yankeesiter Posted February 11, 2012 Share Posted February 11, 2012 I phoned a couple of insurance companies the other day when I thought I might be buying another car. And lo and behold I found that I could only apply my no claims bonus to one car. Now I always thought the NCD was applied to the driver for having a good record and not the car. So what I want to know is if I have 2 cars, which I can only drive one at a time, and I have maximum NCD on one and not on the other; if I have an accident in the NCD car, it won’t be affected because it’s the car, not the driver that has the NCD applied to it. I can’t understand the logic of this but I’m sure that it is something that was dreamed up in the annual junkets of the Association of British Insurers. And of course, what company would step out of line to compete with the others when they can operate collectively and stiff all of us consumers. Quote Link to comment Share on other sites More sharing options...
ChrisS Posted February 11, 2012 Share Posted February 11, 2012 It's a con and is true. It's your NCB and with a second car it becomes the cars NCB. And if you smash one, you have had an accident so can loose both NCBs. As said it's a con. Quote Link to comment Share on other sites More sharing options...
Roo Posted February 11, 2012 Share Posted February 11, 2012 You have to have ncb per person otherwise people could run multiple policies. One on a cheap car that was never used one on an expensive one they actually used. Then in the event of an accident could then cancel the effected and transfer the one from the unaffected policy. And only take the sting of loosing ncb on the cheap car. The one NCB per person makes sense therefore. However not being able to apply it to all vehicles is barmy. I agree it is anoying for reponsible drivers. There are specialist insurers who do policies for owners of Multiple vehicles. Aon for one. But mostly aimed at uber wealthy car collections i think. Quote Link to comment Share on other sites More sharing options...
Gudzy Posted February 11, 2012 Share Posted February 11, 2012 Some companies will match it or give some bonus to try and get the business. It doesn't help those of us with a shed. My 2nd car is an impreza sport (meaning there's no turbo), if I'm driving it in winter instead of the zed I think I should have a reduced premium overall as I'm driving a safer car for the conditions and which has a lower value, but that's another matter. I work at a specialist motorhome insurer and we will match the NCD that you have on your car in certain circumstances (limits on number of claims and convictions). Quote Link to comment Share on other sites More sharing options...
elfman Posted February 11, 2012 Share Posted February 11, 2012 That's a bit of a bugger given the new law of having to insure a car even of its sorn etc! Quote Link to comment Share on other sites More sharing options...
JetSet Posted February 11, 2012 Share Posted February 11, 2012 That's a bit of a bugger given the new law of having to insure a car even of its sorn etc! Ermm, No. http://www.direct.gov.uk/en/Motoring/Ow ... M&CRE=Furl However, I certainly would get some form of cover if I was for example be unable to drive for any length of time, there are a few companies that'll do SORN insurance for you. Pete Quote Link to comment Share on other sites More sharing options...
ATTAK Z Posted February 11, 2012 Share Posted February 11, 2012 However not being able to apply it to all vehicles is barmy. . good answer ... actuary that makes sense (joke) Quote Link to comment Share on other sites More sharing options...
Roo Posted February 11, 2012 Share Posted February 11, 2012 However not being able to apply it to all vehicles is barmy. . good answer ... actuary that makes sense (joke) Booooooooo Quote Link to comment Share on other sites More sharing options...
geoff-r Posted February 12, 2012 Share Posted February 12, 2012 How does this work with bikes? If I crashed my car would I lose the NCB on my bike and vice versa? Quote Link to comment Share on other sites More sharing options...
sasha@lazytrips Posted February 12, 2012 Share Posted February 12, 2012 With the price of insurance these days, here's something I am seriously considering doing: 1. Buy insurance on your car as you would normally, get cheapest quote & whatnot. 2. Go find the absolute cheapest piece of rubbish car (I would pick a 1987 Citroen 2CV), find a numberplate of one online and buy yourself insurance for it for doing no miles + put your mum, your wife and everybody else onto the policy. This will typically come out at the price of a pack of crisps (perhaps a slight exaggeration, but you get the drift). NOTE: this is perfectly legal. There is nothing stopping you from buying insurance on any car of your choice as you might be considering buying it/might want to drive it/whatever. 3. Keep refreshing your 2CV insurance. You might even get a decent discount on your main policy with a multicar offer! Buy yourself a second one just in case too. 4. If you happen to lose your no claims on your main policy or ever decide to buy a second car or anything of the sort, you have a back up set of no claims discount that you can easily use as and when. *** I think I'm gonna go down this route as I am pretty sure this will save me a load of money overall. Quote Link to comment Share on other sites More sharing options...
MFM Posted February 12, 2012 Share Posted February 12, 2012 I have max NCB and my insurance for three cars is with Frizzells (Liverpool Victoria). NCB applies to the three: 2004 350Z 2004 Isuzu Pickup 2008 Ford Ka and Mike Quote Link to comment Share on other sites More sharing options...
MidnightRacer Posted February 12, 2012 Share Posted February 12, 2012 We need to remember that NCB is no claims bonus. If you claim on one policy you dont loose you NCB on your other policy because they each earn their own NCB (unless its a single policy with mirrored NCB in which case you would). What you would have to do is declare your claim to the other policy provider as they ask if you have had any claims and that status would change. Its all a total con and they will try any trick they can not to payout on a policy so you have to be really sharp! I always find it suprising that people think they can just use their NCB on a second policy, i bet there are loads of people who have done this and are none the wiser! Quote Link to comment Share on other sites More sharing options...
yankeesiter Posted February 12, 2012 Author Share Posted February 12, 2012 We need to remember that NCB is no claims bonus. If you claim on one policy you dont loose you NCB on your other policy because they each earn their own NCB (unless its a single policy with mirrored NCB in which case you would). What you would have to do is declare your claim to the other policy provider as they ask if you have had any claims and that status would change. Its all a total con and they will try any trick they can not to payout on a policy so you have to be really sharp! I always find it suprising that people think they can just use their NCB on a second policy, i bet there are loads of people who have done this and are none the wiser! Sorry, this is exactly the point. If I have a Zed (max NCD), premium £500 and buy a BMW 330D (no NCD) and then have an accident with the BMW, are you saying I don't have to declare it to the Zed insurers and my next year's premium will be unaffected assuming they're not mirrored? My company always asks if I've had any convictions or accidents in the last 5/3 years, full stop. Not which car it was in. Quote Link to comment Share on other sites More sharing options...
geoff-r Posted February 12, 2012 Share Posted February 12, 2012 We need to remember that NCB is no claims bonus. If you claim on one policy you dont loose you NCB on your other policy because they each earn their own NCB (unless its a single policy with mirrored NCB in which case you would). What you would have to do is declare your claim to the other policy provider as they ask if you have had any claims and that status would change. Its all a total con and they will try any trick they can not to payout on a policy so you have to be really sharp! I always find it suprising that people think they can just use their NCB on a second policy, i bet there are loads of people who have done this and are none the wiser! Sorry, this is exactly the point. If I have a Zed (max NCD), premium £500 and buy a BMW 330D (no NCD) and then have an accident with the BMW, are you saying I don't have to declare it to the Zed insurers and my next year's premium will be unaffected assuming they're not mirrored? My company always asks if I've had any convictions or accidents in the last 5/3 years, full stop. Not which car it was in. If you do not declare a claim that was your fault regardless of which car you were in then your insurance would be void. Quote Link to comment Share on other sites More sharing options...
MidnightRacer Posted February 12, 2012 Share Posted February 12, 2012 We need to remember that NCB is no claims bonus. If you claim on one policy you dont loose you NCB on your other policy because they each earn their own NCB (unless its a single policy with mirrored NCB in which case you would). What you would have to do is declare your claim to the other policy provider as they ask if you have had any claims and that status would change. Its all a total con and they will try any trick they can not to payout on a policy so you have to be really sharp! I always find it suprising that people think they can just use their NCB on a second policy, i bet there are loads of people who have done this and are none the wiser! Sorry, this is exactly the point. If I have a Zed (max NCD), premium £500 and buy a BMW 330D (no NCD) and then have an accident with the BMW, are you saying I don't have to declare it to the Zed insurers and my next year's premium will be unaffected assuming they're not mirrored? My company always asks if I've had any convictions or accidents in the last 5/3 years, full stop. Not which car it was in. Thats just what I was saying, sorry if it wasn't clear enough. In simplest terms. You wouldn't loose your no claims bonus on the Zed with the other policy but you WOULD have to declare you had a claim so they would put the premium up anyway. Hope thats clearer! Quote Link to comment Share on other sites More sharing options...
Ekona Posted February 12, 2012 Share Posted February 12, 2012 With the price of insurance these days, here's something I am seriously considering doing: 1. Buy insurance on your car as you would normally, get cheapest quote & whatnot. 2. Go find the absolute cheapest piece of rubbish car (I would pick a 1987 Citroen 2CV), find a numberplate of one online and buy yourself insurance for it for doing no miles + put your mum, your wife and everybody else onto the policy. This will typically come out at the price of a pack of crisps (perhaps a slight exaggeration, but you get the drift). Except that the insurance company is far less likely to want to insure you if you're not the legal owner of the car. You will find that most won't touch you, and the ones that do won't be that cheap at all. What you really want to do is to go and actually purchase a very cheap snotter (like an '87 2CV) and then do the same thing, which is perfectly legal and you'll find that 99% of insurers will want your business, so it'll come out a bit cheaper. £100 purchase cost of a proper shed could save you that easy in the first year or two of ownership. The question has been posed before as to how much of a car you actually have to own before it's no longer a car: For example, a car without doors and an engine is still a car, but what if you remove literally everything and are left with just the chassis? I'd say that was still a car (albeit a stripped one, but classics going in for major restoration work can often be found like that). What about if you cut the A-pillars off? Still a car, yes? So how much can be removed? Technically you only need own the chassis plate to register a vehicle, but I'm not sure if that would actually count as a car in a court of law... Quote Link to comment Share on other sites More sharing options...
yankeesiter Posted February 12, 2012 Author Share Posted February 12, 2012 We need to remember that NCB is no claims bonus. If you claim on one policy you dont loose you NCB on your other policy because they each earn their own NCB (unless its a single policy with mirrored NCB in which case you would). What you would have to do is declare your claim to the other policy provider as they ask if you have had any claims and that status would change. Its all a total con and they will try any trick they can not to payout on a policy so you have to be really sharp! I always find it suprising that people think they can just use their NCB on a second policy, i bet there are loads of people who have done this and are none the wiser! Sorry, this is exactly the point. If I have a Zed (max NCD), premium £500 and buy a BMW 330D (no NCD) and then have an accident with the BMW, are you saying I don't have to declare it to the Zed insurers and my next year's premium will be unaffected assuming they're not mirrored? My company always asks if I've had any convictions or accidents in the last 5/3 years, full stop. Not which car it was in. Thats just what I was saying, sorry if it wasn't clear enough. In simplest terms. You wouldn't loose your no claims bonus on the Zed with the other policy but you WOULD have to declare you had a claim so they would put the premium up anyway. Hope thats clearer! In which case, it's the driver who earns the NCD and it should be applied to any car he owns no matter how many. Differences in premium would be the cost to repair and the potential for having an accident ie. horsepower and age of driver. Quote Link to comment Share on other sites More sharing options...
MidnightRacer Posted February 13, 2012 Share Posted February 13, 2012 We need to remember that NCB is no claims bonus. If you claim on one policy you dont loose you NCB on your other policy because they each earn their own NCB (unless its a single policy with mirrored NCB in which case you would). What you would have to do is declare your claim to the other policy provider as they ask if you have had any claims and that status would change. Its all a total con and they will try any trick they can not to payout on a policy so you have to be really sharp! I always find it suprising that people think they can just use their NCB on a second policy, i bet there are loads of people who have done this and are none the wiser! Sorry, this is exactly the point. If I have a Zed (max NCD), premium £500 and buy a BMW 330D (no NCD) and then have an accident with the BMW, are you saying I don't have to declare it to the Zed insurers and my next year's premium will be unaffected assuming they're not mirrored? My company always asks if I've had any convictions or accidents in the last 5/3 years, full stop. Not which car it was in. Thats just what I was saying, sorry if it wasn't clear enough. In simplest terms. You wouldn't loose your no claims bonus on the Zed with the other policy but you WOULD have to declare you had a claim so they would put the premium up anyway. Hope thats clearer! In which case, it's the driver who earns the NCD and it should be applied to any car he owns no matter how many. Differences in premium would be the cost to repair and the potential for having an accident ie. horsepower and age of driver. The driver does earn the NCD and it can be assigned to any vehicle but you cant assign one lot of no claims to 2 or more vehicles at once unless the insurance company specifically allows it for whatever reason. and your insurance really has sod all to do with cost to repair of the vehicles nowadays. Its more about the millions in compensation someone could claim if you run into them! Quote Link to comment Share on other sites More sharing options...
yankeesiter Posted February 13, 2012 Author Share Posted February 13, 2012 We need to remember that NCB is no claims bonus. If you claim on one policy you dont loose you NCB on your other policy because they each earn their own NCB (unless its a single policy with mirrored NCB in which case you would). What you would have to do is declare your claim to the other policy provider as they ask if you have had any claims and that status would change. Its all a total con and they will try any trick they can not to payout on a policy so you have to be really sharp! I always find it suprising that people think they can just use their NCB on a second policy, i bet there are loads of people who have done this and are none the wiser! Sorry, this is exactly the point. If I have a Zed (max NCD), premium £500 and buy a BMW 330D (no NCD) and then have an accident with the BMW, are you saying I don't have to declare it to the Zed insurers and my next year's premium will be unaffected assuming they're not mirrored? My company always asks if I've had any convictions or accidents in the last 5/3 years, full stop. Not which car it was in. Thats just what I was saying, sorry if it wasn't clear enough. In simplest terms. You wouldn't loose your no claims bonus on the Zed with the other policy but you WOULD have to declare you had a claim so they would put the premium up anyway. Hope thats clearer! In which case, it's the driver who earns the NCD and it should be applied to any car he owns no matter how many. Differences in premium would be the cost to repair and the potential for having an accident ie. horsepower and age of driver. The driver does earn the NCD and it can be assigned to any vehicle but you cant assign one lot of no claims to 2 or more vehicles at once unless the insurance company specifically allows it for whatever reason. Should do, that IS the problem and your insurance really has sod all to do with cost to repair of the vehicles nowadays. It doesIts more about the millions in compensation someone could claim if you run into them. Quite true! Quote Link to comment Share on other sites More sharing options...
rabbitstew Posted February 13, 2012 Share Posted February 13, 2012 Except that the insurance company is far less likely to want to insure you if you're not the legal owner of the car................The question has been posed before as to how much of a car you actually have to own before it's no longer a car: I thought it was you had to be the registered keeper, which is different to the owner. As for how much of the car you have to own, then as long as your down as the registered keeper on the logbook then for as far as anyone knows you could just have the logbook & the chasis plate of the vehicle. I dont think insurance companies are too worried about checking the car is a physical car. At the end of the day they would be still taking your cash and have 0% risk of ever paying out on it if you were insuring a chasis plate/logbook. The NCB thing is a right pain that it is on the vehicle and not you. Ive 3 seperate insurance policies (did have 4), just so I can drive some of my vehicles. Its all a bit of a scam. Take for example 2 cars. You insure both cars 3rd party only just for you to drive and they are kept on private property when not being used. You can only physically drive one at once and therefore the only risk the insurance company will only ever have is to pay out a claim involving the 1 car you are driving if you were to crash it. The value of the cars is irrelevant as with 3rd party they will only ever need to pay out for the vehicle you crash into and not your car itself. In this situation, you would have thought the insurance company would give you 1 premium based upon the highest risk vehicle you will be driving. So, if you had a Fiesta and a Ferrari, then they would use the highest risk car on which to base their premium. Of course, if you then use the ferrari at w/ends and the fiesta in the week, the insurance company will be laughing as you would be paying the high ferrari premium but the risk for the insurance company would be lower as you`d be driving a fiesta. So surely they would be happy that they have a lower risk and your happy as you can use the old fiesta in the week. However, insurance companies dont see it like that. For a start, 3rd party is more expensive than Fully Comp. I had a quote for 3rd party for one of my cars for 600quid. Whereas Fully Comp came back at 80quid. So clearly, its not based upon risk, but stats as more claims used to be made by 3rd party only drivers. Also, insurance companies dont seem to see a driver having a 2nd car as being a lower risk benefit for themselves, and so dont let you apply your NCB to it. They treat you as if you were a new customer with no NCB on it. In my case, ive my zed, and want an old banger to use in the week. Which ever way I tried to insure the old banger I was looking at over 500quid a year, even on some old £50 heap of scrap. So called "multicar policies" where the insurance company claims they will give you a discount for insuring a 2nd car actually came back as more expensive than insuring the car seperately. So now I have 19 years NCB on my main car, 12 or more years NCB on my R1 motorbike, 4 years NCB on another motorbike, (although i havent insured it for a few years now, so i expect ive "lost" that,) and 3 years NCB on the wifes car. Thats nearly 40 years NCB combined! Quote Link to comment Share on other sites More sharing options...
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