Second car written off, will this affect ncb on first car?

amdublin

Okay so second car has been crashed and written off (no fault of anyone - mechanical error)

Will this affect no claims bonus on first car / other insurance policy??

Two separate insurance companies/two separate brokers if that makes any difference.

Any ideas folks?

Donnelly117

Not if you dont make a claim. If you do make a claim then it affects all policys and you will be expected to notify the second insurer when you renew...I think.
The fact that the companies are separate doen't matter as the claim will be on your record.
I am open to correction on this though.

amdublin

I will be making claim.
But on second policy.

I definitely have ncb on my first policy.
I don't think I have ncb on my second - in fact from what I can see on the Internet, you can only have an ncb on one policy...

Therefore if I never got any reduction/don't have an ncb on the policy that I am making a claim on, why should it affect the policy that does?

Not

amdublin wrote: »

I will be making claim.
But on second policy.

I definitely have ncb on my first policy.
I don't think I have ncb on my second - in fact from what I can see on the Internet, you can only have an ncb on one policy...

Therefore if I never got any reduction/don't have an ncb on the policy that I am making a claim on, why should it affect the policy that does?

Not entirely correct. You can have a second policy for a second car, but you cannot use the ncb for the first policy on the second policy, it must start from stratch ncb wise and can then clock up its own ncb over time. AFAIK the two ncbs can never be combined, therefore the ncb on each policy can only used for any policies following on from that policy only. If you go back to one policy, you loose the ncb for the one you terminate (unless you resurrect the second policy or a successor to it within a period of time)

Given this, I would guess (I'm not an expert) that if you make a claim on the second policy it will undoubtedly affect any ncb existing on that policy (or its entitlement to an ncb going forward) unless you have in the policy an ncb protection arranagement, but I think it should not affect the ncb of the first policy.

But anyway, as mentioned above, you will have to state the fact you have made a claim on the second policy for any future policy quotes or renewal quotes in repect of either of the policies (or any other), which will probably attract a loading on the first policy on its renewal.

Like with penalty points, there may be an onus on you to inform the insurers for the first policy asap as it may be seen as a change of circumstances on which you were quoted for your current insured period, even though the claim is not relating to that policy. Check the small print for any general clauses that could be interpreted to include this situation.

amdublin

Hey, thanks for both your replies but I'm still not entirely clear!

Some more info for clarity.
Car 1 - main car, 6 years ncb.
Car 2 - second car, no ncb on it, this is the write off.

Making the claim on car 2/policy.

I'm assuming it will not affect car 1/policy 1's ncb at renewal.
But I think it will affect the quote given (will be seen as higher risk as have a claim??)

Any other thoughts/info people?

Cee-Jay-Cee

For the last ten years or do I have had two cars and two separate policies. I queried it with several insurance companies and was told that if I have a claim on car 1 it does not effect my NBC for car two as I would not be claiming against that policy and therefore the NBC remains intact.

I wouldn't tell the first company about the claim. You have a full intact NBC and that's all that's of concern to them.

68 lost souls

On renewal you will have to inform them in response to the question "have you had an accident in the las3/5 years?"

shooter88

CJC999 wrote: »

For the last ten years or do I have had two cars and two separate policies. I queried it with several insurance companies and was told that if I have a claim on car 1 it does not effect my NBC for car two as I would not be claiming against that policy and therefore the NBC remains intact.

I wouldn't tell the first company about the claim. You have a full intact NBC and that's all that's of concern to them.

You have to report anything to the 1st insurance company the same as penalty points at time or renewal if not and you had a crash they could walk..I'm pretty sure it will say on your renewal to notify them of any changes or claims

amdublin

Thanks all but still not seeing conclusive answer. Any other thoughts anyone please?!

Perchance does anyone work in the insurance biz and could answer definitively?

RustyNut

Try ring them in the morning and ask how it will affect you, then you can let the rest of us know.

amdublin

RustyNut wrote: »

Try ring them in the morning and ask how it will affect you, then you can let the rest of us know.

Cheers will do. But for the moment it is Sunday and I am wondering if anyone has had the same experience as me, or works in the insurance biz and can tell me.

RustyNut

Hey hope it all works out well for you. Just being nosey but how did the car get written off, some insurance companys dont take your bonus if it was not driving related, eg fire etc.

amdublin

RustyNut wrote: »

Hey hope it all works out well for you. Just being nosey but how did the car get written off, some insurance companys dont take your bonus if it was not driving related, eg fire etc.

Mechanical fault. Brakes failed.
The assessor is describing it something like a latent mechanical failure or something.

Any further thoughts based on that? Plus second car/second policy etc?

RustyNut

amdublin wrote: »

Mechanical fault. Brakes failed.
The assessor is describing it something like a latent mechanical failure or something.

Any further thoughts based on that? Plus second car/second policy etc?

No Idea sorry, sounds like a right brown trouser deal.

Nissan doctor

amdublin wrote: »

Mechanical fault. Brakes failed.
The assessor is describing it something like a latent mechanical failure or something.

Any further thoughts based on that? Plus second car/second policy etc?

You'd want to be careful, unless the car is nearly new and the manufacturer can be blamed, then faulty brakes may well be deemed as a lack of maintenance with resulting issues in getting a payout.

amdublin

Update:
Rang first car's broker today.
They confirmed completely different policies. Would not affect (a) this policies ncb and (b) would not affect quote on renewal.

I was hoping for/expecting (a) based on my Internet research. But very surprised with (b).
Wa so surprised I asked her to confirm/repeat it to me and asked her to record it carefully that I had rang in to make full disclosure.

Jimdagym

amdublin wrote: »

Update:
Rang first car's broker today.
They confirmed completely different policies. Would not affect (a) this policies ncb and (b) would not affect quote on renewal.

I was hoping for/expecting (a) based on my Internet research. But very surprised with (b).
Wa so surprised I asked her to confirm/repeat it to me and asked her to record it carefully that I had rang in to make full disclosure.

I hope you got that in writing.

nacho66

Hmm... I got a new car few days ago but still have the old car until I sell it. I transferred my current policy to the new car and then filled a quote and purchase new insurance for the old car online with a different insurer, with a plan to cancel it after car is gone. Same main driver, same named driver. However, I selected my current ncb years on the new policy. Is that wrong then? I cannot use ncb from other policy on a new policy with a different insurer?

I'm intending to sell the car within the month. I won't be driving it much (if at all, unless I'm going to drop it at the dealers for cash), but keeping it in the underground garage still poses a minimum risk of accidental damage (fire, some kids smashing a window, thievery ), hence wanted a separate policy. Should I call them up then and say I made a mistake there? It didn't say clearly on the quote form that ncb only follows one policy. I had no idea

What would be a legal implication if there was a claim made towards such misquoted policy?

amdublin

I don't know nacho66.

Best ringing your insurer to discuss. Let us know how you get on.

djimi

amdublin wrote: »

Update:
Rang first car's broker today.
They confirmed completely different policies. Would not affect (a) this policies ncb and (b) would not affect quote on renewal.

I was hoping for/expecting (a) based on my Internet research. But very surprised with (b).
Wa so surprised I asked her to confirm/repeat it to me and asked her to record it carefully that I had rang in to make full disclosure.

That sounds like a bold promise for them to make; I dont know of any insurer that would not take an accident in the last 3 years into account when renewing a policy.

djimi

nacho66 wrote: »

Hmm... I got a new car few days ago but still have the old car until I sell it. I transferred my current policy to the new car and then filled a quote and purchase new insurance for the old car online with a different insurer, with a plan to cancel it after car is gone. Same main driver, same named driver. However, I selected my current ncb years on the new policy. Is that wrong then? I cannot use ncb from other policy on a new policy with a different insurer?

Some companies offer NCB mirroring, which means that they will take the NCB of another policy into account when offering you a quote. However, not all companies offer this, so you will need to ring and confirm this with the insurer.

nacho66

djimi wrote: »

That sounds like a bold promise for them to make; I dont know of any insurer that would not take an accident in the last 3 years into account when renewing a policy.

I hope there's is a consistency in this. If I'm not allowed to use my ncb on a separate new policy for a second car, then a car accident with the second car shouldn't affect the policy on the first car.
If they take an accident from different policy under consideration, then ncb should be used on every policy you own.

Sounds logical... I bet tho that, as always, there might be a little logic behind insurance policies Or any other policies in general

djimi wrote:

Some companies offer NCB mirroring, which means that they will take the NCB of another policy into account when offering you a quote. However, not all companies offer this, so you will need to ring and confirm this with the insurer.

Will give them a call. By the way, aren't insurance companies using some common system or something to review ncb or other required details with a previous insurer?

deceit

I had this issue before. I had 3 car policy's. I had a crash in one. This did not affect the other two policys in any way and I kept the no claims bonus on both of the others

nacho66

deceit wrote: »

I had this issue before. I had 3 car policy's. I had a crash in one. This did not affect the other two policys in any way and I kept the no claims bonus on both of the others

Did you use no claim bonus from the other policy to setup a new one?

nacho66

Checked with the insurer and no, one cannot use ncd years from different policy.