Stupid question about NCDs
Stupid question about NCDs
Author
Discussion

Twincam16

Original Poster:

27,647 posts

289 months

Tuesday 30th March 2010
quotequote all
Maybe I'm being a bit daft here but I don't understand how you accumulate one of these.

In order to keep my insurance quotes down, I've always been on 'classic'-type policies, which haven't included NCD protection, which seemed fine to me because when I started driving my own cars under my own name, I didn't have any years NCD to protect.

However, now I've been driving claim-free for three years (spread over four different cars and five different policies, but three years claim-free driving nonetheless), but as far as my insurance quotes are concerned, I have no NCD and they're in what I'd expect supercar territory to be.

However, is the fact that I've been driving claim-free for three years enough for me to put 'three years no claims' on a prospective insurance form, or do I have to have some kind of legal documentation saying so?

Otherwise, I see no way of ever getting my premiums down to anywhere near acceptable!

tim2100

6,288 posts

288 months

Tuesday 30th March 2010
quotequote all
NCB, not NCD smile

You can try and provide them with the 3 years proof of no-claims. This is what many company car drivers have to do when leaving the company car scheme.

However not all companies will except it, but those that do after 1 year you will have 4 years NCB.

Unfortunatly you tried to save money by avoiding the system, you can't expect to jump back in the system now it suits you.

Eviltad

1,320 posts

210 months

Tuesday 30th March 2010
quotequote all
Your new insurer will want to see proof of no claims from your old insurer.

Have you not kept even one policy going for 12 months?

Plotloss

67,280 posts

301 months

Tuesday 30th March 2010
quotequote all
You earn an NCD by staying with the same insurer for 12 months contiguously.

You can change cars on a policy but the policy must remain.

Twincam16

Original Poster:

27,647 posts

289 months

Tuesday 30th March 2010
quotequote all
Eviltad said:
Your new insurer will want to see proof of no claims from your old insurer.

Have you not kept even one policy going for 12 months?
Well, I was with one insurer (Lancaster) for a year in which I had three cars - 924, X1/9 and MR2. Then when I got my 155 I switched to Admiral for a year as their quote was very good (around £400). However, due to some fatuous made-up bullst about local crime rates on their account, my renewal quote was - get this - £1300, so I switched back to Lancaster again, who were reasonable-ish in comparison (£800). I'm in my second 155 year with Lancaster now but it's crept up to nearly £1000.

Eviltad

1,320 posts

210 months

Tuesday 30th March 2010
quotequote all
As a general rule you change insurers every year to take advantage of introductory offers. 12 months in, introductory offer ends and the premium goes up.

Unless you are especially attached to a specialist insurer you might as well change every renewal.

Twincam16

Original Poster:

27,647 posts

289 months

Tuesday 30th March 2010
quotequote all
Eviltad said:
As a general rule you change insurers every year to take advantage of introductory offers. 12 months in, introductory offer ends and the premium goes up.

Unless you are especially attached to a specialist insurer you might as well change every renewal.
I'm thinking next time I might renew through AROC insurance.

It's just the No Claims issue really. I'm quite a safe driver with not so much as a speeding ticket to my name, and yet thanks to this situation with the lack of NCB accumulation, I might as well have had my car stolen every other month, and spent the months in between crashing it into other people's houses.