Pelles Posted January 30, 2003 Share Posted January 30, 2003 how does fully comp insurance work..... doesn't fully comp insure you to drive any car? and insures you at third party for that car? cause if its like that i could buy a 1.0 insure it fully comp and buy a bigger engine for me escort, and drive that third party? lol....i know it probably aint like that, because everyone would be doing it....so how does it all really work? whats the clause that stops you doing that? Link to comment Share on other sites More sharing options...
m888arc Posted January 30, 2003 Share Posted January 30, 2003 (edited) errr good point!? but would u really want to risk third party on the motor if u smashed it u must have spent a fortune on it Edited January 30, 2003 by m888arc Link to comment Share on other sites More sharing options...
furry Posted January 30, 2003 Share Posted January 30, 2003 only covered third party on other vehicle if policy states that unlikly under 25 years old, also second car must NOT belong to you and MUST be insured aswell by the owner. Link to comment Share on other sites More sharing options...
escort_16v Posted January 30, 2003 Share Posted January 30, 2003 You are able to drive the other car third party as long as you dont own it and not all fully comp insurance gives you this option. Link to comment Share on other sites More sharing options...
Dunk Posted January 30, 2003 Share Posted January 30, 2003 I am not sure, but I think the escort would have to have its own insurance policy with either them or another different insurance company. Also there is a limit, my misus is insured on her 1.0 S Reg Polo fully comp, but the insurance policy does not allow the use of other cars. I think you would have to speak to some insurance companies about it. Link to comment Share on other sites More sharing options...
Pelles Posted January 30, 2003 Author Share Posted January 30, 2003 (edited) ok so i need an owner for the car, what if i make one up? lol....insurance robs us, bout time we rob them any genious's want in on this money making scam? Can the owner of one car thats insured be insured as the owner of another? so they would own 2 cars via insurance....i could always insure the higher performance engined with my mom, and insure a 1.0 and still get my NCB's Edited January 30, 2003 by Pelles Link to comment Share on other sites More sharing options...
m888arc Posted January 30, 2003 Share Posted January 30, 2003 saying that, woudlnt it mean, if u wanted the cheaper insuance, ud own the fiesta or summut. and have to sign over your prized possesion to your mate or summut!?! dont sound too good to me Link to comment Share on other sites More sharing options...
Pelles Posted January 30, 2003 Author Share Posted January 30, 2003 also whats all the small print about traders policy? that insures you to drive any car without being the owner of one innit? Link to comment Share on other sites More sharing options...
Colin Posted January 31, 2003 Share Posted January 31, 2003 Yea, traders insurance, think you gotta be 21 and sell at least 4 cars a year or something........... Link to comment Share on other sites More sharing options...
RS2000 Posted January 31, 2003 Share Posted January 31, 2003 I have traders.... Perfect policy for me, just about to re-new it aswell £420 TPFT. Link to comment Share on other sites More sharing options...
Colin Posted January 31, 2003 Share Posted January 31, 2003 Ow, and you can still buiold up a no claims with it can't you, whats the requirements then? Link to comment Share on other sites More sharing options...
RS2000 Posted January 31, 2003 Share Posted January 31, 2003 I have full no claims bonus. But i ccan only get a 40% discount max, I could get if i wanted a seperate policy for trade only a 20% introductionary discount.I also believe you have to be over 25. A friend of mine had his trade policy refused cos he didn't have enough cars.. Link to comment Share on other sites More sharing options...
Colin Posted January 31, 2003 Share Posted January 31, 2003 LOL Link to comment Share on other sites More sharing options...
sortedford Posted January 31, 2003 Share Posted January 31, 2003 my dad has one, we have to look over it cos if its 21 i will get me summat cool in october Link to comment Share on other sites More sharing options...
Colin Posted January 31, 2003 Share Posted January 31, 2003 Thats what I was thinking come september........ save me a few bob over the year, and i wouldnt mind selling a few cars here and there! Link to comment Share on other sites More sharing options...
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