no claims scam on car insurance ?

Murtle

The protected NCB on my current insurance allows me to have 2 claims in a year, windscreen replacement excluded.

3 would remove the protection.

If you want to know the answer to your question, try doing a quote with 1 year NCB, 2 years, etc and see what the difference is in your quotes.

How do we know they aren't scamming us? You choose and pay for the one you want.

Woody._2

Murtle wrote: »

The protected NCB on my current insurance allows me to have 2 claims in a year, windscreen replacement excluded.

3 would remove the protection.

If you want to know the answer to your question, try [STRIKE]doing a quote with 1 year NCB, 2 years, etc and see what the difference is in your quotes.[/STRIKE] reading your policy documents.
How do we know they aren't scamming us? You choose and pay for the one you want.

Is what he should do.

paulburn

pgilc1 wrote: »

Just because you dont understand whats happening, doesnt make it a scam.

Basically, your no claims bonus has been protected, but they are weighting your insurance against you because of your claims.

If you hadnt protected your no claims bonus, the quotes you are getting now would be much higher.

I'm not sure you quite understood my original post ?

I wasnt asking why my premiums went up after accidents.

I was asking how I can be sure that my premiums would not have gone up by a similar amount even if I hadn't be buying NCP for the last few years.

maybe unanswerable question !

P

poppasmurf_bewdley

Your protected NCB is only with your present insurance company, to whom you've paid the premium.

It has no effect whatsoever on any other insurance company, who are not bound by it, and will see three claims in one year and run a mile.

To be honest, I think you are lucky to have got a quote at all.

paulburn

poppasmurf_bewdley wrote: »

Your protected NCB is only with your present insurance company, to whom you've paid the premium.

It has no effect whatsoever on any other insurance company, who are not bound by it, and will see three claims in one year and run a mile.

How interesting !

I thought NCB was transferrable between companies ?

If it is not, why do they ask about it on application forms ?

By your logic, I would have expected my existing company quote to be much lower than the others, but it wasnt, there were many in a similar range. It looks to me like the other companies have treated my NCB in exactly the same way as my current company.

Paul

Woody._2

Have you written confirmation as to how much no claims you actually have?

paulburn

Woody. wrote: »

Have you written confirmation as to how much no claims you actually have?

yes is 9 plus years.

tho I wish it would be quoted in percentage terms by the insurance industry !

Ive no idea what the conversion factor from years to percentage is.

Or does it vary with company ?

Woody._2

paulburn wrote: »

yes is 9 plus years.

tho I wish it would be quoted in percentage terms by the insurance industry !

Ive no idea what the conversion factor from years to percentage is.

Or does it vary with company ?

Well I'd stay with you original company if they allow 3 claims a year.

poppasmurf_bewdley

paulburn wrote: »

How interesting !

I thought NCB was transferrable between companies ?

If it is not, why do they ask about it on application forms ?

By your logic, I would have expected my existing company quote to be much lower than the others, but it wasnt, there were many in a similar range. It looks to me like the other companies have treated my NCB in exactly the same way as my current company.

Paul

Your NCB is transferable between companies, but your protection of that NCB is a matter between just yourself and your current insurance company.

Could you imagine one insurance company saying "this other insurance company took money to protect a bonus and now expects us to give insurance on that NCB - oh, that's ok then".

Any insurance company, when giving any quote, asks for details of claims you have made and give their quote accordingly. Someone with no claims will get a better quote than someone with three claims, whether the later had protected bonus or not.

paulburn

Woody. wrote: »

Well I'd stay with you original company if they allow 3 claims a year.

Was not 3 in a calendar year. Was 3 year in a 12 month period (ie before and after New Year).

Does that make a difference ?