No Claims Discount 9+ years (Misrepresenting safe drivers data on a policy)

darkan9el

This is about the inconsistency of information from Insurers, and the request for No Claims Discount (NCD).
On multiple occasions I’ve had vehicle and house insurance and as part of the request for a quote they usually have a drop down option ending in 9+ years, this led me to believe that after 9 years the NCD is at it’s maximum and any further years after the 9 years are not considered, today I went to Admiral and got a quote from them after they were the cheapest on a compare site, the quote from admiral was approx £30 cheaper but as part of the quote their NCD option went up to 15+ years, which I'm pretty sure I have but now have the unenviable task of proving. My “soon to expire" vehicle policy States “Based on 9 years NCD” because 9 years was the only max option they supplied.

It annoys me, that, in an age where every detail about your life is microscopically scanned for policy get-outs or reasons to inflate insurance, one of the benefits we, the policy holder have to prove we are worthy of holding a policy and that we are a “safe bet" is inconsistently represented. NCD is NCD and that should NOT have a limit regardless of whether the maximum discount stops at 9 years.

If my policy states I have 9 years but I have selected 9+ years, isn’t that a misrepresentation of my information on the part of the insurance company? 

AdrianC

No, it isn't. Not unless they lied to you when you were taking the policy out.

Every insurer is free to set the maximum they recognise to whatever level they choose. Most are around 8-9, some as low as 6, some higher. They do that on coming in and they do it on leaving. If it's important to you, use it as one of your selection criteria as to who to give your business to.

And it makes virtually no difference anyway.
https://forums.moneysavingexpert.com/discussion/6094792/ncb-percentages