5 Ways to Invalidate Your Car Insurance
Avoid making these common mistakes and having your car insurance policy invalidated.
In the UK car insurance is a legal requirement. Getting behind the wheel without the correct insurance could result in serious penalties. Some of the activities most drivers wouldn’t even think twice about could actually invalidate your car insurance.
1. Accepting payment for lifts
Private car insurance prohibits carrying passengers for hire or reward. Your insurer won’t mind you driving around your mates or family but if you start accepting money you could head into taxi territory. Legally, if you are ride sharing or giving a friend a lift, you are only allowed to ask passengers for a contribution towards fuel and running costs (including wear and depreciation). If you make a profit from giving lifts you could find that your insurance policy is invalid.
2. Naming a parent as the main driver
Naming an older, more experienced driver as the policyholder and main driver is known as fronting and is illegal. If you think this is a short cut to a cheaper premium, you may need to reconsider. If your insurer decides not to pay out when you make a claim, it could end up costing you a lot more.
3. Pimping your ride
If you’ve modified your car you must tell your insurer. This includes lowering the suspension, switching out your wheels for shiny alloys, or adding a sporty spoiler. Modifications could boost the value or performance of your vehicle – something your insurer may not allow. However, if they don’t know before you make a claim there’s a chance they may not pay out.
4. Leaving your key stuck in the ignition
If you leave your car unlocked and unattended you pay as well point a giant neon arrow at it. Consequently, if someone steals your car while you are waiting inside in the warmth for your car to defrost, or just “popping in” to grab something, don’t expect your insurer to pay out.
5. Letting someone else drive your car
You might think you are being helpful by letting a friend or family member borrow your car. However, if you don’t ensure they have the right insurance you could both land in hot water. Many people mistakenly believe that they are covered to drive other cars if they have their own fully comp policy but this is not the case, especially if they are under 25. Furthermore, if their policy does cover them to drive your car, it’s usually Third Party Only cover meaning your car is not actually covered. Ultimately, as the owner it is your responsibility to check the driver is insured.If you let someone drive your car without insurance you could receive an IN12 conviction. If you need to lend your car, consider Car Sharing Insurance to ensure the borrower and your car are fully covered.