Car insurance

ANewEra

I wonder if someone can help me with my question, and if so, many thanks in advance.
Currently we have our car insurance with Tesco - I'm the named driver and my husband the main. We couldn't do it in my name because they won't have a policy holder who has been declared bankrupt. So anyway, it was ok with me being the named driver - until now, as my 10yrs NCD has been on hold for 2 years and unless we put the insurance in my name for a year or two I will lose it. (have done some quotes with me with 0 NCD and it makes it about 250 more!!) So the question is, which companies are OK insuring a bankrupt person? - I was delcared BK in Dec 2008 and had early discharge in June 2009. I know simple answer would be who was I insured with prior to 2 years ago - 1) can't actually remember, and 2) I'll be honest I didn't read the whole policy wording so may well have been not covered anyway becasuse didn't realise BK was an issue. The only reason I know now is it's on Tesco's first page and won't actually let you get a quote without reading it.
Have looked at a few, but their policy documents are 40+ pages long, and I hoped a large percentage of people on here have car insurance and would be able to point me in the right direction!

wildheart83

I'm currently with esure and it's not a problem. I pay monthly and went BR in Aug 2010.
Previously I was with Dial Direct and again it wasn't an issue to pay monthly.

Incidentally it's not always clear whether the insurance company use a third party finance company, and whether they accept BRs. I took out Asda insurance, nothing in their T&Cs but the company they used to provide the credit wouldn't allow and defaults/ccjs/BR etc within 6 years

ANewEra

We pay for ours upfront, so I don't even see why it's a problem. Maybe with regards to using different underwriters etc and it not being clear, perhaps I ought to phone them up and ask them? Makes it long winded though.
Last year my husband was involved in an accident, one of those set up things for insurance claims, (as it happens the guy was caught and imprissoned, we got our excess back and it's not considered my husbands fault - even though he hit him up the rear) but I am really wary of our insurance not being valid with this BK issue.

[simon]

as my 10yrs NCD has been on hold for 2 years and unless we put the insurance in my name for a year or two I will lose it.

How do you know this info ???

I know simple answer would be who was I insured with prior to 2 years ago - 1) can't actually remember,

If another company takes you on - If you don't know who you was insured with previously how are you going to prove your NCD ??

TheGardener

I had no problem getting quotes that were no different to non BR's (and I am still undischarged) - but I couldn't get instalments - only pay up front. Currently with Hastings. No point using a comparison website as they are too lazy too check and apply a blanket 'ever been BR' clause. Just go direct to an insurer and tell them you are/have been BR

ANewEra

Simon, when you leave an insurance company you can ask for a copy of your NCD but you can only have it 'on hold' for 2 years, so if you don't re-insure in the 2 years you would lose it, and revert back to 0 years.

I did do a quick comparison and Hastings came up lowest - so might be worth giving them a ring then. Thanks for the info!

banksshouldworry

I was with Hastings and they do have a 2 year timeframe after which you lose your NCD.

However, someone told me that there are some insurance companies that have a 3 year timeframe. I just dont know which companies they are but its worth checking out.

banksshouldworry

Nebulous2

3 year time frame usually requires you going back to the same company. Direct Line did it for me, when I came back from having a company car.

ANewEra

Having found my proof of NCD now, I was with Admiral beforehand. So might haver to check their t+c's carefully this time! Or give Hastings a call as they did come up reasonably well on the comparison site. Thanks everyone.