Two cheaper than one

I have been buying car insurance for many years and considered myself to be very experienced in driving down the costs. I have just been informed by my wife's insurers that her policy will be less if she changed from only the policyholder to drive to policyholder and spouse. The annual premium came down from £190.72 to £160.55. I thought your readers might be interested.

Asked on 5 February 2011 by MP, Brighton

Answered by Honest John

Yes, this is almost always true. It's also a good way to get a young person's premium down. Two mature named drivers helps enormously because in the underwriter's eyes it spreads the risk.

Tags: insurance

Similar questions

What cars have the cheapest insurance for a young driver?

Which would be the best used car for under £2k for a young driver to insure? I've looked at some 1.0L engines but some are over £3k for insurance and some are under £2k. Does it not just go on the engine...

Is it possible to get repatriation cover while in Europe?

We are taking delivery of a brand new VW campervan and planning on taking it to Europe in September. The VW warranty provides breakdown cover in Europe for 3 years but I don't believe it extends to repatriation...

Why is my insurer asking for a copy of the V5C?

My granddaughter has just become 17 and is learning to drive. As my wife is no longer allowed to drive we have made her car available for her to learn on but have retained ownership. My daughter has taken...