Additional Driver – All You Need to Know About Lv Car Insurance

What is an Additional Driver?

An additional driver is someone who is allowed to drive your car with your consent. This person is usually added to your existing car insurance policy as a named driver. The additional driver may be a family member, friend or colleague, but they must have a valid driver’s license and be eligible to be added to your policy. It is important to note that the policyholder is always responsible for any damages resulting from an accident involving the additional driver.

Why Do You Need an Additional Driver?

Adding an additional driver to your policy can be beneficial for a few reasons. It can help to spread the cost of your insurance policy and reduce the overall cost of your premium. It can also be useful if you are unable to drive for a period of time due to illness or injury, as the additional driver will be able to take over the responsibility of driving. It can also help to build up your no-claims bonus, as the additional driver will be able to build up their own no-claims bonus in the event of an accident.

Who is Eligible to be an Additional Driver?

Most insurance companies will allow you to add an additional driver to your policy, but they will require certain criteria to be met. The additional driver must have a valid driver’s license and must be a permanent resident of the same address as the policyholder. They must also not have any previous convictions or any outstanding fines. The additional driver should also have a good driving record and not be a high-risk driver.

How Does Adding an Additional Driver Affect Your Insurance Premium?

Adding an additional driver to your policy can have an effect on your insurance premium. This is because the insurance company will take into account the additional driver’s driving record and age when calculating your premium. If the additional driver has a good driving record, then it may reduce the cost of your premium. However, if the additional driver has a poor driving record or is a high-risk driver, then this may increase the cost of your premium. It is important to consider the additional driver’s driving record before adding them to your policy.

How to Add an Additional Driver to Your Lv Car Insurance Policy?

Adding an additional driver to your policy is a straightforward process. All you need to do is contact your insurance provider and provide them with the additional driver’s details. They will then assess the additional driver’s eligibility and make any necessary changes to your policy. It is important to note that any changes to your policy may affect your premium, so it is always best to check with your insurance provider before making any changes.

Conclusion

Adding an additional driver to your Lv car insurance policy can be beneficial for both you and the additional driver. It can help to reduce the cost of your premium and help the additional driver to build up their own no-claims bonus. However, it is important to consider the additional driver’s driving record before adding them to your policy as this may affect the cost of your premium. If you are considering adding an additional driver to your policy, then it is important to speak to your insurance provider first to ensure that you are aware of any potential changes that may be made to your policy.