At King Price Insurance we always have your best interest at heart. For this reason, we would like to explain why we need to know who the regular driver of your car is.
Let’s first take a look at what exactly the term ‘regular driver’ means in the motor vehicle insurance space… By ‘regular driver’ we simply mean the person who drives your car the most often during any monthly period. Another important phrase that’s connected to this and that you will most probably come across too; is ‘nominated driver.’ The ‘nominated driver’ refers to someone who has your permission to sometimes drive your car.
In a nutshell, the difference between a ‘regular driver’ and a ‘nominated driver’ is therefore just that the ‘’regular driver’ drives your car most of the time, while the ‘nominated driver’ only drives your car sometimes.
In the motor vehicle insurance industry, the insurance cover provided and the monthly premium that you would pay for it; is based on the risk profile of this regular driver. For example: according to claim statistics, a young male driver is more likely to have an accident than an older female driver. Should the older female driver apply for insurance cover, she will in all likelihood pay less for it than the young male driver who is more of a risk to insure. But should she let her son, who is a young male driver drive her car the most, then it means she will not be paying the correct premium and not be covered correctly. In practice, this means that the insurance company will then reject her claim in the case of an accident where her son was driving the car.
So it’s very important that when you take out your insurance policy with us, that you let us know right from the start who the regular driver of your car is, and it has to be noted as such on your policy schedule. Should there be any other people who also drive your car sometimes, then they should be listed as ‘nominated drivers’ on your policy schedule too. By making sure that you have provided us with the correct details, you will ensure that you are correctly covered and that disappointments are eliminated when you claim. Remember that incorrect details = incorrect cover. Contact us today for more information on how to add a driver to your policy.