Insurance on scoob for 18yo
#31
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Originally Posted by white
Why not just put the car in your mother/fathers name and insure it in their name and you go down as a named driver??
I've done that with all my cars. I'm not interested in building NCB's for myself, having the car is all I care about.
I had an ST170 at about 4 months before turning 21, which I only kept for about 8 months, then I moved onto a Civic Type-R, of which I had three now so it's time for a change. I'm 23 right now and have just ordered an 06 STI, which will be registered and insured on my mothers name.
I have paid quite a lot for some of my premiums but if you want the car bad enough then who cares.
I've done that with all my cars. I'm not interested in building NCB's for myself, having the car is all I care about.
I had an ST170 at about 4 months before turning 21, which I only kept for about 8 months, then I moved onto a Civic Type-R, of which I had three now so it's time for a change. I'm 23 right now and have just ordered an 06 STI, which will be registered and insured on my mothers name.
I have paid quite a lot for some of my premiums but if you want the car bad enough then who cares.
also illegal im affraid, if you are the main driver, the car must be insure accordingly
#33
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It's also only illegal if you don't tell them you're the main driver. I've had this discussion with both mine and wifey's insurance brokers. As long as you tell them who the main driver, the policy premium (and legality) adjusts accordingly....... ![Smile](images/smilies/smile.gif)
Dan
![Smile](images/smilies/smile.gif)
Dan
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Originally Posted by WRXewl
I got the impression that most insurance companies wont touch someone under 25 for an impreza turbo so you may have to go for a sport, not sure how they stand with regards to that model
i was 23 when i bought a new MY05 WRX and with the PPP declared im paying just shy of £900 FC, thats with 3 yrs NCB and a total loss claim 3 1/2 yrs ago
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Originally Posted by white
Just tell them that we have 50/50 use of the car. Makes no difference. How do the insurance now who's driving on a day to day basis?
They do sneaky things thats how mate.
When we lived in whickham, we got a knock at the door and we were asked if next doors car was on his drive all the time or garaged as his was stolen.
the guy didnt even have a garage, so he had to pay the extra in premiums before they would pay out.
so they could do something along those lines....
its called driving without insurance, you wouldnt have addequate cover if it came to a court of law, therefore its wrong
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Originally Posted by DanUK
Elephant will insure my wife on our '02 STI 7 and she's 22. Just short of a grand. In the minority though, can't wait till she's 25, drivin me nuts phoning round places!
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they wont be interested until its claim time......
look at it another way mate, why should i pay full price premiums when you dont
its not a personal attack, but if you look at it like that, theres only one answer, you sould pay the correct premium, legal and moraly what your doing is wrong.
but its your choice
john
look at it another way mate, why should i pay full price premiums when you dont
its not a personal attack, but if you look at it like that, theres only one answer, you sould pay the correct premium, legal and moraly what your doing is wrong.
but its your choice
john
#38
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Originally Posted by Tweaky
Say if I got a scoob how much insurance would I be looking at for an impreza sport or turbo? ![Ponder2](images/smilies/ponder2.gif)
![Frown](images/smilies/frown.gif)
![Ponder2](images/smilies/ponder2.gif)
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#39
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Originally Posted by white
I know your making a personal attack mate
What your saying is fair enough but at the end of the day I'm insured and I'm legal to drive and that's all that matters IMO.
I don't really care about it being morally wrong. All I care about is having the car on the road.
If I'm down on the premium then I'm covered regardless if you ask me.
![Wink](images/smilies/wink.gif)
What your saying is fair enough but at the end of the day I'm insured and I'm legal to drive and that's all that matters IMO.
I don't really care about it being morally wrong. All I care about is having the car on the road.
If I'm down on the premium then I'm covered regardless if you ask me.
If you cant afford to insure the car correctly in your name then you shouldnt own the car period.
Do you get any quotes for you being the main driver? What are the differences in premiums?
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Originally Posted by white
I know your making a personal attack mate
What your saying is fair enough but at the end of the day I'm insured and I'm legal to drive and that's all that matters IMO.
I don't really care about it being morally wrong. All I care about is having the car on the road.
If I'm down on the premium then I'm covered regardless if you ask me.
![Wink](images/smilies/wink.gif)
What your saying is fair enough but at the end of the day I'm insured and I'm legal to drive and that's all that matters IMO.
I don't really care about it being morally wrong. All I care about is having the car on the road.
If I'm down on the premium then I'm covered regardless if you ask me.
By going off what you posted previously, you are not covered legaly to drive, its a simple, and no more complicated than that.
Personal attack, dont make me laugh, i think you need to finish your GCSE's and then come back if you think thats a personal attack....
Like the post above, its illegal, and if you cant afford it, you should have it...
Would you drive a stolen subaru???
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Originally Posted by white
I know what your saying mate but I don't think that someone from my insurance company is gonna come out and check that my mother is the main driver.
Besides, say that my mother WAS the main driver of the car and I just happened to use it once in a while and on that occasion I prang it or someone prangs me, what then?
My first car, a 2 litre Focus that I had before having my ST170 was stolen from outside my house as I couldn't put it in the garage due to my brothers car being kept in mine for him to do work on it. We said it garaged to the insurance yet they didn't question this when asked where was the car stolen from. They even said that 'we realise a car can't be garaged all of the time'.
I also wrote my first CTR off and had no problems in the payout. Had a brand new one delivered to my front door within 4 weeks. Maybe I've been lucky, who knows but I've always insured my cars this way and will continue to do so in the future until I'm over 25. Even then if the insurance is cheaper in my mothers name then I'll continue to do what I'm doing now.
The insurance companies know who's car it is when you phone for the premium. I mean come on, since when does a 50 year old woman (my mother in this case) buy a Civic Type-R or in the near furture an STI and then wants her 23 year old son to be down as a named driver for the odd occasion of use.
Besides, say that my mother WAS the main driver of the car and I just happened to use it once in a while and on that occasion I prang it or someone prangs me, what then?
My first car, a 2 litre Focus that I had before having my ST170 was stolen from outside my house as I couldn't put it in the garage due to my brothers car being kept in mine for him to do work on it. We said it garaged to the insurance yet they didn't question this when asked where was the car stolen from. They even said that 'we realise a car can't be garaged all of the time'.
I also wrote my first CTR off and had no problems in the payout. Had a brand new one delivered to my front door within 4 weeks. Maybe I've been lucky, who knows but I've always insured my cars this way and will continue to do so in the future until I'm over 25. Even then if the insurance is cheaper in my mothers name then I'll continue to do what I'm doing now.
The insurance companies know who's car it is when you phone for the premium. I mean come on, since when does a 50 year old woman (my mother in this case) buy a Civic Type-R or in the near furture an STI and then wants her 23 year old son to be down as a named driver for the odd occasion of use.
On a more simple note, you are aware that this site, along with many others are monitored not just by the enthusiast members dont you......
There have been quite a bit more than a few where evidence has been used from forums to convict people in a criminal court. This aint no threat, i would be very careful what you post on this topic from now on, because as much as i dont like what your doing, i wouldnt like to see you posting on here at a later date that you have had an accident and you cant get them to pay out...
John
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Originally Posted by fitzscoob
Do you get any quotes for you being the main driver? What are the differences in premiums?
23, 3 yrs NCB on an MY05 STI with the PPP declared was just above the £1100 mark from what i remember, under 1K without the PPP
#43
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Originally Posted by white
Why not just put the car in your mother/fathers name and insure it in their name and you go down as a named driver??
I've done that with all my cars. I'm not interested in building NCB's for myself, having the car is all I care about.
I had an ST170 at about 4 months before turning 21, which I only kept for about 8 months, then I moved onto a Civic Type-R, of which I had three now so it's time for a change. I'm 23 right now and have just ordered an 06 STI, which will be registered and insured on my mothers name.
I have paid quite a lot for some of my premiums but if you want the car bad enough then who cares.
I've done that with all my cars. I'm not interested in building NCB's for myself, having the car is all I care about.
I had an ST170 at about 4 months before turning 21, which I only kept for about 8 months, then I moved onto a Civic Type-R, of which I had three now so it's time for a change. I'm 23 right now and have just ordered an 06 STI, which will be registered and insured on my mothers name.
I have paid quite a lot for some of my premiums but if you want the car bad enough then who cares.
![Nono](images/smilies/nono.gif)
#46
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Originally Posted by white
If I choose to insure my car in my mothers name then that's my business. I'm not affecting you in anyway, I'm not asking you to pay the premium for me so just let it go over your head.
So in that sense you are effecting us.
I dont think you are going to get anyone on here patting you on the back and saying well done. We all have to pay our dues, no one wants to pay high premiums but its what you get when you choose to own this type of car.
#48
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at 18 you are looking at a lot of cash,my 1st scooby when i was 20 was 2k fully comp,but was only registered as a 1.8 gl but had full WRX RA running gear,good at the time but downside was i crashed it and lost out cos i couldnt claim my insurance.im 22 now and i have been quoted 1500 tpft on a uk spec turbo.still steep and i have 3 years no claims
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Originally Posted by white
I know what your saying mate but I don't think that someone from my insurance company is gonna come out and check that my mother is the main driver.
Besides, say that my mother WAS the main driver of the car and I just happened to use it once in a while and on that occasion I prang it or someone prangs me, what then?
My first car, a 2 litre Focus that I had before having my ST170 was stolen from outside my house as I couldn't put it in the garage due to my brothers car being kept in mine for him to do work on it. We said it garaged to the insurance yet they didn't question this when asked where was the car stolen from. They even said that 'we realise a car can't be garaged all of the time'.
I also wrote my first CTR off and had no problems in the payout. Had a brand new one delivered to my front door within 4 weeks. Maybe I've been lucky, who knows but I've always insured my cars this way and will continue to do so in the future until I'm over 25. Even then if the insurance is cheaper in my mothers name then I'll continue to do what I'm doing now.
The insurance companies know who's car it is when you phone for the premium. I mean come on, since when does a 50 year old woman (my mother in this case) buy a Civic Type-R or in the near furture an STI and then wants her 23 year old son to be down as a named driver for the odd occasion of use.
Besides, say that my mother WAS the main driver of the car and I just happened to use it once in a while and on that occasion I prang it or someone prangs me, what then?
My first car, a 2 litre Focus that I had before having my ST170 was stolen from outside my house as I couldn't put it in the garage due to my brothers car being kept in mine for him to do work on it. We said it garaged to the insurance yet they didn't question this when asked where was the car stolen from. They even said that 'we realise a car can't be garaged all of the time'.
I also wrote my first CTR off and had no problems in the payout. Had a brand new one delivered to my front door within 4 weeks. Maybe I've been lucky, who knows but I've always insured my cars this way and will continue to do so in the future until I'm over 25. Even then if the insurance is cheaper in my mothers name then I'll continue to do what I'm doing now.
The insurance companies know who's car it is when you phone for the premium. I mean come on, since when does a 50 year old woman (my mother in this case) buy a Civic Type-R or in the near furture an STI and then wants her 23 year old son to be down as a named driver for the odd occasion of use.
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#50
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Amazing, posted only an hour ago
So, you're willing to spend the 'dosh' on making your car make a fancy noise, and doing this properly, but not driving about fully road legal?
I think you need to get your priorities straight
Originally Posted by white
Right, so what is the PROPER way in which to achieve this without killing the MAF and in turn ruining the engine.
I'm of the belief that 'if your gonna do something then do it properly', so I'd be willing the spend the dosh in order to achive true wastegate sound that doesn't cause any damage whatsoever.
Anybody know?
I'm of the belief that 'if your gonna do something then do it properly', so I'd be willing the spend the dosh in order to achive true wastegate sound that doesn't cause any damage whatsoever.
Anybody know?
![Cuckoo](images/smilies/cuckoo.gif)
I think you need to get your priorities straight
#51
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Originally Posted by speye91
probably coz you pikey,s keep moving around and they can,t find you
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#54
![Exclamation](images/icons/icon4.gif)
Originally Posted by Tweaky
Say if I got a scoob how much insurance would I be looking at for an impreza sport or turbo? ![Ponder2](images/smilies/ponder2.gif)
wasted time filling in forms on a couple of sites and they just told me to call for a price. Does this mean the price is gonna make me
?
![Frown](images/smilies/frown.gif)
![Ponder2](images/smilies/ponder2.gif)
wasted time filling in forms on a couple of sites and they just told me to call for a price. Does this mean the price is gonna make me
![Cry2](images/smilies/cry2.gif)
![Frown](images/smilies/frown.gif)
Look in Autotrader for a Kia Pride, Ford KA or similar vehicle, that way you WILL get insured, but expect an annual bill of around £1k. Sorry, but whippersnappers of this day and age get tarred with the same brush i.e. a young Chav scum in a Nova racing around putting everyones life in danger.
Take Bluto's advice and take the bus until you reach maturity.
#55
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My brother insured his 1.9 205 gti in my mothers name which was great when it came to paying the reduced premium, it did have a major down side though.......
One day he was driving along and in the process of changing a cd, rear ended a taxi.....ouch.
Then the fun began!
My mother filed a claim and within a week the insurers wanted to send a rep to interview both my mother and brother regarding the details on the policy ie. who was really the main driver.
Anyway to cut a long story short they refused to pay for the damage to my brothers car leaving him 3k out of pocket.
They did however pay for the third party damage.
A lesson there i thnk.
Nik.
One day he was driving along and in the process of changing a cd, rear ended a taxi.....ouch.
Then the fun began!
My mother filed a claim and within a week the insurers wanted to send a rep to interview both my mother and brother regarding the details on the policy ie. who was really the main driver.
Anyway to cut a long story short they refused to pay for the damage to my brothers car leaving him 3k out of pocket.
They did however pay for the third party damage.
A lesson there i thnk.
Nik.
#56
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Taken from the Cliosport website, http://www.cliosport.net/forum/showthread.php?t=131050.
Personally, I hope you get caught.
I especially like the bit about fraud and having insurance cancelled.
Steve
Courtesy of Shiny of the Maxpower Forum, well respected insurance guy, very knowlegdable. Asked him for his permission and it was granted AGES ago, think I posted it on the old forum...but for newer users...
There are many posts regarding insuring cars in Parent’s names to get cheaper insurance and they often lead to heated discussions and opinions from misinformed people. Here are some facts as to why it is fraudulent and you should not do it, which I hope will put a stop to misinformed opinions and potentially dangerous advice from people who do not understand the industry, the processes and the legalities.
The first question is probably “Why should I listen to Shiny?”. If you are a regular user of the forum you would have probably realised that I do actually know my onions where insurance is concerned. I have worked in a high street Insurance Brokers for the last 17 yrs, managed the Personal Lines department (household, motor etc) and now handle Commercial insurance, specialising in Motor Trade. My advice is not tied to one Insurer and is indicative of the market, although there are obvious differences between some insurers in their methods, the basic insurance principles are the same regardless of who you are insured with.
Now, onto how it works. Firstly “Insurable Interest”, one of the basic principles of insurance. The purpose of insurance is put a policyholder in the same financial position after a claim or loss as they were before the claim or loss (with the exception of any excess etc). Therefore if my car gets stolen, and its market value was £5k, my insurers will pay me £5k to put me in the same financial position I was before the car was stolen. Now, if I was not the legal owner of the car and it belonged to, for example, my son, but I insured it in my name, I will not actually suffer any financial loss if it was stolen. Therefore I have no insurable interest. My son will actually suffer the loss, therefore he must insure it in his name. The registered keeper is not necessarily the legal owner of a car, so just changing the log book does not make this alright.
Insurance premiums are calculated on the risk exposure. Fact, young drivers are a high risk and attract high premiums. The amount of use available to a young driver as an additional driver under a policy in their parents’ name is an essential factor in the rating of a policy. It is not wrong for young drivers to be named under their parents policies as long as all the information provided to an Insurer is correct. When I was learning to drive I was added to my mother’s policy. She had been driving her own car for a number of years and used it every day to commute to work. Even when I passed my test, I was only able to drive the car in the evenings or at the weekend when she wasn’t using it. I was added to the policy and noted as a “frequent” driver (not the main driver) as this was genuinely the case and could easily be proved to be the case. When I bought my own car, I insured it in my own name.
Here are two scenarios –
1. A 17 yr old buys a car and insures it in his own name.
2. Dad buys a car for his 17 yr old son to use, Dad is the legal owner and registered keeper and therefore insures the car in Dad’s name. The car has been bought for the son and he will be the main user.
The risk exposure is exactly the same, as the 17yr old is the main driver regardless of who the policyholder is. Therefore the premium should in fact be the same. In some cases, scenario 2 will work out more expensive as discounts for insured only to drive will not apply.
Now the only way that scenario 2 will work out cheaper is if fraudulent information is provided to the insurers to make the risk look more attractive, by lying as to who is the main user of a car and saying Dad is the main user and son is only an occasional user. This is no different to lying about your age, lying about your car (saying it’s a 1.4 GL instead of 2.0 GT Turbo), lying about where you live (saying you live in a field in Devon rather than the middle of Greater Manchester). If you are providing false information to reduce your premium it is deliberately trying to misrepresent the true risk and deceiving your Insurers, which is fraud.
Now, to make matters worse, it is often the case that when policies are taken out in parent’s name, that in addition to lying about the main user, the ownership is also presented wrongly to the insurers, saying that it is the parent’s car when it has been bought by the young driver. As I have said earlier, Insurable Interest is a basic principle of insurance so, first off, there will be a major problem here. Secondly, again a risk has deliberately misrepresented to an insurer to make it look more attractive and to deceive the insurers to obtain a cheaper premium, which is fraud.
So, what happens if you have taken out a policy in your parent’s name and are found out. There is a very small possibility that an underwriter may suspect foul play when finalising the issue of policy documents or if there is an audit check, but in all fairness, you are really only like to be rumbled after an accident has occurred, which is the time when you will need your policy most of all. If a loss adjuster is involved, he will make a report to the Insurers, the underwriters will study the proposal form and if there is evidence of “non disclosure” or fraudulent information, from the information presented at the time of the proposal (which is the contract upon which the insurance is based), it is most likely they will not indemnify the claim and cancel your policy from inception, making all cover “null and void”. You will then be responsible for all costs as a result of the accident. As your insurance is invalid, there is a possibility of a motoring conviction for driving without insurance, 6 points minimum, a hefty fine, possibly even a ban. If the insurers see fit, they may also wish to prosecute you for fraud which could result in a criminal conviction. The policyholder (your parent) could also be facing the same prosecutions.
There is a question on an insurance proposal form that asks if you have ever been refused or declined insurance or had a policy cancelled by the insurers. If you end up having a policy cancelled due to non disclosure or fraud, you have to disclose this on your future policies. It is an absolute nightmare getting insurance if you have had a policy null and void under these circumstances. Only non-standard insurers will touch you and will want a very very hefty premium.
Loss adjusters are not usually involved in small claims, but at the end of the day, if the damage is £500 and your claim gets kicked out, £500 won’t cripple most people. But it’s when the claim runs into thousands of pounds that you really want your Insurance to be totally in order. I personally have dealt with a claim involving a cyclist where the reserve was £500,000. If you t-boned a car and crippled a load of Harley Street Surgeons on the way to meeting, the claim could run into £millions. Look at the Selby disaster, a few seconds of lost concentration has cost many many millions. Quite often the way the courts work is that the MIB (Motor Insurance Bureau) become involved and insist the Insurers pay the injured party. The Insurer’s then have a right to recover their outlay from you, as your policy has been invalidated due to fraud. Saving a couple of hundred pounds could cost you thousands and thousands of pounds.
So, now you know the potential consequences, you might think to yourself “how will they ever know?”. Well if a loss adjuster is involved. He will look for obvious signs, like the number of cars in the family, who is entitled to drive each car and so on, to establish a general picture. Then he will ask to see receipts, petrol receipts, servicing receipts etc and see what name they are in. If the car was still driveable, he may have been hiding and watching the pattern and use by each driver for the previous week or two before you even know he is involved (and then show you pictures to contradict any more lies you may present him with when interviewed). He will want to know how each person gets to work. Now there are other obvious things like dad owning a Saab Estate and also a Nova with a BB4 and Max Power Sunstrip and two 12” bass boxes in the boot (assuming modifications have been disclosed which is another topic entirely!) which the 17yr old son hardly drives? He may interview neighbours to establish the use by each driver, interview people at the workplaces and neighbouring work places of each driver, again to establish who drives what to where on a daily basis. I’m sure there are many other methods they use, but I hope this is drawing a picture for you. They do this every day, it's their job, they know every trick, every lie, every "loophole".
I do believe there is a problem in the industry where Insurer’s employ telephonists to provide motor quotes for cost efficiency, these people are generally data input clerks and do not have the knowledge for alarm bells to ring where young drivers and parents insuring cars are concerned. The same applies to internet quotes. But they are relying on people to provide truthful information and answers, which is confirmed by the signing of the proposal form or by agreeing to the statement of fact.
Now all the legalities aside, you will not earn any no claims bonus insuring a car in your parents name. By the time you reach 21, you may have left home, and you might want a tasty car as the market has opened up being over 21.
There are many posts regarding insuring cars in Parent’s names to get cheaper insurance and they often lead to heated discussions and opinions from misinformed people. Here are some facts as to why it is fraudulent and you should not do it, which I hope will put a stop to misinformed opinions and potentially dangerous advice from people who do not understand the industry, the processes and the legalities.
The first question is probably “Why should I listen to Shiny?”. If you are a regular user of the forum you would have probably realised that I do actually know my onions where insurance is concerned. I have worked in a high street Insurance Brokers for the last 17 yrs, managed the Personal Lines department (household, motor etc) and now handle Commercial insurance, specialising in Motor Trade. My advice is not tied to one Insurer and is indicative of the market, although there are obvious differences between some insurers in their methods, the basic insurance principles are the same regardless of who you are insured with.
Now, onto how it works. Firstly “Insurable Interest”, one of the basic principles of insurance. The purpose of insurance is put a policyholder in the same financial position after a claim or loss as they were before the claim or loss (with the exception of any excess etc). Therefore if my car gets stolen, and its market value was £5k, my insurers will pay me £5k to put me in the same financial position I was before the car was stolen. Now, if I was not the legal owner of the car and it belonged to, for example, my son, but I insured it in my name, I will not actually suffer any financial loss if it was stolen. Therefore I have no insurable interest. My son will actually suffer the loss, therefore he must insure it in his name. The registered keeper is not necessarily the legal owner of a car, so just changing the log book does not make this alright.
Insurance premiums are calculated on the risk exposure. Fact, young drivers are a high risk and attract high premiums. The amount of use available to a young driver as an additional driver under a policy in their parents’ name is an essential factor in the rating of a policy. It is not wrong for young drivers to be named under their parents policies as long as all the information provided to an Insurer is correct. When I was learning to drive I was added to my mother’s policy. She had been driving her own car for a number of years and used it every day to commute to work. Even when I passed my test, I was only able to drive the car in the evenings or at the weekend when she wasn’t using it. I was added to the policy and noted as a “frequent” driver (not the main driver) as this was genuinely the case and could easily be proved to be the case. When I bought my own car, I insured it in my own name.
Here are two scenarios –
1. A 17 yr old buys a car and insures it in his own name.
2. Dad buys a car for his 17 yr old son to use, Dad is the legal owner and registered keeper and therefore insures the car in Dad’s name. The car has been bought for the son and he will be the main user.
The risk exposure is exactly the same, as the 17yr old is the main driver regardless of who the policyholder is. Therefore the premium should in fact be the same. In some cases, scenario 2 will work out more expensive as discounts for insured only to drive will not apply.
Now the only way that scenario 2 will work out cheaper is if fraudulent information is provided to the insurers to make the risk look more attractive, by lying as to who is the main user of a car and saying Dad is the main user and son is only an occasional user. This is no different to lying about your age, lying about your car (saying it’s a 1.4 GL instead of 2.0 GT Turbo), lying about where you live (saying you live in a field in Devon rather than the middle of Greater Manchester). If you are providing false information to reduce your premium it is deliberately trying to misrepresent the true risk and deceiving your Insurers, which is fraud.
Now, to make matters worse, it is often the case that when policies are taken out in parent’s name, that in addition to lying about the main user, the ownership is also presented wrongly to the insurers, saying that it is the parent’s car when it has been bought by the young driver. As I have said earlier, Insurable Interest is a basic principle of insurance so, first off, there will be a major problem here. Secondly, again a risk has deliberately misrepresented to an insurer to make it look more attractive and to deceive the insurers to obtain a cheaper premium, which is fraud.
So, what happens if you have taken out a policy in your parent’s name and are found out. There is a very small possibility that an underwriter may suspect foul play when finalising the issue of policy documents or if there is an audit check, but in all fairness, you are really only like to be rumbled after an accident has occurred, which is the time when you will need your policy most of all. If a loss adjuster is involved, he will make a report to the Insurers, the underwriters will study the proposal form and if there is evidence of “non disclosure” or fraudulent information, from the information presented at the time of the proposal (which is the contract upon which the insurance is based), it is most likely they will not indemnify the claim and cancel your policy from inception, making all cover “null and void”. You will then be responsible for all costs as a result of the accident. As your insurance is invalid, there is a possibility of a motoring conviction for driving without insurance, 6 points minimum, a hefty fine, possibly even a ban. If the insurers see fit, they may also wish to prosecute you for fraud which could result in a criminal conviction. The policyholder (your parent) could also be facing the same prosecutions.
There is a question on an insurance proposal form that asks if you have ever been refused or declined insurance or had a policy cancelled by the insurers. If you end up having a policy cancelled due to non disclosure or fraud, you have to disclose this on your future policies. It is an absolute nightmare getting insurance if you have had a policy null and void under these circumstances. Only non-standard insurers will touch you and will want a very very hefty premium.
Loss adjusters are not usually involved in small claims, but at the end of the day, if the damage is £500 and your claim gets kicked out, £500 won’t cripple most people. But it’s when the claim runs into thousands of pounds that you really want your Insurance to be totally in order. I personally have dealt with a claim involving a cyclist where the reserve was £500,000. If you t-boned a car and crippled a load of Harley Street Surgeons on the way to meeting, the claim could run into £millions. Look at the Selby disaster, a few seconds of lost concentration has cost many many millions. Quite often the way the courts work is that the MIB (Motor Insurance Bureau) become involved and insist the Insurers pay the injured party. The Insurer’s then have a right to recover their outlay from you, as your policy has been invalidated due to fraud. Saving a couple of hundred pounds could cost you thousands and thousands of pounds.
So, now you know the potential consequences, you might think to yourself “how will they ever know?”. Well if a loss adjuster is involved. He will look for obvious signs, like the number of cars in the family, who is entitled to drive each car and so on, to establish a general picture. Then he will ask to see receipts, petrol receipts, servicing receipts etc and see what name they are in. If the car was still driveable, he may have been hiding and watching the pattern and use by each driver for the previous week or two before you even know he is involved (and then show you pictures to contradict any more lies you may present him with when interviewed). He will want to know how each person gets to work. Now there are other obvious things like dad owning a Saab Estate and also a Nova with a BB4 and Max Power Sunstrip and two 12” bass boxes in the boot (assuming modifications have been disclosed which is another topic entirely!) which the 17yr old son hardly drives? He may interview neighbours to establish the use by each driver, interview people at the workplaces and neighbouring work places of each driver, again to establish who drives what to where on a daily basis. I’m sure there are many other methods they use, but I hope this is drawing a picture for you. They do this every day, it's their job, they know every trick, every lie, every "loophole".
I do believe there is a problem in the industry where Insurer’s employ telephonists to provide motor quotes for cost efficiency, these people are generally data input clerks and do not have the knowledge for alarm bells to ring where young drivers and parents insuring cars are concerned. The same applies to internet quotes. But they are relying on people to provide truthful information and answers, which is confirmed by the signing of the proposal form or by agreeing to the statement of fact.
Now all the legalities aside, you will not earn any no claims bonus insuring a car in your parents name. By the time you reach 21, you may have left home, and you might want a tasty car as the market has opened up being over 21.
I especially like the bit about fraud and having insurance cancelled.
Steve
#57
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Originally Posted by nik52wrx
My brother insured his 1.9 205 gti in my mothers name which was great when it came to paying the reduced premium, it did have a major down side though.......
One day he was driving along and in the process of changing a cd, rear ended a taxi.....ouch.
Then the fun began!
My mother filed a claim and within a week the insurers wanted to send a rep to interview both my mother and brother regarding the details on the policy ie. who was really the main driver.
Anyway to cut a long story short they refused to pay for the damage to my brothers car leaving him 3k out of pocket.
They did however pay for the third party damage.
A lesson there i thnk.
Nik.
One day he was driving along and in the process of changing a cd, rear ended a taxi.....ouch.
Then the fun began!
My mother filed a claim and within a week the insurers wanted to send a rep to interview both my mother and brother regarding the details on the policy ie. who was really the main driver.
Anyway to cut a long story short they refused to pay for the damage to my brothers car leaving him 3k out of pocket.
They did however pay for the third party damage.
A lesson there i thnk.
Nik.
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#60
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is that FC or TPFT
I got quoted £1900 FC on a UK 2000 X plate classic no mods, i laughed, then called them back and said, no thanks, i will insure the brand new, faster one through you for £900.
I got quoted £1900 FC on a UK 2000 X plate classic no mods, i laughed, then called them back and said, no thanks, i will insure the brand new, faster one through you for £900.