Can I put my partner on my own car insurance policy?
Monday, 05 September 2011 03:38
Emma Banks, an insurance expert from LV, answers the question:-
MS Henderson asks:-
My fiancee has just bought his own insurance for my car, as my company were reluctant to insure him as an extra driver because he has a provisional licence as well as a 6 month ban over 3 years ago. He was honest at time of buying his insurance, that I was the owner and keeper of the car, and it all went through fine, but now a friend of mine insists this is illegal. My insurance is comprehensive, and covers only me, his is 3pf+t and covers only him, is this legal?
Emma Banks answers:-
Strictly speaking this isn’t illegal but it is not recommended. Many insurers will have a clause in their policy that says you can’t have ‘dual’ insurance on any vehicle as this will leave them open to fraud. So in the event of you having an accident and needing to make a claim you could find that neither insurer will pay the claim. Your best bet is to find an insurer who will take on both of you on one policy even if it means swapping mid-term as then you can be sure if the event of an accident your claim will be paid. Generally anyone who is on a provisional (or full) licence with a ban within five years is going to have to pay a higher premium as its only after five years that bans are not counted as relevant driving history.
If you have a question for Emma or Vanessa, go to the myfinances.co.uk Ask the Insurance Expert section.
Or for more information on your insurance options go to LV's insurance site.
Comments
Newsletter sign up