0 NCB quote cheaper than 9 years NCB quote?

0 NCB quote cheaper than 9 years NCB quote?

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QuartzDad

Original Poster:

2,230 posts

121 months

Saturday 22nd October 2016
quotequote all
Am I missing something obvious because I'm having trouble getting my head round this?

Currently own and insure two cars, both with 9 years NCB. Have bought a third car for use by my sons, one passed his test 2.5 years ago, the other one month ago. No fronting intended, I'll name one of them as the main driver.

Using confused.com, with 0 NCB the cheapest quote is £1600 for black box insurance from Tesco, £4510 for non black box from Go Girl(!).

Using 9 years NCB the cheapest quote is £4585 from Go Girl.

WTF?

TwigtheWonderkid

43,248 posts

149 months

Saturday 22nd October 2016
quotequote all
I know that a few years back, when young drivers were involved, someone declaring 2500 miles a year driven was charged more than someone declaring 10k miles. The reason, those declaring 2500 were invariably lying to get a lower premium, and were doing the average 10k miles, but had a worse record than the honest drivers doing 10k miles.

Maybe it's a similar thing in this case.

Meridius

1,608 posts

151 months

Saturday 22nd October 2016
quotequote all
If your one sons the main driver who has had his license for 2.5yrs, then he hasnt got 9 years NCB, the computer knows that.

cat with a hat

1,484 posts

117 months

Saturday 22nd October 2016
quotequote all
Why are you surpised? You have changed more than 1 parameter?



And a price like 4.6k is just an insurers way of saying no thanks you dont match the risk profile we want to take.


Even if the only change was 0 years vs.9 years i would genuinely not be surpised is the 0 years policy was cheaper.

QuartzDad

Original Poster:

2,230 posts

121 months

Saturday 22nd October 2016
quotequote all
cat with a hat said:
Why are you surpised? You have changed more than 1 parameter?
???

The only parameter I changed between the two quotes was the NCB.

TwigtheWonderkid

43,248 posts

149 months

Saturday 22nd October 2016
quotequote all
Meridius said:
If your one sons the main driver who has had his license for 2.5yrs, then he hasnt got 9 years NCB, the computer knows that.
He doesn't have to. So long as the policyholder has ncb. Many insurers will allow you to insure a car, rate it on the additional young driver as you've told them they're the main user, but still allow the ncb off the premium because the policyholder has ncb. Obviously the policyholder will lose their ncb if the young driver stacks it.

cat with a hat

1,484 posts

117 months

Saturday 22nd October 2016
quotequote all
QuartzDad said:
???

The only parameter I changed between the two quotes was the NCB.
Blackbox vs. Non blackbox?

They are also completely different insurers..

QuartzDad

Original Poster:

2,230 posts

121 months

Saturday 22nd October 2016
quotequote all
cat with a hat said:
Blackbox vs. Non blackbox?

They are also completely different insurers..
blackbox is not a parameter, confused just lists the two options separately at the end - this is with 9 years NCB:


PHmember

2,487 posts

170 months

Saturday 22nd October 2016
quotequote all
I'm guessing that your son isn't the target market for one of the companies. Companies that don't want your business will quote ridiculously high to put you off. Son/Go Girl, nail/head.

cat with a hat

1,484 posts

117 months

Saturday 22nd October 2016
quotequote all
QuartzDad said:
cat with a hat said:
Blackbox vs. Non blackbox?

They are also completely different insurers..
blackbox is not a parameter, confused just lists the two options separately at the end - this is with 9 years NCB:

Does the fact the insurer is called 'Go Girl' not lead you to think that you're not the demographic they are attempting to insure?

The quote is a ps off we don't really want you quote. It seems most other insurers don't want to touch you with a barge poll either! (Even at 4k+)

caelite

4,273 posts

111 months

Saturday 22nd October 2016
quotequote all
cat with a hat said:
Does the fact the insurer is called 'Go Girl' not lead you to think that you're not the demographic they are attempting to insure?

The quote is a ps off we don't really want you quote. It seems most other insurers don't want to touch you with a barge poll either! (Even at 4k+)
Haha I was insured by one of 'those' companies for my 2nd ever car, Diamond I think it was this was a few months after the anti-discrimination laws came in and my insurance dropped by £300 or so. Had 'FREE HANDBAG COVER!' scrolled across the top of my cover letter biggrin.


QuartzDad

Original Poster:

2,230 posts

121 months

Saturday 22nd October 2016
quotequote all
cat with a hat said:
Does the fact the insurer is called 'Go Girl' not lead you to think that you're not the demographic they are attempting to insure?

The quote is a ps off we don't really want you quote. It seems most other insurers don't want to touch you with a barge poll either! (Even at 4k+)
Oh yes, agree entirely.

Just struck me as strange that the premium trebles when I use 9 years NCB. Guess it's due to the earlier point that when you add it to a main driver with only 2.5 years experience it probably triggers all sorts of dodge catchers in the underwriting algorithms.

gonnagetyoursBenny

97 posts

104 months

Saturday 22nd October 2016
quotequote all
slightly off topic, but I thought you guys may be able to help..

My insurance is roughly 150% of what it was last year, but if i put my parents' address it comes down again to a reasonable figure. I am contactable there and visit regularly, could I make this my address?

GoneAnon

1,703 posts

151 months

Saturday 22nd October 2016
quotequote all
QuartzDad said:
Oh yes, agree entirely.

Just struck me as strange that the premium trebles when I use 9 years NCB. Guess it's due to the earlier point that when you add it to a main driver with only 2.5 years experience it probably triggers all sorts of dodge catchers in the underwriting algorithms.
Thr Go Girl premium only goes up £75 when you put the NCB in. Doesn't triple.

Gary C

12,313 posts

178 months

Saturday 22nd October 2016
quotequote all
gonnagetyoursBenny said:
slightly off topic, but I thought you guys may be able to help..

My insurance is roughly 150% of what it was last year, but if i put my parents' address it comes down again to a reasonable figure. I am contactable there and visit regularly, could I make this my address?
You can make it your address for correspondance if you want, but you have to declare where the car is normally kept overnight so won't make any difference and may even rouse their suspicions and increase the premium.

if you try to misrepresent anything that affects the risk to the insurer, you will effectively invalidate your insurance.

MethylatedSpirit

1,893 posts

135 months

Saturday 22nd October 2016
quotequote all
The cars don't have NCB. You can't "give" NCB to your kids

Their system decides "does not compute" and declines to quote or gives an unreasonable quote... Because it is physically impossible for a young person to have 9 years NCB

ANJ91

162 posts

96 months

Saturday 22nd October 2016
quotequote all
MethylatedSpirit said:
The cars don't have NCB. You can't "give" NCB to your kids

Their system decides "does not compute" and declines to quote or gives an unreasonable quote... Because it is physically impossible for a young person to have 9 years NCB
^This

Meridius

1,608 posts

151 months

Saturday 22nd October 2016
quotequote all
TwigtheWonderkid said:
He doesn't have to. So long as the policyholder has ncb. Many insurers will allow you to insure a car, rate it on the additional young driver as you've told them they're the main user, but still allow the ncb off the premium because the policyholder has ncb. Obviously the policyholder will lose their ncb if the young driver stacks it.
His one sons the policyholder with 2.5yrs with his other son as the additional driver, at least, thats how I am seeing it.

QuartzDad

Original Poster:

2,230 posts

121 months

Sunday 23rd October 2016
quotequote all
In all quotes I've put myself as the policyholder, son A (2.5 years) as the main driver and son B as an additional driver.

TwigtheWonderkid

43,248 posts

149 months

Sunday 23rd October 2016
quotequote all
Meridius said:
TwigtheWonderkid said:
He doesn't have to. So long as the policyholder has ncb. Many insurers will allow you to insure a car, rate it on the additional young driver as you've told them they're the main user, but still allow the ncb off the premium because the policyholder has ncb. Obviously the policyholder will lose their ncb if the young driver stacks it.
His one sons the policyholder with 2.5yrs with his other son as the additional driver, at least, thats how I am seeing it.
Not how I'm reading it. He's the policyholder, his 2 son's are named drivers, and the son who uses it most will be declared as the main driver. Perfectly legal, not fronting, and the policyholder has valid ncb which he is entitled to use.