On how many cars/bikes can you use your no claims?

BeenThroughItAll

jimjames wrote: »

Same person that claims "fronting" is adding another named driver to a policy where they are clearly listed as not the main driver so probably take with a pinch of salt.

https://forums.moneysavingexpert.com/discussion/comment/70364712#Comment_70364712

Yep, seen that, and other incorrect assertions.

Did you know, they used to work in insurance (for a number of years), but they left recently 'due to childcare'?

motorguy

pogofish wrote: »

Not any more.

This was the root of my trouble with insurers quite recently - After being informed of a theft claim on my motorbike and clearly telling me it would not affect my car insurance renewal, my then insurers came back some time later accusing me of lying to them by not declaring the bike claim and voided my policy.

They then lied and weaselled-out of it by claiming they had "changed call centres" during the intervening period and had no record of being informed.

Although we eventually agreed on a no-claims period that was acceptable to both of us, it took several years before my premiums decreased from eviscerating to merely eye-watering again! :mad:

Thats not the same thing.

Your no claims discount is specific to one policy, however they can quite rightly weight your insurance against you if you've had a claim on another policy.

Thats why they ask you "any accidents, claims or convictions?"

From their perspective, if you're 5 insurance policies and had had two of your five vehicles stolen, you could see why the remaining policies could be seen as a higher risk

motorguy

BeenThroughItAll wrote: »

Clearly haven't had that much experience then, as it's quite common for bike insurers to allow car insurance NCB to be taken into account or mirrored for introductory discount.

"Mirrored" is the key word here.

Thats what some insurance companies will do. I've done it no problem recently getting full no claims mirrored on to our Clio 172.

MobileSaver

iainscomputer wrote: »

If lots of motorists owned more than one car, the insurance industry might cater for them in a different way.

They already do; multi-car policies.

My NCB is applied against all 5 of our cars and is no doubt a factor in why we're saving a small fortune with Admiral multi-car compared to insuring all our cars separately.

Quentin

MobileSaver wrote: »

They already do; multi-car policies.

My NCB is applied against all 5 of our cars and is no doubt a factor in why we're saving a small fortune with Admiral multi-car compared to insuring all our cars separately.

How did you manage that?


With admiral multicar the so called "saving" is made because they give a discount on the premium for adding more cars to the policy.


But each car is awarded its own separate NCD.

So if you have (say) 9 years on car 1, then add on 4 more they don't (normally) mirror 9 years NCD on the 4 others. They build up their own.


Thus one claim just impacts on the NCD for the car involved in the claim, and not all the others NCD


From Admiral's FAQ:

..Each driver on the MultiCar policy builds up their own No Claims Bonus....... If one driver on the policy makes a claim and loses some or all of their No Claims Bonus, it doesn't affect the other drivers - their No Claims Bonus stays the same

MobileSaver

Quentin wrote: »

With admiral multicar the so called "saving"

There's nothing "so called" about the saving, compared to individual policies we're hundreds of pounds better off per car when last checked.

Quentin wrote: »

But each car is awarded its own separate NCD.

The FAQ you quoted contradicts you; each driver gets their own the NCD.

Quentin

MobileSaver wrote: »

; each driver gets their own the NCD.

Were this the case, then it would mean that were you to be the only driver of your 5 cars then you would only get 1 NCD! The word "driver" must be a mistake in the article.


With multicar insurance, each car gets its own NCD, meaning that any claim will just impact on the NCD for the vehicle involved in the claim.


(And you can also move one or more cars to another insurer with their own NCD should you want to)


It's hard to believe that the 10% "saving" that admiral say adding cars to a policy making it multicar represents in excess of £200 per car!!

EdGasket

Admiral 'Multi-car' saving actually works out dearer than insuring the cars seperately with other insurers for me. Your NCB is certainly NOT applied to all cars; it is a different NCB for each car and has to be earned. For instance I have max NCB on one car and a couple of years on another. If 'MobileSaver' has his same one NCB applied to 5 cars then something is amiss; he either told Admiral he had max no-claims on all cars and they haven't yet checked or he has actually built up 5 NCB's concurrently.

EdGasket

MobileSaver wrote: »

There's nothing "so called" about the saving, compared to individual policies we're hundreds of pounds better off per car when last checked.



The FAQ you quoted contradicts you; each driver gets their own the NCD.

What that means is that under Admiral's multi-car policy, if I am nominated to receive the NCB on car 1, then my wife could start building up NCB on car 2. Alternatively both cars could have me as the recipeint of NCB but for car 2, if it were a new addition, I would have to start with zero NCB and build it up on THAT car as Quentin says.

insert_random_name_here

Coming back to bikes - I have three bikes insured on one policy with a single NCB.

As for cars, Admiral aren't the only one that do multi-car policies. This year we renewed my wife's two car policy with NFU Mutual rather than Admiral as it was much cheaper.