Need some quite quick advice about NCB please!

Firegod

Firegod

Firegod

Soldato
Joined
12 Sep 2003
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Location
Newcastle, UK
Hi all,

At the end of this week I will hopefully be the owner of a new(er) car. However, I'll be keeping my current car until I can sell it. So basically I'll have two cars for hopefully a short period of time (call it a transition period if you will :p).

Now I only have 1NCB and 9 months at the moment. Is there anyway I can keep the 9 months, or do I have to start from 1NCB again for the year? It would be a shame to loose it, as the guy from one insurance company said it would make a big difference to my price...

I was getting a bit confused on the phone, as the bloke said I can't have them on two policies, or something to that effect?!

What can I do basically? :o

Thank you!! :)
 
You cant keep it unless you change the existing policy over to the new vehicle.

Whichever way you do it, you cannot use 1 set of NCB on 2 policies.
 
Cheers. Yes I need to keep the other one insured incase I need to take people out for "test-drives". :(

Hmm, so does that mean if I swap them all onto the new(er) (and more expensive car) that I'll have to pay a difference on my current car, as no doubt it'll go up but I have already paid for this year?

Does that make sense?

Thanks again!
 
If you can garage it, just use day insure to cover the costs when and if you need to arrange test drives.
 
Get your insurance changed to the new car. If it's a higher risk, then you'll have to pay the difference for the remaining 3 months of the policy.

Keep the old car in a garage, and ensure that the potential buyer has adequate insurance cover for them to test drive it. Put the ball in their court - if they want to test it, they must ensure they're adequately covered to do so.
 
Thanks again,

Unfortunately I don't have a garage, just a driveway at the moment. Can I still do what you have suggested with regarding to "day insurance"? Or does it need to be locked away when not in use?

Hmmm, I think I may just transfer them and pay the difference, but I need to see if the difference will be out weighed by the saving on the new policy....

Anymore thoughts people? :)
 
Firegod said:
Thanks again,

Unfortunately I don't have a garage, just a driveway at the moment. Can I still do what you have suggested with regarding to "day insurance"? Or does it need to be locked away when not in use?

Hmmm, I think I may just transfer them and pay the difference, but I need to see if the difference will be out weighed by the saving on the new policy....

Anymore thoughts people? :)
Click to expand...
I think they recently changed the rules for SORN/taxed, ie if it's taxed it must be insured... I might be wrong on that though.
 
You know what, am I being daft here... I've just thought... surely if I take out this new policy for the new car (fully comp) then I don't need to have insurance on the other car, because I can drive it regardless. I mean, it'll knock the cover down to Third Party but that's fine. And I have the owners permisson because it's me! :)

Can I do that?
 
Transfer the current policy and NCB to the new car and in hte event of need to take people on test drives, get some cover with www.dayinsure.com

That should work out the cheapest method overall.
 
Firegod said:
You know what, am I being daft here... I've just thought... surely if I take out this new policy for the new car (fully comp) then I don't need to have insurance on the other car, because I can drive it regardless. I mean, it'll knock the cover down to Third Party but that's fine. And I have the owners permisson because it's me! :)

Can I do that?
Click to expand...

No, because, if you even have DOC cover, the policy only covers you to drive other cars that you don't own.
 
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