I have just bought a new car & reg'd in wifes name.

So we have 3 cars. My car & her old car are up for sale. Not fussed which sells....I think but ideally hers.

But if mine sells she will have 2 cars in her name. I will have to insure one of them in my name. In practice we share the cars anyway.

Is that any hastle that I am not the registered keeper on the V5. I live at the same address..... I paid for it.

my work car isnt registerd to me and its insured in my name

so i cant see any problems

for some reason a lot of insurance companys won't even quote on a car not registered to you,i had 5 cars a while ago and found insurance a nightmare the companys that wuld quote were generally 25% more,i have no clue why:mad:

I have not found any issues with insuring cars not registered to you. Dont forget as stated on the V5, the registered keeper is not neccesarily the legal owner.

If it's owned by your spouse then they usually treat it the same as if you owned it, especially if you'll both be driving it. Never had any issues in the past doing it

Chris

My insurers always ask me who the main driver is of any car, regardless of who it is actually registered to.

HTH

The problem insurance companies have with it is something called "fronted risk", which basically means hiding someone expensive to insure as a named driver behind someone who is considered to be much less of a risk

Typical example is me,

My Grandad is the policyholder on my car even though the V5 documents says it is registered to me, He has 5 years no claims on the account and me as a named driver.

Going this route saves me £400 on having a policy in my own name. Direct Line are very cross with this as are many insurance companies, because they want to try and keep screwing young people out of money:mad:

The problem insurance companies have with it is something called "fronted risk", which basically means hiding someone expensive to insure as a named driver behind someone who is considered to be much less of a risk

Typical example is me,

My Grandad is the policyholder on my car even though the V5 documents says it is registered to me, He has 5 years no claims on the account and me as a named driver.

Going this route saves me £400 on having a policy in my own name. Direct Line are very cross with this as are many insurance companies, because they want to try and keep screwing young people out of money:mad:

I worked in car insurance until recently and if your granddad in named as the main driver but you in effect are he main driver, then you risk your insurance being invalid if you make a claim.

This is not because insurance companies are "screwing young people out of money" but because young people DO cost much more in claims and ARE a much greater risk.

I may sound harsh but its a fact. I have 2 young drivers in the family and would not take the risk as I have seen too many claims rejected because of the Main Driver issue.

I have just bought a new car & reg'd in wifes name.

So we have 3 cars. My car & her old car are up for sale. Not fussed which sells....I think but ideally hers.

But if mine sells she will have 2 cars in her name. I will have to insure one of them in my name. In practice we share the cars anyway.

Is that any hastle that I am not the registered keeper on the V5. I live at the same address..... I paid for it.

the issue is with the national Motor Insurance Database but there is no problem when it is a spouses car.

Thanks Slider it sounds like you know what you are talking about.

I worked in car insurance until recently and if your granddad in named as the main driver but you in effect are he main driver, then you risk your insurance being invalid if you make a claim.

This is not because insurance companies are "screwing young people out of money" but because young people DO cost much more in claims and ARE a much greater risk.

I may sound harsh but its a fact. I have 2 young drivers in the family and would not take the risk as I have seen too many claims rejected because of the Main Driver issue.

Why do I have to be a statistic?

Theres a word for this sort of thing and it's called discrimination. If one black person commits a crime, would we say that all black people are bad, I think not or would certainly hope not

So if a 19 year old driver crashes because he is driving like a tw*t, this means we all drive like this?

Not having a go at you, I do IT support for an Insurance Company who are very nice people. But I think there should be a governing body that should prevent premiums for younger drivers getting out of hand because some of us need a car for emloyment purposes

So if a 19 year old driver crashes because he is driving like a tw*t, this means we all drive like this?

Plenty of young drivers crash without driving like tw*ts. It's down to inexperience and *thinking* they have nothing left to learn. Discounts are available if you've taken an advanced test so maybe it's worth investing in doing one of those? I spent about £60 on the course and exam and saved £200....

Chris

Plenty of young drivers crash without driving like tw*ts. It's down to inexperience and *thinking* they have nothing left to learn. Discounts are available if you've taken an advanced test so maybe it's worth investing in doing one of those? I spent about £60 on the course and exam and saved £200....

Chris

I have pass plus, but Direct line who I am with dont care about it

Why do I have to be a statistic?

Theres a word for this sort of thing and it's called discrimination. If one black person commits a crime, would we say that all black people are bad, I think not or would certainly hope not

So if a 19 year old driver crashes because he is driving like a tw*t, this means we all drive like this?

Not having a go at you, I do IT support for an Insurance Company who are very nice people. But I think there should be a governing body that should prevent premiums for younger drivers getting out of hand because some of us need a car for emloyment purposes

Not saying all youths are bad drivers - there are many young drivers that are better than some of the older generation. Unfortunately all insurance is based on risk and statistic - whether thats for cars, houses or whatever and I can't really see another way of basing the premiums.

If all Insurance companies based premiums on a young driver having less risk than a older driver I'm afraid many would go out of business.

Don't forget either that it is not the risk of damage to the Policy holdercar, whether it is worth £500 or £50,000 that is the big cost - its the cost of liability claims where som poor soul is injured and need expensive care for the rest of their lives (in the car insurance world death is much cheaper)