Rob M
Posted a lot
Posts: 1,915
Club RR Member Number: 41
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Insurance advice please!Rob M
@zeb
Club Retro Rides Member 41
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Sept 20, 2015 11:40:29 GMT
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I would welcome some advice, from experience, on the following.
I'm currently running a 'modern' that my NCB is on and two 'classics' that have separate policies and, obviously,don't use my existing NCB on the policies.
One of the classics is being moved on and I want to replace it with something that will not fall into the classic insurance category, basically, it could be a big derv/petrol barge ( BMW/Merc etc) from around the mid 90s to very early 2000s.
On the basis that I'm keeping the modern so will be insuring the bought car on a standard type of policy that will really have a zero NCB on it, what issues am I looking at in terms of finding insurance and not being bummed by an insurer for the full monty premium. Still with me? I hope so!
To summarise, I want to by a car that will not be old enough to be classed a classic by will hardly be youthful but my existing no claims bonus will remain with my modern daily.
I'm 50 and don't live in the Bronx so are there any insurers out there that are more likely to not hit me too hard??
All advice greatly appreciated.
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taurus
Posted a lot
Posts: 1,084
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Sept 20, 2015 12:34:08 GMT
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I think I followed what you wrote - I was in a similar position a while back and to be honest all I can suggest is ringing round different companies and explain what you're doing over the phone. Some of them may do a multi-car policy and offer you a discount in terms of NCB to get your business.
Some time ago I added another (modern) car and based on my record I was offered a new policy beginning with 30% NCD.
Also bear in mind that different companies have vastly different attitudes to various cars. eg Having insured it for years Direct Line suddenly didn't want to touch my 2.2 Vectra - when I queried the jump in price they told me it was just a car they didn't want to cover. No logic to it, just what their statistics and computers throw up.
It's a question of setting some time aside and ringing round. If the person you speak to says they can't do anything ask if there's anyone else you can speak to. Last time I spoke to Direct Line I had three people tell me one thing, then the fourth person saw my point and sorted it out to my satisfaction.
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Rob M
Posted a lot
Posts: 1,915
Club RR Member Number: 41
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Insurance advice please!Rob M
@zeb
Club Retro Rides Member 41
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Sept 20, 2015 13:30:02 GMT
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Thanks for that, yep, looks like I will be ringing around and around......
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Sept 21, 2015 1:31:33 GMT
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The NCB isn't just for one car policy, you can insure another car and still tell them you have xx years no claims it doesn't make any difference to the other policy!
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taurus
Posted a lot
Posts: 1,084
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Sept 21, 2015 6:32:36 GMT
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The NCB isn't just for one car policy, you can insure another car and still tell them you have xx years no claims it doesn't make any difference to the other policy! Not sure I understand what you mean there. Usually NCB applies to a specific policy. If you buy another car that starts a new policy which begins from scratch. You can't use the same NCB on two separate policies. Unless you've found a company that will allow this - in which case - who is it?!!! |
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Dez
Club Retro Rides Member
And I won't sit down. And I won't shut up. And most of all I will not grow up.
Posts: 11,714
Club RR Member Number: 34
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Insurance advice please!Dez
@dez
Club Retro Rides Member 34
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Sept 21, 2015 8:11:45 GMT
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my insurer take into account my largest set of no claims on all policies, but i do have 3 cars insured with them.
other insurers i have recently got quotations with have also asked if i have NCB on other cars even though i wouldnt be using the NCB on the car I'm getting a quote for, so i think there is a bit of flexibility with most insurers regarding application of no claims bonuses.
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Rob M
Posted a lot
Posts: 1,915
Club RR Member Number: 41
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Insurance advice please!Rob M
@zeb
Club Retro Rides Member 41
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Sept 21, 2015 9:21:31 GMT
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my insurer take into account my largest set of no claims on all policies, but i do have 3 cars insured with them. other insurers i have recently got quotations with have also asked if i have NCB on other cars even though i wouldnt be using the NCB on the car I'm getting a quote for, so i think there is a bit of flexibility with most insurers regarding application of no claims bonuses. Ah,yes, I get that. First port of call would be the insurer of my existing modern then. Many thanks to you all for taking the time to reply, all appreciated! |
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Sept 21, 2015 11:13:26 GMT
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I had a similar issue - I spoke with A Plan in Thatcham as they offer a 'Cherished' car policy. (Only Thatcham)
Insurer was Marker Study I think, £150 with zero NCB on my old 1999 Merc Barge.
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96 E320 W210 Wafter - on 18" split Mono's - Sold :-(
10 Kia Ceed Sportwagon - Our new daily
03 Import Forester STi - Sold
98 W140 CL500 AMG - Brutal weekend bruiser! Sold :-(
99 E240 S210 Barge - Now sold
02 Accord 2.0SE - wife's old daily - gone in PX
88 P100 2.9efi Custom - Sold
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Rob M
Posted a lot
Posts: 1,915
Club RR Member Number: 41
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Insurance advice please!Rob M
@zeb
Club Retro Rides Member 41
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Sept 21, 2015 13:21:44 GMT
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I had a similar issue - I spoke with A Plan in Thatcham as they offer a 'Cherished' car policy. (Only Thatcham) Insurer was Marker Study I think, £150 with zero NCB on my old 1999 Merc Barge. Now that's interesting because that's around the era and the make that I'm looking at currently. Cheers  |
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Sept 21, 2015 13:51:51 GMT
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I had a similar issue - I spoke with A Plan in Thatcham as they offer a 'Cherished' car policy. (Only Thatcham) Insurer was Marker Study I think, £150 with zero NCB on my old 1999 Merc Barge. Now that's interesting because that's around the era and the make that I'm looking at currently. Cheers My issue is that I've had company cars for 25+ years. Only personal toys have been classics (Capri's mainly) After I got ill 6 yrs ago, I stopped driving altogether until the year before last. Got myself another classic, then another, then another. About 6 months ago, an S210 came up at a price I couldn't refuse - forgetting that I have no NCD! In the end, I got hold of A Plan and they sorted it as a 'Cherished' vehicle on a 6000 mile limited mileage. |
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96 E320 W210 Wafter - on 18" split Mono's - Sold :-(
10 Kia Ceed Sportwagon - Our new daily
03 Import Forester STi - Sold
98 W140 CL500 AMG - Brutal weekend bruiser! Sold :-(
99 E240 S210 Barge - Now sold
02 Accord 2.0SE - wife's old daily - gone in PX
88 P100 2.9efi Custom - Sold
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Sept 22, 2015 0:59:55 GMT
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The NCB isn't just for one car policy, you can insure another car and still tell them you have xx years no claims it doesn't make any difference to the other policy! Not sure I understand what you mean there. Usually NCB applies to a specific policy. If you buy another car that starts a new policy which begins from scratch. You can't use the same NCB on two separate policies. Unless you've found a company that will allow this - in which case - who is it?!!! When you take a new policy simply tell them that you have not made a claim for xx years and you will get the appropriate discount it doesn't matter how many other policies you have. |
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Sept 22, 2015 2:46:57 GMT
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When I rang my insurers to get cover on my Wolseley the woman on the phone said "What's a Wolseley? I've never heard of it."
Good luck getting yours sorted.
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taurus
Posted a lot
Posts: 1,084
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Sept 22, 2015 8:05:19 GMT
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Not sure I understand what you mean there. Usually NCB applies to a specific policy. If you buy another car that starts a new policy which begins from scratch. You can't use the same NCB on two separate policies. Unless you've found a company that will allow this - in which case - who is it?!!! When you take a new policy simply tell them that you have not made a claim for xx years and you will get the appropriate discount it doesn't matter how many other policies you have. I thought that's what you meant but it's never worked for me. Everytime I add a new vehicle I tell them I've got several policies with full NCB and I still have to haggle to get an introductory discretionary discount on the new policy. If there is an insurer who gives you NCB from current policies on a new policy it would be good to know who it is - 'cos it's a pain having to haggle every time. |
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Sept 22, 2015 12:31:03 GMT
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Of course you have to haggle, Insurance brokers are there to make a profit so wont freely tell you about discounts.
Approach it from a different angle don't tell them you have several policies with NCB, tell them you have xx years claim free driving and also have other cars insured elsewhere. as long as you don't lie when asked a direct question (don't offer any additional info if they don't ask) and can prove your claim free history, usually by asking your insurer to write a letter confirming this that's all they need to know.
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Last Edit: Sept 22, 2015 12:40:25 GMT by Deleted
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taurus
Posted a lot
Posts: 1,084
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Sept 22, 2015 16:48:58 GMT
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I think we're actually saying exactly the same thing really. They can offer you a discretionary discount - but usually an additional policy won't automatically benefit from any NCB you've got on existing policies.
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Sept 22, 2015 18:38:27 GMT
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Some companies will let you take a classic policy out if it's 15 years old and not your main car. I Believe footman James fall In to that category.
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Sept 29, 2015 15:08:49 GMT
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Some companies will let you take a classic policy out if it's 15 years old and not your main car. I Believe footman James fall In to that category. Might depend on the car model but Footman James couldn't help me with a '96 W124 Benz just last week and said the same thing about a '97 W210 Benz a few months ago. My classic policy with Peter James is basically the same, which is why I was shopping around, they will add a car between fifteen and twenty five years old to a multi-car policy but it introduces so many restrictions that I suspect they don't really want you to do it. When you take a new policy simply tell them that you have not made a claim for xx years and you will get the appropriate discount it doesn't matter how many other policies you have. I thought that's what you meant but it's never worked for me. Everytime I add a new vehicle I tell them I've got several policies with full NCB and I still have to haggle to get an introductory discretionary discount on the new policy. If there is an insurer who gives you NCB from current policies on a new policy it would be good to know who it is - 'cos it's a pain having to haggle every time. The above "I have not made a claim for x years" has never worked for me either, they want to know whether or not you were awarded NCB and they will generally use that term (or the full No Claims Bonus or No Claims Discount) and it's usually stated in the Ts&Cs what they mean by the term. With bike policies it seems to be common that they will write to you and seek permission to get the data from your previous insurer but that'll be because fraud is a huge known issue with bike insurance. I'm always very careful when dealing with insurers. They record their calls and keep them for years. If they ask about NCB I don't think you can get away with saying "I have x years with no claims" because that would also be the case if you'd simply not had a car or a policy for x years and that pretty obviously (to me anyway) not what they're asking. And they will gut you like a fish if you make a claim and the details you gave don't stack up. |
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