[Neil McRae]

mate that sounds like total insurance company nonsense. Who is the insurer?

so there are a few points on this:

1: Have you contacted a lawyer to challenge this decision?
2: Who has finance on the car should have no relevance to an insurance pay out, you are named as a second driver it has nothing to do with anything who owns it or finances it, unless you have a really crazy policy that states this but I'd find that startling.
3: You are a named driver so having the keys is an acceptable situation and them being taken off you has no bearing on the fact the car is financed in your name - hell why even tell them that its financed thats an issue between you and the bank.


There are some other things to be clear about:
1: Being a named driver on a car that is yours and you drive the most is a false economy, I reckon as much as a quarter of all cars on the road are in this situation.
2: NEVER EVER MEET WITH A TOTAL STRANGER ON YOUR OWN. ARRANGE TO MEET LEAVE THE CAR IN A PLACE YOU CAN SEE IT, SUSS THE GUY OUT BEFORE GOING ANYWHERE NEAR IT WITH THE KEYS. IF HE LOOKS DODGY WALK AWAY AND GET THE CAR LATER.