10 Most Common Car Insurance Myths

10 most common car insurance myths Policy myths You can save money by using someone else's name and just being a named driver You can insure a vehicle with more than one insurer If fully comp. you're covered fully comp. automatically on anybody's car you drive This isn't automatic so always check. Usually it's only 3rd party cover, so it could prove costly if you are involved in an accident. Also, the law states vehicles need a permanent insurance policy, so make sure the vehicle already has cover in place. This is known as fronting and is fraud. Insurers can find out who the main user of a car is. If you have a claim, this could invalidate your insurance and any claim may not be paid out. This is not recommended as it raises the issue of 2 insurers dealing with a claim. You should only insure your car with a single insurer. An exception would be if you need temporary cover on a vehicle when the current insurer won't insure the driver. Check with the insurer before driving to be sure you're covered. Conviction myths Invalidating your policy myths You can't get insurance with a driving conviction Charging petrol money for a lifts to work invalidates your insurance You will find fewer companies willing to insure you and the chances are you'll pay a higher premium. For speeding, this is far more common and you shouldn't have too much an issue with 1 speeding conviction, though if you have more than one you will see more of a rise in premium This is a common myth but as long as you are not profiting from the lift, then your insurance should be valid. However, this could raise questions about the purposes your car is used for, so always check your policy and make sure you are adequately covered. Don't tell car insurers about An out of date tax disc or MOT will invalidate UHOHNO your motorbike or van driving convictions or claims your insurance This depends entirely on your policy terms & conditions: some say you need a valid MOT, check which one your insurer has. say vehicle has to be roadworthy. Most insurers will expect you to disclose all motoring convictions and claims, regardless of the vehicle being driven, even if your previous insurer didn't ask, as every insurer is different. This is to ensure that your new insurer can apply the right criteria to your policy and offer you the best cover. Although any claim may be dealt with, if you car doesn't have a valid MOT document during a claim, then the value of the vehicle will be severely diminished. Always make sure your vehicle is fully taxed, insured, and MOT'd Claim myths There's no excess if accident is not your fault or car is stolen You can claim the full value for any personal effects stolen Claiming for windscreen means you lose your no claims bonus If an accident is not your fault you may only get your excess back if your insurance company gets all of its money back from the third party or their insurer. In cases where your car is stolen it is unlikely that this will happen so you will almost Most companies have an upper limit (typically £150 excluding the stereo) that can cover items stolen from a car. As this is limited it doesn't always cover a mobile or laptop, so it's recommended to avoid leaving valuables on display, As long as this is all you are claiming for your no claims bonus should remain intact. However you may have to pay an excess. definitely have to pay your excess. elephant.co.uk elephant.co.uk's salesline is 0800 118 1644 open 8am to 11pm on weekdays, 9 am to 8pm on Saturdays, and Sundays 10am to 8pm. Seriously good car insurance 10 most common car insurance myths Policy myths You can save money by using someone else's name and just being a named driver You can insure a vehicle with more than one insurer If fully comp. you're covered fully comp. automatically on anybody's car you drive This isn't automatic so always check. Usually it's only 3rd party cover, so it could prove costly if you are involved in an accident. Also, the law states vehicles need a permanent insurance policy, so make sure the vehicle already has cover in place. This is known as fronting and is fraud. Insurers can find out who the main user of a car is. If you have a claim, this could invalidate your insurance and any claim may not be paid out. This is not recommended as it raises the issue of 2 insurers dealing with a claim. You should only insure your car with a single insurer. An exception would be if you need temporary cover on a vehicle when the current insurer won't insure the driver. Check with the insurer before driving to be sure you're covered. Conviction myths Invalidating your policy myths You can't get insurance with a driving conviction Charging petrol money for a lifts to work invalidates your insurance You will find fewer companies willing to insure you and the chances are you'll pay a higher premium. For speeding, this is far more common and you shouldn't have too much an issue with 1 speeding conviction, though if you have more than one you will see more of a rise in premium This is a common myth but as long as you are not profiting from the lift, then your insurance should be valid. However, this could raise questions about the purposes your car is used for, so always check your policy and make sure you are adequately covered. Don't tell car insurers about An out of date tax disc or MOT will invalidate UHOHNO your motorbike or van driving convictions or claims your insurance This depends entirely on your policy terms & conditions: some say you need a valid MOT, check which one your insurer has. say vehicle has to be roadworthy. Most insurers will expect you to disclose all motoring convictions and claims, regardless of the vehicle being driven, even if your previous insurer didn't ask, as every insurer is different. This is to ensure that your new insurer can apply the right criteria to your policy and offer you the best cover. Although any claim may be dealt with, if you car doesn't have a valid MOT document during a claim, then the value of the vehicle will be severely diminished. Always make sure your vehicle is fully taxed, insured, and MOT'd Claim myths There's no excess if accident is not your fault or car is stolen You can claim the full value for any personal effects stolen Claiming for windscreen means you lose your no claims bonus If an accident is not your fault you may only get your excess back if your insurance company gets all of its money back from the third party or their insurer. In cases where your car is stolen it is unlikely that this will happen so you will almost Most companies have an upper limit (typically £150 excluding the stereo) that can cover items stolen from a car. As this is limited it doesn't always cover a mobile or laptop, so it's recommended to avoid leaving valuables on display, As long as this is all you are claiming for your no claims bonus should remain intact. However you may have to pay an excess. definitely have to pay your excess. elephant.co.uk elephant.co.uk's salesline is 0800 118 1644 open 8am to 11pm on weekdays, 9 am to 8pm on Saturdays, and Sundays 10am to 8pm. Seriously good car insurance CH 10 most common car insurance myths Policy myths You can save money by using someone else's name and just being a named driver You can insure a vehicle with more than one insurer If fully comp. you're covered fully comp. automatically on anybody's car you drive This isn't automatic so always check. Usually it's only 3rd party cover, so it could prove costly if you are involved in an accident. Also, the law states vehicles need a permanent insurance policy, so make sure the vehicle already has cover in place. This is known as fronting and is fraud. Insurers can find out who the main user of a car is. If you have a claim, this could invalidate your insurance and any claim may not be paid out. This is not recommended as it raises the issue of 2 insurers dealing with a claim. You should only insure your car with a single insurer. An exception would be if you need temporary cover on a vehicle when the current insurer won't insure the driver. Check with the insurer before driving to be sure you're covered. Conviction myths Invalidating your policy myths You can't get insurance with a driving conviction Charging petrol money for a lifts to work invalidates your insurance You will find fewer companies willing to insure you and the chances are you'll pay a higher premium. For speeding, this is far more common and you shouldn't have too much an issue with 1 speeding conviction, though if you have more than one you will see more of a rise in premium This is a common myth but as long as you are not profiting from the lift, then your insurance should be valid. However, this could raise questions about the purposes your car is used for, so always check your policy and make sure you are adequately covered. Don't tell car insurers about An out of date tax disc or MOT will invalidate UHOHNO your motorbike or van driving convictions or claims your insurance This depends entirely on your policy terms & conditions: some say you need a valid MOT, check which one your insurer has. say vehicle has to be roadworthy. Most insurers will expect you to disclose all motoring convictions and claims, regardless of the vehicle being driven, even if your previous insurer didn't ask, as every insurer is different. This is to ensure that your new insurer can apply the right criteria to your policy and offer you the best cover. Although any claim may be dealt with, if you car doesn't have a valid MOT document during a claim, then the value of the vehicle will be severely diminished. Always make sure your vehicle is fully taxed, insured, and MOT'd Claim myths There's no excess if accident is not your fault or car is stolen You can claim the full value for any personal effects stolen Claiming for windscreen means you lose your no claims bonus If an accident is not your fault you may only get your excess back if your insurance company gets all of its money back from the third party or their insurer. In cases where your car is stolen it is unlikely that this will happen so you will almost Most companies have an upper limit (typically £150 excluding the stereo) that can cover items stolen from a car. As this is limited it doesn't always cover a mobile or laptop, so it's recommended to avoid leaving valuables on display, As long as this is all you are claiming for your no claims bonus should remain intact. However you may have to pay an excess. definitely have to pay your excess. elephant.co.uk elephant.co.uk's salesline is 0800 118 1644 open 8am to 11pm on weekdays, 9 am to 8pm on Saturdays, and Sundays 10am to 8pm. Seriously good car insurance CH 10 most common car insurance myths Policy myths You can save money by using someone else's name and just being a named driver You can insure a vehicle with more than one insurer If fully comp. you're covered fully comp. automatically on anybody's car you drive This isn't automatic so always check. Usually it's only 3rd party cover, so it could prove costly if you are involved in an accident. Also, the law states vehicles need a permanent insurance policy, so make sure the vehicle already has cover in place. This is known as fronting and is fraud. Insurers can find out who the main user of a car is. If you have a claim, this could invalidate your insurance and any claim may not be paid out. This is not recommended as it raises the issue of 2 insurers dealing with a claim. You should only insure your car with a single insurer. An exception would be if you need temporary cover on a vehicle when the current insurer won't insure the driver. Check with the insurer before driving to be sure you're covered. Conviction myths Invalidating your policy myths You can't get insurance with a driving conviction Charging petrol money for a lifts to work invalidates your insurance You will find fewer companies willing to insure you and the chances are you'll pay a higher premium. For speeding, this is far more common and you shouldn't have too much an issue with 1 speeding conviction, though if you have more than one you will see more of a rise in premium This is a common myth but as long as you are not profiting from the lift, then your insurance should be valid. However, this could raise questions about the purposes your car is used for, so always check your policy and make sure you are adequately covered. Don't tell car insurers about An out of date tax disc or MOT will invalidate UHOHNO your motorbike or van driving convictions or claims your insurance This depends entirely on your policy terms & conditions: some say you need a valid MOT, check which one your insurer has. say vehicle has to be roadworthy. Most insurers will expect you to disclose all motoring convictions and claims, regardless of the vehicle being driven, even if your previous insurer didn't ask, as every insurer is different. This is to ensure that your new insurer can apply the right criteria to your policy and offer you the best cover. Although any claim may be dealt with, if you car doesn't have a valid MOT document during a claim, then the value of the vehicle will be severely diminished. Always make sure your vehicle is fully taxed, insured, and MOT'd Claim myths There's no excess if accident is not your fault or car is stolen You can claim the full value for any personal effects stolen Claiming for windscreen means you lose your no claims bonus If an accident is not your fault you may only get your excess back if your insurance company gets all of its money back from the third party or their insurer. In cases where your car is stolen it is unlikely that this will happen so you will almost Most companies have an upper limit (typically £150 excluding the stereo) that can cover items stolen from a car. As this is limited it doesn't always cover a mobile or laptop, so it's recommended to avoid leaving valuables on display, As long as this is all you are claiming for your no claims bonus should remain intact. However you may have to pay an excess. definitely have to pay your excess. elephant.co.uk elephant.co.uk's salesline is 0800 118 1644 open 8am to 11pm on weekdays, 9 am to 8pm on Saturdays, and Sundays 10am to 8pm. Seriously good car insurance CH 10 most common car insurance myths Policy myths You can save money by using someone else's name and just being a named driver You can insure a vehicle with more than one insurer If fully comp. you're covered fully comp. automatically on anybody's car you drive This isn't automatic so always check. Usually it's only 3rd party cover, so it could prove costly if you are involved in an accident. Also, the law states vehicles need a permanent insurance policy, so make sure the vehicle already has cover in place. This is known as fronting and is fraud. Insurers can find out who the main user of a car is. If you have a claim, this could invalidate your insurance and any claim may not be paid out. This is not recommended as it raises the issue of 2 insurers dealing with a claim. You should only insure your car with a single insurer. An exception would be if you need temporary cover on a vehicle when the current insurer won't insure the driver. Check with the insurer before driving to be sure you're covered. Conviction myths Invalidating your policy myths You can't get insurance with a driving conviction Charging petrol money for a lifts to work invalidates your insurance You will find fewer companies willing to insure you and the chances are you'll pay a higher premium. For speeding, this is far more common and you shouldn't have too much an issue with 1 speeding conviction, though if you have more than one you will see more of a rise in premium This is a common myth but as long as you are not profiting from the lift, then your insurance should be valid. However, this could raise questions about the purposes your car is used for, so always check your policy and make sure you are adequately covered. Don't tell car insurers about An out of date tax disc or MOT will invalidate UHOHNO your motorbike or van driving convictions or claims your insurance This depends entirely on your policy terms & conditions: some say you need a valid MOT, check which one your insurer has. say vehicle has to be roadworthy. Most insurers will expect you to disclose all motoring convictions and claims, regardless of the vehicle being driven, even if your previous insurer didn't ask, as every insurer is different. This is to ensure that your new insurer can apply the right criteria to your policy and offer you the best cover. Although any claim may be dealt with, if you car doesn't have a valid MOT document during a claim, then the value of the vehicle will be severely diminished. Always make sure your vehicle is fully taxed, insured, and MOT'd Claim myths There's no excess if accident is not your fault or car is stolen You can claim the full value for any personal effects stolen Claiming for windscreen means you lose your no claims bonus If an accident is not your fault you may only get your excess back if your insurance company gets all of its money back from the third party or their insurer. In cases where your car is stolen it is unlikely that this will happen so you will almost Most companies have an upper limit (typically £150 excluding the stereo) that can cover items stolen from a car. As this is limited it doesn't always cover a mobile or laptop, so it's recommended to avoid leaving valuables on display, As long as this is all you are claiming for your no claims bonus should remain intact. However you may have to pay an excess. definitely have to pay your excess. elephant.co.uk elephant.co.uk's salesline is 0800 118 1644 open 8am to 11pm on weekdays, 9 am to 8pm on Saturdays, and Sundays 10am to 8pm. Seriously good car insurance CH 10 most common car insurance myths Policy myths You can save money by using someone else's name and just being a named driver You can insure a vehicle with more than one insurer If fully comp. you're covered fully comp. automatically on anybody's car you drive This isn't automatic so always check. Usually it's only 3rd party cover, so it could prove costly if you are involved in an accident. Also, the law states vehicles need a permanent insurance policy, so make sure the vehicle already has cover in place. This is known as fronting and is fraud. Insurers can find out who the main user of a car is. If you have a claim, this could invalidate your insurance and any claim may not be paid out. This is not recommended as it raises the issue of 2 insurers dealing with a claim. You should only insure your car with a single insurer. An exception would be if you need temporary cover on a vehicle when the current insurer won't insure the driver. Check with the insurer before driving to be sure you're covered. Conviction myths Invalidating your policy myths You can't get insurance with a driving conviction Charging petrol money for a lifts to work invalidates your insurance You will find fewer companies willing to insure you and the chances are you'll pay a higher premium. For speeding, this is far more common and you shouldn't have too much an issue with 1 speeding conviction, though if you have more than one you will see more of a rise in premium This is a common myth but as long as you are not profiting from the lift, then your insurance should be valid. However, this could raise questions about the purposes your car is used for, so always check your policy and make sure you are adequately covered. Don't tell car insurers about An out of date tax disc or MOT will invalidate UHOHNO your motorbike or van driving convictions or claims your insurance This depends entirely on your policy terms & conditions: some say you need a valid MOT, check which one your insurer has. say vehicle has to be roadworthy. Most insurers will expect you to disclose all motoring convictions and claims, regardless of the vehicle being driven, even if your previous insurer didn't ask, as every insurer is different. This is to ensure that your new insurer can apply the right criteria to your policy and offer you the best cover. Although any claim may be dealt with, if you car doesn't have a valid MOT document during a claim, then the value of the vehicle will be severely diminished. Always make sure your vehicle is fully taxed, insured, and MOT'd Claim myths There's no excess if accident is not your fault or car is stolen You can claim the full value for any personal effects stolen Claiming for windscreen means you lose your no claims bonus If an accident is not your fault you may only get your excess back if your insurance company gets all of its money back from the third party or their insurer. In cases where your car is stolen it is unlikely that this will happen so you will almost Most companies have an upper limit (typically £150 excluding the stereo) that can cover items stolen from a car. As this is limited it doesn't always cover a mobile or laptop, so it's recommended to avoid leaving valuables on display, As long as this is all you are claiming for your no claims bonus should remain intact. However you may have to pay an excess. definitely have to pay your excess. elephant.co.uk elephant.co.uk's salesline is 0800 118 1644 open 8am to 11pm on weekdays, 9 am to 8pm on Saturdays, and Sundays 10am to 8pm. Seriously good car insurance CH