Just spoke to him about this. He was a named driver until the insurance ran out. He then renewed it in his own name, or so he thought, but the payment bounced so no insurance.
What a complete cluster - some srious advice needed please
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Just spoke to him about this. He was a named driver until the insurance ran out. He then renewed it in his own name, or so he thought, but the payment bounced so no insurance.
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What?
Do the insurers know his insurance was for a vehicle in which he has no interest?
Whos taxing it?
so did the payment actually bounce or, did the insurance cancel the policy?
Do the insurers know his insurance was for a vehicle in which he has no interest?
Whos taxing it?
so did the payment actually bounce or, did the insurance cancel the policy?
Perhaps I could upgrade my insurance policy to drive any other car? .....and perhaps another reason why his insurance did not go through!
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
This usually requires the car to be insured in its own right these days. Which this one isn't.
He is driving it around and is responsible for it whilst it's on loan to him, so he does have an interest in it.
I said renewed, should have said new policy - sry. Son was taxing it using our address - we did not know until we got the failure to pay letter.
So I am beggining to suspect there is little I can do. Although not ideal but nothing will be out of this situation would it be the 'best' plan to get the owner to relinquish the ownership of the car to the impound to stop the charges - they will initially land on his doorstep and he is aware it is in a pound. They will sell it which hopefully covers the costs due to the damge then the boy picks up the tab.
Who knows, although he is my son he is a f ' wit. I suspect it is more along the lines of what Iamzod has said about owners and insurers.
Associate
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Take your belt to him.
If the payment bounces they will usually send a letter and bombard you with calls. IIRC you have 7-14 days so make a payment otherwise the insurance is void. I made a mistake once where I transferred my money out so the payment missed, received a letter and several calls which sorted it out at once.
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Options:
1. Call your insurer and ask if you can add a second car to your policy for which you are not the registered keeper (surely your son's friend will allow you to pickup the car for him). If they ask why you are insuring a car for which you are not the registered keeper, keep the information offered to a minimum but do not lie. Perhaps simply that you need to move the vehicle from one place to another to aid your son who is having financial troubles? If they say no, leave it.
2. www.confused.com - or another comparison site - and check out insurance rates. They allow you to select various options for registered keeper vs you/your son as insured person. Put in the details as asked and see what they come back with. I'm sure you'll find a few. I'm sure this would be a lot cheaper for you to recover the car but that is up to you. Be sure you have one that will send you the insurance cover note by email / electronic delivery or special delivery if you're doing it in your name and want to do this before you go on holiday.
You only need a normal policy for releasing the car, don't go by the crud that you need a special policy. The car in question must be a named vehicle on the policy (it needs to show the license place on the insurance cover note unless you have dealer/trade insurance).
All policies have to give you a 14 day cooling off period... they are allowed to charge you for the time insured and an admin charge. Compare the options somewhere like confused.com gives you and see which one has the lowest charges. You should be able to get insurance to get it released and then cancelled for under 100 quid... easily.
Good job on supporting your son in this, even if he is, like you say, a f'wit
To do this though, you will have to check with the impound lot if they will release the car to someone who isn't the registered keeper. There are some car loan companies I have heard of who keep the V5 though, so I'm sure they've dealt with something a little peculiar like this in the past.
I don't think it makes much sense to part with 5 grand vs 500 to release the car, 2k to fix the car and 200-300 to pick the car up and insure it to get it back.
1. Call your insurer and ask if you can add a second car to your policy for which you are not the registered keeper (surely your son's friend will allow you to pickup the car for him). If they ask why you are insuring a car for which you are not the registered keeper, keep the information offered to a minimum but do not lie. Perhaps simply that you need to move the vehicle from one place to another to aid your son who is having financial troubles? If they say no, leave it.
2. www.confused.com - or another comparison site - and check out insurance rates. They allow you to select various options for registered keeper vs you/your son as insured person. Put in the details as asked and see what they come back with. I'm sure you'll find a few. I'm sure this would be a lot cheaper for you to recover the car but that is up to you. Be sure you have one that will send you the insurance cover note by email / electronic delivery or special delivery if you're doing it in your name and want to do this before you go on holiday.
You only need a normal policy for releasing the car, don't go by the crud that you need a special policy. The car in question must be a named vehicle on the policy (it needs to show the license place on the insurance cover note unless you have dealer/trade insurance).
All policies have to give you a 14 day cooling off period... they are allowed to charge you for the time insured and an admin charge. Compare the options somewhere like confused.com gives you and see which one has the lowest charges. You should be able to get insurance to get it released and then cancelled for under 100 quid... easily.
Good job on supporting your son in this, even if he is, like you say, a f'wit
To do this though, you will have to check with the impound lot if they will release the car to someone who isn't the registered keeper. There are some car loan companies I have heard of who keep the V5 though, so I'm sure they've dealt with something a little peculiar like this in the past.
I don't think it makes much sense to part with 5 grand vs 500 to release the car, 2k to fix the car and 200-300 to pick the car up and insure it to get it back.
Options:
1. Call your insurer and ask if you can add a second car to your policy for which you are not the registered keeper (surely your son's friend will allow you to pickup the car for him). If they ask why you are insuring a car for which you are not the registered keeper, keep the information offered to a minimum but do not lie. Perhaps simply that you need to move the vehicle from one place to another to aid your son who is having financial troubles? If they say no, leave it.
2. www.confused.com - or another comparison site - and check out insurance rates. They allow you to select various options for registered keeper vs you/your son as insured person. Put in the details as asked and see what they come back with. I'm sure you'll find a few. I'm sure this would be a lot cheaper for you to recover the car but that is up to you. Be sure you have one that will send you the insurance cover note by email / electronic delivery or special delivery if you're doing it in your name and want to do this before you go on holiday.
You only need a normal policy for releasing the car, don't go by the crud that you need a special policy. The car in question must be a named vehicle on the policy (it needs to show the license place on the insurance cover note unless you have dealer/trade insurance).
All policies have to give you a 14 day cooling off period... they are allowed to charge you for the time insured and an admin charge. Compare the options somewhere like confused.com gives you and see which one has the lowest charges. You should be able to get insurance to get it released and then cancelled for under 100 quid... easily.
Good job on supporting your son in this, even if he is, like you say, a f'wit
To do this though, you will have to check with the impound lot if they will release the car to someone who isn't the registered keeper. There are some car loan companies I have heard of who keep the V5 though, so I'm sure they've dealt with something a little peculiar like this in the past.
I don't think it makes much sense to part with 5 grand vs 500 to release the car, 2k to fix the car and 200-300 to pick the car up and insure it to get it back.
That sounds like a workable plan - fingers crossed and thank you.
Soldato
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This x100.
When my insurance got renewed they had my old card details so they didnt take the cash, think I got about a months notice to pay up. They sent me many letters and phonecalls to chase me too, not being arsy just informing me that they hadnt taken payment.
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[TW]Fox;28405570 said:
I was told by admiral that they wouldn't insure a car I was not the owner of as I had no Financial interest in the vehicle. So much akin to finance letters advising they have no further interest in the car to protect yourself.
If he ends up having to bail his son out by purchasing said car, he has a financial interest in it
Agreed, if it was me I would just pay the fine and inform the guy his car got impounded because he failed to pay the insurance.
Considering the fine is his fault I would also be very tempted to claim the car was undamaged when the police took it.
Turns out he was meant to be paying the insurance
I have the feeling he's basically stole his friends car