Insurance question

AmDaMan · 24 Sep 2006 at 19:57

Hi, right it's about NCB,

If I was to change companies now would building up for my NCB still count?

Eg: I have 9 months NCB with company 'x' atm if I was to change to company 'y' would i still get my 2nd years NCB come 12 months? Or do I have to stick with one company?

I'm getting a mixed bag of answers from different people?

Have I just bought my banger for no reason? (Nissan Micra

, Pics later)

thanks,

Edit: Sorry could you move to motors

TripleT · 24 Sep 2006 at 20:00

Nope you'd lose the 9 months unfortunately

daven1986 · 24 Sep 2006 at 20:01

if you wait until you get 1 NCB then it carries over i think

ste_bla · 24 Sep 2006 at 20:10

You have to carry out the ful lterm of insurance (10/12 months) to get a year of NCB extra

djbenjo · 24 Sep 2006 at 20:11

You don't have any NCB, you are rewarded at the end of your policy for not claiming for that year

AmDaMan · 24 Sep 2006 at 22:01

i already have 1 years ncb and 9 months.

so if i swapped then I wouldn't start at 9 months it would go back to 0?

ste_bla · 24 Sep 2006 at 22:05

No you would still have 1 year

AmDaMan · 24 Sep 2006 at 22:30

that's what I though but how pants is that!! Surely it should carry on and be based on the time without a claim!

Can you point me to a source so I have some hard evidence

thanks.

timbob · 24 Sep 2006 at 22:49

That's the way it is dude.

When you take out a new policy with a company, they will ask how many years NCB you have. You say you have X years NCB, and then when the policy comes through, they ask you to send in your written proof of NCB.

The only written proof you will get is on your renewal notice from your current company - i.e. after the full 12 months is up they send you the renewal, and your NCB will be increased by one year in the little NCB box on it. This document is what you send to the new company, and they will add it onto their system.

Rich1988 · 24 Sep 2006 at 22:50

its 1 year with each insurer, so if you changed to a different policy it would have to run the 12 month term to get 1 years ncb, although you may be able to change the car on your policy in which case you would get your extra years ncb I would have thought.

timbob · 24 Sep 2006 at 23:00

Rich1988 said:
its 1 year with each insurer, so if you changed to a different policy it would have to run the 12 month term to get 1 years ncb, although you may be able to change the car on your policy in which case you would get your extra years ncb I would have thought.

Yes, theoretically you can change the car on a policy with the same insurance company.

I ran into trouble doing this though - back when I wanted my cavalier, my current insurers wouldn't insure me on it (19yo grp14 car), so I had to wait another 4 months until I got my renewal through before buying a car and switching insurers with my extra year of NCB.

AmDaMan · 25 Sep 2006 at 00:27

timbob that's the situation i'm in.

My current insurer won't let me insure the car I want. So I've just bought a micra for £70 i will keep that on the drive with my current insurer until renewal.

Meanwhile i'm thinking of taking up short term insurance with the other car (the one i'm planning to buy) untill i have my 2nd years NCB and then I can insure it properly.