NCD on Car Insurance

[Deleted User]

I recently went on a comparison site to get some quotes for my car ins. Out of curiosity, I entered that I have no NCD (in actual fact, I have some 15 years with my current insurers with whom I been for the last 9 years.

Anyway, I was very surprised to find out that several quotes came out cheaper than my renewal premium. The cheapest one is £100 cheaper. So my question is, does NCD really make a difference to premiums or is it just a gimmick. Perhaps NCD only makes a difference once you have 4 years or more and have it protected.
Any comments please as I am completely baffled!!

Begsey

Chances are your renewal premium isn't very competitive. I've seen mines double sometimes.

lopsyfa

[quote=[Deleted User];discussion/5983555]I recently went on a comparison site to get some quotes for my car ins. Out of curiosity, I entered that I have no NCD (in actual fact, I have some 15 years with my current insurers with whom I been for the last 9 years.

Anyway, I was very surprised to find out that several quotes came out cheaper than my renewal premium. The cheapest one is £100 cheaper. So my question is, does NCD really make a difference to premiums or is it just a gimmick. Perhaps NCD only makes a difference once you have 4 years or more and have it protected.
Any comments please as I am completely baffled!![/QUOTE]

As mentioned above, you need to compare apples to apples i.e. compare the comparison site quotes with no NCD and 15 years (or maximum) NCD.