Insurance no claims (legal?) conundrum
Discussion
I am in the unfortunate position of having got myself in a small fender bender. I had 10 years no claims and so never bothered protecting it, after all, what difference is there in the premium between 10 and 8 years (given you lose 2 years no claims when you have an accident)?
Little did I know, my insurer Coop Eco have a 5 year no claims maximum, after that they give no further discounts, and on this basis consider you to have dropped down to 3 years no claims.
Moving to a new insurer, I understand that for those insurers that go by this 5 year maximum, I would have to state 3 years no claims. But for insurers that recognise the full 10 year, can I tell them I have 8 years no claims (as by their rules, I would indeed have 8 years no claims)?
For the purposes of this post please refrain from saying Coop will only provide proof for 3, I know this. I'm just interested in people's thoughts as to whether according to some providers terms I would still have 8 years NC, regardless of whether I can prove it.
Little did I know, my insurer Coop Eco have a 5 year no claims maximum, after that they give no further discounts, and on this basis consider you to have dropped down to 3 years no claims.
Moving to a new insurer, I understand that for those insurers that go by this 5 year maximum, I would have to state 3 years no claims. But for insurers that recognise the full 10 year, can I tell them I have 8 years no claims (as by their rules, I would indeed have 8 years no claims)?
For the purposes of this post please refrain from saying Coop will only provide proof for 3, I know this. I'm just interested in people's thoughts as to whether according to some providers terms I would still have 8 years NC, regardless of whether I can prove it.
2 sMoKiN bArReLs said:
Very unlikely. In my experience they work from the documentation provided. Always worth a try though.
Yep, I get that, proving it is a separate thing altogether. Just interested to know whether I'd be breaking their terms by saying I had 8 years NCD, if under their terms my 10 years minus 2 for the accident leaves me with 8.eshroom said:
For the purposes of this post please refrain from saying Coop will only provide proof for 3, I know this. I'm just interested in people's thoughts as to whether according to some providers terms I would still have 8 years NC, regardless of whether I can prove it.
Electro1980 said:
You have answered your own question. Coop will only give you proof of no claims for 3 years, therefor you only have 3 years. Your next insurer will want to see the proof.
Understood, thanks, but question isn't about whether it can be proved or not.stevensdrs said:
You are clutching at straws OP. You can only put 3 years NCB on any new application as insurance companies will check with your previous insurer or ask to see proof from a renewal notice.
Whether I can legally claim to have 8 years according to X company's terms and whether I can prove it are two different issues.matt2911 said:
Problem is I doubt you will find a company who would accept your logic regardless of legality. And complaining to them when they don’t accept it won’t wash as you will simply referred to the terms you accepted when taking the policy. So it’s kind of a moot point really unfortunately.
My concern is if a claim needs to be made, will company X say I should have stated 3 years. I understand getting an insurer to accept my logic is a hurdle in itself, but that's not what concerns me.Slow said:
Ive had 2 insurance companies never ask me for proof of no claims so you could get lucky with that.
One even gave me a second set of no claims bonuses 2 years later despite my policy being not renewed and the car sold on. Had 5 and 4 years no claims after driving for 5 years.
That has also been my experience, hence the post. Quotes with 8 years NCD are about 25% for me than quotes with 3 years NCD. I just want to be confident in claiming I have 8 years NCD before having a go.One even gave me a second set of no claims bonuses 2 years later despite my policy being not renewed and the car sold on. Had 5 and 4 years no claims after driving for 5 years.
LeoSayer said:
Is there a material difference in policy cost between 3 and 8 years NCB?
For me about 25%.RogerDodger said:
You might well be better sticking with coop.
I tried, I accepted their renewal, then they sent a letter on 27th of December asking for me to verify my license (photo and DVLA authorisation), I didn't receive this as was on holiday so they cancelled the policy on 6th January. Livid. I sent this into them yesterday but they said they would have to requote rather than offer the renewal price, and will take 3-5 working days to do so. Lucky car is off the road, and I guess I'll be using the bus for a few days.Edited by eshroom on Tuesday 14th January 11:36
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