i always thought i could drive another car 3rd party as long as its not owed by myself and is insured with the owner,

i used my friends car today which hasnt its own insurance but they use it on a traders policy, i phoned my insurance up to check if im insured on it and be covered on mine..
I was told that the car dont need to be insured in its own right and i can drive it without any on it as 3rd party..

when did they change that??

 

it was always the case,,, insurance companys just lied so that people wouldnt be flying about in 600bhp cossies when paying for a 1300 escort,, thats how i drove my cossie when i first got it,, though you wont be able to get it taxed

ive been pulled before and never had a issue apart from when the reg on my own car was wrong,,, as that was in my name they took it off me,, how pissed off was i is a understatment !!

 

The owner of the car would have to have had an insurance cert to tax the car, so in most cases it would be insured. I suppose as long as the car was taxed and you were insured through your policy for the 3rd party claim then all is rosy?

 

the car has mot and tax as he has a traders insurance,
but i never knew you could do that

 

A lot of policys are pulling the whole driving others cars thing due to abuse of the system so dont be surprised if next year its not on policy

They have pulled lots of policy features during the recession due to morons ruining it for everyone.

I wonder how long until fully comp and fire and theft gets yanked?? I can see both of them becoming targets to save insurers money if the country continues to decline over next 10-15years.

 

on my last policy it said the other car had to be insured but this one didnt,
the lady did point out if i left the car on the road it could be taken because it had no insurance without me in it

 

when i was with a company called quinn direct the case was i could only drive cars up to a 2.0l and only vans that didnt have signs or company names on them but i had to have permission from the owner and it must be insured by the owner and road legal the insurance covered 3rd party only

P.S my insurance policy was 3rd party fire and theft

 

i didnt know that could happen,i always presumed the other car had to be properly insured.

 

I was told the car had to have some kind of policy on it by my insurers fairly recently.

 

do you realise how much money insurance companys actually make each year,, NONE of them loose money at all !!!!

even if there was a claim against you they ALWAYS get there money back,,, ive been driving for 7 years,,,, first insurance was 1700 quid, second was 900, third was 800 then 350 the year after,, then to 250 then back to 1200 quiid and now its435 quid a year for one car and 900 a year for the other as my ex is on the policy,,,, in that time i have NEVER made a claim ( though the ex has pmsl) and i aint the only one either,,,, thats all FREE money as they aint actually making anything as such and we all need insurance and getting rid of fully comp ect will just bring the price down,,,, so whats the point

even if i was to claim i would still be out of pocket and my prices go up for the next 5 years too

 

if your fully comp then normally your insured to drive other cars 3rd party so long as the car has insurance tax an mot on it.. it has to be this way else traders would not need a traders policy, they would be able to drive anything on there own car policy.. the difference is, a trader can drive a car without insurance on it, you can't. job done

 

one of my policies says i can drive any other car that's not owned by me and be covered 3rd party

another policy says i can't drive any other car thrid party

so read the small print

 

TRADERS COULDNT DO THAT AS IT WOULD BE WORK RELATED AND NOT PRIVATE USE, thats totally different

look at it this way,, if you had a crash whos insurance would be paying out,, yours or the owners ?

 

I havent checked recently but my old insurance with Trinty Lane insured me to drive any car 3rd party (for private use) as long as it has MOT and TAX it didint need to be insured as long as i have owners consent and it wasnt used for business.
Obviously due to my business ive seen loads of policys like this and never had problem paying out when had a accident, BUT DO READ SMALLPRINT as some do require car to be insured aswell.

 

You are so right, insurance companys make millions and never lose out, but everyone seem to think its because of the claiming industry that it goes up.
Did you know 2009 there was less PI claims than 2008 so that means people will now see insurance getting cheaper this year dont think so.

 

its insane but int he past ive avoided a claim and paid myself lol why do we do that

my mate has zero no claims, hes had all sorts of accidents or hes paid people to write his own car off etc, house claims galore etc also, made a fooking fortune out of it in dribs drabs 4k here 5k there etc.

fook it use it and abuse it i say, mind you ive got 7 years no claims and the wife the same

 

the car had mot and tax and i told them it wasnt insured but she told me i can drive it 3rd party still without that having insurance,
looks like some insurace policys you can others you cant

 

Its still a case of reading what is on your policy, never take the word of the person on the other end of the phone! Half the time they dont know what they are talking about.

Bell have removed their flexi bell, which is a kick as i now cant drive other cars 3rd party.

 

i was paying £186 a year to insure a mk2 escort on classic policy but limited to 5000 a year miles and i can driver any car upto the value of 30k third party, but the man a Trinity Lane said a lot of people get insured on a crap car to go drive another car about all they do is put there family member on the logbook.

 

oh no this was only a little ford ka 1.nothing not worth anything and mines a 1.8 gti..only reason didnt take mine was because getting fixed..

 

so why are insurance companys all over the shop withdrawing agreed value policys and such like??

Surely if they are making a profit out of that specific product theyd keep it??

or is it just insurance company greed cashing in on the recession as an excuse to reduce the amount theyd have to pay out on potentially high claims???

 

Some interesting 'facts' on here.

Ref the whole 3rd party thing.... if the car has no insurance on it you're still technically covered to drive it (if you have the 3rd party extension). However, once you step out the car you are committing the offence of leaving an un-insured vehicle on the highway, hence you'll get 6 points and a £100 fine.

Ref insurers not losing money, i won't bore you with too many figures, just that for every £1 the insurers get they are currently paying 78p just in PI claims. Factor in repair costs, theft payouts, staff wages etc and you can imagine their figures aren't that great.

 

phone my insurance company the saturday to see if i could drive another car they said im only insured to drive my car that the policy is with. they said that less and less insurance companies are letting u drive other cars on your insurance as its a lot of hassle with accidents etc and fiddles