admiral multi car - wtf?

Siliconslave · 6 Feb 2009 at 11:25

Ok, just phoned up for a quote with them as the misses has her insurance there and the ditsy lady didn't really seem to understand how it worked.... So the natural thing to do is ask the oracle: OCUK motors

The misses renewed with them this Jan, i'm starting my next policy at the end of the month. They have quoted me a decent price and a good price for her when she renews.

What confuses me, and the sales person, is if we both end up being contractually obliged to renew with Admiral? I either of us doesn't renew with them do i then end up having to pay a premium for this years policy at the end of the term...

Cheers

Sam

uk_viper · 6 Feb 2009 at 11:40

Did my multicar policy online, drop my cost of insurance by around £400

Dolph · 6 Feb 2009 at 11:41

You're not contractually obligated to renew, but if one cancels and the other one stays, then you may have to pay the difference between the multicar premium and the normal quote.

It's also worth noting that it can associate the NCB meaning in the event of an accident in one car, it can impact the cost of insuring both. They say this isn't the case, but there are lots of reports on the net of them playing silly buggers with NCB.

kaiowas · 6 Feb 2009 at 11:42

Last time I looked into multicar I think they try and synchronise all of your renewal dates (ie when you first join the policy you'll only pay for insurance up until your wifes renewal date). Then next January both renewals will be up at the same time and you can either stay with them or not.

Of course they might have tweaked things since then so it might be different.

Siliconslave · 6 Feb 2009 at 11:53

kaiowas said:
Last time I looked into multicar I think they try and synchronise all of your renewal dates (ie when you first join the policy you'll only pay for insurance up until your wifes renewal date). Then next January both renewals will be up at the same time and you can either stay with them or not.

Of course they might have tweaked things since then so it might be different.

No they were saying you needed to pay a bridge payment to get the two into line for the next renewal.

Dolph said:
It's also worth noting that it can associate the NCB meaning in the event of an accident in one car, it can impact the cost of insuring both. They say this isn't the case, but there are lots of reports on the net of them playing silly buggers with NCB.

Hrm, sounds a little dodgey to me... i'll have to read up on that one!

Hutch · 6 Feb 2009 at 12:03

The ncd thing is really confused to be honest.. I work in claims part time and we dont know how multicar ncd works.. We dont deal with their claims often though

Pretty sure they are seperate ncd on each car though..

ste_bla · 6 Feb 2009 at 14:27

With admiral multi car with us works out, basically it seems you insure 2 policies and then you get a slight discount (for us 10% ish per policy). Each car earns a NCB and you can select with driver to receive it and which policy(ies) has any already built up NCB.