Policyholder and main driver. Who earns the NCD ?

johnny_c

I am currently the policyholder and named Driver , but can select who accrues the NCD. Currently I am accruing it even though I am named driver.

However this company is now quoting too much for renewal. FYI it's Churchill. 

The new company I was going to select, does not allow the named driver to accrue the NCD. 

Does anyone know of any other insurance other than Churchill that lets you select which driver is accruing the NCD? 

DullGreyGuy

How can you be the policyholder and named driver? That would mean you are on the policy twice.

For most companies the NCD is accrued by the Policyholder, Direct Line Group (inc Churchill) used to have the PH accrue NCD and named drivers accrued NDNCD which isnt the same as normal NCD and most other insurers wouldnt accept it 

Looking at their site now, if you declare a ND is the main driver rather than the PH you get the choice between that ND and the PH to contribute and own the NCD. 

If you want to be the one getting the NCD why not just set them as the PH?

johnny_c

DullGreyGuy said:

How can you be the policyholder and named driver? That would mean you are on the policy twice.

For most companies the NCD is accrued by the Policyholder, Direct Line Group (inc Churchill) used to have the PH accrue NCD and named drivers accrued NDNCD which isnt the same as normal NCD and most other insurers wouldnt accept it 

Looking at their site now, if you declare a ND is the main driver rather than the PH you get the choice between that ND and the PH to contribute and own the NCD. 

If you want to be the one getting the NCD why not just set them as the PH?

When you take out insurance it asks :

Who is the registered owner = me.
Who is the policyholder= me.
Are there additional driver = yes my partner
Who is the Main Driver= my partner.

So i own the car , take out the policy but state I am not the main driver. 

johnny_c

To cut a long story short,  I want to use my NCD to get a quote , declare myself as named driver and accrue NCD.  

I don't car who is PH so long as the above is permissable.

Who allows that ? It seems Churchill are currently allowing me to do this, but their renewal price is sky high.

jimjames

If policy is in your name then in most cases you will be the one accruing NCD

johnny_c

jimjames said:

If policy is in your name then in most cases you will be the one accruing NCD

Hi Jimjames . Dial direct stated that it will be the  main driver accruing the NCD, even if they are not the policyholder....   This means that going forward, i will lose the benefit of my 9+ yrs NCD because I'm not the main driver.

johnny_c

With what company can I keep accruing NCD as a named driver? If  only Churchill hadn't hiked the premium by 135£ I wouldn't be in this situation.

DullGreyGuy

johnny_c said:

jimjames said:

If policy is in your name then in most cases you will be the one accruing NCD

Hi Jimjames . Dial direct stated that it will be the  main driver accruing the NCD, even if they are not the policyholder....   This means that going forward, i will lose the benefit of my 9+ yrs NCD because I'm not the main driver.

Many who take this approach also require that the Main Driver is the provider of the NCD

Get quotes with you being the policyholder and them being the named driver. Set them as the main driver. Go down in order of preference and check when the main driver isnt the policyholder who can provide the NCD at the start and who benefits from the NCD at the end.