What is open insurance?

The Young Wan

The phrase has always confused me.

So is open insurance you are insured to drive any car, rather than anyone is insured to drive your car?

grogi

The Young Wan wrote: »

The phrase has always confused me.

So is open insurance you are insured to drive any car, rather than anyone is insured to drive your car?

The latter.

There is also 'Driving of other cars' benefit - it's the former - and is included in majority of insurance in Irish market.

Eggs For Dinner

Open Driving is anyone to drive the insured vehicle within stated limits which can vary from policy to policy. i.e. Over 25, under 70, full licence etc.

grogi

Eggs For Dinner wrote: »

Open Driving is anyone to drive the insured vehicle within stated limits which can vary from policy to policy. i.e. Over 25, under 70, full licence etc.

What is required by law is for the driver to be insured to drive a vehicle. You don't insure a vehicle, unless you opt for the optional motor casco cover.

Eggs For Dinner

grogi wrote: »

What is required by law is for the driver to be insured to drive a vehicle. You don't insure a vehicle, unless you opt for the optional motor casco cover.

I’ve explained what Open Driving is in the context of an Irish Insurance policy

grogi

Eggs For Dinner wrote: »

I’ve explained what Open Driving is in the context of an Irish Insurance policy

But you're phrasing it wrong. You don't need insurance for the car.

Eggs For Dinner

grogi wrote: »

But you're phrasing it wrong. You don't need insurance for the car.

I’m not

grogi

Eggs For Dinner wrote: »

Open Driving is anyone to drive the insured vehicle

Eggs For Dinner wrote: »

I’m not

Really?!

whomitconcerns

Casco is a European term for 'comprehensive' cover, its not known or applicable here... Anyway......

Open driving means any fully licenced individual, subject to certain restrictions, can drive your car on your insurance cover. Insurance policy is tied to you and your car. The other party does not need to have any insurance of their own.

3rd party extension/Driving other cars extention on your personal car policy means you can drive another car not owned by you. Some companies require the other car to have it's own policy attached and some don't require this. You may be comprehensively covered to drive it or more often with just 3rd party cover.

Edited to clarify '3rd party extention'

grogi

whomitconcerns wrote: »

Casco is a Romanian/European 'comprehensive' cover, very different than ours and not applicable here... Anyway......

Open driving means any fully licenced individual, subject to certain restrictions, can drive your car on your insurance cover. Insurance policy is tied to you and your car. The other party does not need to have any insurance of their own.

Our comprehensive cover is a package of two main products:

• mandatory TPL cover - where you insure one or many people to drive particular vehicle or many other vehicles
• voluntary Motor Casco cover - where you insure the vehicle against damage, theft or fire.

Often a few more products are bundled, exp.

• breakdown cover
• lost keys cover
• DAC cover etc.

It is vital for everyone to understand that with TPL it is the driver that is insured, not the car.

3rd party means you can drive another car not owned by you.

Oh honey... 3rd party is anybody that is not the insurer nor the insured.

Some companies require the other car to have it's own policy attached and some don't require this.

With 'Driving other cars' extension, some companies require that there is another policy under which other driver is insured to drive the car in question. Complicated, but that's what it is.

Third party liability is very simple: You get insured against damages incurred to third parties while drive a particular car.

whomitconcerns

grogi..we dont use the term "casco" in Ireland or England in connection with Insurance so the man on the street wont know what that means generally speaking. But what you say above otherwise is essentially correct, so I clarified my post. Tks

Your options in Ireland are

• 3rd party
• 3rd party fire & theft
• Comprehensive

They are all tied to a specific driver/drivers on a specific car policy

• Open driving can generally only be added on to a comprehensive policy
• 3rd party extention/Driving other cars extention is generally included in a comprehensive policy but the level of cover and rules vary by insurance company.

Eggs For Dinner

grogi wrote: »

Really?!

Yes, really. Anyway, I see you are heading off on your usual tangent which ends up with nonsense on insurable interest, so I’ll bid you good day

9935452

whomitconcerns wrote: »

• Open driving can generally only be added on to a comprehensive policy

I had open drive on a tpft policy with fbd a couple of years ago.

They told me if i wanted to add more than 2 named drivers to the policy it would automatically switch to open drive