Car Insurance after Theft (Total Loss)

JackPridey

Hi All,

I recently had my car stolen and the car has not been recovered, as a result it was declared as a total loss. I have now replaced my car which is insured on my policy which I had taken out for my car which was stolen.

My renewal is due early next year and I am concerned about where I stand. I had 2 years ncb before I made my claim which I understand I will lose due to me not been able to protect it. I am currently 20 and I have been driving since 17. The quotations I have obtained online are obsurd to say the least after declaring the claim.

Is there anything I can do in this situation, as I feel like im being penalised for the theft which I am not at fault for.

Thanks

Jack

Quentin

You will have nil NCD at renewal (you haven't lost out because you didn't protect it, as you normally need to have amassed around 4 years before becoming eligible to pay for protected NCD)

Use the MSE article ("Quick Link" in red at the top of the page) on car insurance as a guide to shopping round for the best deal, but a higher premium is inevitable in view of losing all your NCD and none being awarded for this year.

Nebulous2

JackPridey wrote: »

Is there anything I can do in this situation, as I feel like im being penalised for the theft which I am not at fault for.

Thanks

Jack

Unfortunately it isn't a no-fault bonus. It's a no-claim bonus. Although it feels harsh that is how insurance works.

Retrogamer

JackPridey wrote: »

Hi All,
Is there anything I can do in this situation, as I feel like im being penalised for the theft which I am not at fault for.

Thanks

Jack

Get quotes from other insurers is about all you can do.
You're not being penalised for your car being stolen. You chose to make a claim after it was stolen and unfortunately once you do that, for whatever the reason is your premiums will rise.