Dont have any ncd - Insurance quotes frustration

[wildone63]

I have not had a car insurance policy in my own name for 8 years since i was given use of a company van for private use which is soon coming to an end,so ive bought a cheap runabout but the insurance quotes (when declaring that i have no ncd) iam getting from the popular comparison websites are roughly about 50% more than they would be if i had about 10 years ncd.
I did a google search for "expired ncd car insurance quotes" and found a couple of well known companies whose websites claim to offer good deals for drivers who have no ncd but can prove they have a claim free record as a named driver on someone elses policy or in company vehicles etc. but despite having 9 years ncd on my last car insurance policy,10 years ncd on my current motorcycle policy and 10 years claim free driving in company vehicles these two insurance companies have both quoted me more than double the price of the dearest comparison websites quotes! wtf is going on here?
Can anyone recomend me any companies that will genuinley give good quotes for people who have no ncd?

[dacouch]

Lots of Insurers offer a no claims bonus / introductory discount for ex company car drivers who have recently lost the use of a company car they had the sole use eg not a pool car and of including private use and your employer will provide written proof of this

[grumpy52]

dacouch said:

Lots of Insurers offer a no claims bonus / introductory discount for ex company car drivers who have recently lost the use of a company car they had the sole use eg not a pool car and of including private use and your employer will provide written proof of this

What he said .
Hope you didn't give an Email address or mobile number to the comparison sites or you will be plagued for years !

[Vaud]

Call a good broker. Try Saffron.

[Mound Dawg]

It's a common enough situation, most brokers will be able to quote. Ok, you won't get the same quote as you would if you had a policy with 10 years NCD in your own name that expired yesterday but that's life.

People get too hung up on percentage discounts. A company who offer a 90% NCD in their adverts look great till you find out that their basic premium for you is £10,000 so you're paying £1000. Better to go with the one that gives you "only" 60% off a premium of £2000.

[wildone63]

grumpy52 said:

What he said .
Hope you didn't give an Email address or mobile number to the comparison sites or you will be plagued for years !

Its mainly company vans i drive,none of which ive ever had sole use of.
I always give a false number when getting online quotes,but most of the websites ive had quotes from give you the option to untick boxes if you dont want to be contacted by email,phone or text.

[wildoliver]

I don't understand the NCD rules, well I do it's just another excuse to get more money out of customers, NCD should be on the driver not the policy, it doesn't matter if your driving a company car, your personal car or your sunday car the point is if you haven't claimed for 10 years your a good risk, you should need to prove you've held a policy so non drivers don't rock up claiming max discount, but I fail to see why people who own multiple cars have to start new policies off with zero bonus even if they are a good risk. It isn't even graded on the type of car, I could build 10 yrs no claims on a Peugeot 107 then hop off and buy a policy on a Veyron taking advantage of the discount. Stupid rule.

[Mandat]

wildoliver said:

I don't understand the NCD rules, well I do it's just another excuse to get more money out of customers, NCD should be on the driver not the policy, it doesn't matter if your driving a company car, your personal car or your sunday car the point is if you haven't claimed for 10 years your a good risk, you should need to prove you've held a policy so non drivers don't rock up claiming max discount, but I fail to see why people who own multiple cars have to start new policies off with zero bonus even if they are a good risk. It isn't even graded on the type of car, I could build 10 yrs no claims on a Peugeot 107 then hop off and buy a policy on a Veyron taking advantage of the discount. Stupid rule.

So what do you suggest as an alternative?

[DocJock]

He did.

wildoliver said:

>NCD should be on the driver not the policy<

[Mandat]

DocJock said:

He did.

wildoliver said:

>NCD should be on the driver not the policy<

I saw that but he obviously hasn't thought it through.

So if a commercial driver has a claim against them in their works vehicle, they would then also potentially lose their NCD on their commuting car, their weekend car, their wife's car (if insured by the husband), etc. You can see where this is going......

No claims discount should be limited to the specific policy because you are getting a discount for not claiming on that particular policy. It would be extremely unequitable if you were to lose the NCD on all your other policies without having made a claim on them.

[WannaNiceCar]

Before agreeing to any insurance, check to see if they are just offering you a reduced amount as a new customer or if they are actually offering to set your NCD as a set number of years (Not even sure if they could / would do the latter).

I got caught out by this when I took out my own insurance after 10+ years of claim free company car driving - got a letter from the co. car insurers to prove lack of claims over the previous x years, sent it to them and was offered a fairly reasonable reduced premium.

When it came to looking round at renewal time, I checked with them to find out that I only had one years NCD not the 3+ years that I had been expecting (Most likely caused by my misunderstanding when I took out my insurance initially).

Price wise, it's worth checking out the car manufacturers insurance companies, as I don't think that they all show up on comparison websites - I know that Toyota's insurers didn't show up on the one's that I tried and their prices were actually cheaper than the lowest quotes shown on the comparison sites.

[TwigtheWonderkid]

DocJock said:

He did.

wildoliver said:

>NCD should be on the driver not the policy<

Genius idea. My work car gets hit whilst parked by an unknown tp whilst I'm visiting a customer, and it ends up costing me thousands of pounds personally because I lose my max bonus I've built up over many years on my 2 cars and my motorbike.

I don't bloody think so! It's fine how it is.

[surveyor]

I found LV very helpful in matching company earned NCD discount, and indeed in matching the new NCD when I added a third car.

[wildone63]

surveyor said:

I found LV very helpful in matching company earned NCD discount, and indeed in matching the new NCD when I added a third car.

Tried their website but the quote was way more than the cheapest quote ive had from comparison websites,
Since ive already got my two bikes insured by Carol Nash until next april i think i will just take out their six wheel policy for the car for the moment,although their quote was slightly more than the cheapest ive had it does include breakdown cover.

[ging84]

NCD business has become a complete shambles, i have no idea how it doesn't breach some laws on fair trading.

I'm looking for a 2nd car
I have my renewal statement from last year, it says i am entitled a 12 years NCD
Now if i phone up an insurer, they feel it is fair to factor whether i was given a discount by my insurer for the existing car into whether they will give me a discount.
how is this not a cartel like practice ?

and what about NCD protection

you pay the insurer extra money, they will promise to tell other insurers you are entitled to a discount you would otherwise not be entitled
how is this not a bribe?

[LoonR1]

NCD is an old loyalty based marketing gimmick that's gone wrong. There is no legal right toot and an insurer could withdraw it tomorrow if they wanted to. That would obviously mess their book up, but of they chose to do it there would be no legal recourse for anyone.

[LoonR1]

wildoliver said:

I don't understand the NCD rules, well I do it's just another excuse to get more money out of customers, NCD should be on the driver not the policy, it doesn't matter if your driving a company car, your personal car or your sunday car the point is if you haven't claimed for 10 years your a good risk, you should need to prove you've held a policy so non drivers don't rock up claiming max discount, but I fail to see why people who own multiple cars have to start new policies off with zero bonus even if they are a good risk. It isn't even graded on the type of car, I could build 10 yrs no claims on a Peugeot 107 then hop off and buy a policy on a Veyron taking advantage of the discount. Stupid rule.

In a nutshell your argument appears to be that it's a stupid system because it should be based on the individual not their vehicle, but at the same time it's stupid because the individual can use it on any vehicle.

Good argument.

[TwigtheWonderkid]

ging84 said:

how is this not a cartel like practice ?

and what about NCD protection

you pay the insurer extra money, they will promise to tell other insurers you are entitled to a discount you would otherwise not be entitled
how is this not a bribe?

I don't see how it's anything like a cartel like practice?

As for bride, many businesses have inducements to keep you as a customer. So what?

[LoonR1]

TwigtheWonderkid said:

I don't see how it's anything like a cartel like practice?

As for bride, many businesses have inducements to keep you as a customer. So what?

No, no, no. It's not exactly what some people want to suit their own personal situation perfectly therefore it's all the industry's fault for being st.

[Dog Star]

Mound Dawg said:

People get too hung up on percentage discounts. A company who offer a 90% NCD in their adverts look great till you find out that their basic premium for you is £10,000 so you're paying £1000. Better to go with the one that gives you "only" 60% off a premium of £2000.

Too true about the discount - I've come to the conclusion that the whole ncd thing is a ripoff.

For example I have 30 years claim free history, with 30 years of clean licence. In April this year we were burgled an my motorbike stolen - payout £6650, so a relatively small payout in insurance terms.

I am now getting royally buttfked on my premiums - bikey insurance has rocketed from 220 to 2000 (despite my remaining 3 years NCD) and my car renewal has gone up from 260 to 571 (with my intact 16 years (documented) NCD).

One claim in 30 years. Unbefkinglievable