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Insurance for new / additional car and how NCB is affected?

JT888

Active member
Joined
11 Jan 2016
Messages
37
Hi, I'm guessing some of us here have bought our Porsches as second cars after diligently building up No Claims bonuses based on our first (cheap to run) cars.

My question is, given that the norm appears to be the NCB you have built up applied to a particular car / policy and can't be shared to the new Porsche / second vehicle.

So... are there any Insurance companies that can at least "mirror" or "partially mirror" a NCB from another car / policy?

Sorry for the long windedness of the question.

In your experience do trackers / dash cameras make that much difference to policies?

I am a 39 year old IT professional, full time employment, car parked on driveway in cul-de-sac miles away from London!

Many thanks for any advice.
 
Every insurer I've used has been able to mirror NCBs... Admiral, Flux, Sky etc. When AIB quoted me they didn't even ask for NCB. Depending on what car you have, you can also try classic Insurance.

And a driveway is probably the highest risk place to leave a car!
 
I have had this same argument many times with Insurance companies over the years and no matter how much reasoning I try to use with them, none of the ones ive ever dealt with over 20 years let you use your NCB on more than 1 car.

In fact I tried to do this twice over the last few years. Once was when I had a 350z and it was costing me about £500 a month on fuel just to use it as my daily driver. I was offered a cheap old diesel to use as a daily driver. The 350z was worth about £15k and was costing me nearly £1000 a year to insure with my 20 years NCB. The diesel car was worth about £1200. No Insurance company would entertain the idea of adding it to my policy, even though surely if i was using the diesel as a daily runner and only using the 350z at the weekend, I would have been a much safer risk to them. So, it meant id have to pay a full premium on the old diesel car as if i had zero NCB which basically made it not financially worth while doing.

The only alternative I found was a multi-car policy, but then the quote I was getting from admiral (for example) for both cars was exactly the same as if I insured them both separately. Only difference was it meant I would be tied into admiral for both cars and if I found a cheaper quote upon renewal for either car and decided to move, they would automatically jack the premium up of the remaining car and charge an admin fee.

I had the same thing when I tried to add another motorbike to my bike policy a couple of years ago. Another Insurance company. They wanted double the premium to add a slower, cheaper bike to my main policy. Even though id be actually reducing the risk to them of me making any claim if i was riding the slower, cheaper bike.

As for where you keep the car, try some quotes on confused. When I last checked, saying the car was left in the garage was the most expensive option, driveway was cheaper and actually saying you left your pride & joy parked on a public road was miles cheaper. Apparently their logic is that if its on the street more people will see anyone try to steal it. If its shut away in a garage, thieves can spend as long as they want trying to steel it without anyone seeing it. (As mad as the logic is)
 
I've encountered this myself and its basically another Insurance company con. How can which car you're driving have any effect on when you last made a claim?

Chris.
 
Liverpool Victoria have been very good to deal with.

I transferred my existing policy from my BMW to the Porsche and then took out separate Insurance for my daily hack (Ford Focus).

The premium was slightly high for the Focus as it was classed as new policy, however they did take my other policy into account. And at the end of the first year with the Focus they will give me a second NCD that matches what I have on the Porsche. All in all I was happy with that.
 
Some great insight here. I have some news...

I was thinking of a worst case scenario, end the Insurance on the "family wagon", use that NCB against the new porker, then re-insure family wagon as the new policy as that would be cheaper to insure from a non NCB point of view.

I asked Admiral about adding the new car to my existing policy and they came up with an exorbitant figure. Strangely enough, when I rang them up and did a "New customer" enquiry, not mentioning my existing policy, my quote for the porker was less than half of the cost of adding it to the multi car policy. They then cottoned onto the fact I have a policy with them already and were able to use my "good behaviour" of NCB on my multicar as an "introductory" offer against a new policy with a substantial new customer discount!!!

:dont know:

I was about to take them up on their offer but then started looking at AIB as mentioned in the sticky at the top of the Insurance forum.

They are a broker as I am sure you good people already know. Murray listened to my situation, understood fully and looked for a policy as a brand new policy holder and managed to get a policy for me that is cheaper than Admirals "new customer" quote with a lower excess.

Just waiting for when the Specialist dealership can have my car ready and I'll arrange my Insurance with AIB.

:grin:

So.. even though NCB discounts are only applicable to a single car / policy, it certainly pays to shop around.

:lol:
 

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