Car insurance and missing no claims

You still have to tell them what vehicle it's for, is the point. You see, your attempt to ridicule the OP is invalid.

Oirish logic?

I was going to say the same i had the same problem when i came of my dads insurances. The only thing i would add is...

Find a local _independant_ insurance broker, always worth an extra £25 or so for the convience of being able to go and have a moan at them if it all goes wrong somewhere down the line.

Yup and buggering about with who can help too as posts below show, my dad is a named driver on my car and me on his, simply so we get cheaper quotes.... Madness..

Not me that's being the idiot.

If your son were to buy a new car, he might be able to get a deal which includes free insurance for a year or longer.

I'm not recommending this, and it might be illegal, but I will mention it anyway.

You could try inventing a figure which seems like an affordable, credible quote, then ring various insurers direct, telling them you've had a quote for the fictitious amount and ask them to match or beat it.

The more ethical amongst them will ask you for proof (tell them it was a telephone quote and hang up), but some insurers are so rapacious they might well fall for it.

Adrian

My son who is thirty years old has not had much use for a car of his own so has often used mine when needed and so has been included on my insurance. He now needs a car of his own, and when looking at the insurance costs finds he is quoted about 800 a year even for an old 2002 Honda Civic which is only worth 1300 or so. And that's looking at the cheapest quotes on the price comparison sites out of moneysavingexpertcom.

He was told by one company he rang, that his premium was high since he had no 'no-claims' bonus. That's despite driving accident free since he was seventeen, but its because he had no car insurance in his own name.

Is there any way that it could be arranged to try and bring his premium down? I don't mind including him on my insurance if that would help, or is there any other way that we could usefully try? Thanks.

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Thanks to all for the contributions, but somehow I don't feel I have made much progress, like the chap who posted who was in a similar situation who said he had tried every which way, with no success.

Insurance companies ignoring that my son has had 15 years driving driving with no claims and treating him like a first time driver seems to me like the insurance companies are behaving like the Bankers who have been accused of having a false sense of * entitlement *, i.e. just helping themselves.

Insurance companies with a little collusion amongst themselves could be printing money, since they know we need by law to have insurance.

I've heard it said insurance premiums have gone through the roof, due to visitors staging accidents to make false claims. I dont know if that's true or just another excuse for greed.

I wonder if there might be a time for setting up companies like the old 'mutual' help Societies, like the original Building Societies sprang out of. Companies set up with some careful 'vetting' of customers which sorted out the high risk from the low risk in car insurance terms would bring premiums right down, wouldn't you think?

It makes me wonder what the legal requirements would be for setting up a motor insurance company? If low risk drivers were asked to deposit a sum of money beforehand in case they made a claim (which they would get back on leaving the company) it would make it quite a low risk company to set up I would think?

How would an insurance company be able to verify that your son had not made a claim on someone else's policy?

You don't if you are rich enough:

NFU Mutual? Which rates them highly. And you don't have to be involved in agriculture these days.

Adrian

That sounds highly unlikely to be true.

They already exist, for example Liverpool Victoria and NFU Mutual.

No.

I think you would need to be approved by the FSA and a member of the MIB, you would need reinsurance from a larger company, and you would need the capital to cope with claims under the reinsurance limit. But I am anything but an expert on such things.

I haven't seen the previous thread on this so don't know if applying to your own insurance company has been suggested. Many insurance companies will credit a driver with NC based on his inclusion on someone else's insurance with that company. Admiral is one and I know there are others. My son insured though his company insurance and was credited with all NC based on his record as a named driver.

Firstly, the value of the car has very little bearing on the insurance premium. T-bone a Buggatti Veyron, and the cost to repair your own car pales into insignificance compared with the 3rd party claim!

There are several insurance companies that will take into consideration a person's experience driving someone else's car. They usually require proof that the person was insured on the car(s) they claim to have been driving.

It is something that will need to be discussed with each potential insurer, it is not something I've seen on the form you fill in to get a quote. A person I know got 1 year's no-clam discount after showing that they had been driving company vehicles for the previous year, even though it was for the first car they owned.

I only know the company he finally went with, which was Aviva. He got lots of online quotes to start with, and received lots of callbacks, at which time he always stated at some point, "Sorry, but I have several quotes and yours is not competitive." Almost always the price would immediately come down, often by a surprising amount and various "sweeteners" added in, such as the no-claims discount, points on a loyalty card etc. It may have helped that he was paying the entire year rather than by monthly installments, I don't know.

Unlikely. The claim that could be made for a person who is killed in an accident is likely to be *far* less than the claim in respect of a badly damaged Veyron. It is also usually cheaper for the insurance company to pay out for a dead person than for a person who has been seriously injured, especiall if the dead person is a child.

It is a reduction for existing policyholders that have earned it by a number of years being a customer without making a claim. Unfortunately it is not just a reward for good driving as you must also have been a customer to earn it in the first place. Once it has been earned, and not lost again, it becomes widely transferable. It is not a conspiracy in any normal sense of the word. The insurance companies simply apply a common set of rules that they use to make the bonus transferable.

CIS take into account years as a named driver on somebody else's policy. HTH

... Although I found NFU premiums much too high for me.

To the OP: Contact a good independent insurance broker. They can usually negotiate better deals for you than by using a price comparison web sites. The web site will give you the 'standard' terms.

My wife got a "free" 1 year NCB just from having been insured as a named driver on my car.