No Claims Discount - insurance companies
Discussion
Hi,
I have two cars one with 15 years and one with 17 years NCD currently both with the same insurer RAIS. One car is due for renewal and I have cancelled the renewal. In the NCD proof it says 9 years and not 17.
I've rung them up and the'ye blanket refused to give me any document to declare my full NCD, so as far as my next insurer is concerned I will now be proving 9 years even though my GoCompare etc quote declares 17 years. So i'm now in a possition of 'losing' 7 and 5 years NCD
Anyone else had this issue and what have you done about it?
I'm pretty sure you aree not going to get 17 years NCD, but it must be factor at the end of the day otherwise why would other the insurance companies collect the values and not all stop at 10.
I have two cars one with 15 years and one with 17 years NCD currently both with the same insurer RAIS. One car is due for renewal and I have cancelled the renewal. In the NCD proof it says 9 years and not 17.
I've rung them up and the'ye blanket refused to give me any document to declare my full NCD, so as far as my next insurer is concerned I will now be proving 9 years even though my GoCompare etc quote declares 17 years. So i'm now in a possition of 'losing' 7 and 5 years NCD
Anyone else had this issue and what have you done about it?
I'm pretty sure you aree not going to get 17 years NCD, but it must be factor at the end of the day otherwise why would other the insurance companies collect the values and not all stop at 10.
A lot of insurers only offer a maximum of 9 years.
What's important rather than the number of years is the size of discount offered.
If 9 years & 17 years attract the same percentage discount on the premium then you've lost nothing.
Enquire what percentage discount is offered by insurers for their maximum level of no claims.
What's important rather than the number of years is the size of discount offered.
If 9 years & 17 years attract the same percentage discount on the premium then you've lost nothing.
Enquire what percentage discount is offered by insurers for their maximum level of no claims.
Edited by vonhosen on Thursday 18th August 12:54
That was always my understanding until about 10 years ago.
Question..............if 9 is the Max, why do the 'comparison sites' ALL accept upto 20 and pass that info on to the insurer. Even some of the insurers I tried directly also accepted >9. e.g. Axa, Aviva.
I change my insurer every year so the past 7 years on one car and the past 5 years on my other would mean probably 10 different insurers also accept/recorded and then passed that NCD info on.
Max discount is irrelevant if one place offers 11 years max, then I've immediately lost my 9+
Question..............if 9 is the Max, why do the 'comparison sites' ALL accept upto 20 and pass that info on to the insurer. Even some of the insurers I tried directly also accepted >9. e.g. Axa, Aviva.
I change my insurer every year so the past 7 years on one car and the past 5 years on my other would mean probably 10 different insurers also accept/recorded and then passed that NCD info on.
Max discount is irrelevant if one place offers 11 years max, then I've immediately lost my 9+
A lesson to keep all old documentation. 
I had 15 years back in 2020 but when I switched to Direct Line, they only recognise 9 years at renewal notice. (It makes very little difference after that really, although some companies will continue to give another 1% for every year after 9).
I kept my renewal notices from old insurers and when I switched to Saga in 2021, they recognised my, now 16 years after I proved it. I renewed this year without switching since it wasn't cheaper elsewhere (law change in Jan stopping discounting for new customer helped there). They recognise I now have17 years.
Similar to the OP, I also have 6 yrs built up on other vehicles but that is dormant at present. My other cars are on 'classic' policies but I have until Nov 2024 to activate or lose it.
I had 15 years back in 2020 but when I switched to Direct Line, they only recognise 9 years at renewal notice. (It makes very little difference after that really, although some companies will continue to give another 1% for every year after 9).
I kept my renewal notices from old insurers and when I switched to Saga in 2021, they recognised my, now 16 years after I proved it. I renewed this year without switching since it wasn't cheaper elsewhere (law change in Jan stopping discounting for new customer helped there). They recognise I now have17 years.
Similar to the OP, I also have 6 yrs built up on other vehicles but that is dormant at present. My other cars are on 'classic' policies but I have until Nov 2024 to activate or lose it.
It’s nice to have 100 years NCB but you are still only going to get the max NCB allowable which may well be the equivalent of 9 years in most places.
I think Land Rover insurance magic’d away several years of mine as I came out the other end with their max of 9 years after going in with 15 or something like that.
The bottom line is that NCB is a bloody embarrassment to the insurance industry and ought to be standardised or preferably replaced with something that makes sense.
I think Land Rover insurance magic’d away several years of mine as I came out the other end with their max of 9 years after going in with 15 or something like that.
The bottom line is that NCB is a bloody embarrassment to the insurance industry and ought to be standardised or preferably replaced with something that makes sense.
Ninja59 said:
There is the NCD or NCB database run by MID, but I am yet to hear of many insurers using it. It would save all this nonsense, there is pretty much a database for all the others widely used, but this latest one seems to not have had the same take up which is interesting....
They must do, I have not had to provide proof of my no claims discount for several years now and have switched a few times as has my partner.Sparky , I haven’t changed Insurers for quite a while but the last time I did the previous Insurer gave me a letter to confirm I had the maximum NCD allowed by them.
Whilst it didn’t state the years I can’t believe your existing won’t do something similar even if you then have to tell your new Insurer then you have more than the ( usually ) stated max allowable of 9.
I think that’s why most comparison sites tend to show 9+ as the maximum.
You haven’t “ lost “ years but I can see why it would seem that way.
The other alternative is to find a broker to do all the work.
Whilst it didn’t state the years I can’t believe your existing won’t do something similar even if you then have to tell your new Insurer then you have more than the ( usually ) stated max allowable of 9.
I think that’s why most comparison sites tend to show 9+ as the maximum.
You haven’t “ lost “ years but I can see why it would seem that way.
The other alternative is to find a broker to do all the work.
I’ve encountered this before. If your current insurer will only evidence 9, they’ll only evidence 9. But when obtaining quotes you can state you have “maximum” no claims, or explain the situation. Ive always found this to work although admittedly I think the quoting company also capped at something like 9.
I've resolved it. I complained and they wrote an official email stating they offered 9 years NCD and I was claim free, but previous insurers had provided proof of 16 years.
So looks like I've probably got another complaint to make when my other car comes up for renewal.
Like people have said good to keep previous years NCD letters. I had this prob a few years ago and hadn't a clue who my previous insurer was. 4 cars changed every year plus house insurance changes, - was a nightmare to remember which insurance co was which.
So looks like I've probably got another complaint to make when my other car comes up for renewal.
Like people have said good to keep previous years NCD letters. I had this prob a few years ago and hadn't a clue who my previous insurer was. 4 cars changed every year plus house insurance changes, - was a nightmare to remember which insurance co was which.
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