Daughter(20 Years) Wants To Buy An Old Car She Has Full Driving Licence. So

[ramesh046]

Any suggestion as to how go about it considering I and my wife have own cars with full NCD. Do I put my name with her car? Should I be then main driver as same as my car? also building up her NCD

Perhaps readers may know what I am driving at regardingthis
Thanks

[888sally888]

I am a named driver on both my daughter's insurance and it brings the price down. They still build up their own NCD too.

[EvianBaby]

You can't be the main driver on a policy for a car of which your daughter is in fact the main driver. It's called fronting and it's illegal. But you and your wife can both be named drivers on your daugthers own policy which may reduce the premium.

[Maydup]

Yes, car and insurance in her name with you as the named driver.

(But not you as the main driver, just as the named driver)

It won't be cheap but it will reduce quicker if its in her name from the beginning.

[shoota]

Depends where your daughter lives.
If she lives at home with you and uses public transport to get to work/college then it would be OK to register and insure the car in your name and have her as a named driver for occasional use.
If she lives away from you and would have the car with her then, as others have said, it should be registered and insured by her with both you and your wife as named drivers.
In the long run option 2 is probably best but you may get some financial advantage from option 1 in the short term.

[New Judge]

Beware that you do not do anything that constitutes “fronting”. Fronting is where a parent registers and insures their child’s car in their own (the parent’s) name, declaring that it is theirs and having the child as a named driver on the policy. If this is discovered the insurers usually cancel the policy retrospectively leaving the child and the parent open to prosecution for driving with no insurance and possibly allowing a vehicle to be driven with no insurance.

From what you say you do not seem to be proposing to do quite this, but you should be careful of declaring that you are the main driver when you are not. The safest way is for your daughter to take out her own policy with you as a named driver. That way she gets the benefit of earning her own NCD, you can drive her car if necessary, everything is legal and, as sally suggests above, it may reduce the premium a little.

[jake-the-peg]

Is she still living with you?

If she is then who is to say who the 'main' driver is?

We have a number of cars and use them communally and my son and daughter are insured on one of them.

If she is at University and taking the car with her or living elsewhere then it's quite an easy argument to make that the car is in fact hers

[erin-x]

Just put it in her name. It's more of an incentive to keep safe if she's paying for it herself. And i'm sure that your NCB could be affected if she were to have a bump.

And it does get a lot cheaper. I was 19 when I took put my first car insurance policy in 2010 and it was £1100. Come next April it had reduced by half to £550. It's now sitting at £300 odd but that's with a brand new car.

Let her be independent. It makes it more worthwhile. :)

[ramesh046]

Thanks to all. Made sense. No fronting for sure