What happens to my no claims bonus if I stop driving?

What happens to my no claims bonus if I stop driving?

Can your No Claims Bonus expire? The expiry period for an unused no claims bonus is two years after you’ve cancelled your last policy. So if you have taken a break from driving but you don’t want to lose your NCB, you’ll have to take out a new policy within two years to carry on where you left off. May 13, 2019

Can I insure a car that is already insured by someone else?

Can I insure a car that’s already insured by someone else? Yes, you can insure yourself on a car that’s already insured by another driver, but you might not want to. If you and someone else are both insuring a car separately, you might be paying more than is necessary. Aug 27, 2021

Can I insure my car in my parents name?

You cannot be on your parents’ car insurance if the car is in your name and you are listed as the sole owner. Your parents can’t insure your car unless they are listed as owners. So if you are thinking about buying your own car, it is a good idea to ask for quotes from several insurance companies first. Jun 29, 2021

Can you claim from two insurance policies?

No, you cannot raise the same claim with two different insurers. You need to claim with the first insurance company and if your medical expenses are more than the sum assured, then you can opt for reimbursement for the balance amount from the second insurance company. Nov 15, 2021

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Do married couples have to be on the same car insurance policy?

Married couples do not have to combine insurance policies. However, it usually makes sense to do so. Combining policies can qualify couples for discounts and lower rates. May 4, 2021