Please a car insurance advice...

[galvankevin]

Me and my wife are both insured on our car (Fully Comp.) and we are now about to get another car due to our work situation. Would the following method be the most cost-effective way for us both to be covered ?

1) For me to be fully insured for one car and my wife fully insured for the other, allowing us both to drive each other's car if necessary ?
2)I am currently the registered keeper of our current car and I am the policy holder for it as well. I would be driving the new one when I get it and my wife would take over driving the current one.

Thanks in advance

 

[landonbruno]

I feel like each of you being fully insured for each car would work out best, but you should have a long chat with your auto insurance provider and figure this out because helping you with this kind of thing is part of their job.

 

[1965corvette]

This depends on a few different factors. First what are the three cars involved? (year make and model). If it is considered a collector car, then look at (classic) collector car insurance for those cars. On my 65 corvette, I pay about 500 per year with a 60k total payout. On my 90 BMW I pay about 300 a year with a 5K pay out.

There are many company’s out there, so do a google search and start asking for quotes.

 

[zora]

The insurance companies are only concerned with how many licensed drivers are in the household. There is not such thing as this is my car and this is her car.