Porsche 911UK Forum

Welcome to the @Porsche911UK website. Register a free account today to become a member! Sign up is quick and easy, then you can view, participate in topics and posts across the site that covers all things Porsche.

Already registered and looking to recovery your account, select 'login in' and then the 'forget your password' option.

How does NCB work ?

997man

Well-known member
Joined
14 May 2015
Messages
166
How does NCB work - is it on me or one of my vehicles or on all of them ?

I currently have two vehicles insured through a broker and have amassed 12+ years NCB.
If I insure my Porsche through a different company - do I quote the NCB I have or is it set to zero years as I would be with a new/different company ?

My current broker wants silly money and don't want to get tied in with them.


Any thoughts / help ?





Chris
 
your ncb is based on your driving record on your vehicles, you can take it with you to any new insurer as you will be issued proof of ncb.

You can keep for two years if you are not driving in that time.

Even if you had amassed ncb on a commercial vehicle, its all history of claim free driving, so if you went to a private policy after a commercial one, although they don't transfer over, they 'mirror' the driving record over.

Its similar with a classic car policy, you don't get an official ncb, but the fact of accident free driving is there for your benefit, in lower premiums across the whole vehicle Insurance sphere.


Insurers love people with no claims or convictions in the last 5 years.
 
My understanding is NCB is per car. For example you have one car and build up several years NCB. If you buy another car in addition to the other car your NCB starts at zero (although some insurers offer an introductory bonus for a second car) and you then build it up like car one.

If the broker has someone lumped both cars into one policy then I'm not sure how you would split them unless they were two separate policies :dont know:

It's all a con as someone who has several cars all on separate policies (even though two are grouped through Admiral - discount multi car but still seen a 'separate) I can only drive one at a time so why my risk should not be 'discounted' uniformly is beyond me.
 
Zingari said:
My understanding is NCB is per car. For example you have one car and build up several years NCB. If you buy another car in addition to the other car your NCB starts at zero

exactly what I met with just a few weeks ago
 
I have 8 years no claims on my Porsche policy with admiral. I recently bought a second car to use as my daily, a 17 year old Audi A3.

When looking to insure the A3 I was informed that any no claims discount can only be used on a single car. Therefore the quotes I was getting for the Audi were based on 0 ncd and were ridiculous, more the the cars value! I called admiral and they gave me 3 year NCD on the Audi of i took their multi car policy which brought the quotes down massively, however Insurance cost is about the same for Audi as it is for my 911.
 
At the end of the day if you've a clean driving history they will want your business and price accordingly.

As Zingers ayes, NCB is a smoke and mirrors con, but not so much as protected NCB!

Why do people pay for that?? :floor:
 
yeh, protected ncb is ludicrous, your crash is flagged up for the whole world to see, so why pretend?

Just keep claim free by keeping well back from the driver in front, I got scammed by a gang who caught me napping some years ago,


And get a dashboard camera, and don't bother claiming if you can pay out of your pocket for minor stuff.
 
Palladium said:
yeh, protected ncb is ludicrous, your crash is flagged up for the whole world to see, so why pretend?

Protected NCB is supposed to let you keep your NCB after an accident, not remove the actual accident from your history.

So, for example, when my wife had a crash, she had 5 years NCB. She didnt have them protected, so the Insurance company took off 3 years for the crash - which resulted obviously in an increased premium. Of course, the fact that she had now had an accident within the last 5 years also increased her premium again. So effectively it was increased twice. Had she had protected her NCB (30quid a year I think they wanted), she would still have had 5 years NCB and whilst her premium would have increased as a result of the accident, it wouldnt have increased by anywhere near as much.
 
Zingari said:
My understanding is NCB is per car. For example you have one car and build up several years NCB. If you buy another car in addition to the other car your NCB starts at zero (although some insurers offer an introductory bonus for a second car) and you then build it up like car one.

If the broker has someone lumped both cars into one policy then I'm not sure how you would split them unless they were two separate policies :dont know:

It's all a con as someone who has several cars all on separate policies (even though two are grouped through Admiral - discount multi car but still seen a 'separate) I can only drive one at a time so why my risk should not be 'discounted' uniformly is beyond me.

Ive had many an argument over this with Insurance companies.

Say im insuring my 997 turbo, fully comp. Its worth say £50k for argument sake and im doing 16k a year in it as a daily driver. Thats a lot of miles when something could happen to it. Amazingly, if I wanted to buy some crappy old diesel car, worth £500 and use that instead as my daily, with only 3rd party Insurance on it, the Insurance companies wont see that as a reduced risk on the 997!!! You would have thought they would be bending over backwards letting me drive an old banger a daily to reduce the risk of them paying out on my 997. But oh no. They wont let me use my 25 years NCB on anything other than the 997, and do not take any of those years of claim free motoring into account on the old banger, so that means they want me to pay more than the cars worth just to insure the old banger. What sort of weird logic is that. Really they should let me drive the old banger for free, as 1000 miles a year use for the 997 compared to 16000 miles use surely has got to be hugely reduced risk for them.

Another argument I had the other year was taking 2 of my motorbikes. R1 & Ducati 996. Both worth the same amount. Both 3rd party only. So why did my Insurance double when I added the 996 to the R1`s policy. I can only ride one bike at once, theres zero extra risk to the Insurance company, as its all 3rd party only. In fact the 996 is actually slower than the R1, so surely its a much lower risk to the Insurance company if im riding that instead of my R1. But no, thats double the premium please.
 
rabbitstew said:
Palladium said:
yeh, protected ncb is ludicrous, your crash is flagged up for the whole world to see, so why pretend?

Protected NCB is supposed to let you keep your NCB after an accident, not remove the actual accident from your history.

So, for example, when my wife had a crash, she had 5 years NCB. She didnt have them protected, so the Insurance company took off 3 years for the crash - which resulted obviously in an increased premium. Of course, the fact that she had now had an accident within the last 5 years also increased her premium again. So effectively it was increased twice. Had she had protected her NCB (30quid a year I think they wanted), she would still have had 5 years NCB and whilst her premium would have increased as a result of the accident, it wouldnt have increased by anywhere near as much.



nothing alters the fact of having a fault bang, that's all insurers want to know, protected ncb is a mirage, *****, if you have had a bang and its your fault, you need to shop around or increase your excess.

you cant protect a ncb in the 'real' world, its just a silly 'product'.
 
I have all 3 of my cars insured with the same broker, they " mirror " my maximum NCB across all 3 policies, one business and 2 pleasure :thumb:

They say that they can " mirror " the NCB as I can only drive one car at a time, which is obvious :D
 
yeh, exactly what I am saying, you are a very good risk, you can only drive one at a time, and your driving record benefits you for all three, regardless of ncb.
 
My last Porsche policy was with Classicline (5 year old car) cheap as chips and zero NCB needed. I used my 70% NCB on a separate normo car :thumbs: not sure with a specialist product Amy NCB is really needed?
 

New Threads

Forum statistics

Threads
124,350
Messages
1,439,420
Members
48,707
Latest member
race911turbo
Back
Top