No Claims Bonus for Car Insurance

Providing Details of No Claims Bonus (NCB)
When you take out a car insurance policy with a new company and you have declared that fact you have no claim bonus entitlement you will have to provide details and proof of this to you new insurance company or insurance brokers. Here are some key facts that might help you to be prepared when dealing with no claims bonus and new car insurance companies.

Is the no claims bonus from a Broker or Insurance Company?
If it is from an Insurance company, – this will be acceptable providing all the other information on the document is correct. Some broker bonuses are acceptable but full details should be given in order for necessary checks to be made. If from a broker we need to obtain telephone no claims bonus confirmation from the insurance company, we may also contact the insurance brokers to get the insurance company’s details.

No claims bonus name should match name of policyholder!
Is this a mirrored no claims bonus, proof of driving on someone else’s policy!
If the answer is no it cannot be accepted. If the answer is yes then the insurance representative will have to check to make sure the no claims bonus matches up with the policy.

Expiry date on no claims bonus should tally up with the inception date of the new policy!
If it does the insurance representative can continuing checking other details. If it doesn’t and the no claims bonus relates to the same car we are insuring then we need to find out where the vehicle has been insured/kept for the interim period. If the period is less than a week we can accept verbal confirmation and note the diary (providing explanation is acceptable), if the period is more than a week then we need confirmation in writing before policy can be released (providing explanation is acceptable).

Any Claims, Convictions should be checked!
All details will have to be provided and checked

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