No claims bonus. Can i keep when leaving the country for so long

yoloc

Wanting to know what my friend just told me is true. We were discussing me moving away for a few years and my no claims bonus when i return. I have a 9 years no claims bonus and was hoping that this would be the same when i return but he's just informed me that if i dont renew my insurance in x amount of years then ive to go right back to the start and make a whole new claim. At first i was telling him how full of crap he is then when i think about it, them insurance companies sure can be scum and wouldnt suprise me if this would be true. So would like for someone to clear this up for me if im in for a big shock when i return home to ireland in a few years.

SCOOP 64

2 years its valid for when not used, might be different for some companys.

Fred Swanson

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bazz26

2 years from the expiry date of your last policy is usually the norm.

dollybird2

As previous posters have said the standard rule is that your NCB lapses after two years of not renewing policy. Then it's back to square one with 0 NCB

CiniO

OP depending where are you moving, but possibly you can transfer your 9 years NCB to new country, use it there, and when you are coming back you transfer it back again to Ireland.

dollybird2

CiniO wrote: »

OP depending where are you moving, but possibly you can transfer your 9 years NCB to new country, use it there, and when you are coming back you transfer it back again to Ireland.

Good point CiniO. NCB can be used in UK and as far as I recall other EU countries as well as countries with similar insurance laws to here, Canada I think is another one.

Fred Swanson

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Del2005

dollybird2 wrote: »

As previous posters have said the standard rule is that your NCB lapses after two years of not renewing policy. Then it's back to square one with 0 NCB

You could take out a policy when you leave and suspend it. It'll give you 3 years to keep your NCD and you'll get cheque back when the policy expires.

Fred Swanson

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mr lee

will the 2 years countdown not start when the policy is cancelled

Fred Swanson

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yoloc

****ING SHOCKING!!! Can anyone tell me why this is even aloud. To me this is madness. How someone can build up 20 odd years or more NCB and lose it all if decideds not to drive for 2 years, SHOCKING!!

goz83

yoloc wrote: »

****ING SHOCKING!!! Can anyone tell me why this is even aloud. To me this is madness. How someone can build up 20 odd years or more NCB and lose it all if decideds not to drive for 2 years, SHOCKING!!

One word.

Ireland

pete4130

I'm in the same boat. I've been out of Ireland for about 4 years and coming back next year. In that time I've had my car insured in my name while I was away for the first 18 months with my dad and sister as named drivers. It was easier to just transfer the car into my dads name and him to become the policy holder.

During this time I've been home and put on his policy to allow me to drive. Am I wrong in understanding that because I've been a named driver within the last 2 years in Ireland I still have my NCB? I guess the real answer lies with the insurance companies.

Atomic Pineapple

pete4130 wrote: »

Am I wrong in understanding that because I've been a named driver within the last 2 years in Ireland I still have my NCB? I guess the real answer lies with the insurance companies.

No, you won't still have your NCB as your named driving will have been under another policy, not your own, your own policy and NCB will therefore have lapsed.

MrDerp

NCB isn't an entitlement. It's an industry-norm discount based on recent driving experience.

If you didn't drive for 5 years, you might be a crap driver after having no practice. Or you might have picked up bad habits driving in bandit country somewhere in the third world.

djimi

Atomic Pineapple wrote: »

No, you won't still have your NCB as your named driving will have been under another policy, not your own, your own policy and NCB will therefore have lapsed.

Named driving can never be under your own policy.

It depends on the insurer. A lot seem to be offering some NCB for recent named driving experience. Not sure how it works if you have been living out of the country in that time though.

djimi

goz83 wrote: »

One word.

Ireland

Wahay, good old Ireland bashing! Its the case in the UK also you know. Possibly other countries also.

yoloc

djimi wrote: »

Wahay, good old Ireland bashing! Its the case in the UK also you know. Possibly other countries also.

You will agree thou that ireland is a real ****hole of a country at present.

djimi

yoloc wrote: »

You will agree thou that ireland is a real ****hole of a country at present.

Compared to what we were used to a few years ago maybe. Relative to a lot of other countries? We really have no idea.

Im getting utterly sick and tired of everyone whinging about it though, to the point that it seems to be the stock response whenever someone has a gripe about anything these days.

Fred Swanson

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Pedro K

There is an underwriter on the market, accessible through brokers, that will allow a bonus up until three years after policy expiry. Could be worth looking into if you're away for less than three years.

whomitconcerns

ireland bashing and political nonsense being spouted a lot on the forum these days unfortunately....

Just keep something insured in country is best option. And try not to have a claim in 1st year back in country when you return

galwaytt

My SO lost 16yrs NCB and had to start at 0 last year so btdt.

Insure something. Anything. Maybe. But you'll be older when you get back so the price will be lower then anyway. If you add up what you will spend when you're NOT here it may cost you more than they'd ask you for in a few year's time anyway. .....do the maths as they say. ...

Fred Swanson

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keithclancy

As said already, insure a cheap rusty micra thats sitting in a field / driveway somewhere.

goz83

djimi wrote: »

Wahay, good old Ireland bashing! Its the case in the UK also you know. Possibly other countries also.

At least in the UK and "other" countries, you won't get turned down for insurance because:

You're not a farmer.
It's an import.
It's older than 15 years.
(until recently) you have a penis.
Its not on our list (BUT IT IS A VAUXHALL!!!)
Sorry, I don't know you.
We don't insure those as new business.
It's a sports car.
It's a classic car.
It's a black car ffs!


OP...you could renew your policy for a year after 23 months.

yoloc

think ill buy a wee banger for about 50 euro and insure it, leave it in my fathers garage. My insurance is only 280 if i remember correctly for a 1.8t petrol car so something alot smaller should come in quite cheaper. What about nct and tax thou, will they know its been of the road if the car isnt taxed etc.. and fcuk me that way. Remember , the laws on tax have recently changed and insurance compaines might cop on to this

Matt Simis

goz83 wrote: »

At least in the UK and "other" countries, you won't get turned down for insurance because:

You're not a farmer.
It's an import.
It's older than 15 years.
(until recently) you have a penis.
Its not on our list (BUT IT IS A VAUXHALL!!!)
Sorry, I don't know you.
We don't insure those as new business.
It's a sports car.
It's a classic car.
It's a black car ffs!


OP...you could renew your policy for a year after 23 months.

Add "Oh no, we dont insure anything over 2-litres like".

Fred Swanson

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MugMugs

yoloc wrote: »

think ill buy a wee banger for about 50 euro and insure it, leave it in my fathers garage. My insurance is only 280 if i remember correctly for a 1.8t petrol car so something alot smaller should come in quite cheaper. What about nct and tax thou, will they know its been of the road if the car isnt taxed etc.. and fcuk me that way. Remember , the laws on tax have recently changed and insurance compaines might cop on to this

Or you could do this

MugMugs wrote: »

I am going away, should I cancel my Insurance?
That's your call however you can choose to lay up your car. This means that you return your disc to your insurer. The vehicle will not be covered for Third party but will be for fire and theft. You will also receive a pro rata amount of your premium back.

Basically, it's insured for Fire and Theft and as long as she isn't on the road then you're all good.

You can preserve your NCB and would receive a pro rata refund.

Fred Swanson

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yoloc

MugMugs wrote: »

Or you could do this


Basically, it's insured for Fire and Theft and as long as she isn't on the road then you're all good.

You can preserve your NCB and would receive a pro rata refund.

But then they will know you arent driving it and if your of the road for 2 years or more, they might put my insurance cover up

MugMugs

Fred Swanson wrote: »

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Correct. I drew the assumption that this is what the OP intended however.

yoloc wrote: »

think ill buy a wee banger for about 50 euro and insure it, leave it in my fathers garage. My insurance is only 280 if i remember correctly

MugMugs

yoloc wrote: »

But then they will know you arent driving it and if your of the road for 2 years or more, they might put my insurance cover up

Correct however if one was to renew with another insurer during the course of the second years renewal then neither Insurer would be any the wiser. I would also fail to find any real Moral hazard therein.

Edit: it's just an option I thought may be worthy of consideration if the above was your true intention.

yoloc

MugMugs wrote: »

Correct however if one was to renew with another insurer during the course of the second years renewal then neither Insurer would be any the wiser. I would also fail to find any real Moral hazard therein.

Edit: it's just an option I thought may be worthy of consideration if the above was your true intention.

Sounds to complicated for me

djimi

yoloc wrote: »

think ill buy a wee banger for about 50 euro and insure it, leave it in my fathers garage. My insurance is only 280 if i remember correctly for a 1.8t petrol car so something alot smaller should come in quite cheaper. What about nct and tax thou, will they know its been of the road if the car isnt taxed etc.. and fcuk me that way. Remember , the laws on tax have recently changed and insurance compaines might cop on to this

How much do you stand to lose by not having a NCB? Put it this way, if youre going to be away for more than two years then is having zero NCB likely to cost you €500?

goz83

djimi wrote: »

How much do you stand to lose by not having a NCB? Put it this way, if youre going to be away for more than two years then is having zero NCB likely to cost you €500?

It likely would over the course of building it back up, because he would only have 1yr ncb after first year of returning. It would take years to build his ncb back up.

Fred Swanson

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