Insurance. No claims discount?

[Spyro]

I'm with Navigators and General and get 5% every year. Do all other insurance companys do the same?

 

[MoodySabre]

Mine with GJW has max'd out at 20%

 

[philip_stevens]

I'm also on max with GJW, but got a better quote from another insurer, and they matched it.

 

[Skylark]

Mine is with Yachtline. It, too has max'd at 20%.

I've just send them an e-mail advising of an early "in commission" date. My policy specifies 1st April but I'm due to be launched on 26th March.

 

[Ecosse120]

Mine is 5% a year but I always note that the insurance increase per year is always just over 5% !!!

 

[FAITIRA]

[ QUOTE ]
Mine with GJW has max'd out at 20%

[/ QUOTE ]

Mine too, argued about it, to no avail! P ain in the bum after 20ish yrs, which d#cks are we/I subsidising?

 

[mormargh]

Gimmick, really. Think of it as an additional voluntary excess, which has much the same effect. Mind you, even heard of a company allowing one claim a year without impacting the NCD, but they were more expensive in the first place. Don't think they will be around too long!

 

[lw395]

Its not so much the NCD that matters as being able to answer 'no' to the right questions, a couple of claims in 5 or even 10 yrs can be a problem. Look at the bottom line cost and the cover. Particularly the exclusions!
Personally I will take a big excess to avoid paperwork for a minor claim, rather than claim for a little scratch, get it fixed, move on.
Been happy with Fastnet in southampton.

 

[cliffordpope]

N & G have just given me 10 % introductory discount and NCD even though I haven't had a policy for 20 years. Even before knocking that off, their quote (small boat policy) was by far the best.

 

[Richard10002]

Switched to Pantaenius last March = premium £980 +/-

Renewed this month premium £980+/- with 1 years NCB

guess what it will be next year with 2 years NCB /forums/images/graemlins/smile.gif