Insuring a second car

JustAnotherSaver

I've only ever had one car so have never had need to look in to this.

Let's say i have a car ... Car #1 & the insurance costs me say £300 per year.
Now let's say i want to buy another car ... Car #2. If i take out a new policy on that, be it with the same or different insurer, that'll cost me say £400 per year, but obviously there'll be 0 NCDs on that policy as all my NCDs will be tied to the policy Car #1 is on.

Q1:
Is it possible to get Car #2 put on the same policy as Car #1 - so that there are basically 2 different cars on the exact same policy? And therefore both cars covered by my NCDs?

Q2:
If the above is possible then as i say Car #1 = £300, Car #2 = £400 on individual policies. For anyone who has done this - then from your own personal experience, how did the quote for them both on the same policy compare? Did the policy or would you expect the policy to jump from £300 to £700 or with them both being on the same policy was there a bit of a discount so that the total was (for example) £500-£600?



Just running ideas around & wanted some info.

AndyMc.....

Look at a multi car policy.

facade

Some companies, esure are one, will mirror the NCD from car #1 onto car #2, so you don't have to start with zero on the second car.

JustAnotherSaver

AndyMc..... wrote: »

Look at a multi car policy.

I know Admiral do multi car but what if the insurers you're with don't offer 'multi-car'? Is it not possible to get a second car put on your existing policy?


On the topic of 'multi-car' i actually had one of these some time ago. Maybe 10 years or more now, i can't quite remember. I took out a policy & my now wife had her car as the other car.
It turned out though that she couldn't earn any no claims as it was just 'the other car' basically.
I thought what a load of rubbish, how pointless it was having her being unable to build her no claims, so we went with individual policies the year after that (which was also cheaper too!!).

Ant555

I didn;t like the idea of multi car - no rational reason and I am sure it suits many people so i'm not knocking the principle, my impression is that it would be less flexible for me at renewal time. My two policies expire 6 months apart so it suits me fine to have separate with regards to payment.


When I bought my 2nd car I hit the comparison web sites and noted the best quotes with zero NCD.

I then rang the companies involved and explained that I knew I could not use the NCD on two cars but were they prepared to take a driving history of 9 years documented NCD into account and offer any kind of discount at all bearing in mind the second car was not main car and therefore would do less than 5000 miles pa.

They did not give me a specific figure of "we can offer you 2 years..." etc but they certainly did reduce the quoted premium on the phone. I noted the persons name, time of call etc and asked them to confirm that they understood I was not claiming NCD on a second car and that the new price was simply their premium and I bought there and then with one of the companies as it was a good deal for me.
Paperwork showed zero NCD when it arrived so all above board.

My advice would be to get some quotes then call them up and speak to someone

hope this helps

marlot

I've had multicar policies for several years. Each car has it's own NCD. I own two and my wife owns one - the NCD stays in each of our names.

Some years it's been cheaper to separate them out, so I've done that when needed.

Hoof_Hearted

facade wrote: »

Some companies, esure are one, will mirror the NCD from car #1 onto car #2, so you don't have to start with zero on the second car.

LV also do this.

marlot

Hoof_Hearted wrote: »

LV also do this.

And Aviva, though they tied me in for two years.

If I left after a year, the second car would show 1 year NCD.
If I left after two, it would be the full NCD.

I thought that was pretty fair.

iolanthe07

I had no trouble getting full NCD when I bought a second car on a different policy with the start dates months apart. If you haven't made a claim then you're entitled to the discount.

dauphin

iolanthe07 wrote: »

I had no trouble getting full NCD when I bought a second car on a different policy with the start dates months apart. If you haven't made a claim then you're entitled to the discount.

That's not right. An NCD can normally only be used on one vehicle at a time. It can only be used on a second vehicle with the insurance company's knowledge and consent. A few may agree to that; most will not.

Some insurance companies want proof of NCD when you take out the policy, others do not require it at that stage, so merely because somebody successfully claims an NCD when arranging cover does not mean that the insurance company has accepted its validity.

If an NCD is claimed incorrectly, whether by intent or misunderstanding of the rules, the insured will certainly have to repay the discount if/when the insurer finds out, and in certain circumstances the policy could be cancelled or voided.

Ant555

dauphin wrote: »

That's not right. An NCD can normally only be used on one vehicle at a time. It can only be used on a second vehicle with the insurance company's knowledge and consent. A few may agree to that; most will not.
.

That is my understanding too, however, all you probably need to be able to do is get away with it for one year - at that point you will have two separate sets of paperwork 'proof' from separate policies showing x years with no claims.