Motor Insurance Question

idragon_2

I have been driving for a year, and my brother about 8-10 months, we share a car. We need to renew out insurance soon, I was wondering if there an insurer that will give both of us a no claims bonus.

Thanks in advance.

Lord_Baltimore

idragon wrote: »

I have been driving for a year, and my brother about 8-10 months, we share a car. We need to renew out insurance soon, I was wondering if there an insurer that will give both of us a no claims bonus.

Thanks in advance.

Doubt it. If there were ten of you driving that car, would you expect everyone to get a no claims discount?

vaio

a few advertise as giving NCB to both policy holder and named drivers.

The inevitable snag is that named driver NCB is generally only recognised by the insurer that gives it so you are tied the them although once the named driver takes out their own policy the NCB normally get converted to "proper" NCB so the tie in is only a year.

I suppose the other alternative is to alternate who is the policy holder, that way you both build real NCB but only half as fast as normal

Really depends on when you envisage getting a car each

idragon_2

Lord_Baltimore wrote: »

Doubt it. If there were ten of you driving that car, would you expect everyone to get a no claims discount?

Actually yeah I would expect that. We both pay about the same amount of money for our insurance but he doesn't get no claims bonus since hes the second driver. I'm only asking because I saw that Admiral do something something like that.

Named drivers earn an Admiral No Claims Discount
Any named driver, not just the main driver, earns a No Claims Discount with Admiral. Named driver No Claims Discount can only be used with Admiral policies.

I was just wondering if there were any other insurers that do something similar.

vaio wrote: »

a few advertise as giving NCB to both policy holder and named drivers.

The inevitable snag is that named driver NCB is generally only recognised by the insurer that gives it so you are tied the them although once the named driver takes out their own policy the NCB normally get converted to "proper" NCB so the tie in is only a year.

I suppose the other alternative is to alternate who is the policy holder, that way you both build real NCB but only half as fast as normal

Really depends on when you envisage getting a car each

I already thought about alternating who is the policy holder, I was under the impression that the owner of the car can only be the policy holder. We're both students so I don't think we will be getting another car anytime soon.

InsideInsurance

vaio wrote: »

normally get converted to "proper" NCB so the tie in is only a year.

The DLG certainly used to tie you in for longer, if I remember correctly all of their ND NCD would sit above your real NCD and only when you max out (5 years) does the ND NCD start converting to real NCD and then only one year at a time.

So if you had 3 years ND NCD and took a policy out in your own name, after the first year you'd have 1 year NCD and 3 years NDNCD, after year two its 2 years NCD and 3 years NDNCD, year 3 is 3 years NCD and 2 years NDNCD etc

For their own discounts they sum the two values but only the real NCD is transferable.

Of cause others may do it differently.

To the OP - the DLG stable of brands (Direct Line, Churchill, Privilege) all offer ND NCD. I seem to recall Coop do too but not 100% certain