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Free Car Insurance with new car - Had Accident - What now for my no claims bonus?
melchior
Posts: 1 Newbie
I bought a new VW car in November 2016 and was offered free car insurance by VW which I took up. Unfortunately I had an accident which was my fault in February 2017.
Prior to November 2016 I had built up 9+ year NCB with other insurers.
In November 2017, I will have to buy new car insurance but don't know how I will be affected regarding my NCB. VW Insurance have never asked for proof of this in my free insurance but I have kept the NCB notice from my previous insurer when I ended their insurance in November 2016 prior to buying the new car.
My question is what steps can I take so that my NCB is not reset to 0 in November 2017 ?
Prior to November 2016 I had built up 9+ year NCB with other insurers.
In November 2017, I will have to buy new car insurance but don't know how I will be affected regarding my NCB. VW Insurance have never asked for proof of this in my free insurance but I have kept the NCB notice from my previous insurer when I ended their insurance in November 2016 prior to buying the new car.
My question is what steps can I take so that my NCB is not reset to 0 in November 2017 ?
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Comments
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Melchior, your 9 years NCB will still stand in Nov 2017 as you didn't claim under the policy the NCB related to. Your new insurers will factor in that you've had a fault claim but hopefully your maximum NCB entitlement will help keep the premium reasonable0
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If your ncb was protected then while your premium will go up the discount will reduce the impact. If it wasn't protected you may well find you are paying a lot more
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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