My close friend died recently and he had bought an expensive Lexus the week before.
The car insurance policy was in his name, with his wife as a named driver.
Am I right in thinking this means the car is now uninsured and his wife can’t drive it?
A Which? Money member
‘She should call her insurer before getting behind the wheel’
Simon Dicey, Which? Money expert, says…
Unfortunately, most policies terminate on the death of the main policy holder, leaving any named drivers uninsured.
The Association of British Insurers told us there are a few insurers that may offer a grace period during which named drivers on a recently deceased person’s policy will continue to be covered, before the policy is terminated.
Alternatively, some insurers may allow policies to be transferred to another driver, either on a short-term basis or for the remainder of the policy.
A few insurers that may offer a grace period during which named drivers will continue to be covered
As a named driver, your friend’s wife should check with the insurer to see if she’s still covered.
If not, she’ll need to get a new policy. There’s no need to use the same company – shopping around will mean she gets the best deal.
If her husband hadn’t claimed on his policy since his last renewal, and paid for it annually, it’s possible the insurer will refund the unused portion of the premium.
- Find out more: How to find cheap car insurance
Which? Money 1-to-1 guidance
Our team of money experts can answer your questions big and small, on topics from pensions to tax and savings to scams.
They’re impartial so they don’t give regulated financial advice or recommend particular products or providers – they’re here to support you and to help you make more confident financial decisions in these areas and more:
Which? Money members and their immediate family get unlimited access to 1-to-1 guidance sessions.
If you’re a Which? Money member, you can book an appointment online.
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‘Can you inherit car insurance if the main driver dies?'[/gpt3]
My close friend died recently and he had bought an expensive Lexus the week before.
The car insurance policy was in his name, with his wife as a named driver.
Am I right in thinking this means the car is now uninsured and his wife can’t drive it?
A Which? Money member
‘She should call her insurer before getting behind the wheel’
Simon Dicey, Which? Money expert, says…
Unfortunately, most policies terminate on the death of the main policy holder, leaving any named drivers uninsured.
The Association of British Insurers told us there are a few insurers that may offer a grace period during which named drivers on a recently deceased person’s policy will continue to be covered, before the policy is terminated.
Alternatively, some insurers may allow policies to be transferred to another driver, either on a short-term basis or for the remainder of the policy.
A few insurers that may offer a grace period during which named drivers will continue to be covered
As a named driver, your friend’s wife should check with the insurer to see if she’s still covered.
If not, she’ll need to get a new policy. There’s no need to use the same company – shopping around will mean she gets the best deal.
If her husband hadn’t claimed on his policy since his last renewal, and paid for it annually, it’s possible the insurer will refund the unused portion of the premium.
- Find out more: How to find cheap car insurance
Which? Money 1-to-1 guidance
Our team of money experts can answer your questions big and small, on topics from pensions to tax and savings to scams.
They’re impartial so they don’t give regulated financial advice or recommend particular products or providers – they’re here to support you and to help you make more confident financial decisions in these areas and more:
Which? Money members and their immediate family get unlimited access to 1-to-1 guidance sessions.
If you’re a Which? Money member, you can book an appointment online.
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