how does the no claims system work?

[dac69er]

does anyone know for definite how the black art of no claims works?
i currently have my starlet turbo insured with 5 years protected no claims, and my uk starlet has 5 years no claims via another car or something like that????

anyway, what is the crack with no claims? i am under the impression that you can only use the no claims on 1 vehicle at a time? surely if you havnt claimed for 5 years then its 5 years no claims? when i come to try and insure the mx5 im not sure whether to put 5 years no claims or 0? if i put 0 the premiums are pretty high as in the insurers eyes i have next to no experience due to the lack of no claims!
are all insurers different? do some let you use it and some not?

can someone clarify this please?

 

[Timmy]

yes you can only have your no claims on one vehicle at a time. But some insurers will mirror your discount. I've heard of sky doing this. Also try some insurance breakers.

 

[dac69er]

ok, thanks. looks like ill have to be ringing around.

 

[HYBRID]

hmm.. i have full no claims on my glanza.. but on my ibiza (which i just got) my no claims started building up from 1st insurance quote.. ie next year ill get the 1st 15% NCB

kon

 

[starbogt]

Have you insured 2 cars simultaneously in the past? with separate insurance cover? you can build 2 no claims up for each car. I have a car with 11 years no claims and a motorbike with 5 years no claims. Unfortunately the insurance companies milk us wherever they can.

 

[dac69er]

this is the 1st time ive had 2 cars insured at once. had a bike insured and had 3 years no claims but most insurance companies werent interested in it, so that is lost. bloody stupid system i think.

 

[GTti]

Considering you can't physically drive both at the rest time it's a bloody con!

 

[dac69er]

Considering you can't physically drive both at the rest time it's a bloody con!

thats what i mean, it is a bit. but unfortunately you have to have insurance so they have you by the balls.

 

[starbogt]

call a few insurance companies and ask them about dual car policies sometimes they're cheaper. Sky insurance said they could help and so did chris knott when we were asking. Most companies don't have a clue but chris knott seems very good and willing to help.

 

[dac69er]

my insurance on the Gt is so cheap that i doubt ill get any better on a dual car policy tbh.

 

[Ted]

if your over 25 you can insure it on classic

 

[dac69er]

if your over 25 you can insure it on classic

im not quite that old yet so cant unfortunately. arent alot of classic policies limited mileage and stuff though?

 

[Ted]

yes mate but you specify the mileage and pay accordingly. works for me cos im ancient!

 

[dac69er]

damn your oldyness

will just have to pay the price until im older i suppose!

 

[gerry314]

"how does the no claims system work? "
It does'nt work cuz its all a big RIP OFF!!