Saving NCB

[Blazing Storm]

Hi peeps,

I'm probably selling my car when my insurance runs out in March and it will have gotten me my first years NCB. My question is, will I lose the 1 years NCB if I don't start another policy straight away because I might not get a new car straight away?

Cheers

[Steve_PD]

I think you NCB will last 2 years, if you dont put it to a new policy within that time you will lose it

[Blazing Storm]

So, when I end the policy do I just ask for a certificate that proves I have the 1 years NCB?

[Steve_PD]

So, when I end the policy do I just ask for a certificate that proves I have the 1 years NCB?

yeah and it should last up to two years

[Blazing Storm]

Thanks, I hope that's correct. I'll find out soon enough I suppose.

[Steve_PD]

when you ask your insurance company for proof of no claims ask them how long its valid for 

[martinb]

Thanks, I hope that's correct. I'll find out soon enough I suppose.

Yeah thats correct, your no claims will be valid for up to two years (more with some companies but i wouls stick to 2years to be safe)

Martin 

[Dec]

Martin, if i cancel a policy, will I lose my years no claims?

I'm not sure if Norwich Union will insure me on the car I want (yet to ring them up) but Bell will. Dont want to cancel it only to find I cant use my No claims anymore

[Blazing Storm]

Cheers Martin.

I'm not sure what I'll be doing yet. It doesn't seem to make sense spending so much on car insurance when I don't drive much so I may get something cheaper to insure or stop driving for a while. Depends on renewal quotes too but can't imagine it coming down much, if at all.

[ben1.8T]

It last 2 years mate I checked cos I had to do the same when i was on my ban.