Named Driver

Enverex · Two Stroke Sniffer Joined: 25 Oct 2004 Karma :

When talking to the parents about insurance, they seemed to think it would be a good idea to put my as a named driver on my dads insurance (I think he was insured for like 5 years on his Honda NTV with full NCBs, he's 55) as opposed to me going on my own with TPFT.

Well, as I am 19 and looking to insure a Honda NSR125 how exactly does this work? Would it save lots of money, would it save any money? Would it work at all and is it even legal? I don't quite follow how the named driver thing works.

Cheers,
Ex

Ste · Not Work Safe Joined: 01 Sep 2002 Karma :

Yes it will be cheaper to be on an insurance policy of your dads as a named driver. You say he was insured for five years with full NCB, how long ago was that as NCB don't stay valid that long.

It is perfectly okay to have the your dad as the policy holder with you as a named driver if that's correct, the policy holder is meant to be the main user of the vehicle and they are wise to people being a named driver with a parent as the policy holder to get the premium down. It won't be a problem unless you had to make a claim in which case you and/ or your dad would be in shit.

Also you aren't building a NCB string of your own which is very useful when young and also if you had an accident it would be your dads NCB at risk and his insurance.

It is perfectly legal to have your dad as the policy holder with you as a named rider as long as he is the main user of the vehicle. TO find out how much cheaper it is just get a quote from www.clickquote.com .

Enverex · Two Stroke Sniffer Joined: 25 Oct 2004 Karma :

Does it cost more to add someone as a named driver then? As I don't see anything on clickquote to add things like "how many named drivers" etc...

Geez, I just did it normally on there. Fully comp for me was ~£1300, fully comp for my dad was £116. Thats just taking the piss...

G · The Voice of Reason Joined: 02 Feb 2002 Karma :

Fully comp is very unlikely to be worth it at your age.
If you're talking about a bike that's value's under £1500 I would go with TPO, consider TPFT for over that value. Even if your bike does get stolen, you may end up with less money if you claim for it, than if you had TPO and just accepted the loss.

Bendy · Mrs Sensible Joined: 10 Jun 2002 Karma :

Sometimes it costs to add a named driver, sometimes it decreases the premium.

Just remember, if you cause an accident that's going to cost the insurance company a lot of money, they will try very hard to find any reason not to pay. You actually being the main user of the vehicle, but only insured as a secondary user, is a very good reason for them not to.

Ste · Not Work Safe Joined: 01 Sep 2002 Karma :

Generally yes it does cost more to add a named driver, it can actually reduce it if the person you're adding is a low risk person but to add a 19 year old with a provisional license will put the price up.

Bear in mind that online quote is a fair bit higher than you'll be able to get insurance for if you phone around (online quote are a waste of time other than for comparison purposes). It is fair enough that your dad's insurance is cheap as he is 55 with 5 years NCB and you're 19 with a provisional license so chances of having to pay out because of you are very high.

What bike is this all for?

Enverex · Two Stroke Sniffer Joined: 25 Oct 2004 Karma :

Honda NSR125, hense the insane prices. Just dropped Carole Nash off the list, they won't budge from £937 regardless of anyone elses quotes, heh. Next.

McJamweasel · BCF Junkie Joined: 22 Mar 2002 Karma :

If you take out the insurance in your name you can add your dad as a named rider, which should bring down the premium quite a bit. The bonus of that is that its one less thing for them to refuse to pay out on and you start your NCB string.
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m99dws · World Chat Champion Joined: 09 Jun 2004 Karma :

rizo9 · Nova Slayer Joined: 04 Jun 2004 Karma :

with most insurance companys the premium comes from the biggest risk driver.
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RS1Banger · Scooby Slapper Joined: 08 Oct 2004 Karma :

I don't know if this applies with bike insurance, but our lass has been applying for car insurance and she gets NCB allowed for every year she's been a named driver on my policy, this is on about half the places i've rung.

yambabe · World Chat Champion Joined: 12 Jul 2004 Karma :

You're really lucky then RS1banger, cos despite having been on my other half's policy for 6 years I couldn't get anyone to give me NCB when I got my own car. Sad

I also found an interesting piece of small print in our policy that I find discriminatory in the extreme, which is that where you have a policy with 2 drivers on, it is possible to transfer the NCB to the "second" driver - but ONLY IF YOU'RE MARRIED.
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THCi · Nearly there... Joined: 28 Sep 2004 Karma :

So get married... thats that problem sorted Twisted Evil

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G · The Voice of Reason Joined: 02 Feb 2002 Karma :

yambabe · World Chat Champion Joined: 12 Jul 2004 Karma :

So you're saying that my 11-year relationship is not as valid as a marriage then?

Or if you're not, then my insurance company certainly is........

What if I was gay, and had been with someone forever but was unable to marry them?

If they had said "no you can't transfer it" point blank I would have been happy with that. It just seems unfair that they can discriminate in favour of those who choose to go and get that little piece of paper.

Surely if "marriage" is a good enough reason to transfer NCB then a so-called "common-law" relationship (or as I prefer to describe mine, a partnership) should also qualify?
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G · The Voice of Reason Joined: 02 Feb 2002 Karma :

Bendy · Mrs Sensible Joined: 10 Jun 2002 Karma :

yambabe · World Chat Champion Joined: 12 Jul 2004 Karma :

JonB · Afraid of Mileage Joined: 03 Jun 2004 Karma :

It's insurance, everybody gets screwed, just like you BabyYam, just like the Male population get screwed. Just like the youngun's get screwed, irrspective of if they are the best rider in the world. Everything is generalised and unfortunately until you decide to marry, if you do. That is the only time you will claim that NCB. Karma

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Kickstart · The Oracle Joined: 04 Feb 2002 Karma :

Hi

Insurance is strange.

Many people do insure a vehicle in their parents name with them as a named driver. Perfectly legitimate if the parent is the main driver / rider of that vehicle.

It can knock a fair amount off adding a named driver. Adding Charlotte to my car insurance knocks it down by quite a bit. On the other hand I asked about adding Col as a named rider of the XJ600 while he was bike hunting and that put my insurance from ~£95 to ~£450.

Building up your own no claims is very useful. Possibly it does not save you that much money eventually, but it will get you out of a hell of a lot of hassle.

As to the insurance quote of £1300 fully comp. Given how likely a learner is to damage the bike and then be in a position to claim I would say that is quite cheap. Get caught out by the weight and drop it round a car park and to repair it using new parts would easily be £500, and few learners avoid dropping their bike.

All the best

Keith
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