No claims bonus question after 2 years

[axil23]

A friend of mine lost his licence for a year and then didn't bother buying a car for another year. Now he has bought a car and his Insurance company says that he has lost his 5 years no claims bonus as he was uninsured for two years.

 

Is that true? Anyway around this?

[BRIGADIER2JCS]

I believe cover has to be continuos to qualify for NCB.,

although if you have been insured by an employer and

have a good record then that can be taken in to consideration.

[unclebulgaria67]

I believe cover has to be continuos to qualify for NCB.,

although if you have been insured by an employer and

have a good record then that can be taken in to consideration.

 

Correct. Although most Insurers will accept no claims discount proof that is up to 2 years old, where a person has not had Insurance, perhaps because they did not have a car to insure.

 

There are a few that may accept no claims proof up to 3 years old, providing the person meets all the other underwriting criteria. The last time I read about this, these were Coop and Aviva via an Insurance broker ( Cobra Insurance brokers has been mentioned). It may be worth speaking to a local brokers, as they may have more up to date knowledge on this.

[BRIGADIER2JCS]

Agreed but not after a DQ.

[unclebulgaria67]

Agreed but not after a DQ.

 

Yes that may be a problem.

[axil23]

Correct. Although most Insurers will accept no claims discount proof that is up to 2 years old, where a person has not had Insurance, perhaps because they did not have a car to insure.

 

There are a few that may accept no claims proof up to 3 years old, providing the person meets all the other underwriting criteria. The last time I read about this, these were Coop and Aviva via an Insurance broker ( Cobra Insurance brokers has been mentioned). It may be worth speaking to a local brokers, as they may have more up to date knowledge on this.

 

Thank you

[BRIGADIER2JCS]

Thank you

The disqualification must be declared if not any policy will

be invalidated (material non disclosure) and it will show up

when checks are done and insurers will decline.

[axil23]

The disqualification must be declared if not any policy will

be invalidated (material non disclosure) and it will show up

when checks are done and insurers will decline.

 

Off course.... Thanks

[Trojan1401]

A disqualification though will NOT invalidate your NCD. Rule of thumb is 2 years but certainly Aviva and CIS (Co-op) spring to mind. Might be worth speaking to Tesco too.

[axil23]

A disqualification though will NOT invalidate your NCD. Rule of thumb is 2 years but certainly Aviva and CIS (Co-op) spring to mind. Might be worth speaking to Tesco too.

 

What you mean they will honor the 5 year NCD? So when my year finishes will I still have 5 year NCD if I move to a new company?

[unclebulgaria67]

What you mean they will honor the 5 year NCD? So when my year finishes will I still have 5 year NCD if I move to a new company?

 

You might find that many companies won't quote and those that do, won't honour NCD proof that is more than 2 year old. You will have to find out. Talk to a local broker.

[axil23]

You might find that many companies won't quote and those that do, won't honour NCD proof that is more than 2 year old. You will have to find out. Talk to a local broker.

 

Thanks