Can i transfer no claims discount

How can I get a no claims bonus on a second car? Does a multi-car policy automatically mean I get a mirrored NCD on all my vehicles? Which car insurance companies mirror no claims discount? Compare Car Insurance We search over car insurance providers to save you hassle and money. May's perseverance was eventually rewarded. After getting the brush-off at another couple of insurers she was finally offered a solution by Saga insurance.

With companies encouraging us all to buy online for cheaper deals, I suspect many women like me will fall foul of insurers' limited online application forms. There simply wasn't a box for us to tick to get what we needed," says May. To a degree, the couple were unlucky in the insurers they chose as there seems to be no coherent policy across the industry.

For instance, Andy Goldby, director of motor underwriting at Direct Line, is surprised at May's story. There is a drawback with the scheme. If the person taking over the policy is regarded as a higher risk — because they have points on their licence, for instance — the cost of cover can soar. On top of that, the NCD is only relevant to one individual policy.

Therefore the driver who has given their NCD to their spouse or partner cannot then also use the discount on another policy for another vehicle with another insurer.

A no-claims bonus - also known as a no-claims discount - is a percentage discount your insurer shaves off your insurance premium to reward you for not having made a car insurance claim in the previous year. As you build up more claims-free years, you progress along a no-claims bonus scale, which might look something like the example below. Each insurer's no-claims bonus scheme is different - from the size of discounts to the number of claims-free years it takes to achieve them.

Suppose you have two insurers. In this case, insurer A is clearly the cheapest. Some insurers will make a point of awarding generous no-claims bonuses in their marketing, but it's important to compare the final quote - with any discounts included - to determine which is the best deal. Read our guide on how to find an insurer with a lower premium.

This basically bumps down the discount back to what it was in previous years. Insurers have different step-back scales. There are certain kinds of claim that won't erode your no-claims bonus. Generally, insurers will leave your no-claims bonus alone if your claim was not a 'fault' claim.

This means they were able to recover their repair costs in full from the party at fault. Similarly, many insurers will disregard non-fault claims where the other driver was uninsured. No-claims bonus protection is an added extra that you can buy with your insurance. It will prevent a limited number of claims two or three claims over a three-year period is common from having an impact on your no-claims bonus.

No-claims bonus protection will certainly save you money if you make a claim. So this should give you a starting point in working out whether to buy no-claims bonus protection. As a general rule of thumb, the bigger your no-claims bonus, the more you stand to lose through making a claim, and therefore the greater the value of the protection.

A fairly common misconception about bonus protection is that it stops your premiums from rising because of a claim. It varies across insurers, but your careful driving could cut the price of your buildings and contents insurance too, depending on the insurer.

If you have two cars you can build up your NCB on each car separately or consider a multi-car policy. Some apply your discount across all the cars you've covered. You can protect or guarantee your NCB too. If you have several years claims-free driving under your belt, then it might be worth spending extra to protect it. NCB protection should allow you to make a claim, or even more than one, without impacting your discount, or only reducing it by a year or two - it varies between insurers.

The key is to weigh up the cost of protection against the discount. According to our data on drivers over 50, [2] the more years no claims bonus you have the cheaper your premiums might be. Your insurer sends you proof of NCB at the end of your policy, every 12 months if you have an annual policy. But, you can request proof at any time and the insurer will supply it.