Insurance

[toenheel]

Morning all

My insurance is due on the 30th and I'm with classic line currently, the only issue is my no claims will expire after another years insurance any suggestions for other providers who will accept supersprint and Ap's with guaranteed value??

Phil

[Bounce]

Originally Posted by toenheel

Morning all

My insurance is due on the 30th and I'm with classic line currently, the only issue is my no claims will expire after another years insurance any suggestions for other providers who will accept supersprint and Ap's with guaranteed value??

Phil

How many years can your no claims not be used before they expire then ?

[phoenixcsl]

Originally Posted by Bounce

How many years can your no claims not be used before they expire then ?

Two years IIRC

[toenheel]

Yep 2 years, it is "held" against my classic line policy so need to check if this means it won't expire. Who is everyone else using?

[Trawler]

I'm confused. I thought no claims years went up with every year you have been a good boy/girl. Never heard of no claims bonus expiring.

[toenheel]

Originally Posted by Trawler

I'm confused. I thought no claims years went up with every year you have been a good boy/girl. Never heard of no claims bonus expiring.

It's because classic line policy is a classic car insurance policy so they don't give you no claims. As no claims are valid for 2 years if I reinsure with them I run the risk of losing the no claims I've built up. I did ask for it to be held against the policy so need to check how long I can do this.

[Trawler]

Just trying to obtain insurance for another car. Classic car insurance no claims bonus not recognised hence no discount. Typing this while listening to some crap recording while hanging on the line with some other broker. Sure they do this to rack up your phone bill.

[Yanto]

Post #15.

[Bounce]

Originally Posted by Trawler

Just trying to obtain insurance for another car. Classic car insurance no claims bonus not recognised hence no discount. Typing this while listening to some crap recording while hanging on the line with some other broker. Sure they do this to rack up your phone bill.

I spoke to them last week about this and they assured me everything would be fine when it came to taking my No claims with me if I move

[Trawler]

Originally Posted by Bounce

I spoke to them last week about this and they assured me everything would be fine when it came to taking my No claims with me if I move

They provided me with a letter proving my no claims, however I have encountered the following

They will only provide a letter quoting 5 years max no claim.
Other insurance companies do not recognise no claims bonus from classic car type policies
Brokers & insurance companies will not use the central data base to check you have not had a claim.

Basically I am having to pay more because the no claims from classic is not recognised and my previous insurer will also only quote a max of five years no claims. This seems to me a scam on their behalf to increase premiums and deter one from moving to another insurance company.