Insuring multiple cars

lordrobs

lordrobs

lordrobs

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Joined
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Location
Norwich
I've been setting the seed at work for having a car allowance rather than a company car for a number of reasons. With my current company car being way past retirement it is coming to crunch time and I've suddenly realised that I may have a costly time with insurance.

My current situation is that I have an MX5 on a low mileage policy with Adrian Flux. This policy has my no claims since I started driving back in '99.

I don't really plan on getting rid of the MX5 if I can help it so I'll need to start another policy with my work car. Unfortunately trying to get introductory NCD on the new policy may be tricky due to a slight 'driving into a parked car' incident earlier this year :o

As far as I can see I can either;

Start a new policy on the work car with 0 NCD.
Cancel the policy on the MX5 and use that NCD on the new car, reverting the MX5 back to 0 NCD
Set up a multi car policy.

For those of you that have more than one car, how do you find it works out best?
 
Use the NCD on the new car, use a specialist like Greenlight to insure the MX5 with mirrored NCD.

My MX5 cost me under £300/year to insure as my second vehicle with greenlight. This year the TT V6 has taken its place for £320~ with my S3 insures using the original NCD.
 
Recently purchased a second car, Bell created a multi car policy for me and assigned my 15 years no claims to both cars so both cars have 15 years no claims and the additional car cost £188 to add.

The policy renews in January.
 
Psycho Sonny said:
get rid of the mx5 - use works allowance to buy new mx5?
Click to expand...
It needs to be an estate for work use. Also I can occasionally end up doing 400+ miles in a day and even the MK4 would suck for that!
paradigm said:
Use the NCD on the new car, use a specialist like Greenlight to insure the MX5 with mirrored NCD.

My MX5 cost me under £300/year to insure as my second vehicle with greenlight. This year the TT V6 has taken its place for £320~ with my S3 insures using the original NCD.
Click to expand...

Chris344 said:
Recently purchased a second car, Bell created a multi car policy for me and assigned my 15 years no claims to both cars so both cars have 15 years no claims and the additional car cost £188 to add.

The policy renews in January.
Click to expand...

Excellent info, thanks.
 
paradigm said:
Use the NCD on the new car, use a specialist like Greenlight to insure the MX5 with mirrored NCD.

My MX5 cost me under £300/year to insure as my second vehicle with greenlight. This year the TT V6 has taken its place for £320~ with my S3 insures using the original NCD.
Click to expand...

This.

@lordrobs your Mx5 is complete stock and likely to remain that way isn't it? If so Footman James are usually very good for classic policy's which don't use or generate NCD
 
Footman James will happily cover you with those mods. I used them to insure mine when I first bought it and mine had quite a few mods (suspension, wheels, brakes, roll bar, bucket seats, etc) I had it insured on a limited mileage classic policy, and as mentioned above it didn't require or generate any ncd (which for me was only only reason I left them as their prices were very good)
 
I usually have multi car policies in place, but to be fair they are a policy each for myself and my better half.

Have previously has ncb mirroring set up as mentioned above - however I thought this was only possible initially with two policies from the same company. If this is the case then you'd probably still be ok to move on after the first year as you'll get two sets of no claims proofs out
 
Flux were good with me when I got my Cmax but needed the mazda insured still until I sold it.
they mirrored my NCD onto the cMax withotu question :)

Underwriter was ERS
 
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