideas

I'm sorry for your trouble 'Strip', I don't know what else to tell you. It really doesn't make good economical sense to remove all the spouses in order to save a few quid if anything at all.
As an example, my car insurance is actually €50 cheaper with both of us covered as opposed to me being insured on my own. I queried this at the time and was told that if we were both in the car and I became ill, then my wife could take over and get us home safely, thus reducing the risk of an accident because I was ill. It's a simple example but I'm sure you can see the thinking behind it.
Good luck with your endeavours but if your wife's company are that tight, I wouldn't want to scratch their damn car anyway.

oldyouth

Perhaps their fleet insurer has noticed a disproportionate amount of claims coming in from spouses and imposed a loading unless cover was restricted to employees only. That could be a significant amount per annum

ThisRegard

Maphisto wrote: »

So they have given everyone an across the board pay cut - must be a great motivational tool especially as they're probably only saving €25pppa

All the best

They may either be self insured or moved companies for the fleet insurer which is cheaper, but will only cover employees.

djimi

oldyouth wrote: »

Perhaps their fleet insurer has noticed a disproportionate amount of claims coming in from spouses and imposed a loading unless cover was restricted to employees only. That could be a significant amount per annum

Thats exactly what I was thinking.

Also a car that is only insured by the employee and not the spouse is likely to be used a lot less for non-work purposes, and therefore the overall risk is reduced perhaps?

mickdw

emeldc wrote: »

I can't say that type of extension doesn't exist but it was never offered to me. Have you a link.

No but axa offered this extension to me. The guy at the sales desk also said that the other car didn't even need to have an insurance policy on it once it was Road worthy and road legal and I didn't own it. I didn't quite believe this so I rang them up for clear and concise written confirmation of this.
I got a letter back stating that I had fully comp extension to other cars and that the cars did notneed insurance on them as long as nor owned by me. some of these benefits were dropped if driving outside the state and if I remember right, fully comp was excluded if driving high performance cars.

emeldc

mickdw wrote: »

No but axa offered this extension to me. The guy at the sales desk also said that the other car didn't even need to have an insurance policy on it once it was Road worthy and road legal and I didn't own it. I didn't quite believe this so I rang them up for clear and concise written confirmation of this.
I got a letter back stating that I had fully comp extension to other cars and that the cars did notneed insurance on them as long as nor owned by me. some of these benefits were dropped if driving outside the state and if I remember right, fully comp was excluded if driving high performance cars.

Interesting. So if the car in question is worth say €30k and is written off by the owner who may only have 3rd party cover, do you collect the cheque on the fully comp and would you hand it over to the owner. Or, if you were driving and wrote it off, would you compensate the owner with the insurance payout knowing full well that he didn't have it covered anyway.
This is all getting very complicated :rolleyes: