NCB with company car

[fly]

I've only had cars privately before, and currently have about 20 years without a claim.
Going to get a company car soon, which I assume gets insured by the company.

So - since I'm not going to have my own private car insurance, will I lose my NCB if I want to buy a car privately again in a couple of years?

[SS2.]

NCB as it stands normally lasts for 2 years after expiration of your last policy.

If you aim to insure another vehicle privately within two years, your NCB should port across in full.

[vikingaero]

Some companies will accept a letter from your employer in lieu of NCB.

[Deranged Rover]

fly said:

I've only had cars privately before, and currently have about 20 years without a claim.
Going to get a company car soon, which I assume gets insured by the company.

So - since I'm not going to have my own private car insurance, will I lose my NCB if I want to buy a car privately again in a couple of years?

No. Mrs D.R.'s full NCB was carried across to her company when she had her first company car 13 years ago, and it was successfully moved back again recently when she went back to a private car.

It should be no different to you moving from one insurance company to another.

[samjlevy]

You need to check with the insurance companies.

I had a company policy for 3 years, Aviva wouldn't carry the NCB over so ended up losing all my no claims.

In short it doesn't carry over from company policy to personal policy, but some insurance companies will accept it providing you can submit proof.

From Aviva's website:

"If you have been driving on a company car policy then you do not earn your own no claim discount but we will be happy to consider you for an introductory discount dependent on your driving history on the company policy."

Edited by samjlevy on Wednesday 8th June 12:23

[thecremeegg]

My CC is just insured by me in my name?

[Old Merc]

My family cars were covered on my motor traders policy for about 20 years.
When I retired I got a letter from the MT insurers confirming my no claims status. I then got a normal car policy with LV= who accepted that, no problems.

[TwigtheWonderkid]

Deranged Rover said:

fly said:

I've only had cars privately before, and currently have about 20 years without a claim.
Going to get a company car soon, which I assume gets insured by the company.

So - since I'm not going to have my own private car insurance, will I lose my NCB if I want to buy a car privately again in a couple of years?

No. Mrs D.R.'s full NCB was carried across to her company when she had her first company car 13 years ago, and it was successfully moved back again recently when she went back to a private car.

It should be no different to you moving from one insurance company to another.

That might fly in a small company where company cars are insured individually, but it's not applicable to most company cars that are insured on a fleet policy where NCB doesn't apply.

[The spinner of plates]

TwigtheWonderkid said:

Deranged Rover said:

fly said:

I've only had cars privately before, and currently have about 20 years without a claim.
Going to get a company car soon, which I assume gets insured by the company.

So - since I'm not going to have my own private car insurance, will I lose my NCB if I want to buy a car privately again in a couple of years?

No. Mrs D.R.'s full NCB was carried across to her company when she had her first company car 13 years ago, and it was successfully moved back again recently when she went back to a private car.

It should be no different to you moving from one insurance company to another.

That might fly in a small company where company cars are insured individually, but it's not applicable to most company cars that are insured on a fleet policy where NCB doesn't apply.

Depends on the insurance company.

I had 4 years private and 10 years company car. The company car fleet provider sent a letter saying they’d suffered no losses / claims on their fleet policy from me.
My new insurance company reviewed all this, were satisfied and gave me max no claims discount when I went back to private.

[TwigtheWonderkid]

The spinner of plates said:

TwigtheWonderkid said:

Deranged Rover said:

fly said:

I've only had cars privately before, and currently have about 20 years without a claim.
Going to get a company car soon, which I assume gets insured by the company.

So - since I'm not going to have my own private car insurance, will I lose my NCB if I want to buy a car privately again in a couple of years?

No. Mrs D.R.'s full NCB was carried across to her company when she had her first company car 13 years ago, and it was successfully moved back again recently when she went back to a private car.

It should be no different to you moving from one insurance company to another.

That might fly in a small company where company cars are insured individually, but it's not applicable to most company cars that are insured on a fleet policy where NCB doesn't apply.

Depends on the insurance company.

I had 4 years private and 10 years company car. The company car fleet provider sent a letter saying they’d suffered no losses / claims on their fleet policy from me.
My new insurance company reviewed all this, were satisfied and gave me max no claims discount when I went back to private.

That's great, but that's not preserving your NCB. That's just a company agreeing to give you max ncb following years of claim free driving on a company car.

[FiF]

I had max ncb on both cars when I stopped having two personally owned vehicles and went to one plus cc. Also named driver on Mrs F insurance.

Twenty odd years later when stopped having a cc, despite a clear record and letter from then employer certifying another clear of claims record couldn't get a full ncb.

Got some discount it is true and suspect financially there wasn't a vast difference between the premium paid and what a full ncb would have been, but still had to rack some years back according to paperwork.

[Deranged Rover]

TwigtheWonderkid said:

That might fly in a small company where company cars are insured individually, but it's not applicable to most company cars that are insured on a fleet policy where NCB doesn't apply.

It wasn't a small company - it was a big one! That said, the company didn’t lease the cars - they bought the cars themselves and the insurance policy was a corporate one.

[TwigtheWonderkid]

Deranged Rover said:

TwigtheWonderkid said:

That might fly in a small company where company cars are insured individually, but it's not applicable to most company cars that are insured on a fleet policy where NCB doesn't apply.

It wasn't a small company - it was a big one! That said, the company didn’t lease the cars - they bought the cars themselves and the insurance policy was a corporate one.

Well it clearly wasn't a fleet policy. There is no NCB on a fleet policy, and cars are often charged at a flat rate per vehicle regardless of the driver, the type of car and where it's kept. In fact, on larger policies, the customer adds and deletes vehicles coming and going on the MID database and the insurance company never know what vehicles they are covering, just the overall numbers of vehicles.