Insuring two jeeps

epfff

Thinking of getting second jeep here

Have any of you 2 jeeps insured in your own name on the farm

If so With who and how is it working for you

kowtow

Don't know about 2 but 1 hilux is costing me just under 3k which I reckon is robbery.

kevthegaff

kowtow wrote: »

Don't know about 2 but 1 hilux is costing me just under 3k which I reckon is robbery.

Were you done for the bag??

kowtow

Not at all. No claims either. Both drivers over 20 years driving.

It's cos we're immigrants innit.

White Clover

kowtow wrote: »

Not at all. No claims either. Both drivers over 20 years driving.

It's cos we're immigrants innit.

Lol

kowtow

White Clover wrote: »

Lol

What really irritates me is that it is three times as much as my dear old mother, who - still living back in England - at nearly ninety parks her little Mercedes in the same place at the supermarket every day, notwithstanding the fact that quite often other people are already parked there.

Her b***dy premiums seem to go down each year.

kay 9

kowtow wrote: »

Don't know about 2 but 1 hilux is costing me just under 3k which I reckon is robbery.

My god. Thought I was bad @ c400 fully comp. Although whilst in the UK the cheapest I could get was 7k tpft. Crazy

Who are you with out of curiosity? I'm assuming you rang around. I had to change from fbd to insuremyvan.ie 05 3.2 pajero

kowtow

kay 9 wrote: »

My god. Thought I was bad @ c400 fully comp. Although whilst in the UK the cheapest I could get was 7k tpft. Crazy

Who are you with out of curiosity? I'm assuming you rang around. I had to change from fbd to insure my van.

FBD and I think we did ring around but this year I'll get a broker to do the farm, jeeps, everything and just tell him to avoid FBD even if they have the best quote. No point in encouraging them.

Dawggone

kowtow wrote: »

What really irritates me is that it is three times as much as my dear old mother, who - still living back in England - at nearly ninety parks her little Mercedes in the same place at the supermarket every day, notwithstanding the fact that quite often other people are already parked there.

Her b***dy premiums seem to go down each year.

Lol.

selectamatic

The most economical way for you to have two jeeps on the road is using the driving of other cars extension on your current policy on your original jeep. As long as the second jeep is taxed and tested and in someone else's name (Wife's, father's, whoever) you can drive it as your insurance extension covers you to do this. The jeep however must not be your primary form of transport i.e your original jeep must also be in use by yourself. I'm assuming since you want a second jeep it's more than likely for farm and rough use while having the other for more everyday stuff if this is the case then this method will work. If your first jeep is a commercial then so too must the second one and likewise if the first one is a passenger vehicle then so too must the second one. Commercial and private policy's cannot be mixed! Some companies give this extended cover as comprehensive however most only offer it as third party. I am also unsure of the availability of trailer cover in this scenario but if the insurance company are offering fully comp driving of other cars then they will most likely cover trailers however I strongly recommend checking with them first and getting it in writing from them. Before anyone wishes to reply with the usual "oooh that's very cheeky" or the "down with this sorta thing" garbage please don't bother, all this is perfectly legal and is in fact the most economical way to be "insured" on another vehicle it is not the best way and I fully understand this but it is the cheapest way by a country mile. The only drawback is an extremely tough garda could charge you with non display however this is a 50 euro fixed charge nothing more and also it is something that is very rarely done and is usually saved for the special cases of 18 year olds driving altezza's and type r's.

Another method would be to get an old passenger jeep from around the pre 1990 era and insure it as a classic as long as it's your second private insurance policy, I don't think having commercial insurance on your primary vehicle qualify's you for this. However this way you are hit with the outrageous tax on a big engine'd vehicle but then again if the Jeep is pre 1985 then tax will only be 56 euro per year however sourcing a pre 1985 jeep in good condition is gonna be an awful headache! Again I am unsure of the issues surrounding trailer cover but it might be possible.

The final options are fleet insurance (although this is very dear since setanta insurance went bust) or getting a second policy on the second jeep however you won't be able to have any no claims bonus as this is tied to your first jeep so costs could be high but then again they might be perfectly reasonable they only way you will know is by ringing round to various insurance companies. In general the crowd you are currently with may give you a slight discount to ensure a second vehicle with them however this will be a small discount but then again every little bit saved is welcome. The first two options are slightly grey area's but when it boils down to it they are legal if you go about it the right way! The final options are better cover wise but could be considerably dearer it just depends on the quotes you get off the insurance companies.

The only true way to know is to ring up the insurance companies and ask as anyone else is only guessing what their quotes might be you could be in luck and get cheap quotes but with the way things have gone in the last 6 months I wouldn't hold my breath!

yellow50HX

epfff wrote: »

Thinking of getting second jeep here

Have any of you 2 jeeps insured in your own name on the farm

If so With who and how is it working for you

Silly question but why do you need 2?

epfff

yellow50HX wrote: »

Silly question but why do you need 2?

Ah sher it would be handy if ya never used it

yellow50HX

epfff wrote: »

Ah sher it would be handy if ya never used it

We'll I have a a car and a van. Car for clean clothes, van for the overalls

Jb1989

yellow50HX wrote: »

We'll I have a a car and a van. Car for clean clothes, van for the overalls

+1

smokey-fitz

epfff wrote: »

Ah sher it would be handy if ya never used it

Handy to fill a gap if anything. AP2014 shtyle :P

aido79

kowtow wrote: »

Don't know about 2 but 1 hilux is costing me just under 3k which I reckon is robbery.

That's mental. I drive a 4 litre Toyota Lancruiser Prado in Australia and pay the equivalent of 500 euro fully comprehensive. How do Irish insurance companies get away with ripping people off like that??

orm0nd

selectamatic wrote: »

The most economical way for you to have two jeeps on the road is using the driving of other cars extension on your current policy on your original jeep. As long as the second jeep is taxed and tested and in someone else's name (Wife's, father's, whoever) you can drive it as your insurance extension covers you to do this. The jeep however must not be your primary form of transport i.e your original jeep must also be in use by yourself. I'm assuming since you want a second jeep it's more than likely for farm and rough use while having the other for more everyday stuff if this is the case then this method will work. If your first jeep is a commercial then so too must the second one and likewise if the first one is a passenger vehicle then so too must the second one. Commercial and private policy's cannot be mixed! Some companies give this extended cover as comprehensive however most only offer it as third party. I am also unsure of the availability of trailer cover in this scenario but if the insurance company are offering fully comp driving of other cars then they will most likely cover trailers however I strongly recommend checking with them first and getting it in writing from them. Before anyone wishes to reply with the usual "oooh that's very cheeky" or the "down with this sorta thing" garbage please don't bother, all this is perfectly legal and is in fact the most economical way to be "insured" on another vehicle it is not the best way and I fully understand this but it is the cheapest way by a country mile. The only drawback is an extremely tough garda could charge you with non display however this is a 50 euro fixed charge nothing more and also it is something that is very rarely done and is usually saved for the special cases of 18 year olds driving altezza's and type r's.

Another method would be to get an old passenger jeep from around the pre 1990 era and insure it as a classic as long as it's your second private insurance policy, I don't think having commercial insurance on your primary vehicle qualify's you for this. However this way you are hit with the outrageous tax on a big engine'd vehicle but then again if the Jeep is pre 1985 then tax will only be 56 euro per year however sourcing a pre 1985 jeep in good condition is gonna be an awful headache! Again I am unsure of the issues surrounding trailer cover but it might be possible.

The final options are fleet insurance (although this is very dear since setanta insurance went bust) or getting a second policy on the second jeep however you won't be able to have any no claims bonus as this is tied to your first jeep so costs could be high but then again they might be perfectly reasonable they only way you will know is by ringing round to various insurance companies. In general the crowd you are currently with may give you a slight discount to ensure a second vehicle with them however this will be a small discount but then again every little bit saved is welcome. The first two options are slightly grey area's but when it boils down to it they are legal if you go about it the right way! The final options are better cover wise but could be considerably dearer it just depends on the quotes you get off the insurance companies.

The only true way to know is to ring up the insurance companies and ask as anyone else is only guessing what their quotes might be you could be in luck and get cheap quotes but with the way things have gone in the last 6 months I wouldn't hold my breath!

how are you going to tax the jeep if it's not insured?

further more farmers have too much to lose by not having proper cover , the days of sending in claims & geting a cheque back the post are long gone

all claims involving personal injury are thoroughly investigated

if you're in a council house & drawing the dole (no disrespect meant anywhere) then by all means chance it , but if you have assets worth a few €M , a few hundred € on proper cover might be the best investment

tanko

orm0nd wrote: »

how are you going to tax the jeep if it's not insured?

further more farmers have too much to lose by not having proper cover , the days of sending in claims & geting a cheque back the post are long gone

all claims involving personal injury are thoroughly investigated

if you're in a council house & drawing the dole (no disrespect meant anywhere) then by all means chance it , but if you have assets worth a few €M , a few hundred € on proper cover might be the best investment

There's no problem taxing a jeep without insurance afaik, on motor tax.ie any random numbers will do for the insurance policy no. And they'll send out the tax disc.
But is it ok to use the extension on your own policy to drive another jeep which has no insurance policy of its own? Ie. the registered owner has no insurance policy on it.

kowtow

aido79 wrote: »

That's mental. I drive a 4 litre Toyota Lancruiser Prado in Australia and pay the equivalent of 500 euro fully comprehensive. How do Irish insurance companies get away with ripping people off like that??

Search me.

I asked the guy from FBD on the phone yesterday - I said to him "just out of interest, before I give FBD the last €25 I am ever going to give you (for a temporary policy alteration btw) do you care at all that you have charged me nearly €10K in rip-off premia in the last three years?"

And he said:

"no, thats the price".

selectamatic

Ya the vehicle doesn't need to have any other cover on it. With regards taxing it yes the aul any number trick generally works but if doing it in person it can be done by changing your insurance over for about a week or whatever.

Look we a know this insurance is the bare minimum but in all fairness for a farm 4x4 beater/run about it isn't going to be that valuable so even if it was to be written off it's not the end of the world. This is not the best way to insure a second jeep but it is the cheapest and that's why I presented it as an option.

orm0nd

tanko wrote: »

There's no problem taxing a jeep without insurance afaik, on motor tax.ie any random numbers will do for the insurance policy no. And they'll send out the tax disc.
But is it ok to use the extension on your own policy to drive another jeep which has no insurance policy of its own? Ie. the registered owner has no insurance policy on it.

selectamatic wrote: »

Ya the vehicle doesn't need to have any other cover on it. With regards taxing it yes the aul any number trick generally works but if doing it in person it can be done by changing your insurance over for about a week or whatever.

Look we a know this insurance is the bare minimum but in all fairness for a farm 4x4 beater/run about it isn't going to be that valuable so even if it was to be written off it's not the end of the world. This is not the best way to insure a second jeep but it is the cheapest and that's why I presented it as an option.

all this sh1t with fake numbers is ok until you have an accident then you may find out what cover you have or haven't very quickly

tanko

orm0nd wrote: »

all this sh1t with fake numbers is ok until you have an accident then you may find out what cover you have or haven't very quickly

The "fake number" is only used to get the second jeep taxed. The local authorities don't give a toss who has insurance or not as long as they have enough money coming in so that they can sit around drinking tea all day.
The third party extension on the insurance of the main jeep covers insurance for the second jeep.
Anyway I'd check with my insurance company first before driving the second jeep to make sure I was covered.

kowtow

tanko wrote: »

The "fake number" is only used to get the second jeep taxed. The local authorities don't give a toss who has insurance or not as long as they have enough money coming in so that they can sit around drinking tea all day.
The third party extension on the insurance of the main jeep covers insurance for the second jeep.
Anyway I'd check with my insurance company first before driving the second jeep to make sure I was covered.

I have a feeling that the wording of those policies with extensions used to specifically require that the "other car" was not the property of the insured. If that's the case the insurance would be invalid in any event (if the jeep was owned as a spare car)

tanko

kowtow wrote: »

I have a feeling that the wording of those policies with extensions used to specifically require that the "other car" was not the property of the insured. If that's the case the insurance would be invalid in any event (if the jeep was owned as a spare car)

True, the second jeep would need to be registered as being owned by someone else.

selectamatic

exactly hence why I stated the car/jeep has to be in someone elses name. As far as using whatever number on the tax website it's a tax issue not an insurance issue as the two are separate entities so no it would not effect the insurance cover. However I also said you can change your insurance over for a week and tax it that way. I really dont know why this way of insuring a second run around is so frowned upon by people its the way that makes the most economical sense and is perfectly legal. Anyone doing it knows they generally only have third party cover but shur it wouldnt make sense to claim insurance on an old jeep if something ever happened anyways.

aido79

kowtow wrote: »

Search me.

I asked the guy from FBD on the phone yesterday - I said to him "just out of interest, before I give FBD the last €25 I am ever going to give you (for a temporary policy alteration btw) do you care at all that you have charged me nearly €10K in rip-off premia in the last three years?"

And he said:

"no, thats the price".

Doesn't look like much of their profits gets invested in their customer service. Don't know how they get away with it.

whelan2

aido79 wrote:

Doesn't look like much of their profits gets invested in their customer service. Don't know how they get away with it.

I'd say its well planned give ridiculous quotes and then you won't have as much risk to cover. As in people will go elsewhere

kowtow

selectamatic wrote: »

exactly hence why I stated the car/jeep has to be in someone elses name. As far as using whatever number on the tax website it's a tax issue not an insurance issue as the two are separate entities so no it would not effect the insurance cover. However I also said you can change your insurance over for a week and tax it that way. I really dont know why this way of insuring a second run around is so frowned upon by people its the way that makes the most economical sense and is perfectly legal. Anyone doing it knows they generally only have third party cover but shur it wouldnt make sense to claim insurance on an old jeep if something ever happened anyways.

I understand what you are getting at.

The problem of course is that whilst what you describe may be enough to satisfy a garda checkpoint on paper that you have insurance, in the event of a claim you are not actually insured, because underwriters will be happy to spend a little money to avoid paying a lot, ..

where "someone elses property" and similar trusts are concerned judges tend to go with the "if it looks like a duck, and walks like a duck...." line of reasoning

selectamatic

very true when dealing with a person i.e a judge who rationalises and makes calls using his/her opinions but by letter of law it is legal therefore it doesn't get before a judge as there is no due cause. This is legal and in my opinion underused as people generally want fully comp insurance however in the case of low value vehicles there is no economic need for fully comp as the insurance would cost as much if not more than the price of the vehicle. And that's just in one anual year if this method is used for a number of years it is head and shoulders above all other methods from an economic perspective. This method works and is used by many to great effect it is the lowest form of insurance cover possible however it is enough to satisfy regulations.