User Tag List

Thanks Thanks:  0
Likes Likes:  0
Page 1 of 2 12 LastLast
Results 1 to 10 of 12

Thread: Protecting NCB - any point?

  1. #1
    Regular Member jsr645's Avatar
    Join Date
    Feb 2009
    Location
    Northants
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default Protecting NCB - any point?

    Hi, I've just got my renewal through for my Vectra cdti 150 SRI and have finally reached 4 years NCB!

    I've searched about for the best price, and yet again it is with the same company (through the net, not their renewal) and it's not too bad...

    I'm 24, have 4yrs NCB, have insured the Snowflakes and for 12k miles per year including business use. No endorsements. Price is £409 fully comp with £150 total excess.

    If I protect my NCB, it makes my premium increase to £499!! £90 to protect. In 2007 I have two accidents, one fault, one non fault. These declared on my insurance cost an extra £26 compared to no accidents. One car (my fault) was a total write off, the other was a rear end accident where my car needed the back end fixing. At the time I lost 2 years NCB for these.

    I don't understand it? £26 for two accidents declared and lose some NCB, or £90 to protect, although I'll still have to declare the accidents so it just adds even more to the premium?

    I'm trying to insure our Abarth 500 at the same time. My Girlfriend is the main driver. She's 25, no accidents or endorsements, 6k miles per year, car always garaged, £464pa which increased by £106 to protect!?!? We are insured on each others cars and I've got business on both just in case...

    If you have a crash, my insurance told me they only take off two years NCB. What I am trying to decide is whether it is worth protecting (£1070 total premium) or not (£874) - which is a lot extra just after Christmas!
    It probably means staying with the same insurance company after an accident for a while, but at the end of the day they have been the cheapest for me for the past 6+ years, including insuring me on a Renaultsport Clio 182 2.0 when I was 19 for under £1000 fully comp for 10k per year!! The company is Admiral by the way...

    Does anyone else not bother protecting their NCB because the huge cost for little gain?

  2. #2
    Regular Member no1golfer's Avatar
    Join Date
    Jul 2009
    Location
    newcastle upon tyne
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    i have never protected my ncb because of this one reason: when you get a quote they can quote whatever they want and say they discount whatever they want but how do you know where they started from.paying to protect ncb just gives them more of your hard earned for doing nothing.

  3. #3
    Regular Member m8internet's Avatar
    Join Date
    Dec 2006
    Location
    Cumbernauld, Scotland
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    I find protecting my NCB costs me about an extra £10 now
    I am on 10 years NCB now, but find that many online providers have "9 or more years" as their only option so in effect I am losing out!

    The main reason for protecting your NCB is where you have had several accidents and you may be liable to more
    I have only had one that was my fault, all the rest have been classed as non-fault
    Even the animals that I have hit have not affected my NCB
    However, they still affect the premium

    I also noted that some providers have increased the accident period from three to four years

    Furthermore, I also noted that minimum compulsory excesses have increased from £100 to £150 for fire and theft, and from £50 to £65/£75 for glass
    The number of insurers still offering nil excesses has dropped considerably, last year I had a choice of nearly 20, this year I was done to 6

  4. #4
    Regular Member BoroDave74's Avatar
    Join Date
    Oct 2008
    Location
    Attleborough
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    If you don't protect your NCB and have a claim and lose two years you still have to declare the claim. Is two years bonus discount worth less than the cost of protecting?

    For me it works out, but as with all insurance, its different for everyone. This is where online quoting comes in so handy. Two years NCB costs me about £100 and protecting costs me about £49.

    Cashback can also help bring that cost down, also try Chris Knott, everyone seems to speak very highly of them.

  5. #5
    Regular Member m8internet's Avatar
    Join Date
    Dec 2006
    Location
    Cumbernauld, Scotland
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    Quote Originally Posted by BoroDave74 View Post
    If you don't protect your NCB and have a claim and lose two years you still have to declare the claim. Is two years bonus discount worth less than the cost of protecting?
    You can still lose the NCB if you are protected!
    Most policies allow you two claims in one year, after that the protection becomes cancelled

    Equally, NCB reduction after a claim seems to very between providers
    Some reduce by one year in the event of a non-fault claim (ie at renewal unchanged NCB)

  6. #6
    Regular Member mattv6diesel's Avatar
    Join Date
    Oct 2009
    Location
    portland
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats

    Vehicle : Bmw 330d

    Trim : Msport

    Engine : 3.0d

    Year : 2008

    Default

    in the same boat 24 with 5yrs ncb think i will protect nxt time

  7. #7
    Regular Member m8internet's Avatar
    Join Date
    Dec 2006
    Location
    Cumbernauld, Scotland
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    As soon as I was 25 it was one of the first things I did!

  8. #8
    Regular Member mattv6diesel's Avatar
    Join Date
    Oct 2009
    Location
    portland
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats

    Vehicle : Bmw 330d

    Trim : Msport

    Engine : 3.0d

    Year : 2008

    Default

    most light knocks its not worth using insurance more trouble then its worth

  9. #9
    Regular Member BoroDave74's Avatar
    Join Date
    Oct 2008
    Location
    Attleborough
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    Keep all your paperwork handy and read your renewals carefully! My dad had a non-fault claim and protected NCB and the ******s still tried to remove 2 years NCB.

    Of course they were extremely apologetic on the phone, but you really do have to read the small print.

    I think this is one of those things where quality of service outweighs cost. If you have a good insurance company and a good insurance policy they can be worth their weight in gold in the event of a claim.

  10. #10
    Regular Member Geo77's Avatar
    Join Date
    Sep 2009
    Location
    North Yorkshire
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Vehicle InfoStats





    Default

    As has been mentioned an insurer will still increase your premium even with protected NCB

    i.e. 5 years NCB protected. At renewal you declare an accident, insurer will increase the annual premium in relation to an accident being had. They will still deduct 5 years NCB.

    So ...

    A £1000 policy with 5 years NCB (65% discount) will work out at £350

    Following an accident insurer could put premium to say £1300 minus 65% = £455

    So that example would cost an extra £105 with a protected NCB

    NCB protection does NOT stop your policy from increasing in price.

Page 1 of 2 12 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. best thing for cleaning protecting dash/ door trim
    By montyfert in forum Detailing and Car Care Discussion
    Replies: 5
    Last Post: 16th August 2012, 12:29
  2. Protecting Polished Aluminium
    By Das in forum Detailing and Car Care Discussion
    Replies: 3
    Last Post: 3rd December 2011, 20:30
  3. Protecting Condensor
    By amand in forum Vectra C / Signum Car Chat
    Replies: 6
    Last Post: 4th October 2011, 07:36
  4. Protecting new wheel
    By lee gsi in forum Detailing and Car Care Discussion
    Replies: 6
    Last Post: 24th June 2011, 08:24
  5. Protecting the Innocent has it's pitfalls!
    By Brocks in forum Comedy & Humour
    Replies: 0
    Last Post: 20th December 2006, 16:28

Visitors found this page by searching for:

Nobody landed on this page from a search engine, yet!

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •