Moving 2 weeks before insurance renewal

uberjason

Hello.

My car insurance renewal is 14th May. I am moving flat on the 3rd May. Because I want to avoid the £20 address change fee on my current policy, I was just going to get a new policy starting on the 3rd, 11 days early. 

My question is, am I claim my extra year NCD at this point given technically it won't have been given yet? I'm going to be a 2 years and it does make difference in price from 1 to 2.

Or am I missing something easy that solves my issue?

Appreciate any feedback!

Bigwheels1111

Just pay the £20, not worth the hassle.

SpudGunPaul

uberjason said:

Hello.

My car insurance renewal is 14th May. I am moving flat on the 3rd May. Because I want to avoid the £20 address change fee on my current policy, I was just going to get a new policy starting on the 3rd, 11 days early. 

My question is, am I claim my extra year NCD at this point given technically it won't have been given yet? I'm going to be a 2 years and it does make difference in price from 1 to 2.

Or am I missing something easy that solves my issue?

Appreciate any feedback!

You won't get the extra year by renewing early.

How do you propose to save the address change fee by renewing early? Commit fraud?

uberjason

SpudGunPaul said:

uberjason said:

Hello.

My car insurance renewal is 14th May. I am moving flat on the 3rd May. Because I want to avoid the £20 address change fee on my current policy, I was just going to get a new policy starting on the 3rd, 11 days early. 

My question is, am I claim my extra year NCD at this point given technically it won't have been given yet? I'm going to be a 2 years and it does make difference in price from 1 to 2.

Or am I missing something easy that solves my issue?

Appreciate any feedback!

You won't get the extra year by renewing early.

How do you propose to save the address change fee by renewing early? Commit fraud?

When I was just planning to start a new policy at the new address 11 days early. And say I have 2 years NCD because I basically do, then I would have a NCD certificate to show within 14 days as required.

cymruchris

uberjason said:

SpudGunPaul said:

uberjason said:

Hello.

My car insurance renewal is 14th May. I am moving flat on the 3rd May. Because I want to avoid the £20 address change fee on my current policy, I was just going to get a new policy starting on the 3rd, 11 days early. 

My question is, am I claim my extra year NCD at this point given technically it won't have been given yet? I'm going to be a 2 years and it does make difference in price from 1 to 2.

Or am I missing something easy that solves my issue?

Appreciate any feedback!

You won't get the extra year by renewing early.

How do you propose to save the address change fee by renewing early? Commit fraud?

When I was just planning to start a new policy at the new address 11 days early. And say I have 2 years NCD because I basically do, then I would have a NCD certificate to show within 14 days as required.

At the time of taking out the policy though, you basically don't. (have 2 years NCD).

SpudGunPaul

cymruchris said:

uberjason said:

SpudGunPaul said:

uberjason said:

Hello.

My car insurance renewal is 14th May. I am moving flat on the 3rd May. Because I want to avoid the £20 address change fee on my current policy, I was just going to get a new policy starting on the 3rd, 11 days early. 

My question is, am I claim my extra year NCD at this point given technically it won't have been given yet? I'm going to be a 2 years and it does make difference in price from 1 to 2.

Or am I missing something easy that solves my issue?

Appreciate any feedback!

You won't get the extra year by renewing early.

How do you propose to save the address change fee by renewing early? Commit fraud?

When I was just planning to start a new policy at the new address 11 days early. And say I have 2 years NCD because I basically do, then I would have a NCD certificate to show within 14 days as required.

At the time of taking out the policy though, you basically don't. (have 2 years NCD).

They're also planning on making a false declaration to obtain the policy as they don't live at the address. 

SpudGunPaul

uberjason said:

SpudGunPaul said:

uberjason said:

Hello.

My car insurance renewal is 14th May. I am moving flat on the 3rd May. Because I want to avoid the £20 address change fee on my current policy, I was just going to get a new policy starting on the 3rd, 11 days early. 

My question is, am I claim my extra year NCD at this point given technically it won't have been given yet? I'm going to be a 2 years and it does make difference in price from 1 to 2.

Or am I missing something easy that solves my issue?

Appreciate any feedback!

You won't get the extra year by renewing early.

How do you propose to save the address change fee by renewing early? Commit fraud?

When I was just planning to start a new policy at the new address 11 days early. And say I have 2 years NCD because I basically do, then I would have a NCD certificate to show within 14 days as required.

So the simple answer to committing fraud is yes. 

Scot_39

uberjason said:

Hello.

My car insurance renewal is 14th May. I am moving flat on the 3rd May. Because I want to avoid the £20 address change fee on my current policy, I was just going to get a new policy starting on the 3rd, 11 days early. 

My question is, am I claim my extra year NCD at this point given technically it won't have been given yet? I'm going to be a 2 years and it does make difference in price from 1 to 2.

Or am I missing something easy that solves my issue?

Appreciate any feedback!

As a general rule cannot have the same car covered by 2 insurance policies at the same time - technically not even for 1m - let alone 2 weeks.

One would have to be cancelled early - and then wouldn't accrue the 2nd year NCD on it.  That may actually have an early cancellation fee greater than the £20.

It's not even generally strictly acceptable on renewals day - if policy start times differ (their mainly standard, but years ago had a noon to midnight issue  - had to check which day to start new cover) - but many will allow on day - but only that day - or extend cover for extra few hours.

Ironically it was with 2 insurers under same parent ownership.

You don't have 2 years until the end of the 2 years.  You can renew on the presumption of keeping it until the anniversary date - but not on any date before.

You would be taking the new policy out at wrong address - even if just moving a few hundred yards, few streets away - that can change policy premium.  Insuring the vehicle at the wrong address would invalidate insurance policy - either the kept address / location / type of parking or home address.

And place you at risk being black listed - so never being insured again - for car, home - as arguably would be a form of insurance fraud.

You could try to give mismatched kept address and new address but suspect that would in fact be fraudulent declaration as above as don't actually live there - but even if could -  chances are that would command a greater premium too - and a potential reqoute/ premium change and policy change fee - after you move.

In other words- take the £20 hit - its the simplest and safest solution.

The full 2nd year ncd you would then actually attain, likely to save you far far more these days.

facade

Scot_39 said:

<snip>

As a general rule cannot have the same car covered by 2 insurance policies at the same time - technically not even for 1m - let alone 2 weeks.
<snip>

Yes you can.

What you can't do is claim the full payout from both at the same time (and double your payout).

If an incident were covered by two policies, then they would split the liability.

People can and do take out an additional policy to cover their temporary use of a relative's car for instance.

DullGreyGuy

uberjason said:

Hello.

My car insurance renewal is 14th May. I am moving flat on the 3rd May. Because I want to avoid the £20 address change fee on my current policy, I was just going to get a new policy starting on the 3rd, 11 days early. 

My question is, am I claim my extra year NCD at this point given technically it won't have been given yet? I'm going to be a 2 years and it does make difference in price from 1 to 2.

Or am I missing something easy that solves my issue?

Appreciate any feedback!

An NCD can only be used on one policy at a time and so if you want to buy a new policy whilst the NCD is still in use on the other policy you have to declare you have 0 NCD.

If your current insurer were to run checks, unlikely unless you have a claim, then they could void your policy for intentionally failing to inform them of the change of address which will be declarable for life. 

Easy solution is either 1) Pay the £20 or 2) delay your moving date

Scot_39 said:
As a general rule cannot have the same car covered by 2 insurance policies at the same time - technically not even for 1m - let alone 2 weeks.

Not true at all, in fact there are policies explicitly marketed to be a second policy on the same vehicle... eg for learner drivers or part time couriers

facade said:
If an incident were covered by two policies, then they would split the liability.

What would happen will depend on the explicit terms of both policies, most commonly they'd split the claim but there can be times where one and not the other responds. 

There can also be complexities on how the claim is split if, for example, policy 1 gave £100 of personal effect cover but the other gave £1,000 of cover and the policyholder says their laptop was on the passenger seat when they had the accident and it was damaged beyond repair.

Scot_39

facade said:

Scot_39 said:

<snip>

As a general rule cannot have the same car covered by 2 insurance policies at the same time - technically not even for 1m - let alone 2 weeks.
<snip>

Yes you can.

What you can't do is claim the full payout from both at the same time (and double your payout).

If an incident were covered by two policies, then they would split the liability.

People can and do take out an additional policy to cover their temporary use of a relative's car for instance.

Ok You might be able to do it.

But adding additional temporary cover for yourself on another car or someone else doing so to drive yours is definitely NOT the same as OP insuring self for the same car with 2 insurers at once on standard policy terms.

I had issues with one major uk insurer re 12 hrs on renewal day many years ago.  Or at least the call centre operator - who said he couldn't offer me a solution for 12hours on the day.  Wouldnt allow the 12 hr overlap, against their rules, would have to cancel other.  They didn't get my business despite price savings as a result.

Others were happier to - some were surprised to be asked - but others said yes - it can be issue - but allowed specifically only on that one day - without complications / costs..

I hadnt even noticed the problem of time of day mismatch before then - just went on date.


The point you make about the ncd only applying to one is very valid - I forgot to add that. 

Possibly part of the issue I had, it's a while back now.


For £20 it's really just not worth it.