Question for Jason Livingstone

suprasteve · 19th June 2008, 12:55 PM

I have a question which you may be able to help with although I presume you will not want to answer. I have had great debates about protected no claims bonus. Now what happens in my opinion you can have an accident with PNCB of 10 years when you come to renew your insurance policy you will still get the 10 years with the company you are still with.

My question arises when you have PNCB and an accident and you want to change companies (obviously after an accident the renewal with the existing company goes up with them wanting to get back some of the money they have paid out) you can say you have 10 NCB but you will always be asked if you have had an accident in the last 3 years and I’m sure they will take this accident into consideration when providing the quote regardless of your protected status or not.

To summarise if you do move your car insurance from company to company is it worthwhile paying the extra to protect your no claims bonus?

UltraFlynn · 19th June 2008, 01:46 PM

Quote:

Originally Posted by suprasteve

I have a question which you may be able to help with although I presume you will not want to answer.

Why would you presume that? I'm utterly certain that Jason will answer.

Barney · 19th June 2008, 01:49 PM

I'm sure Jason would be more than happy to answer all queries as and when time permits.

suprasteve · 19th June 2008, 01:55 PM

The reason i suspect he won't want to answer is if my suspesions are true PNCB are not worth the payment you make for them. But lets see what he responds with!

Barney · 19th June 2008, 02:24 PM

Quote:

Originally Posted by suprasteve

The reason i suspect he won't want to answer is if my suspesions are true PNCB are not worth the payment you make for them. But lets see what he responds with!

I think we are all cynical when it comes to car insurance and insurance firms, but I can assure you Steve, Jason Livingstone is a breath of fresh air, if I know Jason he won't shy away from tough questions, and he also will say it as it is, good or bad.

suprasteve · 19th June 2008, 06:44 PM

Quote:

Originally Posted by Barney

I think we are all cynical when it comes to car insurance and insurance firms, but I can assure you Steve, Jason Livingstone is a breath of fresh air, if I know Jason he won't shy away from tough questions, and he also will say it as it is, good or bad.

I agree I have had a couple of PM's from him and I do find him open and honest but maybe the answer to this question could affect his business and therefore he might not want to answer was the point I was trying to make. At no time was I accusing him of being dishonest and my original post was an open thought that possible he would want to keep some things secret, at no point was it an attack on him personally!

Angry Koala · 21st June 2008, 03:39 PM

I've always thought of PNCB as something of a loyalty scheme. It works in the same way that the Direct Line (and others) ncb for named drivers works - if you stay it's great, but if you want to move to another company tough titties!

Also (from what I've been told and from the small print on previous policy paperwork) it's not completely protected in real life as if you were unfortunate enough to have to make more than 2 claims in 12 months it would be null and void and you would drop back to 4 years (ie lose 1 year from max 5 taken into account for discounts).

However, one question I've always been asked after "have you had a claim in the last 3 (or 5) years is "did this affect your ncb?". I have had to answer yes to both of these (for a claim in 2003) but my answer would have been yes and then no had I had PNCB. No idea what effect this would then have though.

suprasteve · 26th June 2008, 08:28 AM

Well , maybe I was right in my original Mail and jason doesn't want to answer my question!

UltraFlynn · 26th June 2008, 09:01 AM

He hasn't logged in since 22nd June 2008. Perhaps he's on holiday.

Mustdriveslower · 5th July 2008, 09:03 PM

No the reason I didn't answer is I didn't read it!

Can I ask if there are any questions or posts you drop me a PM to read the post as I completely missed this one until now!

Well back to the post and in essence the question is "is it worth protecting your bonus" and my answer is "most of the time yes". Of course there are no hard and fast rules so I bet ya that someone will now post giving an example of how it wasn't.

First rule of insurance is there isn't any common sence with Insurance! so here we have each company having their own rules and often this is where it all gets messy and agravating.

MOST and I stress most, companies run there own rules when you swop from one company to another. For instance some give 2 fault claims before you lose your bonus from protected some reduce to zero bonus some to 2 years some give guaranteed bonus which means that they NEVER take your bonus away but every other insurer will and as they know that they load you instead. There is no justice!

Ask anyone with max bonus who has a claim if they wish they had of protected the bonus! Guess what, they will say yes!

I would guess that in the main it is worth protecting your bonus but that's easy for me as I am an old codger and my insurance is cheap compared to a lot of you on this forum. An extra 10 to 15% or so (the normal cost) is a lot of money.

Hope that answers it pretty much but please fell free to ask away any questions. I am not good at answering how to combat speed cameras or the bill though hence my log in name.

ATB

Jason

19th June 2008, 12:55 PM	#1
suprasteve Senior Member Jap Spec SZ - 5 sp Manual (NA) Join Date: May 2005 Location: manchester Posts: 473	Question for Jason Livingstone I have a question which you may be able to help with although I presume you will not want to answer. I have had great debates about protected no claims bonus. Now what happens in my opinion you can have an accident with PNCB of 10 years when you come to renew your insurance policy you will still get the 10 years with the company you are still with. My question arises when you have PNCB and an accident and you want to change companies (obviously after an accident the renewal with the existing company goes up with them wanting to get back some of the money they have paid out) you can say you have 10 NCB but you will always be asked if you have had an accident in the last 3 years and I’m sure they will take this accident into consideration when providing the quote regardless of your protected status or not. To summarise if you do move your car insurance from company to company is it worthwhile paying the extra to protect your no claims bonus? __________________ Black MkiV supra (oh yes) Steve's thought of the day: Always walk in another mans shoes for a mile before criticising him. That way if he takes offence you'll be a mile away and he will be chasing you in socks!

19th June 2008, 01:49 PM	#3
Barney MSOC on winner's podium UK Spec - Auto Join Date: Sep 2004 Location: Wiltshire. UK Posts: 3,586	I'm sure Jason would be more than happy to answer all queries as and when time permits. __________________ Barney (A Timex watch in a digital age) Lexus Royal Sapphire Blue 94UKMKIVTT Auto + Bits + Chris Wilson magic! PEOPLE SHOULD NOT BE AFRAID OF THEIR GOVERNMENTS. GOVERNMENTS SHOULD BE AFRAID OF THEIR PEOPLE

19th June 2008, 01:55 PM	#4
suprasteve Senior Member Jap Spec SZ - 5 sp Manual (NA) Join Date: May 2005 Location: manchester Posts: 473	The reason i suspect he won't want to answer is if my suspesions are true PNCB are not worth the payment you make for them. But lets see what he responds with! __________________ Black MkiV supra (oh yes) Steve's thought of the day: Always walk in another mans shoes for a mile before criticising him. That way if he takes offence you'll be a mile away and he will be chasing you in socks!

26th June 2008, 08:28 AM	#8
suprasteve Senior Member Jap Spec SZ - 5 sp Manual (NA) Join Date: May 2005 Location: manchester Posts: 473	Well , maybe I was right in my original Mail and jason doesn't want to answer my question! __________________ Black MkiV supra (oh yes) Steve's thought of the day: Always walk in another mans shoes for a mile before criticising him. That way if he takes offence you'll be a mile away and he will be chasing you in socks!

5th July 2008, 09:03 PM	#10
Mustdriveslower Junior Member None - Don't currently own a MKIV Supra. Join Date: May 2008 Location: Somerset Posts: 47	No the reason I didn't answer is I didn't read it! Can I ask if there are any questions or posts you drop me a PM to read the post as I completely missed this one until now! Well back to the post and in essence the question is "is it worth protecting your bonus" and my answer is "most of the time yes". Of course there are no hard and fast rules so I bet ya that someone will now post giving an example of how it wasn't. First rule of insurance is there isn't any common sence with Insurance! so here we have each company having their own rules and often this is where it all gets messy and agravating. MOST and I stress most, companies run there own rules when you swop from one company to another. For instance some give 2 fault claims before you lose your bonus from protected some reduce to zero bonus some to 2 years some give guaranteed bonus which means that they NEVER take your bonus away but every other insurer will and as they know that they load you instead. There is no justice! Ask anyone with max bonus who has a claim if they wish they had of protected the bonus! Guess what, they will say yes! I would guess that in the main it is worth protecting your bonus but that's easy for me as I am an old codger and my insurance is cheap compared to a lot of you on this forum. An extra 10 to 15% or so (the normal cost) is a lot of money. Hope that answers it pretty much but please fell free to ask away any questions. I am not good at answering how to combat speed cameras or the bill though hence my log in name. ATB Jason __________________ At my age I really should know better! Higos Insurance Services 01935 706258 http://www.higos.com/schemes/supra/ http://www.youtube.com/user/mustdriv.../4/FGHUSmPxd_w

21st June 2008, 03:39 PM	#7
Angry Koala Senior Member None - Don't currently own a MKIV Supra. Join Date: Apr 2007 Location: uk Posts: 521	I've always thought of PNCB as something of a loyalty scheme. It works in the same way that the Direct Line (and others) ncb for named drivers works - if you stay it's great, but if you want to move to another company tough titties! Also (from what I've been told and from the small print on previous policy paperwork) it's not completely protected in real life as if you were unfortunate enough to have to make more than 2 claims in 12 months it would be null and void and you would drop back to 4 years (ie lose 1 year from max 5 taken into account for discounts). However, one question I've always been asked after "have you had a claim in the last 3 (or 5) years is "did this affect your ncb?". I have had to answer yes to both of these (for a claim in 2003) but my answer would have been yes and then no had I had PNCB. No idea what effect this would then have though.

26th June 2008, 09:01 AM	#9
UltraFlynn [52.4 Miles] 50 MC 8:41 None - Don't currently own a MKIV Supra. Join Date: Nov 2004 Location: Essex, UK Posts: 4,945	He hasn't logged in since 22nd June 2008. Perhaps he's on holiday.

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