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 CAR INSURANCE AND OWNERSHIP		  New Topic  Reply to Topic
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charlie44
Junior Member



231 Posts
Posted - 05 February 2010 :  09:50:08  Show Profile  Reply with Quote
My daughter has bought the BI in our car and is now technically the legal owner. I am still the registered keeper and will be using it all the time, does anyone know whether I have to inform my insurance company of this fact?

Life`s Tragedy is that we get old too soon
and WISE too late!

gettingoutofdebt
forum expert



2418 Posts
Posted - 05 February 2010 :  10:09:29  Show Profile  Reply with Quote
I would check the fine print on the policy very, very carefully as insurances companies will do anything to get out of paying out after an accident.

Having said that they are only normally interested in the register keeper of the vehicle but I would still check the policy.

You should also check to see if there are any BR clauses in the policy as well as there can be with some companies.
Edited by - gettingoutofdebt on 05 February 2010 10:10:13
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charlie44
Junior Member



231 Posts
Posted - 05 February 2010 :  10:33:43  Show Profile  Reply with Quote
Thanks for the reply. Another question I have is it right that the person buying the BI of the car becomes the legal owner?

Life`s Tragedy is that we get old too soon
and WISE too late!
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gettingoutofdebt
forum expert



2418 Posts
Posted - 05 February 2010 :  11:48:31  Show Profile  Reply with Quote
Yep, your daughter will be the legal owner and you are the registered keeper as your name is on the V5 document.
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charlie44
Junior Member



231 Posts
Posted - 05 February 2010 :  12:17:19  Show Profile  Reply with Quote
bBrilliant, thanks again for your help.

Life`s Tragedy is that we get old too soon
and WISE too late!
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