Is it worth protecting home insurance NCD?

annieops

Hi,
I have recently been shopping around for home insurance quotes and found the Halifax the cheapest by quite a lot. Excellent level of cover BUT they don't offer the option to protect your NCD. The agent I spoke to said it is because all insurance companies ask when your last claim was anyway and base the premium on that. I have to admit that when I was ringing around or searching online no companies asked "what NCD do you have" they all asked if I'd had a claim in the last 3 or 5 years.
So I am wondering if the protected NCD is worth having or not.
All advice and views welcome please.

Quentin

"NCD" on home insurance isn't universal by any means.

The Halifax are correct, your claims history is always asked for.

NCD is a marketing tool few home insurers use, and ties you to them if you want to keep it, as it isn't generally transferable

annieops

Thanks for your quick response Quentin. I have been thinking about it for hours and could see what Halifax were saying but thought "surely it can't be a ruse to just make money really - can it?" Perhaps it is (nearly) and I have been duped in the past as I'm used to protecting it on my car insurance - I assume from what you've said it is transferrable for motor?

Quentin

Yes - motor insurance "proper" NCD is transferable between companies (proper = NCD awarded to the policyholder, not "named driver NCD" which can normally only be used by the named driver with the same company)