Insurance Question

[Eric]

Ok, any help with this one much appreciated.

If you own 2 cars do you need to have 2 seperate policies, 1 for each vehicle, and if so how do you go on about you're NCB ?.
I have only recently found out that you cannot have NCB on more than one policy ie: If you have one policy running you cannot take out a new one and claim to have x amount of years no claims.
So which route do I take, cos the second policy doubles in price with zero years NCB. Can you just have one policy which covers the 2 vehicles and thus will give me the NCB I have built up over many years ?
Hope that makes sense

[Tammer]

why can't you have two lots of no claims? i'm sure you can, as my mum has two cars insured under her name, with 9 and 3yrs NCB respectively.

[Eric]

I don't think I put it clearly, I already have 9 years NCB on my current insurance, but if I take out a new policy it cannot be used on the new policy. You need to start from scratch on that one. Hope that makes it a little clearer. Could you're mum not have the 2 vehicles on 1 single policy ?

[Pegasus]

Can you just have one policy which covers the 2 vehicles and thus will give me the NCB I have built up over many years ?

If you can find a broker to give you this type of cover, then yes.

[stevie2001]

Hi m8

Have a look here you can insure upto 4 vehicles on one policy.

http://www.ecarinsurance.co.uk/

They`re damm cheap as well, just insured one our lads on his first car £200 cheaper than anywhere else I could find.

Hope this helps.

steve

[God is a DJ]

my ma insures both her and mine car under the same policy and has no claims on both. dont know exactly who shes with but was thru AA

DJ

[Tammer]

Ahh right, sorry. I misread the meaning.

I have heard of people getting NCB "mirrored" for a 2nd policy, usually by a bit of haggling. Tbh, if you've been with an insurer long enough to get 9yrs NCB, they should know you're not that much of a risk to them, so if you plead your case right, you shouldn't have a problem.

Just try ringing about, starting with another call to your current insurer.

[welshman443]

was in the same boat last year and the best i could find was half my no claims on the second policy couldnt find a policy that would cover the 2 cars had to get my mother to insure the other and name me.

[adecalibra]

alot of companies will actually give you a around 60 % discount on a 2nd car policy, although this discount is non transferable. cant quite remember which ones off my head. but i actually took a policy of this type out bout 3 yrs ago. kept my no claims on main car and took out policy on other vehicle, they just mirrored the bonus from one car to the other

[Over Carl]

A lot of fuly comprehensive policies will allow you to drive "someone elses" car third party. I.e. as long as car two is not registered in your name, you can drive it 3rd party.

The only catches are a) if you crash car two they will only pay out for damages to the other party.

b) the ins on car two will only be valid whilst you are actually driving the car - not whilst it is parked up.

c) Some ins companies put an engine size restriction on other cars.

I know this is correct, I remember years ago getting a copper to look through and verify that according to my mum's policy on which I was 2nd driver, I could drive round in the main insured car, and she could drive round insured in my car.

[Eric]

Part 2:
OK This seems a bit of a bloody rip off to me :
As mentioned before I have 2 vehicles, 2 seperate policies, one with 9 yrs NCB.
So I decided to cancel my NCB on my BMW and transfer it to my Corsa and then put my son on the Corsa as a named driver.
Initial quote £650 fully comp. Excellent I thought.
Then after speaking to the insurer of the Corsa again and they realised that I had 2 cars guess what. The new quote for the Corsa suddenly goes up to, you won't believe this, ------------------------------------£2300
They said that insurers just assume that because I have 2 cars, I will be using 1 of them leaving the other car for my son to drive. To me the important thing here is that they just ASSUME and then the price near enough bloody quadruples.
Anyone know a way around this, or if it is indeed every Insurance Company that have this policy.
I'd be interested to know other peoples circumstances if similar.
Thanks

[TwoPlAnKs]

lol, just put the corsa in your sons name. he'll be about a grand a year with you as a named driver. not as good as £650 a year with him as a named driver but its not as bad as £2300

[Swiss Tony]

if you've got 3 cars take ouyt a fleet plolicy for about 2.5k........

[welovegypos]

They said that insurers just assume that because I have 2 cars, I will be using 1 of them leaving the other car for my son to drive.

Is that not what you're going to be doing?

One way around it is to insure yourself on both cars as named driver and do not insure your son on either policy. Instead take out a policy on the corsa that allows you to let any driver of any age drive the car with your permission (ie your son.) This means your son wont be able to build up any ncb which is a downside.

I've just switched from policy like i described, my father paid around £400 per year to be insured on my 1.6 VW polo including the option to allow anyone to drive it. I've just switched so i'm now a named driver and i'm paying a grand with churchill.

A word of warning, the reason for the switch is that now i'm at university and i keep my car with me, should i have an accident and the insurance company discover that the car which they believe my retired father uses to potter down to the shops, is in fact kept in a completely different city (manchester, M14, the most burgled postcode outside london) to where my dad resides (a little village on the outskirts of nottingham), and is driven daily by his 20 year old son, they probably have pretty good grounds for telling you to sod off. Not exactly full disclosure is it?

Nick

[Eric]

Is that not what you're going to be doing?

One way around it is to insure yourself on both cars as named driver and do not insure your son on either policy. Instead take out a policy on the corsa that allows you to let any driver of any age drive the car with your permission (ie your son.) This means your son wont be able to build up any ncb which is a downside.

I've just switched from policy like i described, my father paid around £400 per year to be insured on my 1.6 VW polo including the option to allow anyone to drive it. I've just switched so i'm now a named driver and i'm paying a grand with churchill.

A word of warning, the reason for the switch is that now i'm at university and i keep my car with me, should i have an accident and the insurance company discover that the car which they believe my retired father uses to potter down to the shops, is in fact kept in a completely different city (manchester, M14, the most burgled postcode outside london) to where my dad resides (a little village on the outskirts of nottingham), and is driven daily by his 20 year old son, they probably have pretty good grounds for telling you to sod off. Not exactly full disclosure is it?

Nick

I'm sure there would be something about the drivers not living at same address or age limits that would probably stop me on that one. My grip is the fact that as a named driver he could drive the bloody car all day every day for £650, but cos of the fact I own 2 cars they then class him as the main driver and the cost spirals into silly money. I just can't see the difference, cos with 1 car he could just use it more often than me anyway, so does that not class him as the main driver also ?

should i have an accident and the insurance company discover that the car which they believe my retired father uses to potter down to the shops, is in fact kept in a completely different city (manchester, M14, the most burgled postcode outside london) to where my dad resides (a little village on the outskirts of nottingham), and is driven daily by his 20 year old son, they probably have pretty good grounds for telling you to sod off. Not exactly full disclosure is it?
Nick

You could just say he was visiting and you nipped out to the shops in it

[Eric]

is in fact kept in a completely different city (manchester, M14, the most burgled postcode outside london)

Nick

My god I just realised you're in the same city as me, just hope if you do have a bump it's not my car you hit. Must avoid M14 at all costs

[bobbobb]

A lot of fuly comprehensive policies will allow you to drive "someone elses" car third party. I.e. as long as car two is not registered in your name, you can drive it 3rd party.

The only catches are a) if you crash car two they will only pay out for damages to the other party.

b) the ins on car two will only be valid whilst you are actually driving the car - not whilst it is parked up.

c) Some ins companies put an engine size restriction on other cars.

I know this is correct, I remember years ago getting a copper to look through and verify that according to my mum's policy on which I was 2nd driver, I could drive round in the main insured car, and she could drive round insured in my car.

Well there is a problem with this and that is the other car you are allowed to drive must be insured by someone else even though your insurance covers you and how will you tax the car as you cant tax a car without that cars reg on the policy.

BUT help is at hand you can buy a traders policy which means you can change your car as often as you like and anyone can drive it fully comp but these tend to be about £2000 and belive me thats cheap

hope this helps

[welovegypos]

I'm sure there would be something about the drivers not living at same address or age limits that would probably stop me on that one. My grip is the fact that as a named driver he could drive the bloody car all day every day for £650, but cos of the fact I own 2 cars they then class him as the main driver and the cost spirals into silly money

Erm, if you read what i wrote, the policy i describe is something that i've already done. I specifically said you can take out a policy where you are allowed to let ANYONE OF ANY AGE drive the car with your permission, so long as they have a license. It doesnt matter who they are how old they are or where they're from. There's nothing to stop you.

CIS offer policies like this and im sure many other insurers do too. I understand what you're annoyed about, thats just the way it is unfortunately, im suggesting a way round it.

hope this helps.

[Over Carl]

bobbobb, I had recieved the same response whilst on the phone to Zurich insurance once, but the other two times I was given same response as the copper who I showed some (AA this time) paperwork to. Basically what they said was the insurance will car the car - so long as you are driving it - moment you leave it parked up somewhere, insurance stops covering it - therefore you can drive wherever, just can't leave the damn thing on a public road anywhere.