Squee Posted June 28, 2012 Share Posted June 28, 2012 Hey all, Is protected NCB worth paying the extra for or is it one of those insurers' tricks that means diddly squat if you have to make a claim and future renewals? My best quote has it for £35 a year extra and a slightly higher excess than without the protected. Insurance renewal time of year is fun S. Quote Link to comment Share on other sites More sharing options...
rtbiscuit Posted June 28, 2012 Share Posted June 28, 2012 depends on how many NCB's your protecting, Quote Link to comment Share on other sites More sharing options...
Ekona Posted June 28, 2012 Share Posted June 28, 2012 I wouldn't be without it. For just £35pa extra it's a no brainer Quote Link to comment Share on other sites More sharing options...
onthatB0MBSHELL Posted June 28, 2012 Share Posted June 28, 2012 I wonder myself if it is worth it, when i got my Zed i transfered my NCB from my Audi,i then then set up a new policy in wifes name on the AUDI and she got a cheaper quote with no NCB, than i did with full, we both same age (early 40s` ) so go figure. Quote Link to comment Share on other sites More sharing options...
Squee Posted June 28, 2012 Author Share Posted June 28, 2012 Thanks for the replies I don't really know much about insurance related matters - until last year when I bought my Zed I'd always just been a named driver on someone else's car so haven't had many dealings with then and also didn't have any NCB. My current insurer took into account my past years as a named driver and seem to have me down as 5 years NCB. Like I say I don't know much about insurance stuff so I didn't know if this protected thing is as useful as a choccy teapot if the sh!t hits the fan. Sounds like for £35 it'll be worth it Ta again, S. Quote Link to comment Share on other sites More sharing options...
onthatB0MBSHELL Posted June 28, 2012 Share Posted June 28, 2012 AXA asked me for £75 to protect NCB Quote Link to comment Share on other sites More sharing options...
rtbiscuit Posted June 28, 2012 Share Posted June 28, 2012 5 years is worth protecting Quote Link to comment Share on other sites More sharing options...
ioneabee Posted June 28, 2012 Share Posted June 28, 2012 ah, but..........whilst it protects your NCB - it does what it says on the tin ------------------- come next renewal your premiums have gone through the roof, but does the NCB still knock 60% off the premium......who knows ???? Quote Link to comment Share on other sites More sharing options...
Zugara Posted June 28, 2012 Share Posted June 28, 2012 Never had it, never will waste of money IMO, just like all the rest of the crap they try and palm on you, legal aid recovery blah blah blah....... Quote Link to comment Share on other sites More sharing options...
Squee Posted June 28, 2012 Author Share Posted June 28, 2012 Are there usually conditions with it ie you loose the NCB if you're at fault? Never had it, never will waste of money IMO, just like all the rest of the crap they try and palm on you, legal aid recovery blah blah blah....... Yeah I'm normally cynical to all the extras too. The rotters that they are S. Quote Link to comment Share on other sites More sharing options...
M13KYF Posted June 29, 2012 Share Posted June 29, 2012 defo worth it for what it costs Quote Link to comment Share on other sites More sharing options...
R35LEE Posted June 29, 2012 Share Posted June 29, 2012 Yes Quote Link to comment Share on other sites More sharing options...
Gudzy Posted June 29, 2012 Share Posted June 29, 2012 Are there usually conditions with it ie you loose the NCB if you're at fault? No, the point of having it protected is that it won't be affected even if you cause an accident. Your NCB will be unaffected but your premium would still go up because you would now have a claim on your record, meaning you are considered a higher risk. I was surprised to find out that if I were to have an accident my 4 years NCB would just be halved rather than restarted at zero with my current insurers, admiral. As I work at an insurance company I feel like I should finish with a disclaimer at the end of this post that all insurance companies work differently and to check with the company you are dealing with as to how it works with them. Quote Link to comment Share on other sites More sharing options...
Ricey Posted June 29, 2012 Share Posted June 29, 2012 Get on your insurers website and put a dummy quote in - then play about with by pretending you have had an addicent. So do these scenarios 1. 5 years NCB and 1 accident - not at fault 2. 5 years NCB and 1 accident - at fault 3. 2 years NCB and 1 accident - not at fault (I think you only usually lose 3 years NCB if you have an accident but it does depend on the insurer) 4. 2 years NCB and 1 accident - at fault Perhaps even repeat with 0 NCB in case you have an insurer that takes it all away in case of an accident. See what the differences are..........bottom line if scenario 3 & 4 are £35 more expensive than 1 & 2 then its worth it Quote Link to comment Share on other sites More sharing options...
spursmaddave Posted June 29, 2012 Share Posted June 29, 2012 Yeah definitely worth it as in a few years time it might in the same category as PPI and we can all claim it back anyway Quote Link to comment Share on other sites More sharing options...
Gball1973 Posted June 29, 2012 Share Posted June 29, 2012 Yeah definitely worth it as in a few years time it might in the same category as PPI and we can all claim it back anyway +1 Seriously though, as Gudzy said your premium would still go up if you made a claim even if the third party was at fault. The insurers see you as a bigger risk of claiming again (statistically more like to be involved in another incident). So it's kinda catch22 Quote Link to comment Share on other sites More sharing options...
Squee Posted July 1, 2012 Author Share Posted July 1, 2012 Thanks all. Guess for £35 it's gonna be worth it Can't do the suggested trick to tinker on the insurer's website as my new insurer's are Livingtone Warman and they don't have the facilities on there to input scenarios (same goes for Sky who I'm with for another week) but from playing about on the comparisons it's worth the £35. As said in a previous post I just wasn't sure if in the small print of the protected NCB there's stacks of exemptions which made it worthless. Cheers again S. Quote Link to comment Share on other sites More sharing options...
Ricey Posted July 1, 2012 Share Posted July 1, 2012 They gave it to me for free Quote Link to comment Share on other sites More sharing options...
Squee Posted July 1, 2012 Author Share Posted July 1, 2012 They gave it to me for free Oh you jammy git Hmmm, perhaps I'll give them a bell tomorrow and see if I can charm it out of them. It's actually thanks to you I got a quote from LW as I remembered that you spoke highly of them a while back and I figured that as we're similar post codes and age they might do me a decent quote too. And they have! Mr Squee's going to be on my policy and had to make a claim late last year so perhaps it's due to having him on it they want another £35 for the protected NCB? They've given me a pretty good quote for the ZX too - £370 S. Quote Link to comment Share on other sites More sharing options...
Squee Posted July 6, 2012 Author Share Posted July 6, 2012 Sweet! Got the protected NCB chucked in for free AND a further reduction on £20 so I'm now paying £594 for the year with £300 excess. I'm pretty happy with that considering I've only 'officially' had my own policy, on any car, for a year and Mr Squee had a £6K claim against him last year. Wonder how much lower it would have been without that 'whoopsie!'. I guess lower premiums are one of the upsides of being old S. Quote Link to comment Share on other sites More sharing options...
Ricey Posted July 6, 2012 Share Posted July 6, 2012 Just make sure you don't cancel mid policy......250 quid policy returned 100 quid after cancelling 4 months in! Not complaining though as its what I signed up for at the end of the day and they are a broker so they provably get a retrospective claw back of proc fee. Quote Link to comment Share on other sites More sharing options...
Ebized Posted July 7, 2012 Share Posted July 7, 2012 Sweet! Got the protected NCB chucked in for free AND a further reduction on £20 so I'm now paying £594 for the year with £300 excess. I'm pretty happy with that considering I've only 'officially' had my own policy, on any car, for a year and Mr Squee had a £6K claim against him last year. Wonder how much lower it would have been without that 'whoopsie!'. I guess lower premiums are one of the upsides of being old S. Result And even if you had to pay for it - just think of the premium you end up paying through no fault of yours due to others careless driving From our quick meet at Wales - "old" is what you were looking at, not what you see in the mirror, which looked very young to me Quote Link to comment Share on other sites More sharing options...
Squee Posted July 9, 2012 Author Share Posted July 9, 2012 From our quick meet at Wales - "old" is what you were looking at, not what you see in the mirror, which looked very young to me 30 next year! but thanks for the compliment. I sometimes still get ID'd for buying booze which is fine by me! I've got another NCB related conundrum...in the post on Saturday I received a totally unexpected 'certificate of NCB' from Admiral showing that I have full 10 years kinda annoying as the day before I'd paid the £594 to L.W. assuming that I'd only got 5 years NCB! Hopefully I'll be able to amend my protected to get the 10 years as the policy is still new and they want proof of the 5 years anyway. Just make sure you don't cancel mid policy......250 quid policy returned 100 quid after cancelling 4 months in! Not complaining though as its what I signed up for at the end of the day and they are a broker so they provably get a retrospective claw back of proc fee. ouch. That's a stinger! were you not able to transfer it to the new car? S. Quote Link to comment Share on other sites More sharing options...
Ricey Posted July 9, 2012 Share Posted July 9, 2012 There wasnt a new car mate.....I just flogged the fiesta. Merc replaced the BMW. Quote Link to comment Share on other sites More sharing options...
KyleR Posted July 10, 2012 Share Posted July 10, 2012 You should be able to amend it and get more discount. I sorted that out for my dad a few days ago when we noticed there was only 9 years NC but intact there was 11. Policy went down by about £110 and that was 4 months into the policy Quote Link to comment Share on other sites More sharing options...
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