So here is a question. My M4 will be disappearing in the next 5 months 😞 but I won't have a car to replace it directly. It may well be up to a year or so before that happens. I've just rang a very polite lady at 'Direct Line' (my current insurers), but I didn't quite get to grips with her accent, so I may not have understood her, but from what I think she said, I believe that after my policy runs out - 4 months after the M4 will have gone - I will receive a partial refund, then 2 weeks after the renewal date - August - I will receive a letter confirming my full no-claims discount which I keep until I reinsure a new car. This, she said, had no time limit on it. I said I was a little unsure that this was definitely true, as it's seemed odd to have an indefinite time of being an active 'full no-claims' discount ability without insuring another car. I asked if she meant I had perhaps one or two years when the no-claims was still acceptable, but she said at the moment, the no-claims would be active until I needed it again, without time limit and honoured upon reinsurance.

 

Does this sound correct to you guys?? 

 

I've never been in the situation before. 

From what I've read before, the NCB is usually valid for 2 years of 'non-use'. Then you loose the lot
So as long as you plan on getting another car before October 2023 you should be ok.

If what she says is true, I'd definitely want it in writing!

Edited 26 October, 20214 yr by robt100

2 years is common.

AF says longer,

 

I have had 3 years of NCB sitting unused while covered on a Motability car but not for a long time since.

Maybe she was speaking some truth? I'd rather have spoken to someone with less accent though, I might have missed something as I kept having to ask the poor lady to repeat herself. You would think it would be easy as I live about 5 miles from one of their main offices in Manchester (unless they have moved into one of those cloud thingies and no longer have corporeal form). 

Hi.

Normally it is up to 2 years to use your NCB again. Some of our schemes however do have the option to accept it for up to 3 years.

Regards,

Dan.

Thanks Dan. I guess there might be a lot more people than normal wanting to exercise this 'freezing' feature with the huge lead times on so many cars at the moment. 

On 26/10/2021 at 20:55, Lady Elanore said:

Thanks Dan. I guess there might be a lot more people than normal wanting to exercise this 'freezing' feature with the huge lead times on so many cars at the moment. 

Yes that's quite possible.

Regards,

Dan.