CC Insurance - penalised for retiring

 

OP was talking about car insurance!

My car insurance was limited to 6,000 miles a year on tow car. When I increased it to 9,000 miles the cost was nearly £25 cheaper .................. go figure?? 

As my wife refuses to tow or even to drive my large automatic car then I insure it for only me. However the insurer said I could make a saving by adding my wife. Now I am not making any assertions about her skills but do they really believe their risk is lower, as she never will drive it?

We insure in that way as a person we know lost her husband on holiday in France, and the recovery insurance refused to recove the unit as the wife was named as a driver on the car's insurance. In the event the family recovered her, the unit and the body. A dreadful experience the recovery insurance inflicted when least needed.

A female friend of mine lives on her own as does her neighbour. They actually reduced their insurances by putting each other as a named driver. No idea why. 

Shared risk?

 ....As my wife refuses to tow or even to drive my large automatic car then I insure it for only me. However the insurer said I could make a saving by adding my wife. Now I am not making any assertions about her skills but do they really believe their risk is lower, as she never will drive it?We insure in that way as a person we know lost her husband on holiday in France, and the recovery insurance refused to recove the unit as the wife was named as a driver on the car's insurance. In the event the family recovered her, the unit and the body. A dreadful experience the recovery insurance inflicted when least needed.

My SWMBO is also on my car's insurance (R CLass ... large auto 4x4) because it's cheaper to have a spouse on the policy. Re recovery. We've had this discussion before and Jean confirmed that Green Flag will still send a replacement driver even in the case of AN Other driver WON'T drive the tow car rather than CAN'T

A female friend of mine lives on her own as does her neighbour. They actually reduced their insurances by putting each other as a named driver. No idea why. 

This is because the statistics do show this to be less risky but it is not going to work universally. If you have a young son or daughter starting out driving it pays to put you on as well if you have a good record even if you will never drive it.