Can Two People Insure the Same Car?

Can You Have Two Insurance Policies on One Car?

Yes, as an individual you could have two insurance policies on one car, but do you need to?

Having two separate annual policies on one car for the same person can be costly and is often unnecessary. If you need two policies because you occasionally need to insure your car for business uses, it’s generally a better option to use temporary business car insurance for those periods.

Accidentally ending up with two policies on one car is actually quite common – usually when you’ve taken out a new policy before your old one has lapsed. Whilst this isn’t a cause for concern from a legal perspective, it does mean you’ll be paying twice – which is best avoided!

If you have found yourself with two policies on one vehicle and need to make a claim, you must be careful to only submit the claim on one of your policies. Your insurers will know how many policies you have on the car, and will know if you try to submit multiple claims – leaving you with a lengthy claims process that can even be considered fraudulent – which can potentially result in more expensive insurance premiums in the future.

What to be Aware of If Your Car Has Multiple Insurance Policies On It

If your car has multiple insurance policies on it, the main thing you need to be cautious of is how you make a claim should an accident occur. 

If you as an individual have more than one policy on a car, you should only make a claim through one of your insurers. If you try to claim on multiple policies you’ll be faced with extended delays on a pay-out, or potentially no pay-out at all, if you’re thought to be attempting insurance fraud. 

If there are multiple people insured on the car, the person driving will have to make the claim on their policy. Others with policies on the car couldn’t also make claims in the hope of more payouts, as again this would be classed as insurance fraud. For instance, if your car is being used by a learner to practise in and they get into an accident, only the learner will be able to make a claim on their learner policy. 

Outside of issues with insurance claims, you’ll want to keep an eye on the number of insurance policies there are taken out on your car, to make sure your vehicle isn’t ‘over-insured’. If your car is heavily over-insured, you could cause the value of your vehicle to increase and see the cost to insure it soar, too.

In summary – yes, you can have multiple insurance policies on one car. One person might hold more than one policy so that they’re covered for different uses of the car, or multiple people sharing the same vehicle might have their own policy to mitigate any effects on no claims bonuses.Our range of temporary insurance options provide the perfect solution when you’re looking for an alternative to an expensive annual policy, or when someone else needs to be insured on your car. Explore our temporary car insurance, temporary van insurance, and temporary learner insurance options to find the perfect solution for you, to get covered in less than 90 seconds.