Multi-car insurance... beware!

Retired_of_Southport

Went for Multi-car insurance last year with Aviva and it was competitive as had a large discount for going Multi-car.


Received new quote for this year and came in at £431 (all figures rounded to nearest pound). Tried another couple of Multi-car insurers as nominated by MSE and one came in at £430 (must be using the same algorithms!) and one at £630...


Pondered this and thought maybe try doing the cars separately. Used a comparison site and came up eventually with deal for £382, saving £49.00. Plus two free meerkats for the grandchildren!


So, suggest if you have two or more cars, don't default to the Multi-car offers; look at insuring them separately.

mad_rich

Do make sure you're not using the same NCD on both policies. I've been caught out by this one before. You can only use one NCD with one insurer at a time.

Quentin

mad_rich wrote: »

Do make sure you're not using the same NCD on both policies. I've been caught out by this one before. You can only use one NCD with one insurer at a time.

With Aviva multicar policies each car earns its own separate NCD which you can then use on separate policies should you decide to give up on the multicar if/when it is no longer advantageous.

facade

mad_rich wrote: »

Do make sure you're not using the same NCD on both policies. I've been caught out by this one before. You can only use one NCD with one insurer at a time.

Esure want me to move The Other Car to them when it is up for renewal, and say they will mirror my 14years NCD onto The Other Car, both NCDs stay separate (a claim on one doesn't affect the other, until the policy is loaded at renewal), so I can go back to my present insurer the year after with 15 years NCD not the present 4.

I was thinking of moving as Although esure are a few pounds more, jumping to a full NCD then going back to Flux will save a lot next year.

Are they fibbing?

Quentin

They are offering a good deal (as far as the mirroring of your NCD), but don't expect them to give you 2 separate proofs of 2 separate NCD if you want to leave them at the end of the year.


If they do tell you that you will have 2 lots of 15 years NCD after a year then ask them to confirm it to you in writing before you buy the policy!

facade

Quentin wrote: »

They are offering a good deal (as far as the mirroring of your NCD), but don't expect them to give you 2 separate proofs of 2 separate NCD if you want to leave them at the end of the year.

I actually would want to leave them with The Other Car, as I could insure it cheaper elsewhere on a specialist policy if I had 15 years NCD on it not 4. I'd be happy to keep the original car on with them as they are about the same for a cooking motor as everybody else.

mad_rich

facade wrote: »

I can go back to my present insurer the year after with 15 years NCD not the present 4.

That does seem like a generous loophole, although not entirely unprecedented.

I had a 9 year NCD when my car was scrapped and I didn't replace it for several years. When I came to insure a car again, most insurers treated me as a new driver, but Adrian Flux were able to find me a policy that wold 'take into account' my expired NCD, then issue me with a certificate if I stayed with them for 2 years.

In the end, I didn't take out the policy so I don't know if it would have worked.