superfli - Member
Take car+mbike insurance. They wont accept NCD built up between the 2 policies, however, if you have an accident, they knock both NCD - it affects both policies!!
Wrong. NCB can only be decreased on the policy you are claiming off and most car insurers don't take bike accidents into account anyway.
b r - Member
My wifes insurance doubled after a claim, she was 'protected'. Other companies' quote were ball-park - only reason we stayed was that the claim was still in progress (whiplash claim by the other drivers passenger... and no damage to my wifes' car - go figure).
At renewal you can change insurers and the company who are dealing with the claim will still carry on dealing with the claim. You don't have to stay with them for the duration of the claim.
coffeeking - Member
They are in a situation where any of them can easily organise price fixing, maybe not on an official way, but in the same way that butchers on the high street .........
As on the other thread about car insurance you aren't talking much sense, coffeeking.
You seem to be saying that insurers work like any other business? What a surprise. Have a proper look at the figures and you'll see that the larger insurers make money, but really there's not a huge profit in the industry. If a well established company could undercut all it's rivals at the moment, still make decent money and pull in loads more customers, why wouldn't they? Because the losses in car insurance at the moment are too high, so they need to charge the amounts they charge.
And of course there's the raping you for two cars - no no claims on the second car (some mirror, but only the stupidly expensive ones making it pointless) when you can't even drive two cars at once so it's only a theft risk, and when it has minimal value how do they then charge more thn the value of the car? Farce
Have a think about what NCB actually is. Try the wording for a start.
NO CLAIMS BONUS/DISCOUNT. So for each year that you have a policy without making a claim, the insurer will give a discount. Simple, yes?
So why would anyone give you two sets of NCB when you haven't actually built up the second set of discount yourself?
The fact that you want to own and drive two or more cars is irrelevant to the insurer as the risk of insuring you is still the same. And judging by what you said about the second car being stripped of the interior, I'm not surprised you are being hammered.