How long does NCB last when you have no insurance?

Skeeter · 23 May 2011 at 12:01

Ok, this is the deal.

I don't need my car, but I need money at the moment. I am thinking about SORNing my car and cancelling the insurance for a few month at least. However, what will this mean in terms of NCB when I come to re insure the car again? My insurance was from about November last year, so I have the proof of 5 years NCB from then, but how long untill insurers don't recognise NCB when you haven't had a policy?

merlin · 23 May 2011 at 12:02

2yrs generally.

Skeeter · 23 May 2011 at 12:03

merlin said:
2yrs generally.

From the last proof you have of it? So my proof of NCB from Novermber last year will be good until around November 2012? Cool. Cheers.

Mucky_Pup · 23 May 2011 at 12:03

Some can be 1 year, but I've heard most are around 2. Best to ring around first.

Skeeter · 23 May 2011 at 12:06

I'll likely be going back to the same insurer anyway, but I will check with them before I cancel.

[TW]Fox · 23 May 2011 at 12:08

Some insurers allow you to suspend your policy rather than cancel it. I suspended mine when I went to Australia, they sent me a cheque for the value of the insurance cover for the time period I suspended it for. I still gained NCB as well.

merlin · 23 May 2011 at 12:09

Skeeter said:
From the last proof you have of it? So my proof of NCB from Novermber last year will be good until around November 2012? Cool. Cheers.

From the last expiry date.

Skeeter · 23 May 2011 at 12:19

[TW]Fox;19202977 said:
Some insurers allow you to suspend your policy rather than cancel it. I suspended mine when I went to Australia, they sent me a cheque for the value of the insurance cover for the time period I suspended it for. I still gained NCB as well.

Ah, cool. I assume your still with Admiral (I'm with Bell) so it might be a possibility for me to suspend my insurance for a few months... I'll give them a call.

Jimbeam3678 · 23 May 2011 at 13:46

[TW]Fox;19202977 said:
Some insurers allow you to suspend your policy rather than cancel it. I suspended mine when I went to Australia, they sent me a cheque for the value of the insurance cover for the time period I suspended it for. I still gained NCB as well.

Really? Well worth knowing that could have down with knowing that before I swanned off to Taiwan for 4 weeks :rolleyes:

Ah well will know for next time

Sin_Chase · 23 May 2011 at 13:52

[TW]Fox;19202977 said:
Some insurers allow you to suspend your policy rather than cancel it. I suspended mine when I went to Australia, they sent me a cheque for the value of the insurance cover for the time period I suspended it for. I still gained NCB as well.

Totally did not think to check this when I went away for 6 months. Suspension + NCB gain + refund for the time period would have been welcomed. A good £300.

No doubt my insurer would have said "We don't do that" though

Skeeter · 23 May 2011 at 13:52

Bells suspension bumph is written around you selling a car, being without one for a while, then buying another, all before your policy should expire. I assume I would just follow that same process, but just be re insuring the same car after a few months. Think this is the best way. Cheers Fox.