No claims discount/bonus

Learner698

I know that most insurance companies dont like to insure two cars utilising the same no claims discount and I also know that there are a few who will accept that I may own two cars and should get the benefit of my careful driving.
My question is, what does the law say on the matter? If one insurance company allows me to use the same no claims for two cars, it cannot be illegal. So it is therefore just the choice of the other insurance companies to extract as much of my money as they can.
If I have two cars with the same start and end date for insurance, I should be able to either bundle them onto one policy as they all suggest or split them onto two policies, potentially with two companies, utilising the no claims for both cars in both scenarios.
Can anyone confirm that there is no law preventing me from using no claims for multiple cars.

chrisw

There is no law preventing you from using no claims for multiple cars. There is no law saying they have to give you any no claims discount at all.

It's purely a commercial decision.

bigadaj

And you may of course be breaching the terms of your insurance meaning that you won't be covered.

jimjames

Learner698 wrote: »

Can anyone confirm that there is no law preventing me from using no claims for multiple cars.

Fraud? Misrepresentation?

Quentin

When you "claim" your NCD when buying a new policy most companies ask how you earned it and on what vehicle.

Thus your wheeze won't work.

Multi car policies still operate separate NCD for each car covered.

You need to see if you can find an insurer prepared to mirror your existing NCD on a second car if you can

foxy-stoat

Quentin wrote: »

When you "claim" your NCD when buying a new policy most companies ask how you earned it and on what vehicle.

Thus your wheeze won't work.

Multi car policies still operate separate NCD for each car covered.

You need to see if you can find an insurer prepared to mirror your existing NCD on a second car if you can

I had 2 cars for a few years with 2 lots of NCD, now only 1 so I alternate them, always get asked why the gap in cover but simple explaination and they accept it, always use different insurers at renewal....on the plus side I have more than enough Meerkats now!

If you want to wangle yourself another NCD I would insure both cars using the one NCD, then cancel one of them a few months in, then use the NCD that company sends you for the next policy. Do this a few times and its as good as valid, or very unreasonable to ask you to justify from when you started it - unless you drive into a bus load of nuns transporting children and the loss adjuster wants to investigate you fully.

Quentin

foxy-stoat wrote: »

If you want to wangle yourself another NCD I would insure both cars using the one NCD, then cancel one of them a few months in, then use the NCD that company sends you for the next policy. Do this a few times and its as good as valid, or very unreasonable to ask you to justify from when you started it - unless you drive into a bus load of nuns transporting children and the loss adjuster wants to investigate you fully.

This wheeze involves you making a false fraudulent application for insurance. As posted you cannot use NCD on 2 different policies, and are asked about how the ncd was earned!

When that deliberate attempt to get a cheaper deal is found out then expect the policy to be cancelled with all the problems that will involve over trying to get any cover in future

kmb500

Who cares if you lie on your insurance policy, as long as you don't make a claim it doesn't matter. Also some things there is no way they can check (e.g. you should put your mileage as low as possible as they cannot ever prove it)

Car_54

kmb500 wrote: »

Who cares if you lie on your insurance policy, as long as you don't make a claim it doesn't matter. Also some things there is no way they can check (e.g. you should put your mileage as low as possible as they cannot ever prove it)

Who cares? - well, the insurers for a start, and the criminal justice system takes a dim view of fraud.

Does it matter? - if you obtain a lower premium by lying, then ultimately the honest customers have to pay more.

BTW if you're thinking of lying about your mileage, it has been reported that lower mileages sometimes increase premiums!

kmb500

Car_54 wrote: »

Who cares? - well, the insurers for a start, and the criminal justice system takes a dim view of fraud.

Does it matter? - if you obtain a lower premium by lying, then ultimately the honest customers have to pay more.

BTW if you're thinking of lying about your mileage, it has been reported that lower mileages sometimes increase premiums!

I just keep dropping the mileage and refreshing the quote, see what it does. After all - how am I to know how many miles I'll do in the following year?


And I don't buy for one second that me getting a lower premium ups everyone else's. These money-grabbing scam artists will charge people as much as people are willing to hand over.

System

kmb500 wrote: »

Who cares if you lie on your insurance policy, as long as you don't make a claim it doesn't matter. Also some things there is no way they can check (e.g. you should put your mileage as low as possible as they cannot ever prove it)

Clearly never heard of the Motor Insurance Database which all insurance companies, the police and DVLA have access to where insurance companies share information such as NCD, claims, odometer readings where asked. Your mileage can be easily got from the DVLA database if your car is required to have a MOT. http://www.telegraph.co.uk/finance/personalfinance/insurance/motorinsurance/11803437/Driver-database-helps-uncover-212000-car-insurance-lies.html

And if you do make fraudulent statements to get cheaper insurance you're committing fraud which is a proper go to court and go to prison punishable offence.