marbleapple Posted December 26, 2007 Share Posted December 26, 2007 I am planning to buy a very cheap car to insure so as to protect my no claims bonus. The random (and potentially stupid) question is: Can you insure a bare shell if a V5 log book is present even though the car is hardly a car? Thanks guys Quote Link to comment Share on other sites More sharing options...
Jake Posted December 26, 2007 Share Posted December 26, 2007 You can, but why would you? Wouldn't it be better to lose a year's NCB if you didn't insure yourself for a year. Quote Link to comment Share on other sites More sharing options...
marbleapple Posted December 26, 2007 Author Share Posted December 26, 2007 You can, but why would you? Wouldn't it be better to lose a year's NCB if you didn't insure yourself for a year. Cheers Jake. I have 4 years no claims but as I drive a company car I have not insured a car in a while. I have been informed that if you don't insure a car for 2 years you lose your accumulated no claims bonus. My plan is to buy a bare shell, insure it and then rebuild (as a project). Thus when it's ready I won't be trying to insure it with 0 no claims Quote Link to comment Share on other sites More sharing options...
gordy07 Posted December 27, 2007 Share Posted December 27, 2007 When i insured my supe i had lost the no claims from my last car as it had been 3 years but i used the no claims bonus from my current company vehicle with admiral so you could maybe do that mate. Quote Link to comment Share on other sites More sharing options...
Pig Posted December 27, 2007 Share Posted December 27, 2007 Yes, i have done it on my sisters car which i knew was dead and in a scrap yard. Just so i could finish a year off. 2 months cost me about £12 -well worth 12 to get the years no claims. Jon Quote Link to comment Share on other sites More sharing options...
AndyT Posted December 27, 2007 Share Posted December 27, 2007 Cheers Jake. I have 4 years no claims but as I drive a company car I have not insured a car in a while. I have been informed that if you don't insure a car for 2 years you lose your accumulated no claims bonus. My plan is to buy a bare shell, insure it and then rebuild (as a project). Thus when it's ready I won't be trying to insure it with 0 no claims Correct mate. And a real sod when the rule was introduced whilst between transport modes for more than 2 years. Real expensive too. Quote Link to comment Share on other sites More sharing options...
jamesmark Posted December 27, 2007 Share Posted December 27, 2007 I was told by Sky and Bell they only allow 1 year of no driving then they start you on zero NCD. Quote Link to comment Share on other sites More sharing options...
Havard Posted December 27, 2007 Share Posted December 27, 2007 Might be worth getting a quote from AON - 01352 552670. I had been a company car driver for 8 years and had 7 years no claims prior to that. When I bought the Supe I was told that I wasn't entitled to any no claims because of the company car and was only offered introductory discounts (sod all basically) I was getting quotes of between £800 and a grand..... Rang AON and they quoted me £389.00 on a limited mileage policy. If you are just insuring a shell. you may have to be creative with the mileage, but if it ain't going anywhere then you don't have a problem. They also do not look at no claims bonus, they judge you on age, driving experience, occupation etc! H. Quote Link to comment Share on other sites More sharing options...
KimberleyAnn Posted December 27, 2007 Share Posted December 27, 2007 Il never understand insurance........it confuses me. Quote Link to comment Share on other sites More sharing options...
Havard Posted December 27, 2007 Share Posted December 27, 2007 Il never understand insurance........it confuses me. It's simple, you pay them for a service that potentially doesn't exist and if you do have an accident they screw you!! H. Quote Link to comment Share on other sites More sharing options...
KimberleyAnn Posted December 27, 2007 Share Posted December 27, 2007 Very true! Quote Link to comment Share on other sites More sharing options...
Sheefa Posted December 27, 2007 Share Posted December 27, 2007 Conflicting statements from the above. Here's my experience as a policyholder and as I work for an insurance company. Yes, it's true that if you lapse 2 years without insuring your car then you will lose any NCB you have accrued. HOWEVER, that rule does not always apply and you will find that the majority of insurers understand a personal change in circumstances (university, travelling etc) and are therefore willing to accept any earned NCB providing you have driven a car during that intermittant period (providing you have been accident free) and have written proof of such. I was away at university until 2006 and hadn't had my own car and insurance policy for 3 years (2003 - 2006). Before that I had racked up 3 years NCB. Luckily I have been insured on fathers car during the 3 year gap period under his Company Fleet policy and obtained a written letter to prove to SKY INSURANCE that this was the case. With that, they accepted the applicability of my NCB and thus I now have an extra year under my belt from the Supra and shouldn't have any problems in the future. I recommend that if you have, you tell thesurance company when asking for a quote that you have had access to a car and have been insured on it, albeit under a different policholder. Greg Quote Link to comment Share on other sites More sharing options...
far Posted December 27, 2007 Share Posted December 27, 2007 I am planning to buy a very cheap car to insure so as to protect my no claims bonus. The random (and potentially stupid) question is: Can you insure a bare shell if a V5 log book is present even though the car is hardly a car? Thanks guys Short answer to your question - yes its a good idea (I did the same when I was a company car driver with no other car for 2 years) Not sure about insuring a shell, I just bought a shitbox and drove it to the dump,supermarket, B+Q etc... Quote Link to comment Share on other sites More sharing options...
marbleapple Posted December 27, 2007 Author Share Posted December 27, 2007 Thanks for the replies guys. As always you are all a great help! Quote Link to comment Share on other sites More sharing options...
Kopite Posted December 27, 2007 Share Posted December 27, 2007 It's simple, you pay them for a service that potentially doesn't exist and if you do have an accident they screw you!! H. What's the catch? A screw's a screw Quote Link to comment Share on other sites More sharing options...
marbleapple Posted December 27, 2007 Author Share Posted December 27, 2007 What's the catch? A screw's a screw True... makes me want insurance. Quote Link to comment Share on other sites More sharing options...
Havard Posted December 27, 2007 Share Posted December 27, 2007 What's the catch? A screw's a screw I suppose it's a positive in some ways, as long as you like being f*cked up the a$$..... H. Quote Link to comment Share on other sites More sharing options...
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