Insurance on a second car - NCD question?
Discussion
Some companies will mirror your no claims. I have a modified mx5 that I have 8 yrs no claims on insured with sky. I then bought a BMW 525 to cart the dogs around in. With no no claims I was getting silly quotes of 1000 pounds plus. Even sky wanted 600 ( the 5 with up to 250 bhp is less than 400). I phoned up flux and they mirrored my no claims and I got it down to 400 too.
Riley Blue said:
I just insured a second car and have been asked to provide proof of the NCD on the other car. I assume so it can be mirrored but I ought to ask having read this topic.
I once insured a second car, assumed the NCD could be mirrored without giving it a second thought.It could not of course, and despite my protestations, they cancelled the policy and returned my money.
Lesson learned!
BHML said:
Yes, I was also told that if NCD is being used on one policy it cannot be used on another.
Claims, points, however, will affect the second policy, so basically insurance companies penalise you for claims and points on a second policy, but will only let you use your NCD on one policy.
You post is a bit misleading, because you will only lose the bonus on the policy you claim on. So if car A has max ncb, and car B has none, and you crash car B, you will still have your max ncb on car A. They may load because you've had a claim so you are a greater risk, but they won't reduce your max bonus.Claims, points, however, will affect the second policy, so basically insurance companies penalise you for claims and points on a second policy, but will only let you use your NCD on one policy.
The point is that an accident or speeding fine etc all point to an increased risk and so can increase your premium across all cars and so are required to be declared across all your policies. Can't really argue against that seems like a common sense approach for an insurance company to take.
However when you want to have another car, your own good driving record is apparently good for nothing? you are put into the category of a completely new driver in your age category for this second car? Often your total annual mileage will differ little with the extra car as one is a runaround out of practical necessity - Kids dog etc This unfortunately doesn't seem like a common sense approach much more like profiteering.
However when you want to have another car, your own good driving record is apparently good for nothing? you are put into the category of a completely new driver in your age category for this second car? Often your total annual mileage will differ little with the extra car as one is a runaround out of practical necessity - Kids dog etc This unfortunately doesn't seem like a common sense approach much more like profiteering.
BHML said:
Yes, I was also told that if NCD is being used on one policy it cannot be used on another.
Claims, points, however, will affect the second policy, so basically insurance companies penalise you for claims and points on a second policy, but will only let you use your NCD on one policy.
I had a similar problem, which I suspect is a policy used by insurance companies just to maximise their take off the public, because it has no sound, or ethical basis.Claims, points, however, will affect the second policy, so basically insurance companies penalise you for claims and points on a second policy, but will only let you use your NCD on one policy.
I wanted to insure a car I was buying, but at the same time have a company car. The insurance company understandably asked what NCB I had, and I pointed out, that as a company car driver, I did not have a personal NCB, as insurance was arranged on a company (not individual driver) basis.
My companies insurers did however provide me with a written declaration, on their headed paper which showed that I had not made a claim for 20 years.
The insurance company decided to ignore this, and said I would have to start from scratch, despite my age, driving experience and claims free driving history (where I have done between the low 30000 up to 42000 miles per year for the last 20 years)
When I asked why they would not take account of the my `actual' driving experience in the case of the car I wanted to insure, their only answer was, that it was because I drive a company car. to this day I do not understand what that had to do with the insurance I was trying to arrange.
I can only drive one car at a time, and I (perhaps naively) assumed, that when driving the company car, I would be covered by the companies insurance, and whilst driving my own car, would be covered by the insurance for that. This apparently is not the way it works????
I have 3 policies - 2 boring normal policies with lots of NCD accrued separately on both, and the 3rd is a specialist agreed value, limited milage classic policy which mirrored my choice of either of the former.
Mirroring is possible, but it's the exception rather than the rule and generally is done by specialist brokers rather than being available online through the major insurers.
Mirroring is possible, but it's the exception rather than the rule and generally is done by specialist brokers rather than being available online through the major insurers.
If you think about it, NCB is a big con.
The whole point is to show the insurance company that you are a good risk as you have not been involved in any claims or naughtiness in the past x number of years. whether it applies to a car or not should be entirely irrelevant, it is a constant fact in the reduction of risk.
Funnily enoughh, I ha a full protected NCB when i moved my Mustang to a classic polcy some years back and they "look after it". however, in the meantime, I built up maximum NCB on another car anyway so it has become academic and has now been wasted. Of course, classic policy or not, it still represents about 10 years of accident free motoring.
So the question is why there should eb NCB at all, it should just be a factor is determining risk and premium.
The whole point is to show the insurance company that you are a good risk as you have not been involved in any claims or naughtiness in the past x number of years. whether it applies to a car or not should be entirely irrelevant, it is a constant fact in the reduction of risk.
Funnily enoughh, I ha a full protected NCB when i moved my Mustang to a classic polcy some years back and they "look after it". however, in the meantime, I built up maximum NCB on another car anyway so it has become academic and has now been wasted. Of course, classic policy or not, it still represents about 10 years of accident free motoring.
So the question is why there should eb NCB at all, it should just be a factor is determining risk and premium.
Paul O said:
Admiral multi car wouldn't mirror mine.
Never really got the point of their multi car policy. Individual quotes were always cheaper.
Admiral Multi car works well for me as I have 3 cars, TVR insured seperately (as I have 2 seperate max NCD's) and the other 2 with Admiral (BMW 325 & Rav 4) the 2 cars combined were actually cheaper than the BMW on its own with Admiral whaen I added it to the policy!Never really got the point of their multi car policy. Individual quotes were always cheaper.
Telephone the 2nd insurer, or the same one if it is multicar.
Almost all insurers will not "mirror" NCDs via websites. They will normally only do it if you speak to a person, usually senior'ish, directly on the phone and ask politely and charmingly. Probably best to call on a weekday in work-hours, when the full-timers and most experienced advisors are on call.
Almost all insurers will not "mirror" NCDs via websites. They will normally only do it if you speak to a person, usually senior'ish, directly on the phone and ask politely and charmingly. Probably best to call on a weekday in work-hours, when the full-timers and most experienced advisors are on call.
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