An Insurance no claims question...

[FIREBIRDC9]

Apologies if this is in the wrong topic.

Interested to hear if anyone has experience in the following situation.
I currently have two cars, a daily and a toy. (A Swift sport and an MR2 if you are wondering)

Both cars are insured fully comp with the same insurer. I have over 5 years no claims on both policies.
As you may or may not know, your No claims is done per policy now , so i had to start the second policy with 0 years no claims whereas i had 2 years on the first. (It makes no sense but since when did Insurance make sense)

Normally when you sell your car you have another lined up straight away, the changeover is done and your no claims carry over.

My issue is that at some point this year i will be putting the MR2 up for sale in order to buy something new.
Once the MR2 sells, i will then be browsing the interweb for a replacement.
This could take weeks or months as i have no rush, plus i have an idea of what i would like and it may take a while for one to come up. (Sunset Orange 350z Roadster if you are wondering)

What will happen to my no claims on the MR2 policy if i sold the car and didn't get a replacement for 3 months?

I'm worried that the insurance company will attempt to stitch me up and say i have no no claims on my second policy because it isn't a direct switchover.
I considering keeping the MR2 insured even after i sold it (Its paid for for a year anyway) but i have no idea if that is valid/legal.

If you have a policy with no claims , then cancel it. And start a new policy 6 months later , do you still have no claims?

I will be talking to my insurance company when the time comes but just wanted to see if anyone had any experience with this on here.

Thanks

[InitialDave]

My experience is that you might lose out on the partial year accrued since your last full year, though it's worth calling them and asking if there's a way round that with "suspending" rather than cancelling your policy or something.

I'd take the most recent renewal letter where it says you have X years NCB as the way to show how much you have when shopping around on your new car.

It's entirely possible another insurer may be cheaper than your current one.

Edit: keeping your policy running after selling the car may not be illegal, but I think it can leave you a bit shafted if the new owner crashes into someone and is themselves uninsured.

Edited by InitialDave on Wednesday 9th January 10:39

[Mandat]

The NCD will stay active for 2 years, therefore it would be lost if you didn't use the NCD after the 2 year period.

Also, having separate NCD's on separate policies is actually better, rather than having a single NCD covering all different policies that you might have.

Edited by Mandat on Wednesday 9th January 13:47

[tickedon]

InitialDave said:

.

Edit: keeping your policy running after selling the car may not be illegal, but I think it can leave you a bit shafted if the new owner crashes into someone and is themselves uninsured.

Edited by InitialDave on Wednesday 9th January 10:39

Correct. If a policy is active, and for whatever reason the new owners policy won’t pay out, they’ll come after your policy. Google it - there have been some odd situations where exactly this has happened and the old owner has lost out quite badly.

Definitely not recommended and almost certainly against the terms of your insurance too, meaning you’re possibly liable to reimburse your insurer if they did pay out too!