155lee

iTrader: (10)

hi,i have 4 years ncb on a private car policy up till about 2003,then i took out a motor traders policy as i had more than 1 car that i wanted to use when i want.that totals 9 years ncb.i cancelled the traders policy and took out a policy with a well known and reputable company as i wanted my cossie insured properly incase the worst happened,i informed them of the origin of the ncb.that was ok,got a good qoute(£523) so i took the policy out.i filled in all the bumff and sent back the proof of ncb which stated 9 years ncb(i know the most you can have is 5 years)now they are saying thet my ncb is worthless as i accrued it on a traders policy and if i cancel my policy my 9 years ncb will be null and void.but they will cover me for a premium increase of £550 which take it to £1073.im 29,clean licence,standardish car,garaged,cat 1,3000 miles a year and they offend me with this nonsense.i am livid with them.has anybody else heard anything like this before?are they right or are they acting unlawfully?

Physio

That doesn't sound right
I thought that as long as you haven't had a claim your ncb is ok whether it's a private car or a traders policy

155lee

iTrader: (10)

thats what they are trying to fob me off with.i told them when i was on the phone getting my qoute that i had accrued my ncb with a traders policy.the girl on the phone yesterday said she would have to listen to the tape to see if i disclosed it or not.well i still have not heard back from them,i called today but they had not tried to get me another qoute from another company.it seems stupid,if i had had a private policy for a 950cc fiesta for 9 years how does that make me less of a risk than having a traders policy for 5 years and been driving anything i could get my hands on,ive owned and driven allsorts on that policy,hilux monster truck,cossies,rs turbos,escort cabbies,v6 nova,nova 16vs,evos.its bollocks!

Iain Mac

I always understood Traders Insurance to be a business policy and that it didn't accrue NCB, just got more expensive if you had a shit record.

155lee

iTrader: (10)

got it sorted,they listened to the tape and it proved i disclosed where my ncb came from.no change in insurer or premium.if i had not queried it i would ne paying £1071 a year to insure my car!