car insurance

[BensGrandad]

Can my wife and I own and insure 2 cars with different companies. We hope to buy a new car very soon but want to still run our old one for trips to the tip as we are going to be decorating, so obviously both will need to be insured. We cant insure 1 in each name as I havent had insurance in my own name for about 5 years and am a named driver on her insurance as she now has the NCB.

 

[skipper734]

Some companies will accept your NCB accrued by you as a named driver. The ex Mrs Skipper and I often had 3 or 4 cars all with different companies, she now has only 2. Her current squeeze has 2 and a Harley, I have no idea of their insurance situation, but you have no problem.

 

[C1 BHA]

Yes but your wife will have to take out a 2nd policy for which she won't have a ncb. However, as an experienced driver, she'll still get a good deal. Basically, she can't use her ncb against 2 policies, only one. Alternatively you could look at a multi car policy, that might work out better. Good luck.

 

[drew]

Admiral multi car is quite a good deal. Insure one vehicle with them and then add the second when its insurance comes up for renewal.

Not all insurers will allow named drivers to accrue NCB but I think Direct Line do.

 

[Thunder Bolt]

Admiral multi car is quite a good deal. Insure one vehicle with them and then add the second when its insurance comes up for renewal.

Not all insurers will allow named drivers to accrue NCB but I think Direct Line do.

The Coop allow named drivers to accrue NCB.

 

[dougdeep]

Ask a broker. He'll work out the best deal for you. I can't understand why people bother with comparison websites and the like when all your requirements can be sorted by an expert.

 

[drew]

Ask a broker. He'll work out the best deal for you. I can't understand why people bother with comparison websites and the like when all your requirements can be sorted by an expert.

Nothing wrong with that but for motor insurance, all the info you give the broker is what you would fill out anyway and then they go an industry comparative website and he will have to get paid some way. Motor insurance isn't rocket science so you don't need broker. Brokers won't earn much money from a motor policy and therefore that would correlate with the amount of work they would put in.

 

[Driver8]

Nothing wrong with that but for motor insurance, all the info you give the broker is what you would fill out anyway and then they go an industry comparative website and he will have to get paid some way. Motor insurance isn't rocket science so you don't need broker. Brokers won't earn much money from a motor policy and therefore that would correlate with the amount of work they would put in.

Comparison sites are effectively brokers too except you do all the work! They get paid the same way.

 

[timbha]

Admiral multi car is quite a good deal. Insure one vehicle with them and then add the second when its insurance comes up for renewal.n

Not all insurers will allow named drivers to accrue NCB but I think Direct Line do.

Be careful with admiral. When we renewed our multi car policy it was dearer than insuring separately with them........until we complained

 

[Garage_Doors]

I have several cars insured with different companies, why should it be a problem?

 

[£1.99]

Can my wife and I own and insure 2 cars with different companies. We hope to buy a new car very soon but want to still run our old one for trips to the tip as we are going to be decorating, so obviously both will need to be insured. We cant insure 1 in each name as I havent had insurance in my own name for about 5 years and am a named driver on her insurance as she now has the NCB.

Why post this question on here? Ask your insurance company!

 

[Garage_Doors]

Admiral multi car is quite a good deal.o.

It's never worked for me, the sum total of them all always comes out cheaper than having them all on a multicar policy every time I ask them for a quote.

 

[Deleted User X18H]

Can my wife and I own and insure 2 cars with different companies. We hope to buy a new car very soon but want to still run our old one for trips to the tip as we are going to be decorating, so obviously both will need to be insured. We cant insure 1 in each name as I havent had insurance in my own name for about 5 years and am a named driver on her insurance as she now has the NCB.

If you insure any entity with two different insurers you are creating an element of dual insurance . Subsequently and if not disclosed you may encounter problems at claim stage in realtion to each contribution , depending on your level of indemnity with each insurer.

 

[dougdeep]

Nothing wrong with that but for motor insurance, all the info you give the broker is what you would fill out anyway and then they go an industry comparative website and he will have to get paid some way. Motor insurance isn't rocket science so you don't need broker. Brokers won't earn much money from a motor policy and therefore that would correlate with the amount of work they would put in.

I've been using the same broker for 25 years. He knows my history and what I want. We exchange cards at X'mas.

 

[Deleted User X18H]

I've been using the same broker for 25 years. He knows my history and what I want. We exchange cards at X'mas.

Is it Warren Christmas? Tell me it is.

 

[drew]

I've been using the same broker for 25 years. He knows my history and what I want. We exchange cards at X'mas.

Very nice but that doesn't change the fact the motor insurance is pretty much standard. Use a couple of comparison websites, and check Direct Line and Aviva who don't subscribe to them and you should get a broad range of prices to chose from. I agree a broker is almost a necessity if you have something out the ordinary but for generic policies like household and motor you might as well do it yourself.

 

[drew]

Be careful with admiral. When we renewed our multi car policy it was dearer than insuring separately with them........until we complained

I agree that at every renewal you should always check prices. New policies can be cheaper than the actual market rate just to 'buy' in the business in the hope you just automatically renew the following year. Get cheaper quotes and invariably your existing insurer will match them.

 

[drew]

Comparison sites are effectively brokers too except you do all the work! They get paid the same way.

Hardly! All the information you fill on the form is what you would have to give the broker anyway so you are already doing the work!!!

 

[Official Old Man]

One thing I do is go to Quidco.com who will offer money back with certain companies. Today they have a £75 refund from Tesco. I've got insurance down to under £100 using this method.

 

[DumLum]

Be careful with admiral. When we renewed our multi car policy it was dearer than insuring separately with them........until we complained

In my experience many insurance companies hike the price in the second year in the hope you can't be bothered to shop around and its just easier to renew.