L driver cheaper insurance loophole?

Honest John Back Room » Motoring discussion
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Sat 14 Oct 2006 16:59
L driver cheaper insurance loophole? - local yokel
I've acquired a moped with a V5, for free. It doesn't run, but I think could be made to, but that 's incidental.

My daugher will be 16 soon. I thought about getting a TP only policy for the moped, which will then give her a year's no claims bonus when she comes to drive for the first time a year later (we'll get her a cheapy banger in her name). Based on daughter 1's experience, the first year would cost around £850, and so I'm guessing that a years NCB will bring that down by perhaps as much as 20%. So if the the moped insurance costs less than £170, I'm in profit.

Anyone tried using an NCB from a moped policy for car insurance before?

And for those who say why get her a car in her own name - a) I did it for the first so I'm duty bound, and b) she's not driving mine or my wife's - full stop.
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Sat 14 Oct 2006 23:04
L driver cheaper insurance loophole? - martint123
I think you'll find cars and bike NCD are not transferable between each other.
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Sun 15 Oct 2006 10:10
L driver cheaper insurance loophole? - smokie
Best place to ask is probably an insurance company.

I can't imagine they've never seen this one before though...
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Sun 15 Oct 2006 15:17
L driver cheaper insurance loophole? - ffidrac {P}
Last I heard was a few years ago.

You could transfer NCB from car to bike but not bike to car.

This may have only been my broker so phone the ins companies and ask
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