No claims discount

giddyuplj

Hi there
Hoping someone in-the-know can help... I haven't claimed on my car insurance since 2001 (when I was young and foolish!) so I should have 20 years no claims. However, I've just been looking at my online account with my current insurer and it says I have 12 years! I know when I've renewed in the past the option hasn't gone as high as I needed, it's just said 10+ no claims, so I think I've may be missed out because of this? I'm currently trying to backtrack with previous insurers to see where this happened. Does anyone have a better idea of how I go about this?
Thanks in advance

Jenni_D

Some insurers only allow up to 9 years, some maybe even less.

Ultimately there's no fundamental financial difference between 9 or 12 years NCD and 20 years, so you're worrying unnecessarily.  

giddyuplj

Thanks Jenni_D, I've been shopping around and for one of the sites it made a £30 difference but I suppose it's not the end of the world.

Jenni_D

£30 on what total? £30 on £300 is 10%; £30 on £600 is 5% saving. Regardless the insurer should be able to see your (lack of) claims history on the shared CUE database - asking for documented proof is just their way of trying to entice people with good offers and then bait/switch if you can't find relevant paperwork.

giddyuplj

Yes it was on the total on the Compare the Market website - with 20 years no claims the cheapest quote came in at £254 but with 12 years NCD it was £288.58. Next time I'll just put 21 years and see what happens!

Sandtree

giddyuplj said:

Yes it was on the total on the Compare the Market website - with 20 years no claims the cheapest quote came in at £254 but with 12 years NCD it was £288.58. Next time I'll just put 21 years and see what happens!

You could be seeing the impact of fraud prevention tools as either you have 20 or you have 12 and so insurers start loading premiums or declining to quote when you start changing things that are immutable