A No-Claims Bonus question

[GrannyGranny]

Even if you have a no-fault accident and protected NCB it will still go on record that you had an accident and will affect your premium come renewal.

 

Also check your classic policy, pretty sure you can't build up any NCB on a classic policy. Certainly when I had my Golf GTI a few years ago this was the case.

 

You are effectively starting from scratch because its a new car to your on an additional insurance policy. Unless you can get a multi-car policy its quite separate from your other car's insurance.

[truman]

Even if you have a no-fault accident and protected NCB it will still go on record that you had an accident and will affect your premium come renewal.

 

Also check your classic policy, pretty sure you can't build up any NCB on a classic policy. Certainly when I had my Golf GTI a few years ago this was the case.

 

You are effectively starting from scratch because its a new car to your on an additional insurance policy. Unless you can get a multi-car policy its quite separate from your other car's insurance.

 

Yep, the policy for my "impulse buy" (as the OP called it ) neither uses nor accumulates any NCB..it's a limited miles policy but only costs around £125 so it's not too bad.

[WeX]

As I understand it NCB is applied to only one Vehicle (unless on a multi car policy with the same insurer). However most specialist insurers that deal with classics don't work the same way as mainstream companies.

 

My TVR is insured with RH Specialist insurance for 3K miles per year, with breakdown and recovery for UK and Europe included.

 

The cost is £108 this year.

 

Conditions of the policy are that the car is garaged, and that I have another vehicle for everyday use.

 

you cant drive two vehicles at the same time though.

[truman]

you cant drive two vehicles at the same time though.

 

I'm not sure what your point is here..?

[willman]

As I understand it NCB is applied to only one Vehicle (unless on a multi car policy with the same insurer). However most specialist insurers that deal with classics don't work the same way as mainstream companies.

 

My TVR is insured with RH Specialist insurance for 3K miles per year, with breakdown and recovery for UK and Europe included.

 

The cost is £108 this year.

 

Conditions of the policy are that the car is garaged, and that I have another vehicle for everyday use.

 

That was how it was explained to me - if your NCB is being used against car 1's insurance it can't be used again.

JUst as an aside my experience of classic insurance also means you build no further NCB for car 2(classic)

[quisquose]

Yep, the policy for my "impulse buy" (as the OP called it ) neither uses nor accumulates any NCB..it's a limited miles policy but only costs around £125 so it's not too bad.

 

That was my understanding, as limited as I have shown it to be, which I am puzzled why it's even an issue.

 

Probably just some admin jobsworth who doesn't realise it's a classic insurance.

[quisquose]

Well that was predictable, they want another £50.

 

Apparently it doesn't count as a classic car, it's not old enough. The only policies available (to them) are "enthusiast car" policies, and NCB is not relevant, just as with classic car policies, but hey, it's fifty quid more.

 

So I wasn't sold a classic policy at all, despite asking for one.

 

I explained to the sales guy precisely what this car was for, and that I was phoning them because they had a reputation for classic car policies. I explained that it would be garaged, used as a plaything in addition to my main car, and only coming out on sunny days and doing a few hundred miles a year. I answered yes to the question about NCB because that was what I thought my situation was. It wasn't explained to me at the time that NCB was relevant and only applies to one car at any time. The lady admitted that she didn't know that NCB only applies to one car until she started working in the insurance business.

 

I haven't told them to flock, but neither have they me. I'm not going to pay extra on a matter of principle, but also because I can get it cheaper elsewhere anyway.

 

She is going to listen to the recording of my previous telephone call and get back to me.

 

Not impressed.

[truman]

Well that was predictable, they want another £50.

 

Apparently it doesn't count as a classic car, it's not old enough. The only policies available (to them) are "enthusiast car" policies, and NCB is not relevant, just as with classic car policies, but hey, it's fifty quid more.

 

So I wasn't sold a classic policy at all, despite asking for one.

 

I explained to the sales guy precisely what this car was for, and that I was phoning them because they had a reputation for classic car policies. I explained that it would be garaged, used as a plaything in addition to my main car, and only coming out on sunny days and doing a few hundred miles a year. I answered yes to the question about NCB because that was what I thought my situation was. It wasn't explained to me at the time that NCB was relevant and only applies to one car at any time. The lady admitted that she didn't know that NCB only applies to one car until she started working in the insurance business.

 

I haven't told them to flock, but neither have they me. I'm not going to pay extra on a matter of principle, but also because I can get it cheaper elsewhere anyway.

 

She is going to listen to the recording of my previous telephone call and get back to me.

 

Not impressed.

 

What car is it out of interest?

[quisquose]

What car is it out of interest?

 

Golf Mk1 cabriolet.

[truman]

Golf Mk1 cabriolet.

 

OK sounds alright..it may help lower your premium if your were to become a member of the volkwagen owner's club or something like that..