Proof of no claims

Anyone know how Proof of no Claims works with Insurance companies? Do they cap it at a certain level? I tend to change my insurance every year but regardless of how many years I haven't made a claim (never have) the proof of no claims is always either 5,

6 or 7 years!

I have a letter dated in 1999 with 7 years proof of no claims. Since then I haven't been asked for proof from insurance companies apart from last week when my renewal came up and I changed company. They asked to see proof of my no claims. So I contacted my previous company and they supplied a letter saying I had 7 years no claims. Even although I have never made a claim in

20 years driving!!

Cheers.

Reply to
RoundSquare
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In news:43ecac85$0$3606$ snipped-for-privacy@ptn-nntp-reader04.plus.net, RoundSquare wrote something quite bizarre, possibly in an effort to confuddle the world. It went like so;

They cap it normally at around 5 years. Makes sense really.

Think of it this way, you get somewhere around 20% off for your first years NCB, then 10% for the second year, 10% per year for the third, fourth and fifth years

If you had 10 years NCB then your insurance would be free.

Reply to
Pete M

It's still a bugger that nobody recognises decades of claim-free driving in some way. I don't suppose you're that much less likely to have an accident after 20 years than you are after 10 years, but even so...

Si

Reply to
Mungo "Two Sheds" Toadfoot

The message from "Pete M" contains these words:

I reckon they ought to be paying me by now.

Reply to
Guy King

Or mileage. I've got over 1.5 million miles of accident free driving which is equivalent to 125 years worth of average car driving mileage.

Reply to
Conor

But you're like, 142 anyway though, aren't ya?

Reply to
Sandy Nuts

The message from "Sandy Nuts" contains these words:

Through Saga and out of the other end!

Reply to
Guy King

there is somthing wierd/mischeivious about the way they calculate the bonus as well, if you have loading due to points/ convictions / age or other high risk then I don't think the bonus will deduct from that part of the premium, it only counts against the 'standard premium' what ever they call this. . I think I lost my bonus last year.. so I'm still waiting to see how much it costs me.. ( 2 accidents in < 5 years ) bugger !!

Simon

Reply to
mr p

is equivalent to 125 years worth of average car driving mileage.

Nah, He's a pilot

Reply to
Matt Smith

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