Insurance question + friends policy

AmDaMan · 1 Nov 2007 at 23:44

Hi, just got off the phone with my mate and had quite a long chat.. Basically the car I have just purchased now is on his policy temorarily for 2months. This is because my current insurers wont insure me on it but I didn't want to cancel the policy because I am so close to my 3rd years NCB so kept the policy going.

So I asked my mate if he could put me on his policy for 2months with Direct Line, no problem £80 a month for 2 months. He received the cover not and my name was on it and everything was spot on.

Anyway when we were talking he said something about my insurance wasn't actually valid.. i thought wtf is he talking about. He said that the 'registered owner' and the 'registered keeper' are 2 different things and for my policy to be valid it has to be under his name on the log book and said if I had a crash I would have to sign the logbook into his name (he's not wanting to steal from me as he has a VXR and known him ages

)

He kept saying as the logbook is addressed to me and his policy is under his address it's not valid and I don't understand this. I mean i'm sure loads of cars are registered differently from the insurance address depending on personal situation and circumstances??

Can someone clear this up?

thanks

M0T · 2 Nov 2007 at 00:39

Well the insurance can be his with you as the main driver and register keeper as long as the insurance company know this.

The problem might arise as the insurance company will be insuring the car as if it were at his address, whereas in reality it would be at yours. In the event of a theft claim (or any claim really) they may find that the registered address differs from the address it was insured at and charge more/void the policy.

Basically if he lives in a low risk area and you in a high one they may screw you over if they find it was being kept in a high risk location.

timbob · 2 Nov 2007 at 00:46

His claim isn't true. When getting an insurance quote, there's always an "are you the registered keeper" question. As long as he put "no", then surely that's fine.

M0T · 2 Nov 2007 at 09:23

timbob said:
His claim isn't true. When getting an insurance quote, there's always an "are you the registered keeper" question. As long as he put "no", then surely that's fine.

I think the point his friend was making was that it doesn't matter about the registered keeper, its that the car may not be being kept at the address the insurance thinks it is.