Lost 9 Years NCB!

I don't know if insurers here offer it but in the US you can retain the equivalent of NCD and loyalty bonuses for a fairly small fee if you plan on going without a car for a while. Does anyone know if any insurers in the UK offer this?
 
Scuzi said:
I don't know if insurers here offer it but in the US you can retain the equivalent of NCD and loyalty bonuses for a fairly small fee if you plan on going without a car for a while. Does anyone know if any insurers in the UK offer this?
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That would be great. I haven't heard of it though. I need to remember when my insurance ended, I don't want to lose 8years, although most top out at 5.
 
Lucero said:
This happened to me in 2004, but, I bought a stupidly cheap car, rarely used it, and paid the crappy £150 a year to insure it, just so I wouldn't loose my no claims.
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I does seem a little silly, out of interest do you think you could get away without any road tax if it was SORNed and kept on private land or does this depend on the insurer?
 
NCD is the biggest load of twaddle anyway.

A) You can protect it. I can have 9 years NCD and had 2 claims. Pointless.
B) It expires, as it has to this poor chap in the OP, despite the fact that he still has had "no claims" for the past 11 years.
C) It doesn't 'mirror', yet points/claims do.
 
Matmulder said:
NCD is the biggest load of twaddle anyway.

A) You can protect it. I can have 9 years NCD and had 2 claims. Pointless.
B) It expires, as it has to this poor chap in the OP, despite the fact that he still has had "no claims" for the past 11 years.
C) It doesn't 'mirror', yet points/claims do.
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A) you can protect NCD ie the discount as in the name, you still have to declare claims and premium will still go up.
B) shock at people who don't drive losing NCD, maybe if you don't drive you lose the skills, hence don't qualify for discount.
C) claims are claims and increase risks, points are applied to your license, you only have one license. So again Totaly Resonable.
 
Losing ncb is taking the urine as it is, but what really annoys me is you can only use ncb against one policy. Pain in the bum when you have a weekend toy :rolleyes:

Insurance companies = rude words :D
 
Glaucus said:
C) claims are claims and increase risks, points are applied to your license, you only have one license. So again Totaly Resonable.
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Thing is no-claims are a completely abstract concept invented by the insurance industry, they don't really accurately rate risk, one thing that has always confused me is why they're seen as currency - you "spend" them on one policy and can't be subsequently used on another parallel policy
 
Glaucus said:
A) you can protect NCD ie the discount as in the name, you still have to declare claims and premium will still go up.
B) shock at people who don't drive losing NCD, maybe if you don't drive you lose the skills, hence don't qualify for discount.
C) claims are claims and increase risks, points are applied to your license, you only have one license. So again Totaly Resonable.
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A) That was my point,by defintion NCB is to show your historic driving safety/risk - if you've had a claim, it renders NCB moot, yet you can still 'use it' if you've protected it.

B) Still say thats rubbish - you can be on a company car scheme and lose it, be a 2nd driver and lose it. Or I can just keep a project car insured and never drive it, yet still have your NCB.

C) Totally reasonable? I've got 9 years NCB, showing I'm a low risk client. Insurer number 1 notes this, gives me a good discount. Insurer 2 ignores it, giving me the same premium as someone who's not been driving for the last 9 years? Yet if I've got points/accidents, they're happy to take the negatives into account on all policies?

NCB is a total sham.
 
Matmulder said:
A) That was my point,by defintion NCB is to show your historic driving safety/risk - if you've had a claim, it renders NCB moot, yet you can still 'use it' if you've protected it.
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You pay a huge premimum for protecting it, the stats and revenu work out in the insurers interest, not yours.

Matmulder said:
C) Totally reasonable? I've got 9 years NCB, showing I'm a low risk client. Insurer number 1 notes this, gives me a good discount. Insurer 2 ignores it, giving me the same premium as someone who's not been driving for the last 9 years? Yet if I've got points/accidents, they're happy to take the negatives into account on all policies?

NCB is a total sham.
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I thought you meant between licenses like using a car NCD on a bike.

How is it a total sham? The sham bit is protecting it. NCD is an easy way to show reduced risk that is transferable between companies.

Or would you rather pay full price every year. Becuase there isn't an easy way to prove you have been insured every year and haven't claimed.
 
Crimefighter said:
That is certainly interesting and Im going to remember that.....really sucks, I feel for you.

I do share a certain amount of your pain.....I had 10 years insured driving experience (and associated NCB)in New Zealand, and had it all count for nothing when I immigrated to the UK, had to start from scratch again.

Not as bad as your situation Ill admit, but I was still bitter....the driving rules are so similar I didnt even have to sit a test over here, it was just a straight license swap. Meant nothing to the insurance companies however.

In any event, you have my sympathy.
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I built up 5 years worth in the uk, 1 year in California, then moved to Switzerland and didn't drive so lost my uk and us NBC, and now I'm back in the US starting from scratch.
 
Crimefighter said:
That is certainly interesting and Im going to remember that.....really sucks, I feel for you.

I do share a certain amount of your pain.....I had 10 years insured driving experience (and associated NCB)in New Zealand, and had it all count for nothing when I immigrated to the UK, had to start from scratch again.

Not as bad as your situation Ill admit, but I was still bitter....the driving rules are so similar I didnt even have to sit a test over here, it was just a straight license swap. Meant nothing to the insurance companies however.

In any event, you have my sympathy.
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When I moved over from South Africa in 2007, I found a UK insurance company that would accept the NCB that I had accrued over there. I'm now up to 7 years NCB.

You should have done a little more research :)
 
We used to have 2 cars, but now have one. To ensure that we don't lose our NCD, we switch between them every year. Last year it was my NCD, this year it's the wife's. Pain in the bum, but needs to be done.
 
Matmulder said:
NCD is the biggest load of twaddle anyway.

A) You can protect it. I can have 9 years NCD and had 2 claims. Pointless.
B) It expires, as it has to this poor chap in the OP, despite the fact that he still has had "no claims" for the past 11 years.
C) It doesn't 'mirror', yet points/claims do.
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When I bought my second car I phoned up a specialist insurer and asked if they would mirror my NCD and they agreed. So it is possible.
 
Glaucus said:
How is it a total sham? The sham bit is protecting it. NCD is an easy way to show reduced risk that is transferable between companies.
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I can totally understand what he is saying. Even if someone hadn't made a single claim in 30 years of driving, if they wanted to take out a new policy they would have to start with 0 NCB on that policy. However, if they had any penalty points, they would have to be declared on every policy.

i.e. You have something that suggests you are a low risk, safe driver but you are not allowed to use it. If you have some penalty points you have to declare them.

The only slight advantage with the current system is that a claim on one policy will not affect the NCB on the others, though I'm sure they would be keen to learn about your claim.
 
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