I`ve been told i cant use my full n.c.b on a second policy. Why not?
What a complete con! The fact i have two cars doesnt make me a worse driver does it? I can only drive one at a time so i`m stumped to see the reasoning behind it other than greed on the insurers part.
Am i mistaken?
(apologies if this is old material-i tried the search but it came up blank)
Cheers - jon
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>>What a complete con!
Why ? Did they say that they would do something else and then change their mind ?
>>greed
You know that they're a business, right ? Not a charity or anything ? That they are there to make profit ?
Why do you want your insurers to insure a second car when you only started with one ? Is it a con ? Why do you want to use your bonus on both when you only earned it on one ? Greed ?
If you spoke with them with the same attitude, I'm not surprised you hit a wall.
If insurance is for you only on both vehicles, then trying finding out about an introductory discount from either your current insurer or another.
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Valhalla ,cant you put a second car on the same policy with an additional payment on it untill renewal time (same policy = same ncb) as there are insurance companies which will give you ncb on more than one policy or insure several vehicles one one policy ,just dont forget its your money they live on and there are others who will do it your way
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Defender and pugugly, thanks for the information.
Fm2r.. Would i be wrong in assuming you have a connection with the insurance industry?
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I am with Direct Line
When my Mrs got her first car, she got my full NCB.
Providing there were no claims in the first year (which there weren't), she got to keep the NCB as her own.
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Thanks primera97. I`ll get the mrs to try all these tomorrow.
rgds jon
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I`ve been told i cant use my full n.c.b on a second policy. Why not?
and
I`ll get the mrs to try all these tomorrow.
Could be one reason insurance companies baulk at giving a full NCD on a second car - sometimes it may not be a second car at all, but a first car for a spouse. If you can convince the insurer that both cars are for your own use only, then it is fairly easy to get two onto a single policy.
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>>Would i be wrong in assuming you have a connection with the insurance industry?
Yes you would be; very wrong.
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And you think i`ve got an attitude.......
I`ve had some helpful advice from other members here, for which i`m grateful.
If i somehow? offended you with my post.. sorry.
I stand by what i said though.. I think the insurance industry is very greedy
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Don't worry about Mr No, Valhalla. We usually lock him in a cupboard and throw him some leftovers but if we don't let him watch his cartoons he can get a bit cranky.
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Oh dear Adam not the dreaded "c" word.
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sometimes it may not be a second car at all, but a first car for a spouse. If you can convince the insurer that both cars are for your own use only, then it is fairly easy to get two onto a single policy.
RSA insure both the Beemer and the MINI on my policy both have full no claims with SWMBO as named driver on both, they are well aware of the set up and only baulked when I tried to insure the Defender and another older Beemer on the same policies. The brokers I have are very understanding.
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But hold on a minute! If the spouse has also been driving the first car and the NCB is still intact, doesn't this tend to indicate that they are also a reasonably competent driver and therefore the risk to the insurer of the second car for the spouse is correspondigly lower? I would say that not crediting the NCB within the insurance industry would be tantamount to an anti-competitive cartel - threaten them with reporting them to the DTI or whoever is responsible. I think the maximum penalty is 10% of turnover which might get them thinking.
BIG
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BIG,
No disresepct intended, but did you read what I wrote ?
And the anti-competitive cartel etc. etc. stuff is pure misguided fantasy.
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OK, I admit to a bout of fantasising. My point was, however, that the NCB should not be seen as a reward, rather an indication that the risk to the insurer is statistically lower and therefore the insurance premium is reduced accordingly. Of course insurance companies are there to make a profit but the premium payable should reflect the risk. Not passing on the NCB allows the insurance companies to make an excess profit taking into account the risk level indicated by the NCB of the first car. Some insurance companies see this as a way of developing new business by setting the premium of the second car at an appropriate level, others are more inclined to take the profit if they can. I know which company I would choose.
BIG
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>>If insurance is for you only on both vehicles, then trying finding out about an introductory discount from either your current insurer or another.
[sigh] I answered your question [see above], and unlike other advice which is only helpful, it is also accurate. Although PU makes a couple of informed points.
No Claims Discount/Bonus is earned by having a car insured and not claiming. You obviously cannot earn it on one vehicle and use it on two. However, a good claims history is normally rewarded with an introductory discount. This is not NCD/B although often referred to as such by either the uneducated or marketing. There are a number of situations where an intro discount may be allowed;
-a driver with a good record who has not previously had insurance in their own name
-a second vehicle for a driver with a good record where he is the only driver
-as an accomodation offer to husbands/wives/partners fo existing customers
etc. etc. etc.
I'm sure you get the idea.
If you have both vehicles restricted to yourself driving only, then as you say only one can be on the road and whilst there is an increase in risk it is not double. To that end an intro is normally allowed and if your insurer won't give you one, then try elsewhere.
If the driving will in fact be more than just you, say you and the wife, then it may qualify if your wife has a suitable driving/claims record in which case you should try for an intro discount on a policy in her name. If your insurer won't oblige, then try another.
Insurers increasingly do not bother with a distinction between husband and wife as to who owns/keeps the car and in whose name the insurance is.
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See he can be nice.
Perhaps. But I would refer to my earlier comment...
"If you spoke with them with the same attitude, I'm not surprised you hit a wall."
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I have done just that with Elephant.
Just got my new car but want to keep my old one as well as its pretty much worthless to anyone but its a great car to take stuff to the tip/leave outside a pub on a saturday night etc.
I put my new car on my existing policy and opened a new one for purely SDP and TPFT and they gave me my no claims discount as well. Only paying just over a tenner a month for it which is nothing.
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Norwich Union also let me apply my full discount to a second car.
As when buying anything, no two suppliers are the same, you'll find by shopping around, there will be someone with the product you need.
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