Insurance for 2nd car
Discussion
I'm buying an old banger for a little 'off roading' and want to know if I have to insure it? My insurance on my main vehicle allows me to drive any car with 3rd party cover. Will I be able to get tax for the car with this cover?
I don't want to go to the expense of getting insurance as it will probably only see a couple of hundred miles of HRH highway!
Cheers,
Rob
I don't want to go to the expense of getting insurance as it will probably only see a couple of hundred miles of HRH highway!
Cheers,
Rob
My insurance company tells me that you can only drive a second car on your fully comp policy if that second car isn't registered to you. Dont know whether you're allowed to register the second car in someone else's name though! I just got two insurances in the end - saves a lot of arguing if I ever hit anything. Especially in my own driveway. 
My wife was involved in an accident in my Volvo, she was driving on her own policy and therefore, was only insured with third party cover. Although she was stationary at the time of impact, the fact that there were no witnesses, and the other driver refused to admit liability, meant my wife's insurance company were unwilling to deal with the claim. She had to contact DAS and fortunately, they were fantastic. Unfortunately, the assesor came around and decreed that the car was beyond economical repair and so wrote it off, the other drivers insurance agreed to pay out on a 50/50 basis, and she eventually recieved, after 6 months a cheque for £1,440 which is about half what it will cost to put the Volvo right! To add insult to injury, she has now lost her 5 years NCB, as her insurers have paid out 50% of the other drivers damages, on a G plate Seirra! We have now ammended our insurance to include both of us as named drivers on all our policies. Just beware of these SLIMEY BA
rds, if they can wriggle out of paying up, they will!
>> Edited by simonelite501 on Saturday 6th July 23:13
rds, if they can wriggle out of paying up, they will! >> Edited by simonelite501 on Saturday 6th July 23:13
Thanks for the info,
I'm literally only planning to spend £200 - £300 on a rear wheel drive car. A Friend works at a quarry in the middle of some forestry, so effectively we have a rally stage to play on each weekend! The car will only ever be used on the road to get petrol from the local garage and go home for repairs, and I can't imagine the car lasting much more than about 5 to 10 outings which equates to around 3 months of use.
Given this, getting a 2nd insurance policy will probably double the cost of our play, so I may register it in somebody else's name and just use my own cover from my fully comp policy.
All in all, a dam site cheaper and more entertaining than the 'Rally' day I forked out £300 for!
Cheers,
Rob
I'm literally only planning to spend £200 - £300 on a rear wheel drive car. A Friend works at a quarry in the middle of some forestry, so effectively we have a rally stage to play on each weekend! The car will only ever be used on the road to get petrol from the local garage and go home for repairs, and I can't imagine the car lasting much more than about 5 to 10 outings which equates to around 3 months of use.
Given this, getting a 2nd insurance policy will probably double the cost of our play, so I may register it in somebody else's name and just use my own cover from my fully comp policy.
All in all, a dam site cheaper and more entertaining than the 'Rally' day I forked out £300 for!
Cheers,
Rob
A word of warning about sharp practice where insurance is concerned.
Insurance companys share information on a broad spectrum and have access to the DVLA databases of vehicle ownership(registered Keepers)
The registered keeper is not necessarily the owner.
If there is a problem with aclaim and the insurance company smell a rat, they start investigating.
If you register it in someone elses name, then you have to be able to rely on them totally, not to drop you in it.
£200 to £300 may be an awful lot cheaper in the first instance than having to settle a claim for injury or damage from your prison cell, as inevitably there may well be a police investigation and attempting to pervert justice carries a heavy custodial sentence!!
My advice to you would to get someone else who has nothing to do with the running of the car to actually buy it and register it. They do not have to insure it themselves for you to be covered on your own policy when taking it on the road. You will however only be covered for third party risks.
Do any of the prospective drivers of this vehicle have girlfriends/wives?
Insurance companys share information on a broad spectrum and have access to the DVLA databases of vehicle ownership(registered Keepers)
The registered keeper is not necessarily the owner.
If there is a problem with aclaim and the insurance company smell a rat, they start investigating.
If you register it in someone elses name, then you have to be able to rely on them totally, not to drop you in it.
£200 to £300 may be an awful lot cheaper in the first instance than having to settle a claim for injury or damage from your prison cell, as inevitably there may well be a police investigation and attempting to pervert justice carries a heavy custodial sentence!!
My advice to you would to get someone else who has nothing to do with the running of the car to actually buy it and register it. They do not have to insure it themselves for you to be covered on your own policy when taking it on the road. You will however only be covered for third party risks.
Do any of the prospective drivers of this vehicle have girlfriends/wives?
quote:
A word of warning about sharp practice where insurance is concerned.
Insurance companys share information on a broad spectrum and have access to the DVLA databases of vehicle ownership(registered Keepers)
The registered keeper is not necessarily the owner.
If there is a problem with aclaim and the insurance company smell a rat, they start investigating.
If you register it in someone elses name, then you have to be able to rely on them totally, not to drop you in it.
£200 to £300 may be an awful lot cheaper in the first instance than having to settle a claim for injury or damage from your prison cell, as inevitably there may well be a police investigation and attempting to pervert justice carries a heavy custodial sentence!!
My advice to you would to get someone else who has nothing to do with the running of the car to actually buy it and register it. They do not have to insure it themselves for you to be covered on your own policy when taking it on the road. You will however only be covered for third party risks.
Do any of the prospective drivers of this vehicle have girlfriends/wives?
only prob is you need a m8 with a traders policy to get it taxed
and you shaw you ain m brown ?
quote:
I'm buying an old banger for a little 'off roading' and want to know if I have to insure it? My insurance on my main vehicle allows me to drive any car with 3rd party cover.
Cheers,
Rob
..."as long as the vehicle is neither owned or hired by you..." it will say if you read on (they all do somewhere)
quote:
technically maybe but they WILL investigate, and they're fairly sharp these days.....
yea they will try to get out of it but they do that anyway.
I do it my self inshaw a rusty pile of shit and the
as a run about and my mrs owns the good one on paper.
I have had to claim but they did not worrie as i was not claiming on mine just the dumb cows policey as the sill cow smacked in to me while, i was siting with the engine turned off in a private car park smoking a fag.
want so bad i got here to give me it in witing it was her fault.
and then she try to get out of and her insharance wash there hand of her as she would not speak to them.
the sill bat ended paying out a foutune out of her own pocket.
Cheers Outlaw,
Surley somebody must now the definitive legal situation:
a) Car not owned by me
b) Car is not insured directly under its own policy
c) Car does not legally have to have its own policy
d) Only driver of car needs to be insured
e) I'm insured to drive due to comp policy on another vehicle I own.
a+b+c+d+e = Legally all above board and correct?
What do people think? Madcop I know you've already replied to this but can you reasure me?
Cheers,
Rob
Surley somebody must now the definitive legal situation:
a) Car not owned by me
b) Car is not insured directly under its own policy
c) Car does not legally have to have its own policy
d) Only driver of car needs to be insured
e) I'm insured to drive due to comp policy on another vehicle I own.
a+b+c+d+e = Legally all above board and correct?
What do people think? Madcop I know you've already replied to this but can you reasure me?
Cheers,
Rob
Just to clarify,
Phoned my insurance company, told them that car did not belong to me (it was a friends) and that it was not covered under another policy, they said no problem, I'm insured to drive it under my policy. They did mention the caveat about hired / curtesy cars etc and said that it should only be considered as a tempoary measure.
Cheers,
Rob
Phoned my insurance company, told them that car did not belong to me (it was a friends) and that it was not covered under another policy, they said no problem, I'm insured to drive it under my policy. They did mention the caveat about hired / curtesy cars etc and said that it should only be considered as a tempoary measure.
Cheers,
Rob
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