Adding A Named Driver To Car Insurance: What You Need To Know

What Is A Named Driver?

A named driver is a person who is added to a car insurance policy as a driver of a particular vehicle. It is important to note that a named driver is not the same as the policyholder. The policyholder is the person who owns the insurance policy and is usually the principal driver of the vehicle. A named driver is a driver who is added to the policy and is usually someone who will be using the vehicle occasionally. Adding a named driver can be beneficial for a variety of reasons – it can often reduce the cost of your car insurance, for example – but it can also be complicated.

What Are The Benefits Of Adding A Named Driver To Your Policy?

Adding a named driver to your car insurance policy can have a number of benefits. Most notably, it can often reduce the cost of your car insurance. This is because insurers view named drivers as being less risky than the policyholder. This means that adding a named driver who has a good driving record can often lower the cost of your policy. It is also a good idea if the named driver will be using the vehicle regularly, as it makes sure that they are covered in the event of an accident.

What Are The Risks Of Adding A Named Driver?

Although there can be benefits to adding a named driver, there are also risks involved. For example, if the named driver has a poor driving record, then this could have a negative impact on the cost of your policy. It could even mean that the policy is not accepted by the insurer. It is important to check the driving record of the named driver before adding them to your policy. It is also important to remember that any claims made on the policy by the named driver will be listed on the policyholder’s insurance history.

How Do I Add A Named Driver To My Policy?

If you decide to add a named driver to your policy, the process is usually quite straightforward. Most insurers will allow you to add a named driver to your policy online. Alternatively, you can usually contact your insurer by phone and they will be able to guide you through the process. When adding a named driver, you will usually need to provide the insurer with some basic information, such as the driver’s name, address, and date of birth.

Do I Need To Tell My Insurer If The Named Driver Sells The Vehicle?

Yes, you should always inform your insurer if the named driver sells the vehicle. This is because the named driver will no longer be covered by the policy and the insurer needs to be aware of this. It is also important to note that any claims made by the named driver will still be listed on the policyholder’s insurance history. It is important to keep your insurer informed of any changes to the policy to ensure that it remains valid.

In Summary

Adding a named driver to your car insurance policy can be beneficial, but it is important to understand the risks involved. It is also important to make sure that the named driver has a good driving record and to keep your insurer informed of any changes to the policy. If you are considering adding a named driver to your policy, it is always a good idea to speak to your insurer for advice.