Munchie
Member
Registered: 17th Jul 01
Location: I swap goats for mobile phones
User status: Offline
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Updating my insurance as last insurance company decided to cancel it.....
Anyway.......I have been offered this.....which is a good £150 cheaper than having a 12 month policy.
Bell.co.uk insurance-
"Policy term
The standard car insurance policy runs for 12 months.
We offer a special Bonus Accelerator policy aimed at customers building their No Claims Bonus. This policy runs for 10 months. Providing you do not have a claim during the policy term, we will offer you a renewal price based on you having earned a full year of No Claims Bonus. This allows you to build up your No Claims Bonus more quickly, saving you money year after year."
Does this mean that if I buy this......I will get 12 months insurance for period of 10 months?
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Dan295
Member
Registered: 9th Oct 06
Location: London
User status: Offline
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yes, but only the admiral group accept the ten month scheme, so essentially your tieing yourself to admiral in future as some insurers dont/wont accept any no claims bonus as it doesnt last a year
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whitter45
Member
Registered: 15th Nov 02
Location: Norton
User status: Offline
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as above its good but ties you into that company - think elephant do the same as they are part of the same group
no other company would accept NCB based on accelerator scheme
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Liam-Wilko
Member
Registered: 6th Mar 08
Location: Sunderland, Tyne and Wear
User status: Offline
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other companys only accept NCD after the accelarator so if you with them for 1 year 10 months you will have 2 years NCD with that company
if you then move you will only have 1 year to take with you
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Munchie
Member
Registered: 17th Jul 01
Location: I swap goats for mobile phones
User status: Offline
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sack that
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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I always had 10 month accelerators with Admiral and when I requested proof of no claims, the letter didn't mention anything about it being obtained via 10 month accelerators.
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Liam-Wilko
Member
Registered: 6th Mar 08
Location: Sunderland, Tyne and Wear
User status: Offline
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quote:
Originally posted by James
I always had 10 month accelerators with Admiral and when I requested proof of no claims, the letter didn't mention anything about it being obtained via 10 month accelerators.
thats unusual best bet is to phone admaril and have a word with them
[Edited on 16-05-2012 by Liam-Wilko]
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John
Member
Registered: 30th Jun 03
User status: Offline
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You won't get 12 months insurance for 10 months, you'll get 10 months insurance.
You'll get 1 years NCB after 10 months, with which I've never personally had a problem using elsewhere, other people seem to have had issue though.
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Munchie
Member
Registered: 17th Jul 01
Location: I swap goats for mobile phones
User status: Offline
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ill just go with the 12 months through Bell......not sure who will be insuring me next year or what car I will have!
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andy_mk3
Member
Registered: 18th Dec 11
Location: Peterborough
User status: Offline
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Last year I had A 10 month policy with admiral, switched to LV this year no problems at all.
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Fro
Member
Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
User status: Offline
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Work it out fully as when i did it turned out to be more expensive than taking out a 12 month if you broke it down.
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Jay
Member
Registered: 26th Sep 04
Location: Liverpool
User status: Offline
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quote:
Originally posted by Fro
Work it out fully as when i did it turned out to be more expensive than taking out a 12 month if you broke it down.
Was just going to say this, over the year its cheaper on 12 months ive always been with admiral/elephant and used my ncb 2 of which were 10month policies with another company with no hassle
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Toby
Premium Member
Registered: 29th Nov 05
User status: Offline
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quote:
Originally posted by Fro
Work it out fully as when i did it turned out to be more expensive than taking out a 12 month if you broke it down.
But you in theory would have the 2 months reduced because of the NCB working out about the same give or take a few quid
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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Transferred 2 years ncb from 10 month admiral policies to my current insurer with no issue a couple of years ago. Issue comes around if you have more NBC than years you've been driving. Nothing on the renewal mentions about the length of the policy the ncb was obtained with.
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