Bonus Accelerators

[Maccy]

The admiral group proof letters state it in years.

Ah ok, I'm only in my first year of bonus accelerator, my previous year (first year) was a full 12 months.

 

[Confused]

I've had 10-month bonus accelerator schemes with Admiral, Bell and Elephant, all of which stated "x year" and had no mention of how long it took to accrue.

 

[Dave M]

And does it actually say "xyz" years' no claims?

Interesting to hear that actually, because I was told by elephant (who I'm with) that it's highly unlikely that I could transfer to someone like Direct Line and use 10 months as a year's no claims. Also, when speaking to other insurers they told me to be wary of bonus accelerators because they didn't accept them (think it was Direct Line/Churchill).

I went from elephant (had 2 10 month policies with them) to direct line - no problem at all.

Nothing at all was asked about bonus accelerators.

 

[Maccy]

Thanks for that mate, makes things a little easier should I want to move elsewhere

 

[Lopéz]

Sadly, with the Bonus Accelerator plans, I'm 99% sure that they're only transferable between the 4 companies owned by the Admiral Group - Admiral, elephant, Bell and Diamond. Most other leading insurers won't accept them as proof of a full years' no claims.

As the others have pointed out, I'm 99% sure you are wrong, as I transferred mine from Bell to the Post Office. It just says "7 years NCD" or similar, nothing about bonus accelerators or the period in which it was earned.

 

[Gaygle]

As the others have pointed out, I'm 99% sure you are wrong, as I transferred mine from Bell to the Post Office. It just says "7 years NCD" or similar, nothing about bonus accelerators or the period in which it was earned.

Same

 

[ljt]

Well I hope other companies accept it now! I've just moved from elephant with 4 years NCD (bonus accelerators) to sainsburys, so I will soon find out lol!