Insurance legality

tipp86

Is an insurance liable to be declared void if i do not declare having two cars insured?

The reasoning is to put a learner driver on the second car.

When you declare you have a second car they will automatically assume the learner driver is the main driver.

keithclancy

tipp86 wrote: »

Is an insurance liable to be declared void if i do not declare having two cars insured?

The reasoning is to put a learner driver on the second car.

When you declare you have a second car they will automatically assume the learner driver is the main driver.

You can only use your NCB on one policy, so if you declared it for the second policy without stating your using it on the first then thats a false declaration

tipp86

keithclancy wrote: »

You can only use your NCB on one policy, so if you declared it for the second policy without stating your using it on the first then thats a false declaration

Ok so there is nothing wrong with just saying you dont have a NCB even though you do !

keithclancy

tipp86 wrote: »

Ok so there is nothing wrong with just saying you dont have a NCB even though you do !

You mean lying by omission ;P

Its a common trick people try to get cheap insurance for their kids starting out driving. With 0 years no claims bonus though there isn't a benefit, it'll just be the young persons premium + a cost on top for the extra person (you)

It would probably be cheaper for them to be the main driver and you a named driver (if your a woman)

oldyouth

If you misrepresent the facts to an insurer or withold information they could reasonably require to consider acceptance or rating of the policy, then it is voidable at the descretion of the insurer.

I think we've all trashed to death the argument that an insurer can not refuse indemnity to a 3rd party in the event of an accident but they can do as they please to your own portion of the claim

funkyjebus

oldyouth wrote: »

If you misrepresent the facts to an insurer or withold information they could reasonably require to consider acceptance or rating of the policy, then it is voidable at the descretion of the insurer.

I think we've all trashed to death the argument that an insurer can not refuse indemnity to a 3rd party in the event of an accident but they can do as they please to your own portion of the claim

your right that they have to pay third party, but they will look to reclaim any money given to a third party.

most insurers will have a condition precendent to liability, therefore if not complied with they do not have to pay the claim except as explained above. normally the condition is as follow;

please note that failure to disclose all material facts may invalidate this insurance policy and result in a claim being repudiated. material facts are those facts that an insurer would regard as likely to influence the acceptance and assessment to your insurance. if you are in any douth wheather a fat is material then you should disclose it.

that is offical wording from a standard motor policy. lie at your peril

TouchingVirus

funkyjebus wrote: »

lie at your peril

QFE

Gophur

tipp86 wrote: »

Ok so there is nothing wrong with just saying you dont have a NCB even though you do !

If you claim to be the main driver, when, in fact, you are not, you are guilty of lying to the Ins Co and could have your policy declared null and void.

If the named driver is, in fact, the main driver, you could have a problem.