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Car Insurance after Theft (Total Loss)

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

Comments

  • Quentin
    Quentin Posts: 40,405 Forumite
    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
    Nebulous2 Posts: 5,720 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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
    Retrogamer Posts: 4,218 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    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.
    All your base are belong to us.
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