Multi Car insurance?

gandalf

I am trying to buy a 2nd car at the moment and assumed (probably based on UK ads that we are exposed to) that I could insure it under my existing policy. Just after getting off the phone to my insurer Allianz after a very frustrating call to find out the 2nd car will have to have a new policy with 0 ncb.

Is there any insurer in the Irish market offering this or are we getting the shaft as usual. If there is not only will I transfer my existing car insurance to them I will also move my house insurance from Allianz as well. Especially considering they tried to shaft me on the renewal of my car insurance last year, only after I shopped around did they lower their quote. As an existing customer I would have expected the best price first off.

Given the "meh" attitude from the CS rep I will probably be moving from them anyway.

OwaynOTT

I think Setanta mirror your no claims bonuses on your other car.

dubal

Just looking at this myself and hit a few complications.

You must pay for the full year of car insurance with Setanta, and they only refund 75% of the pro rata amount in the first year, if you cancel.

They weren't too competitive either in the luxury category, €750 versus €520 at 123.ie

Any other options?

Dubal

Mar4ix

i have second car, looking to insure it ... looking for company , which mirroring ncbs.

CiniO

I was trying to do the same few years back, and didn't find a single insurace company that would accept by NCB on 2 cars.
I was shocked.

Finally we got insurance on sencond car on my wife's name. Even I had full NCB, she had none, it was cheaper to get it in her name.

ShadowHearth

Welcome to Ireland. I tryed to do thing with skyline+ runaround for work.

Not a hope. 2 policies, which destroys the actual purpose of runaround as everything becomes double..

Henry Ford III

CiniO wrote: »

I was trying to do the same few years back, and didn't find a single insurace company that would accept by NCB on 2 cars.
I was shocked.

Finally we got insurance on sencond car on my wife's name. Even I had full NCB, she had none, it was cheaper to get it in her name.

Why would anyone expect an insurer give you a big discount on a new policy?

NCB's are earned by making no claims.

p.s. Some classic car policies can have multiple cars covered. The thinking is presumably that whilst the owner is driving one classic, they cannot be driving the 2nd.

voxpop

Henry Ford III wrote: »

Why would anyone expect an insurer give you a big discount on a new policy?

NCB's are earned by making no claims.

Why is an NCB applicable to an insurance policy on 1 car and not a 2nd. The NCB is earned because the person has not claimed, so should be applicable for all policies even if they are in parallel.

ShadowHearth

Henry Ford III wrote: »

Why would anyone expect an insurer give you a big discount on a new policy?

NCB's are earned by making no claims.

p.s. Some classic car policies can have multiple cars covered. The thinking is presumably that whilst the owner is driving one classic, they cannot be driving the 2nd.

You don't make any sence. If I did not made any claim it means I didnt. No matter what car I drove. Why should I biuld up new ncbs on second policy? I just even sounds funny: I did not claimed 5 years on thus policy, and then I did not claimed 2 years on this one...


And I presume you can't be driving 2 cars at the same time. You wount have enought hands, legs, eyes and asses. So why should people pay for each car separate?

Mar4ix

ShadowHearth wrote: »

You don't make any sence. If I did not made any claim it means I didnt. No matter what car I drove. Why should I biuld up new ncbs on second policy? I just even sounds funny: I did not claimed 5 years on thus policy, and then I did not claimed 2 years on this one...


And I presume you can't be driving 2 cars at the same time. You wount have enought hands, legs, eyes and asses. So why should people pay for each car separate?

Id say its matter of business, make money from people. If you can afford second car, pay insurance from 0 ncbs. It is silly , cant understand this, like I am different driver on second car ??... we lucky that we no need make another driver license on second car

Henry Ford III

voxpop wrote: »

Why is an NCB applicable to an insurance policy on 1 car and not a 2nd. The NCB is earned because the person has not claimed, so should be applicable for all policies even if they are in parallel.

Not claimed on that policy. The 2nd car needs a new policy where the NCB hasn't been earned however.

I can see the logic in having a "fleet" type policy where you have insured driving only. In that instance where the insured drives one of the cars he/she cannot physically be driving another. The only cover running on a 2nd or subsequent car would be fire/theft.

Such cover isn't available unfortunately.

ShadowHearth

P.s imagine you crashed and claimed with your second policy. Then you are renewing your first policy. You get asked: did you had any claims or accsidents in last 3 years? You answer: oh yeah I crashed 2 weeks ago, destroyed a house, 3 cars, ran over the dog, but don't worry, it was on my ather policy, I still got 5 ncbs on this one with no accsidets history!

Mar4ix

ShadowHearth wrote: »

P.s imagine you crashed and claimed with your second policy. Then you are renewing your first policy. You get asked: did you had any claims or accsidents in last 3 years? You answer: oh yeah I crashed 2 weeks ago, destroyed a house, 3 cars, ran over the dog, but don't worry, it was on my ather policy, I still got 5 ncbs on this one with no accsidets history!

Henry Ford III

ShadowHearth wrote: »

P.s imagine you crashed and claimed with your second policy. Then you are renewing your first policy. You get asked: did you had any claims or accsidents in last 3 years? You answer: oh yeah I crashed 2 weeks ago, destroyed a house, 3 cars, ran over the dog, but don't worry, it was on my ather policy, I still got 5 ncbs on this one with no accsidets history!

That'd be fair enough. It's just the way insurance policies work.

p.s. The insurer might load your gross premium on the 1st policy depending on several factors relating to claim/crash covered under another policy, but your NCB would still apply in full.

gandalf

Well after ringing around looks like I will have to stick with Allianz, the lack of choice in this market is pathetic especially looking over the Irish Sea at the choice our UK cousins have. I will get it insured under my wifes name with me as a named driver as even though she hasn't got a ncb it is cheaper for her to get it insured? God I hope this doesn't mean a major increase in the renewal of my existing car insurance in May (I fear it does though!).

A waste of a morning ringing around

ShadowHearth

Henry Ford III wrote: »

That'd be fair enough. It's just the way insurance policies work.

p.s. The insurer might load your gross premium on the 1st policy depending on several factors relating to claim/crash covered under another policy, but your NCB would still apply in full.

But isn't the ncb - no claim bonus? How stupid it will look? I claimed On one policy for murder, but I am clean on ather one?

It's just stupid insurance policy which is obviously wrong and broken, but I guess we will bitch about it, then get our thumb in the mouth, go to sleep and forget about it tommorow...

voxpop

Henry Ford III wrote: »

Not claimed on that policy. The 2nd car needs a new policy where the NCB hasn't been earned however.

Thats kind of my point - The policy is relating to the person,not the car. When you sell your car you dont loose your NCB.

gandalf wrote: »

A waste of a morning ringing around

Did you try setanta, First Ireland, carol nash,etc - I dont think any of the big guys will do it but some of the smaller ones might be interested in your business

The other option is to "sell" the car and drive it under your own insures 3rd party extension - probably only useful if you drive the car infrequently

gandalf

voxpop wrote: »

Did you try setanta, First Ireland, carol nash,etc - I dont think any of the big guys will do it but some of the smaller ones might be interested in your business

Yeah they will not quote because my wife has a EU driving license and I had a small prang last year (I damaged a cars rear wing which parked beside on the blind side as I was reversing out of a supermarket car park) which didn't effect my ncb (9 years!) but will negate me from getting a policy from them.

Henry Ford III

voxpop wrote: »

Thats kind of my point - The policy is relating to the person,not the car. When you sell your car you dont loose your NCB.

Comes down to terms and definitions, and insurance/contract law, which is complex. The insured is the policy owner. He/she may earn a NCB, but under this policy only. The cover relates to the vehicle under this policy only.

I can appreciate where in the case of driver only cover only one vehicle can be driving at any one time. The only risk for a 2nd or subsequent vehicle would be fire/theft.

However there's almost always another named driver who potentially could be driving a 2nd vehicle at any time - and therefore the risk increases.

As I said it's quite complex.

ShadowHearth

Henry Ford III wrote: »

That'd be fair enough. It's just the way insurance policies work.

p.s. The insurer might load your gross premium on the 1st policy depending on several factors relating to claim/crash covered under another policy, but your NCB would still apply in full.

But isn't the ncb - no claim bonus? How stupid it will look? I claimed On one policy for murder, but I am clean on ather one?

It's just stupid insurance policy which is obviously wrong and broken, but I guess we will bitch about it, then get our thumb in the mouth, go to sleep and forget about it tommorow...

O.A.P

gandalf wrote: »

Yeah they will not quote because my wife has a EU driving license and I had a small prang last year (I damaged a cars rear wing which parked beside on the blind side as I was reversing out of a supermarket car park) which didn't effect my ncb (9 years!) but will negate me from getting a policy from them.

Ring Munstergroup I have a mirrored policy with them (They are brokers) for the last 5 years .The only number I have handy is for claims but Im sure they will put you through to the right section 018720179.
Good luck.

eskerman

Interesting read this.. prompted me to reply..

I have the same problem with my Insurers RSA & AA as the middle man broker. I kinda thought the AA would have some influence to get my full NCB mirrored in a second car policy that I am considering but sadly my 37 years accident and claims free driving doesn't wash with them... Total RIP off in my opinion, and despite my persistence to get them to explain to me the reason why I was not getting my NCB mirrored.. the answer was " its the underwriters decision in conjunction with the Irish law"..!

Its a way to get more money from you.. simple. No joined up thinking here, just get more money.

Sad reality and no way to challenge it.. take it or leave it.

Paul.

tatli_lokma

eskerman wrote: »

Interesting read this.. prompted me to reply..

I have the same problem with my Insurers RSA & AA as the middle man broker. I kinda thought the AA would have some influence to get my full NCB mirrored in a second car policy that I am considering but sadly my 37 years accident and claims free driving doesn't wash with them... Total RIP off in my opinion, and despite my persistence to get them to explain to me the reason why I was not getting my NCB mirrored.. the answer was " its the underwriters decision in conjunction with the Irish law"..!

Its a way to get more money from you.. simple. No joined up thinking here, just get more money.

Sad reality and no way to challenge it.. take it or leave it.

Paul.

I have a mirrored policy via AA so they can do it if they want. Although I should point out that initially I played dumb when taking out the second policy for the first time...I realised when taking to the agent that they didn't know the company standard response stating 'we don't offer this' so I took my opportunity when I saw it. Now that they have agreed to it they have to honour it. Have had it 3yrs now. Means I can't move the cover on that car elsewhere but I can live with that as generally AA are quite good at price matching anyway.

rb25

I had the same issue a few years back with a car I imported. Allianz simply would not insure both cars for me. I had to go to another company to get a second policy.

On my first policy it said that I was insured to drive any car with the owners consent - I think this is called "open driving".

So I guess I could have just driven the second car under that clause in the policy.

Afterwards I thought about it and decided if I was insuring two cars again I would just get one insurance policy and call them each time I wanted to drive the other car and swap the policy onto it. It is impossible for me to drive both cars at the same time so I don't know how they can justify this practice.

It's a complete rip-off by insurance companies. The sole reason for it is to get more money out of you.

Merch

rb25 wrote: »

I had the same issue a few years back with a car I imported. Allianz simply would not insure both cars for me. I had to go to another company to get a second policy.

On my first policy it said that I was insured to drive any car with the owners consent - I think this is called "open driving".

So I guess I could have just driven the second car under that clause in the policy.

Usually, open drive on another car is one you dont own, Id check the policy details, it might even require it not to be kept/registered at the same address you live at.

Afterwards I thought about it and decided if I was insuring two cars again I would just get one insurance policy and call them each time I wanted to drive the other car and swap the policy onto it. It is impossible for me to drive both cars at the same time so I don't know how they can justify this practice.


It's a complete rip-off by insurance companies. The sole reason for it is to get more money out of you.

If you dont mind the vehicle not being insured the remainder of the time, one of them would be uninsured for fire or theft (assuming you were going to get that cover), the other thing is
if they charge administrative charges for such changes, that might possibly make it not worth it financially.

kerten

Are we assuming that;

If a person with two separate ncb built up claims from one of the policy, other policy won't be affected at renewal after claim is disclosed to both insurers ?

My guess is second insurer would love to calculate a loaded up premium based on this claim then apply unclaimed ncb discount on it.

My opinion is insurers never lose in this game.

Anybody confirms/corrects me ?

Popoutman

The only way I could put insure my cars efficiently was to wait until the MR2 was old enough to be considered under a classic policy. €700 odd for an A4 estate diesel, and a '91 2.0NA MR2.

I still think that there would be a large enough market for a specialist insurance for multiple cars owned by one person, that's not a garage.

It comes down to all the insurers seeing that if nobody puts that type of product out there, the overall worth of the market to the insurers stays high. It's almost as if most of the insurers do not particularly want to have customers..

Popoutman

If someone has multiple policies, any accidents or claims must be notified to all of the insurers, based on the text of the policies I've seen. "Have you had any claims" without any qualifiers, applies across all driving not just the policy being renewed.

useless

When I worked in insurance the only "fleet" type policies that were available to people outside the car trade that I saw were a component of 'all-in' high net worth policies from the likes of Chubb. These policies would cover your houses, art, jewellery, yacht, and all the cars in the household. Some of the annual premiums were in the high five figures though...

Del2005

kerten wrote: »

Are we assuming that;

If a person with two separate ncb built up claims from one of the policy, other policy won't be affected at renewal after claim is disclosed to both insurers ?

My guess is second insurer would love to calculate a loaded up premium based on this claim then apply unclaimed ncb discount on it.

My opinion is insurers never lose in this game.

Anybody confirms/corrects me ?

Yes, your premium on all policies will increase if you make a claim on one. Your 2nd policy will retain it's full NCD, but since you've made a claim you are now a higher risk so they'll that into consideration when calculating quote.

kuro2k

eskerman wrote: »

Interesting read this.. prompted me to reply..

I have the same problem with my Insurers RSA & AA as the middle man broker. I kinda thought the AA would have some influence to get my full NCB mirrored in a second car policy that I am considering but sadly my 37 years accident and claims free driving doesn't wash with them... Total RIP off in my opinion, and despite my persistence to get them to explain to me the reason why I was not getting my NCB mirrored.. the answer was " its the underwriters decision in conjunction with the Irish law"..!

Its a way to get more money from you.. simple. No joined up thinking here, just get more money.

Sad reality and no way to challenge it.. take it or leave it.

Paul.

2 years ago AXA mirrored my 5 year NCB on a second car so it can be done. You need to call into your local office...

96 Toyota hilux surf & 96 BMW 320i cabrio, I've compressive cover, windscreen protection, breakdown cover and NCB protection on both policies for 750 EUR with no mileage limit

Personally I wouldn't switch cover between cars are leave one uninsured for a period of time.

josh_cruiser1

I was just talking to AXA and they would do it. The CS rep asked me to cancel my existing policy (RSA) and get the NCB certificate; he then quoted me for two cars, mirroring my 5 year NCB.

Give them a call and explain; the one I talked to is Michael. Hope this helps.