Insurance NCD

[tomupcraft]

Just wondering whether anybody knows if you can add a NCD, say, one or two months into a new policy?

Currently have about 8 weeks left on my policy for my 125, at the end of this policy I will have 1 years NCD.

Will probably have a new bike within the next week or two and it's looking like it may be almost as cheap to insure for a full year with a different company, than change my policy to the new bike for the final month.

If I do this, can I then put the 1 years NCD that I'll receive from my first policy onto the second policy around ~ 6 weeks later after the second starts?
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CBF125

[Teflon-Mike]

No.
You cant use a no-claims-discount you don't have to take out a policy, and you don't have it, until your existing policy expires, without a claim, and the ins-co 'offer' you the discount.
When you take out the new policy, without NCD, you are entering into a contractual agreement; they offer to accept financial liability, you offer them money.
What you are asking them to do, is take your money, now, then in a few weeks time, change the deal, and give you a chunk back, because... you have become eligible for a 'discount' they didn't offer you at the time you made the contract.

Be a bit like buying a tin of beans from the super-market, then a week later that same supermarket pushing an 'offers' leaflet through your door, clipping the 10p 'off' coupon from it, and going into the shop and asking for your 10p, cos you bought the beans a week before you got the coupon! they wouldn't do it, would they? they'd tell you to buy another tin of beans and THEN they'd give you the 10p off that!

You either wait until current policy expires, and take out policy on new bike; or you let the bonus 'go'. You could try insuring new bike, and using the cooling off period to cancel it, when you get NCB through then take out another, but liklihood is that the pro-rata charges for insurance used and admin charges for dealing with it, likely to cost you more than you'd 'save' from new policy using the NCD.
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My Webby'Tef's-tQ, loads of stuff about my bikes, my Land-Rovers, and the stuff I do with them!
Current Bikes:'Honda VF1000F' ;'CB750F2N' ;'CB125TD ( 6 3 of em!)'; 'Montesa Cota 248'. Learner FAQ's:= 'U want to Ride a Motorbike! Where Do U start?'

[tomupcraft]

ahh, okay, I thought it may have been like, when you change your bike mid-term, or you go from a provisional to a full licence you're premium may go up, or down and therefore if it decreased you'd be in for a small refund which was the case when I passed my tests.
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CBF125

[FuzzyBallz]

Even though looking at it from a 12 month perspective it might seem alot cheaper to go with another company, is it much to swap the bike over on the same policy for the last 2 months?

If it is an extra £500 for the year if you stay with your current insurer, that's only £80 you will be charged for the 8 weeks left.

I know £80 is £80 but you may save more than that on your next policy with your 1 years NCD.

[tomupcraft]

[FuzzyBallz]

Well the head says wait until the policy finishes...

..but the heart wins most of the time!

[Rogerborg]

Ask your insurer.

Even if you don't get a discount from it, just having it recorded on your policy will stop it getting lost or having to explain why it hasn't been used next time you take out a policy.
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

[tomupcraft]

So I got in contact with my insurers just now, and apparently my 'underwriter wouldn't be able to insure me on this vehicle'. This was for both the fazer and an SV650.

I was then told, in response to whether I could change bike on my policy 'You are allowed to change but some bikes will have terms such as minimum ages, or minimum number of years driving experience etc. So it's not terms applied to your policy but to these particular vehicles we've been looking at.'

So now unless I do the tedious process of chatting to the support guy and getting him to quote the change of bike individually, I'm none the wiser of which bikes my insurance would allow.

Therefore, it basically has come down to either starting a new policy before this one finishes, or keeping my bike until this policy finishes.
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CBF125

[mentalboy]

[FuzzyBallz]

[tomupcraft]

Just ran a ninja250r through them, 2009, and this time they said the underwriter will not insure because the bike has a 'minimum age' requirement to meet before they would insure.

What the hell?!

I'm 20, have an A2 licence, and yet can't change my bike over to a 250.
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CBF125

[andyscooter]

Its the under writer

Some won'tinsure more then a 125

So pass test buy a bigger bike and ya fucked

So ccan't cancel and get a refund as you are out of cooling off but need to insure new bike
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gilera runner vxr200 (chavped)
if its spelt wrong its my fat fingers and daft auto correct on my tablet

[FuzzyBallz]

It's the same with cars, you can pass your test at 17 but can't get insured on certain cars with certain companies until you're 25.

Just have to either wait or bite the bullet and throw the last 10 months down the drain.

[mentalboy]