new car, new insurance, previous NCD ?

xthe_sanjx

Hi,
i'm hoping someone can help me. Last month I got a new new car and sold my previous car a week after. The old car's insurance had 11 years protected NCD on it.
A few months ago I had an accident in the old car and the old insurance company declared it a total loss but i said i'd pay for it to be repaired privately at a third of the price of the old insurance companies quote. I sold that car privately for peanuts after i got my new car last month.
For the new new car i took out a new car insurance policy and stated i had 11 years NCD. They've asked for proof of this. My first question is do I still have my 11 years protected NCD even though i've a new car now ? if so, the policy showing this is for my previous car, not my current new one, so i'm not sure what to do ? please can someone help as i need to let my new insurer know before 4th Nov of proof of this 11 years NCD.

DUTR

So did you claim on the policy?
At best you may have the NCD but a declarable incident which may offset what you are trying to save.

forgotmyname

Did you cancel the old policy?

GrumpyDil

Contact the previous insurer and ask them to confirm and provide proof of your NCD

just_trying

I'm guessing you still have a claim/accident so no longer have that amount of no claims, there's been a accident. You were going to claim so it's recorded. Did you have it protected ? Guessing not.

paddedjohn

just_trying wrote: »

I'm guessing you still have a claim/accident so no longer have that amount of no claims, there's been a accident. You were going to claim so it's recorded. Did you have it protected ? Guessing not.

Why guess when the answer is there in the op?

IamNotAllowedToUseMyName

With protected no claims, you would have been knocked back to a lesser number of years, so for example, if you have 5 years PNCB you might be knocked back to 3 years unprotected NCB - depends on the wording of your policy. Typically beyond a certain number of years they stop counting, so 11 years might go down to 3.

Of course, as you have not claimed, you have not broken that PNCB. However, as other posters have said, you must declare the accident, and as part of your original quote you might have answered a question about accidents untruthfully - for example, if you used comparethemarket.com, how did you answer this question?

"Have you had any motor accidents, claims or losses in the past 5 years, no matter who was at fault or if a claim was made?"

If you answered that NO, then I suggest you immediately get in touch with your new insurers and fess up that you misunderstood the question because otherwise you might find yourself uninsured and with a cancelled policy against your name as you have lied on your application.

System

IanMSpencer wrote: »

With protected no claims, you would have been knocked back to a lesser number of years, so for example, if you have 5 years PNCB you might be knocked back to 3 years unprotected NCB - depends on the wording of your policy.

I think you meant to say "Without protected no claims"?

IamNotAllowedToUseMyName

Tarambor wrote: »

I think you meant to say "Without protected no claims"?

Yes, though probably not very clear as I was thinking about the whole scheme rather than the first incident. Different insurers seem to have different systems and it depends how many claims you can make within a period and how they account behind the scenes and how they view the amount of NCD you have accrued. Basically, they are trying to balance the income from the benefit of the PNCD against the future cost if they lose their bet. The principle is quite simple: you've earned your opportunity so if you've not had an accident in 5 years then there is a good chance that you are going to continue in the same way. There are two different elements - the years of NCD they treat you as having - which does always not go back to zero after a claim, and the number of claims you can make before losing your protection. So with Direct Line, you get one claim and do not get knocked back but the second claim you get knocked back. Essentially, their protection buys you one incident, then you get knocked back to 3 years NCD if you have 5 or more years. Direct Line only consider 12 months, others may consider 3 years

Main point is that you have to read your policy and understand what they are offering and what the rules are - different firms operate different schemes.