Maintaining no claims history

[Gucci]

Time for renewal - myself and the good lady alternate holding the policy to keep our no claims. Is it true that you can have no policy for up to 2 years and keep your no claims?

 

[whitenemesis]

I think it is very much company Dependant.

Some allow named drivers to accrue NCB

 

[DieselE]

I think it is very much company Dependant.

Some allow named drivers to accrue NCB

Yes, Direct Line certainly offer that.

 

[pammy]

Yes, Direct Line certainly offer that.

But only if you take out your insurance with them. It's not transferable

 

[jamesmc]

Not totally on topic here but may be useful to someone.

If you happen to move to another part of Europe (say Portugal for example) the EU mainland insurer will normally recognise a UK no claims certificate and apply the appropriate discount to your new policy.

 

[crockers]

I think some need NCD explained. Yes you get a discount for not making a RECOVERABLE claim. If the claim is NON RECOVERABLE then that will affect the NCD.

Now here's the rub that not many are aware of... Protected NCD.

Yes you can have a protected NCD BUT...that is a discount from the premium which may be raised if you make NON RECOVERABLE claims..

So for example if your NCD is 75% and the base premium is £1000 you pay £250.... if you make a claim you may find your base premium raised to £1500 but you have Protected NCD and therefore only pay 25% of the new premium...£375.

Also note it is no claims discount ..not a bonus...lol..(pedantic I know)

 

[Dieselman]

I've always avoided protected no claims as it just bumped the premium up to the level where you had had a claim anyway.

If you claim you lose two years NCD so it's not all gone.

I now have protected simply because it was offered with NO penalty on the cheapest quote I got.
The overall package is better than the one I had as it includes hire car, lower excess, protected NCD.

Other T&C's are pretty similar.

 

[Gucci]

Protected no claims cost me £26....bargain I reckon?

 

[whitenemesis]

Protected cost me £0

Unfortunately needed it a couple of times, no problems. Premiums haven't suffered

 

[Gucci]

Protected cost me £0

Ok, £0 is pretty good

 

[whitenemesis]

Ok, £0 is pretty good

Can't do much better!

 

[Swiss Toni]

My wife didn't need her own insurance for a while and found that the NCD reduced at the rate it accrued - so having 5 yrs NCD, after a year without her own policy, they allowed 4 yrs NCD, then after 2 years she had 3 yrs NCD...

Wandering off-topic - I know that the insurance industry advised Cops trained in TPAC (Tactical Pursuit & Containment - which often involves toctact with the offending vehicle) that they must declare all such incidents when renewing their private car insurance. Always taken as a no-fault collision, but it may not go down too well when you have to declare "8 no-fault collisions in the past 12 months, 9 in the previous 12..."!