Which car insurance companies offer NCB build up for named drivers?

shaggy

Question as subject really Basically need a second car, and want the wife to build up a NCB and wondered what the cheapest way to do this was - have her as the main driver on the second car, or myself as main driver on second car and her as named driver, but go with an insurance company which lets you build NCB for named drivers?

JQ.

No insurance Co's actually offer named driver NCD - it's all marketing spin and is not transferable between insurance co's.

Just have her be the main driver on the second car.

touch*my*food*feel*myfork

NFU

http://www.nfumutual.co.uk/you/motor-insurance/car-insurance.htm

they offer a bonus no claims for first year. Put you postcode in to find nearest branch and you'll need to phone them, don't offer online quotes. Advantage is they are UK based and a branch is not usually that far away from you .

my husband recently purchased a second car, having always been named on my policy.
he managed to get insurance for under £300

HTH

cajef

JQ. wrote: »

No insurance Co's actually offer named driver NCD

Ok, so what is this then with Direct Line?

http://www.directline.com/motor/newimprovedcar.htm#nameddriverncd

mikey72

and


http://www.co-operativeinsurance.co.uk/cfscombi/pdf/Co-operative_Car_Insurance_policy_summary.pdf

page 10

JQ.

cajef wrote: »

Ok, so what is this then with Direct Line?

http://www.directline.com/motor/newimprovedcar.htm#nameddriverncd

I'm not going to read them all, but will take Direct Line as an example. I quote : "However, it may not be recognised by other insurers." There's no may about it - it won't.

So OP has wife on policy as named driver for 5 years with Direct Line. DL were probably not the cheapest policy but the OP went with them as they offered the Named Driver NCD scheme. She decides she wants her own policy and starts researching the market on the comparison sites. Then realises that the only company that will accept her 5 years NCD are Direct Line. Hmmnn, do we think Direct Line will offer exactly the same cost as the cheapest alternative policy with a full 5 year NCD accrued as the main driver, the cynic in me says no?

So over the 5 years the policy will have cost more and when they want a full policy they have to pay a bit more as well. As I say it's all marketing spin.

If these things were transferable between insurance companies then I'd think it's good idea, but they're not.

rev_henry

JQ. wrote: »

I'm not going to read them all, but will take Direct Line as an example. I quote : "However, it may not be recognised by other insurers." There's no may about it - it won't.

So OP has wife on policy as named driver for 5 years with Direct Line. DL were probably not the cheapest policy but the OP went with them as they offered the Named Driver NCD scheme. She decides she wants her own policy and starts researching the market on the comparison sites. Then realises that the only company that will accept her 5 years NCD are Direct Line. Hmmnn, do we think Direct Line will offer exactly the same cost as the cheapest alternative policy with a full 5 year NCD accrued as the main driver, the cynic in me says no?

So over the 5 years the policy will have cost more and when they want a full policy they have to pay a bit more as well. As I say it's all marketing spin.

If these things were transferable between insurance companies then I'd think it's good idea, but they're not.

This is what I have always thought about it. Having said that when I first got my own car Admiral gave me a years NCD (or discount equivalent to) for driving for a year as a named driver on my mother's car, despite it being a different insurance company.

Another thing to bear in mind is that you can't use your NCB on 2 cars simultaneously, which is what I think the OP was suggesting by being main driver himself in car number 2. Some insurance companies may 'mirror' your NCB on a second car though, which is basically the same thing, but technically isn't, if that makes sense...

mikey72

I've had mirrored ncd given me for the first year, which has then been matched by other companies.

Personally, I'd try to get new insurance with the same company you're with, in your wife's name, and negotiate a discount with your insurance company first, assuming she is currently a named driver on your policy. Try other companies, such as DL and the Co-Op, and a broker as well for price comparisons.

cajef

JQ. wrote: »

I'm not going to read them all, but will take Direct Line as an example. I quote : "However, it may not be recognised by other insurers." There's no may about it - it won't.

But you stated

JQ. wrote: »

No insurance Co's actually offer named driver NCD

Which is untrue, the fact there are terms and conditions does not alter the fact that some companies do give a a named driver NCD.

JQ.

:rotfl::rotfl::rotfl:

Great bit of misquoting. Try quoting the WHOLE sentence.

JQ. wrote: »

No insurance Co's actually offer named driver NCD - it's all marketing spin and is not transferable between insurance co's.

It is marketing spin and it's not transferable, so as far as I'm concerned it's not a NCD. It's sole purpose is to create brand loyalty by giving the customer the perception they are saving money, the reality is they're not as they can't switch provider each year.

It's fine by me, the idiot's overpaying on their insurance for things like this and protected no claims keep my premiums down.

grizzly1911

With direct line, as a named driver (A), providing you have no claims built up as a named driver.Then you get a discount on the new policy (name of A) equivalent to the no claims discount.

As a PP said I doubt this is the full discount (if you had it) or the cheapest underlying premium, for the risk, either.

Once A has the policy, A can then build up NCD on that policy which A can then transfer in due course. That is my understanding.

Overall it might not be the cheapest way of getting there but will be comparable and relatively easy to do. IME DD aren't necessarily the cheapest but they are far from the worst.