Car insurance query

[Funk]

Wonder if someone in the know can advise...

I have 9 years NCD and my current policy started 14/11/19. I'll be changing cars in the next few months and it works out significantly cheaper to take out a new policy on the new car and cancel the old policy than it does to simply change the policy to the new car (£549/yr for a new policy, £872/yr pro-rata to amend which means an additional £197 required on top of the premium already paid).

In this crazy insurance world, it's actually the same company who are cheaper to start anew with (quotemehappy.com). If I start a new policy and move the NCD to it prior to cancelling the existing policy would I lose the time that I've accrued so far this year toward the 10th year of NCD or would it count as continuous?

I know it's probably minor in the grand scheme of things especially when taking into account the saving made by jumping through the various hoops even if the few months are 'lost'.

[dibblecorse]

Quotemehappy are just a broker, the cheaper quote will more than likely be with a completely different underwriter, you can find out who your underwriter is currently on either your schedule or certificate.

If you cancel the policy you lose any accrued bonus but at 9 years plus it makes no real odds.

[RazerSauber]

You'd lose it I should think. It appears to be awarded to you when the policy completes rather than the actual time you've driven without incident. I believe Admiral can do 10 month policies and still give 1 year's NCB at the end though!

Have you called QMH and asked them to match it?

[treeroy]

I was under the impression that there is a limit of 8 years NCD that insurers consider, so anything over 8 years and its all the same.

[Funk]

Thanks all, as I suspected - QMH are just the 'online only' part of Aviva so there's no option to call them (it's part of the reason they're cheaper as it's pretty much self-service) and they don't price-match (even themselves - I had the same games at the renewal last year!). Given that whether it's 9 or 10 years will make no difference it's worth losing the few months already accrued this year and starting the new policy then.

Cheers!