Can I insure both of my cars on separate insurance policies to get my no claims discount?
I'm investigating buying a fun car. My current insurance company does not offer multicar policies, however another insurance company I've spoken to does. They state that, even though there is only one of me, I can't have my 11 years+ of No Claims Discount that I've built up on both cars in a multicar policy. They advised that I could have an introductory discount equivalent to it, but it may not be recognised by another company if I should keep two cars and change insurance firms. Is this right? Alternatively, could I have two policies with two different companies and have the well earned NCD running in tandem on both?
Asked on 9 March 2017 by Grumpy GrandDad
Answered by
Honest John
They have told you their terms. If you have built up 11 years + NCD on both separate policies then you can re-insure both cars separately and, depending on the insurer, transfer whatever NCD they allow to each policy separately. Multicar policies are usually treated like Trade Policies, allowing no accumulation of NCD.
We give you the low down on how to save on insurance, little-known tricks and tips, what insurance groups mean and how to use insurance aggregators to beat insurers.
Insurance group finder and how to save on insurance
Dear Honest John,
Please help me choose my next car. I would like it to have:
Please help me choose my next car. I would like it to have:
Similar questions
In December, our car was showered in gravel from a lorry that sped by. Our windscreen was cracked and the stones left my driver door and bonnet covered in stone chips. My insurer, LV, are treating this...
I'm over 80 year old, returning to the UK with an EU licence and maximum no claims bonus. Where is the best place to obtain insurance?
I saw you mention to someone else that it may be possible to claim for future increases in premiums due to another driver's error. Its been my intention to keep all potentially insurable events a secret...
.jpg)
