What to do with insurance and NCD? (Second Car)

madhatter83

Ok so I just found out NCD cannot be used on two cars, My wife is currently learning how to drive, and I am teaching her (alongside her lessons with an instructor) in our Suzuki swift (my current car and the policy i have 8 years NCD with) This car will be transferring to her ownership when she passes her test.

I have just bought a second car for myself that costs more to insure, so I could do with those NCD on this new policy, but for the moment i need to run two comprehensive policy's.

If i change my current policy to 0 NCB, can I then use the 8 years I currently have with the new car? Anyone else been in a similar situation? I dont want to lose my current NCD when I end up canceling a policy due to going back too one car in my ownership.

MyRealNameToo

https://forums.moneysavingexpert.com/discussion/6682568/what-to-do-with-insurance-and-ncd-second-car

If they allow you to remove it then yes, certainly some insurers cant remove an NCD mid polict and so then it would be a case of having to pay to cancel the existing policy and buying new two policies… make sure you consider the cost of cancellation on if it still makes sense or not. A quick conversation with your encumbent insurer will tell you if they can remove it, if not then the cost of cancellation, if they can then what the premiums would go to with the NCD set to 0

Car_54

Replace car A with car B on your existing policy, then get a new policy for car A. Simples.

madhatter83

Thank you both will try that now.

MyRealNameToo

https://forums.moneysavingexpert.com/discussion/comment/82129651#Comment_82129651

Certainly worth checking that as an alternative… if its a materially different car though the current insurer may not be competitive on car B

Herzlos

You should also check and see if you can get a multi-car policy from whoever insures your current car. They may give you a better deal than 2 policies.

Arunmor

Your wife can get learners insurance with you as a named driver, that will be relatively cheap. The policy will cancel the minute she passes her test and then you arrange full insurance for her.

I used Collingwood for my daughter.

MyRealNameToo

https://forums.moneysavingexpert.com/discussion/comment/82130416#Comment_82130416

Learners insurance would typically be a top up policy and wouldnt allow a ND, it still requires the car to be fully insured for when the learner isnt driving.

Learners arent that expensive to insure, but teenagers are. Actually adding the Mrs as a learner driver to our group 50 car, as it was at the time, reduced our premiums by £5 rather than increasing it. That said, we did have more than one person take a photo of the car with its L plates on.

Arunmor

https://forums.moneysavingexpert.com/discussion/comment/82131774#Comment_82131774

The learner driver can take out a policy in their own name and have have one person as an additional driver or as in my case her instructor/father. Find a policy that suits.

MyRealNameToo

https://forums.moneysavingexpert.com/discussion/comment/82132532#Comment_82132532

Learner driver insurance is a particular product, in most cases it's a top up product. A learner driver can just buy a regular policy as well, there they can add any number of named drivers

mgfvvc

https://forums.moneysavingexpert.com/discussion/comment/82131774#Comment_82131774

ISTR the Veygo learners policy can be used either as a standalone policy or a top up.