Sorry - possibly daft insurance question
Discussion
Looking at getting a weekend car in addition to our daily drivers (mx-5 naturally)
I have a company car with 2 years of not claiming
wife has own car (me named driver) with 9 years no claims.
Question is, can I use either of the 'no claims' for discount on the third car? Which will be owned by me as main driver (wife as named driver)???
I have a company car with 2 years of not claiming
wife has own car (me named driver) with 9 years no claims.
Question is, can I use either of the 'no claims' for discount on the third car? Which will be owned by me as main driver (wife as named driver)???
k_jessop said:
Nope, no claims can only be used on one car at a time. I think you can split them up though, so if you only have 2, put 1 years on each car. Not 100% on that though.
Its rare that you'd be able to split the NCB up, not saying it can't happen but it is unlikely.2 options OP.
1) Your current insurer for your wifes car may offer you a "named drivers" NCB but it would mean insuring with them as usually named drivers ncb isn't accepted by insurers other than the one they were built up with.
2)Some insurers will accept company car NCB, you just need to ring around and find out which ones will accept them.
When I was insuring my MG as a weekend car, the specialist insurers I went with (Lancaster) wouldn't "use" my no claims bonus on the policy, however they did take into consideration the fact that I hold another policy with 3 years bonus on it, which probably helped bring the price down a bit.
I expect different insurers have different policies on how they go about it, but I think many specialists will take certain things into consideration.
I expect different insurers have different policies on how they go about it, but I think many specialists will take certain things into consideration.
Call a broker (eg Saffron, Adrian Flux, Footman James)
Ask explicitly for them to find you a "mirror policy" or a "shadow policy" based on teh usage taht you propose, i.e. it has to be a car driven a minority of the time, often a limited mileage.
This will recognise your no claims, but no accrue any further benefit.
Ask explicitly for them to find you a "mirror policy" or a "shadow policy" based on teh usage taht you propose, i.e. it has to be a car driven a minority of the time, often a limited mileage.
This will recognise your no claims, but no accrue any further benefit.
KenBlocksPants said:
Excellent thank you all.
Looking at early Mk1 MX-5's (1990 - 1996) Interesting the classic angle, does anyone have experience of that with an MX-5?
Lancaster used to insure my MR2 as a classic, which didn't need to 'use' any NCB and was less than a regular policy with NCB.Looking at early Mk1 MX-5's (1990 - 1996) Interesting the classic angle, does anyone have experience of that with an MX-5?
zaphod42 said:
Call a broker (eg Saffron, Adrian Flux, Footman James)
Ask explicitly for them to find you a "mirror policy" or a "shadow policy" based on teh usage taht you propose, i.e. it has to be a car driven a minority of the time, often a limited mileage.
This will recognise your no claims, but no accrue any further benefit.
He needs to have NCB first to have them mirrored.Ask explicitly for them to find you a "mirror policy" or a "shadow policy" based on teh usage taht you propose, i.e. it has to be a car driven a minority of the time, often a limited mileage.
This will recognise your no claims, but no accrue any further benefit.
KenBlocksPants said:
Question is, can I use either of the 'no claims' for discount on the third car?
On the face of it, it seems a bit odd to ask the discount without knowing the price.LV= offered my daughter 50% introductory discount when she got her first car at 21 - but they were still dearer than Admiral.
Yes you can do it.
I used to work at an insurance company who would mirror NCB across for a second policy - however the first policy where the NCB was being used must be with them as well, and you cannot get proof of NCB for the second car once you close the policy as it belongs to the first policy.
Also second policy must have the same policy holder as the first.
I used to work at an insurance company who would mirror NCB across for a second policy - however the first policy where the NCB was being used must be with them as well, and you cannot get proof of NCB for the second car once you close the policy as it belongs to the first policy.
Also second policy must have the same policy holder as the first.
ZOLLAR said:
zaphod42 said:
Call a broker (eg Saffron, Adrian Flux, Footman James)
Ask explicitly for them to find you a "mirror policy" or a "shadow policy" based on teh usage taht you propose, i.e. it has to be a car driven a minority of the time, often a limited mileage.
This will recognise your no claims, but no accrue any further benefit.
He needs to have NCB first to have them mirrored.Ask explicitly for them to find you a "mirror policy" or a "shadow policy" based on teh usage taht you propose, i.e. it has to be a car driven a minority of the time, often a limited mileage.
This will recognise your no claims, but no accrue any further benefit.
zaphod42 said:
ZOLLAR said:
zaphod42 said:
Call a broker (eg Saffron, Adrian Flux, Footman James)
Ask explicitly for them to find you a "mirror policy" or a "shadow policy" based on teh usage taht you propose, i.e. it has to be a car driven a minority of the time, often a limited mileage.
This will recognise your no claims, but no accrue any further benefit.
He needs to have NCB first to have them mirrored.Ask explicitly for them to find you a "mirror policy" or a "shadow policy" based on teh usage taht you propose, i.e. it has to be a car driven a minority of the time, often a limited mileage.
This will recognise your no claims, but no accrue any further benefit.
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