Why does NCB expire?

[MarkP]

With only 1 vehicle in our household to insure my better half and I usually take it year about insuring the car with the other a named driver.
Past couple of years we just kept it in her name and my 15+ years no claims bonus seems to have expired.
But why should it expire? I haven't had any accidents.

 

[G N K]

So insurance company's can rape you that wee bit more, that's why.

 

[cormac81]

We were told NCB expires after 2 years when we went down to one main car a while back.

 

[G N K]

We were told NCB expires after 2 years when we went down to one main car a while back.

It does, I've had loads of breaks in insurance due to having company vans. I'm nearly 30 and paying 93 quid a month on a 320d, it's a joke.

 

[Smurf.]

Same here I lost all mine too.its a joke..

 

[Dave..]

My wifes had expired by 6 months but she rang Direct Line and they reinstated it because she used them.

 

[euge07]

car insurance has to be the biggest scam going

 

[brendy]

Playing devils advocate, if you haven' driven for over 2 years then you could be perceived as a higher risk. Being on company insurance etc should be seen as plus though and count towards keeping it.
In my mind, I have bought paid and demonstrated I am a safe accident free driver, the ncb should belong to me not the insurance companies.

 

[Lyons]

Nightmare

In saying that, I don’t think it’s the end of the world. Based on the fact you had 15 years gathered up, you aren’t a youngster so it’ll not be too bad if you want to start your own policy again. I’m paying £340 on the X5 with 1 years NCB (its a second car) and I’m 33. There’s some companies that will give discount for names driver discount too, even if you don’t have your own NCB so just shop around.

 

[MarkP]

Nightmare

In saying that, I don’t think it’s the end of the world. Based on the fact you had 15 years gathered up, you aren’t a youngster so it’ll not be too bad if you want to start your own policy again. I’m paying £340 on the X5 with 1 years NCB (its a second car) and I’m 33. There’s some companies that will give discount for names driver discount too, even if you don’t have your own NCB so just shop around.

I priced a Subaru with and without my ncb on a limited 3000miles policy. £800+ and £400+ so a fair difference.
From looking online at other people having the same problem it says that Aviva count 3 years to be the cut off period. Might be worth following up.

 

[stevieturbo]

Playing devils advocate, if you haven' driven for over 2 years then you could be perceived as a higher risk. Being on company insurance etc should be seen as plus though and count towards keeping it.
In my mind, I have bought paid and demonstrated I am a safe accident free driver, the ncb should belong to me not the insurance companies.

Or if you bought a cheap policy on something and didnt drive for 2 years.....you'd retain that "safe driver" NCB....but in reality your driving is exactly the same as the scenario you mention.

So by that reckoning, drivers who do very low mileage are higher risk because of lack of experience vs drivers who do high miles.

The fact he has probably been a named driver on his partners policy, should still mean there is a NCB entitlement and retention there.

 

[simy]

It's a farce, I wasn't even aware of it until I went to get insurance in my own name again last year.
18 years in my own name.
5 years as a named driver.
1 year in my own name
= 1 years NCB