Tater
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If you are switching companies, does the new company offer this bonus? Sometimes if you stay with the same company, you can get your account reinstated. |
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Mindy Herrera
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Anytime you have a gap of more than 30 days, its as if your startin all over again.Those 4 years of prior insurance with renewals gave you the best rate, now its as if your beginning as a new driver. I dont know what company you had, but if you tried to switch to a halfway decent company like State Farm or Allstate, its going to be costly. Normally you start to get the best rate again after 1 year without gaps. |
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Eine Frage
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Having worked for an insurance firm (until around 4 hours ago...ho ho humbug to the evil bosses firing people at xmas)
I can advise you on a few things. First, check what type of policy it is - it should start with a few letters, usually 3. Dependant on this type, there may be a different way that No Claims Discount (NCD) is calculated. On some policies, it is capped at 3 or so years, with each claim reducing the NCD by 1 year. On others, there is a cap of 5 years and one claim will wipe out the entire discount.
As far as I can read into it though, in my experience NCD has been brought forward from another policy, if no claims have been made on that specific policy (for example in home insurance, it is split into both Buildings and Contents. A claim on the Contents would affect the Contents NCD but not the Buildings NCD.
Different insurance companies work in different way. Have a word with them and see what they say, after all, they probably know best. And if you HAVE lost it, then so be it.
Hope that helped. |
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OO7
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No don't worry it's all on computer anyway.
The easiest thing is to stay with previous company but negotiate otherwise you'll have to wait for certificate from old company to send to new one. |
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ANMAR
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If you have kept your old certificate of insurance and the following renewal document which your insurers should of sent you just before it was due, that should be enough proof.
Both these documents have your proof of bonus on, which the new insurance company will be able to trace on a data base or confirm with your old insurer.
You will also have up to 2 years to reinstate the insurance from expiry. You can only loose the bonus if you have enough accidents decreasing the bonus (look at the policy terms) or if you don't renew within the 2 years. |
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justmejimw
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you are in luck,if renew now you will still have your No claims Bonus |
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bobtaf
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Usually speaking you need continous claim free insurance, but in many cases you can still get the best rate if you can prove you were in a "no-need" situation, like not owning a car. The gap you speak of could hurt, but I have seen some shady stuff in my days and wouldn't be surprised if you were able to find a company that isn't checking for prior insurance, etc. Many insurance carriers use what we call CLUE, basically a claim and insurance database that could show losses and lapses. Best advice, get quality insurance from a reputable company and set up an auto-pay account from your checking account. |
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eebuythiscomputer
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no it's ok |
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julesjayjay
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i dont know because of the gap
did you protect your no claims - i know it costs more but its worth it
the only way you should get away with it is to renew with another company but as there is a database for all insurance policies you better be honest about the two months lapse.
any false info could jeopardise any policy |
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JAM123
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Yes you will lose your non claim bonus.!!! |
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The Fat Controller
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no you will not lose your 4year NCB for 2 years just send your proof to your new company |
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gerry g
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yes i think it will, but one phone call wiil soon tell you |
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mbrcatz
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Nope, not only will you not keep your "no claims bonus", but with a lapse of 30 days or more, you'll see a significant increase in your rates, and if this is auto insurance, *might* be classified as high risk. Your expired carrier will PROBABLY not want to take you back, but you'll have to call your agent to be sure. |
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nenoneno
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request proof of no claims from last company and think of a good reason to not be insured 2 months, maybe savin for a car or u went overseas with work or something and any reputable insurance company shud allow your discount to continue |
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fivetoze
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you have 2 years before it expires |
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jim b
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you will be OK. i think your no claims is there until you have a claim. not on when you was last insured |
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vasey
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I have been driving for 30 years, at one point i had 2 lots of full no claims bonus due to having 2 cars. I made a mistake when i dropped back down to just one car and not useing one of my full no claims bonuses for more than a 2 year period. This resaulted in me loosing one. 6 months ago when i purchased a a small van for my business as a company vehicle i had to start at the bottom again as i had lost the full no claims i had built up on one of the policys |
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