Insurance no claims relationships

Alenka81

Hi all
Hope someone has a bit of experience in this topic and can maybe advise...
I have a motorcycle, car and van insurance. When talking about no claims bonus, these don't seem to relate, i.e.my 13 years of no claims on the car doesn't apply to my motorcycle insurance, however they apply any claims on the car to calculate my premium. Now is this doesn't sit right with me and I feel ripped off. 
Any ideas anyone please?

neilmcl

That's simply just the way it is and always been.

nottsphil

neilmcl said:

That's simply just the way it is and always been.

That comment neither explains it nor justifies it. 

DUTR

nottsphil said:

neilmcl said:

That's simply just the way it is and always been.

That comment neither explains it nor justifies it. 

But it is true and valid, no I don't think the OP is being ripped off.

Car_54

nottsphil said:

neilmcl said:

That's simply just the way it is and always been.

That comment neither explains it nor justifies it. 

OK, let's try again. You can only use your NCD on one vehicle at a time.

On the other hand, any accidents you've had are relevant whatever you're driving or riding.

nottsphil

Car_54 said:

nottsphil said:

neilmcl said:

That's simply just the way it is and always been.

That comment neither explains it nor justifies it. 

OK, let's try again. You can only use your NCD on one vehicle at a time.

On the other hand, any accidents you've had are relevant whatever you're driving or riding.

That precisely describes the anomaly about which the OP complains. 

tr7phil

You can of course have a separate no claims discount on any number of vehicles.  An accident in one of the vehicles will only affect that vehicle's no claims discount but the accident will affect the price of the other vehicles' cover simply because the largest part of the insured risk is the driver and the driver has now had an accident.

Car_54

nottsphil said:

Car_54 said:

nottsphil said:

neilmcl said:

That's simply just the way it is and always been.

That comment neither explains it nor justifies it. 

OK, let's try again. You can only use your NCD on one vehicle at a time.

On the other hand, any accidents you've had are relevant whatever you're driving or riding.

That precisely describes the anomaly about which the OP complains. 

It's not an anomaly. A driver's accident record is used to assess risk, and his propensity to have accidents does not suddenly disappear simply by changing vehicles.

NCD is earned by avoiding claims and paying a premium for x years. Pay two premiums, get two NCDs, and so on.

Mickey666

Alenka81 said:

Hi all
Hope someone has a bit of experience in this topic and can maybe advise...
I have a motorcycle, car and van insurance. When talking about no claims bonus, these don't seem to relate, i.e.my 13 years of no claims on the car doesn't apply to my motorcycle insurance, however they apply any claims on the car to calculate my premium. Now is this doesn't sit right with me and I feel ripped off. 
Any ideas anyone please?

It doesn’t sit right with me either, though I know this is how NCD works.
I’ve never heard any justification that seems fair and reasonable for this rule.  After all a CAR cannot accrue NCD, it is all down to the DRIVER, so who cares what vehicle the driver is driving (as long as they are insured for it, obviously).
Yet, while insurance companies disallow a driver-based NCD, they are quick to recognise driver-based accident claims, even in cases of no-fault accidents.  Of course, NCD can be protected but that costs extra as well.
So, I can wholeheartedly understand the OP feeling being ripped off, even though it’s standard industry practice.

Sandtree

You have 2.5 separate concepts....

1) Claims history -  what it says on the tin, pure and simple is any claims (or incidents) in relation to a motor vehicle where you were the driver or policyholder. Its the simplest concept and is universal.

1.5) Insurance history - simply how many continuous years you have held insurance for... not a common question on Motor but fairly common on Home where NCD is a less developed concept.

2) NCD/NCB - is an artificial construct and exact rules vary between insurance companies. Some are fully transferable and others are designed to be hard to transfer. This in theory could be seen as a combination of claims history and insurance history but its not as it is complicated with factors like Protected NCD and Fault -v- Non-fault claims.

Think of NCD as a discount card or a physical thing... you can only give it to one policy at a time and some insurers will only accept it if its for the same vehicle class (car, van, bike) whereas others will accept cross class. Its increase/decrease is linked purely to the policy on which it is currently being used so a claim on another policy wont decrease the others.

Get a second vehicle for the first time? Your NCD is already on another policy so you have to start a new one. Similarly decide to go back down to one vehicle and there is no way to combine the two together or handing over both to the next insurer.

Were the discount not so substantial or if the majority of people didnt have 4+ years I would be much keener on the NCB name as its a "bonus".

neilmcl

nottsphil said:

neilmcl said:

That's simply just the way it is and always been.

That comment neither explains it nor justifies it. 

It doesn't need to be justified, it's just the way things are and nothing is likely to change.