Insurance and NCD

[Robmac]

Got the one car with two drivers, so each year swap in whose name the insurance is with.
Last year the OH insured it. This year I am insuring it (bought new insurance today as it happens). That way each of us keeps our NCD running as within the 2 year period.
(MH is with Comfort, so no NCD transferred to or accrued with them)

We also have just the one car but it is insured in my wifes name with me as a named driver so I don't accrue any NCD. I will do what you do in future and alternate years so thanks for that.

I also have the motorbike so will gather NCD on that (hopefully) but I very much doubt if I can transfer to any other vehicle policy, however if I made a claim on the bike policy I expect that would be considered on other policies when calculating the premium?

They usually get you every which way!

 

[skippy]

Recently had to make a claim with Market Study 31-7-20 AIB only sells policy nothing else.Had to handle everything myself because I had local company to recover vehicle I had £2500 deducted off value for storage charges for not using their recovery.
Marker study unable to process claim due to covid AIB UNABLE TO HELP THROUGHOUT
Will not use either company again

 

[mfw]

We also have just the one car but it is insured in my wifes name with me as a named driver so I don't accrue any NCD. I will do what you do in future and alternate years so thanks for that.

If you have already lost your NCB will you actually gain anything from starting from scratch - although you may be able to get a nearly mirrored policy

 

[jacquigem]

If you have already lost your NCB will you actually gain anything from starting from scratch - although you may be able to get a nearly mirrored policy

Insurers can offer introductory bonus idf you have evidence of claims free driving. Always worth asking

 

[Robmac]

If you have already lost your NCB will you actually gain anything from starting from scratch - although you may be able to get a nearly mirrored policy

I don't know. We will have to do some negotiating when it is time to renew.

 

[mfw]

I don't know. We will have to do some negotiating when it is time to renew.

Motorbike NCB is the worst to lose some bikes become un-insurable and others are an arm and a leg got a little 125 and insurance is about £50 a year cheaper than what i can insure an R1 for and starting from scratch i'd probably struggle getting insurance

 

[Robmac]

Motorbike NCB is the worst to lose some bikes become un-insurable and others are an arm and a leg got a little 125 and insurance is about £50 a year cheaper than what i can insure an R1 for and starting from scratch i'd probably struggle getting insurance

Yes I too have a 125 and pay quite a lot to insure it.

I'm taking my test soon and if I pass I will be buying the RE Interceptor 650, but I will wait until next June when hopefully I will have accrued 1 years NCD on the 125 policy.

 

[mfw]

Yes I too have a 125 and pay quite a lot to insure it.

I'm taking my test soon and if I pass I will be buying the RE Interceptor 650, but I will wait until next June when hopefully I will have accrued 1 years NCD on the 125 policy.

My 125 is under £80 a year comprehensive and R1 classic carb job is £50 a year more if that - comprehensive as well

 

[wildebus]

If you have already lost your NCB will you actually gain anything from starting from scratch - although you may be able to get a nearly mirrored policy

A few years ago I took out an Admiral policy on the car. Some kind of multi-car, multi-person policy.
I had 9 years NCD. Partner has just 1 years NCD but they offered to match my NCD to her (so bumping from 1 to 9 instantly!). I thought intially this might just be applying an equivalent discount to 9 years NCD, but the renewal letters a year later showed me as having 10 years, and her as 10 years NCD as well.
I don't know if that is common practice with Admiral but was dead handy

 

[Markd]

We also have just the one car but it is insured in my wifes name with me as a named driver so I don't accrue any NCD. I will do what you do in future and alternate years so thanks for that.

They usually get you every which way!

It'll be interesting to see how much NCD they give you when you swap.

Understandably you can't get protected NCD if you don't have one!

 

[Robmac]

It'll be interesting to see how much NCD they give you when you swap.

Understandably you can't get protected NCD if you don't have one!

I'm not really asking for any.

But at least if I start insuring the car every second year in my name I will start to earn some NCD. Whilst I am a named driver I am not building any up.

 

[wildebus]

I'm not really asking for any.

But at least if I start insuring the car every second year in my name I will start to earn some NCD. Whilst I am a named driver I am not building any up.

Something that just occured to me and you might find out if it is right or not ....
Take out insurance for 2021 and in 2022 you have 1 years NCD.
Wife takes it out for 2022 to maintain her NCD.
Your turn in 2023 You earned 1 year from 2021. You are claim free as a driver in 2022. So in 2023 have you got just 1 years, or have you maybe got 2 years as you have a insurance record AND you are within the 2 year timeframe before NCD 'resets' back to zero?
I don't know but be interesting to find out as if it was the case you accrue years in-between policies, you can build it up twice as fast

 

[jacquigem]

Something that just occured to me and you might find out if it is right or not ....
Take out insurance for 2021 and in 2022 you have 1 years NCD.
Wife takes it out for 2022 to maintain her NCD.
Your turn in 2023 You earned 1 year from 2021. You are claim free as a driver in 2022. So in 2023 have you got just 1 years, or have you maybe got 2 years as you have a insurance record AND you are within the 2 year timeframe before NCD 'resets' back to zero?
I don't know but be interesting to find out as if it was the case you accrue years in-between policies, you can build it up twice as fast

In the "old days" bonus was earned by the policyholder keeping a policy in force for a number of consecutive years and not claiming .Then insurers started giving "starter" or introductory bonus to try and attract business from good drivers who maybe didnt have paper evidence of no claims in their own name. So it is possible that some underwriters will give an introductory maximum bonus if you are perceived to be a good risk but just lack the paperwork to prove bonus .Others will offer "flat rate" premiums if you can satisfy certain eligibility requirements . I dont suppose this answers your question but might give you some historical perspective or maybe not ! My best advice would be to shop around and make sure underwriters know all the good features you can like accident free driving experience on whatever vehicle . Oh and you must tell them about any bad features , even if they dont ask the specific question , otherwise insurance can be avoided . Good Luck

 

[CliveW]

Most insurers / brokers will allow and convert to NCB from a letter confirming "accident/claim free years". This must be from the last insurer and usually a maximum 2 years old.