No Claims bonus !!

deanos

Rhino666 wrote:

I checked on the AA website - no chance I will ever use them ;-)

When I declared an own fault claim for a roundabout collision (on another vehicle), their quote went up by about 15% despite the car I was proposing to insure having a full no claims bonus.

Its the person that has the NCD not the car

Tim_Dodd_2

Claims - could there be a more confusing issue with consumer products?

Have you looked into the multi-car insurance products? You could save some money by insuring the two vehicle together?

Rhino666, you also mentioned in your first entry that you have two motorbikes. You should be aware that motorcycle insurance providers will treat the NCB you earn on a car as a different entity to that on a motorcycle. It is worth telling your motorcycle insurer about your good car driving record when haggling on the phone but they'll treat them differently.

In my situation for example, I passed my bike test in 2006. But I have a considerable NCB from driving a car for many years. However, the motorcycle insurance companies requested to how many motorcycle NCB year I had built up. The answer being ZERO - the premium being higher of course.

I spoke to Norwich Union about this once and they explained that the difference was in place because the experience of driving a car - whilst useful road experience - is a different discipline to riding a bike.

anniecave

deanos wrote:

Its the person that has the NCD not the car

And if you've had an accident then even if you had protected no claims you will be a higher risk than someone who hasn't. Hence premium will go up.

deanos

anniecave wrote:

And if you've had an accident then even if you had protected no claims you will be a higher risk than someone who hasn't. Hence premium will go up.

Of course it will go up but you still get your full discount tho if protected

Rhino666

A multi car/bike policy would be excellent but unfortunately I have only found a multi bike policy that saves money - ebike. I rode motorbikes for years before getting involved with cars and unfortunately the norm is to treat them completely separately - no logic of course, particularly bike to car and completely in favour of the insurance company.

As an aside I am just on the point of renewing both insurances for my cars (expire 1st Dec) - barclays currently try to match the quote of a renewal or reduce by up to £100 to match or get close and then pay £50 when you take the policy out. Their premiums are too high to start but I will end up saving about £40 per car, having already saved £50 using the same method with them for house insurance.


'Its the person that has the NCD not the car ' - Deano

True in one sense but not another...............

True because the NCD will be affected on all car policies to some extent by a claim.
False because a full no claims bonus earned on your first car will not be applied to your second car in most cases :-(

The point with regard to protected no claims bonus is that protected no claims bonus should be exactly that - you pay a fee to protect the bonus and when you have an accident there is no impact on your premium, except for the additional (10% ?) annual fee for bonus protection of course. Historically insurance companies increase claimants insurance by loading the base premium to cover the higher risk and offset the unmolested no claims bonus. I guess that this is all still true and no claims protection is a waste of money - if anyone knows different please reply.