Insurance question

[pinky]

Say if someone had a month till they had 2 year no claims bonus...if they got a new car would the insurance be at a higher rate until the date they have 2 years then drop to a lower rate...or would it be like they only had 1 years for the whole policy??
Thanks

 

[gray-efc]

you would usually just do a change of vehicle and depending on if the new car is a higher or lower group there would be an additional/return premium so you would still get your extra year ncd at your renewal date

 

[pinky]

Would it be the same if you change insurance companys though? as its a much better deal/

 

[brisa4984]

dont think you can change insurance companies in the middle.. you will lose the ncb your about to get.

 

[Icarus83]

I would suggest adding the new car to existing policy, which may cost a few extra pennies if the insurance group is higher......but we're talking a matter of tenners unless its a Lambo or something as its only one month till the end of the policy. Then when the renewal comes through, you can easily get insurance with another company taking your 2 years NCB with you. By changing car you wont loose your NCB.

Rob

 

[Icarus83]

dont think you can change insurance companies in the middle.. you will lose the ncb your about to get.

Yep, the new year of NCB you would be about to get would be lost if you changed companies mid term......

 

[pinky]

Thanks everyone..