I have mentioned this previously but anyways.
Sorry! Missed that one...
I have mentioned this previously but anyways.
If his old man has retired early, he should be in a good financial position to help out as well no?
This is what I'm not sure about myself. Whether he's fronting or not, it sounds like he's been miss-sold an insurance policy to me.hm, Also, why didnt BMW tell him in the first place that the insurance was void...as in, when he took it out.
If the problem is the fact that he took the finance out in his name from BMW and has his dad as the registered keeper and insurance holder then why wasnt it flagged up when he tool the policy out.
This is what I'm not sure about myself. Whether he's fronting or not, it sounds like he's been miss-sold an insurance policy to me.
Seems silly and it very could be legitimate that he bought it on finance as a gift for his dad and is a named driver and shares it with his dad. But hey dont let that stop us condeming the guy who just sufferd a car jacking.
Uberemei fidie?*I can't think of the proper legal term I've seen mentioned by insurers.
Except the fact that:Seems silly and it very could be legitimate that he bought it on finance as a gift for his dad and is a named driver and shares it with his dad. But hey dont let that stop us condeming the guy who just sufferd a car jacking.
Pretty much. She could have been in trouble if she had to make a claim.
[TW]Fox;15940467 said:How can you be the main driver of a car you dont drive?
So for every policy, insurance companies should check all your documents, how you financed the car and also survey who is using the car the most?That's my problem, what if a 18yo boy as named second driver drive dads car ONCE or first time, crash..........how prove it? If fronting is illegal then insurance company should not sell policy like that.
For me I've got my main car in my name with insurance in my name as the main driver, the wife has been added as a second driver. My wife never drives my car but I've added her name to bring the premiums down.
For the wifes car, the car is registered in my name, the insurance is in my name with the wife as a second but named main driver. So is what I'm doing insurance wise wrong then? I've always declared that the wife will be the main driver of her car and to date no insurance company has queried this.
I would think so yeah as she is driving it the most she needs to be put as the main driver.snip
If the insurance company did pay out, would they pay the full amount of finance owed or even early penalty? Or just the value of the car(sticker price) leaving this guy to find the difference?
You have no cause to be concerned as far as I can tell.
When you took out the policy were you asked if the Main driver (your Mrs) was the registered keeper of the car?
The difference here is that she IS the car's registered keeper. So you have not lied or mistakenly misled the insurance company.
If in doubt, check with the insurance company. Far better to find out now if there is a problem than when and if they is a huge claim hanging over you!