No Claims Discount on House Insurance

matty_hunt

Hi.
I see that with car insurance one can 'carry over' accumulated no-claims discount for up to 2 years (sometimes 3) without a continuous policy in place. Is this the same with house insurance?

Many thanks

dogbot

It will depend upon the insurer and what they have allow.

However, I think that home insurers tend to be more cautions and look for more continuous insurance. For example, a product I have in front of me now will only recognise NCD provided the previous policy expired not more than 6 weeks prior to inception of the new one.

A broker would know more, or just ring a few insurers who you find give you the cheapest quotes for the level of cover you are looking for.

dacouch

Dogbot is right, very few companies will allow no claims discount on a home insurance unless it is continuous unless there is a very very good reason. In fact a lot of companies will not cover people if there is a gap gap of more than a couple of months between their last policy and the new policy