I’ve always wondered about that “not owned by you” clause in policies that cover you third party for other vehicles – I know a few people who’ve reckoned, over the years, they could get around this between a couple. e.g.
I own a car, it’s insured, my wife is a named driver on it, the policy covers the holder (me) to drive something else, third party (ignoring for the sake of argument the “otherwise insured” thing). A second vehicle is bought, and registered in my wife’s name. As “I” don’t own it, can I drive it under the third party provision on my existing policy?
I’d have thought that the registered keeper being my spouse would not be good enough in this, given joint assets etc, I would expect that it was legally owned by “us” but others have reckoned different and I’ve always wondered…