Insurance no claims (legal?) conundrum

[Sheepshanks]

dibblecorse said:

More likely than you think, I used to work for one of the big providers and you'd be amazed what the base premiums are for at times so fairly standard cars, in many ways the car itself is a very small proportion of the quoting calculation.

Sure, but I meant the base premium for my wife, our address etc etc - simply with no NCD applied.

[dibblecorse]

Sheepshanks said:

dibblecorse said:

More likely than you think, I used to work for one of the big providers and you'd be amazed what the base premiums are for at times so fairly standard cars, in many ways the car itself is a very small proportion of the quoting calculation.

Sure, but I meant the base premium for my wife, our address etc etc - simply with no NCD applied.

I get what you meant, the statement stands, that base premium may not be far off.

[Gerradi]

twocolours said:

The insurance industry... the only place where that maths makes sense!

I've never really thought about it but if you have 8 years NCB and take out a policy with an insurer that only recognises five, then move provider at the end of your policy (without making any claims), will they only give you proof of 5 years NCB? Thus loosing you 3 years NCB for no reason, surely not?

Surely YES....Nearly Happened to me.
I was with Swiftcover, the cari bought they would not insure, I have 2 policies with Swiftcover, on the new car I ended up with Privilege .

On renewal date sky high quote so I then went to Saga(no pun) told them I have 12 yrs etc , then Privilege told me they would only give me 9yrs as thats all they record up to. Contacted Saga as the quote was on 12 yrs etc & they said the quote could not apply as there was 3yrs difference, I told them I was only with Privilege for 1 year as Swiftcover had not accepted the different car but I still had the letter from Swiftcover the previous years stating I had 11 years & have had NO accidents in the past year....They said if I can provide the letter from Swiftcover & the NCB from Privilege they would honour the quote....So YES your fears are correct, Saga told me that it could be worse as some people have 20 yrs & other companies only go up to 6yrs so goodbye 14yrs NCB....toatal farce

[Rick101]

Thread bump.

i'm moving away from my dear specialist and going with a cheapie. Well trying to as currently their website is kaput

Did notice this when they were trying to flog NCB protection. Found it quite interesting as they insinuated extra discount for all those years when I understood the max discount was reached at 5 years (70%).
Should have copied the below bit too really as that was different to usual in it only pushing you back to 4 for one claim.

Edited by Rick101 on Saturday 25th January 08:40