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Author 10 month accelerator policies (insurance question)
purple_corsa_gls
Member

Registered: 25th May 04
Location: Near Sunderland
User status: Offline
29th May 05 at 12:17   View User's Profile U2U Member Reply With Quote

i've had a quote from elephant for £821, being 19, no ncb, on a 1.6 Stilo thought that was pretty good. The only thing is its a 10 month accelerator policy. If i were to cancel after a year do other companies look at this as a years no claims bonus or do they just laugh at me for taking out the policy?
vibrio
Banned

Registered: 28th Feb 01
Location: POAH
User status: Offline
29th May 05 at 12:19   View User's Profile U2U Member Reply With Quote

yes
sassyminx
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Registered: 10th Jan 04
Location: Hartlepool Drives: Cossie
User status: Offline
29th May 05 at 12:22   View User's Profile U2U Member Reply With Quote

mines a 10mth bonus accelerator policy and yes it counts as a years ncb
Predator Corsa
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Registered: 29th Sep 03
Location: Kent
User status: Offline
29th May 05 at 12:22   View User's Profile U2U Member Reply With Quote

i think thats the idea of a 10 month 1, means u get your 1 yr ncd sooner.

im doin that with elephant on my next renewal
purple_corsa_gls
Member

Registered: 25th May 04
Location: Near Sunderland
User status: Offline
29th May 05 at 12:23   View User's Profile U2U Member Reply With Quote

but do other insurers not look at it like youve only had the policy ten months, therefore not a full year, so you dont have 1 year ncb?
Mikorsa16v
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Registered: 2nd Sep 02
Location: Burgess Hill, West Sussex
User status: Offline
29th May 05 at 12:25   View User's Profile U2U Member Reply With Quote

iv got 2 years (10 month accelerator) worth of NCB, and have wondered this il just stay with elephant i think
purple_corsa_gls
Member

Registered: 25th May 04
Location: Near Sunderland
User status: Offline
29th May 05 at 12:27   View User's Profile U2U Member Reply With Quote

i wasnt sure if they give you a decent price for your 10 month policy, then your renewal is about £500 more and you cant go elsewhere because no one would accept this.
Nath
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Registered: 3rd Apr 02
Location: MK
User status: Offline
29th May 05 at 12:32   View User's Profile U2U Member Reply With Quote

How would they know you've only had a 10 month policy? When they ask how many years NCB just say however many you have, don't mention the 10 month thing, not that I would see it being a problem anyway.
James_DT
Member

Registered: 9th Apr 04
Location: Cambridgeshire
User status: Offline
29th May 05 at 14:52   View User's Profile U2U Member Reply With Quote

Exactly. New insurers just ask for your NCB, not how long you had your old policy.
MoNkEy MaGiC
Member

Registered: 12th Apr 03
Location: West - London Drives: Corsa GSi
User status: Offline
29th May 05 at 15:12   View User's Profile U2U Member Reply With Quote

yes your all right..

i was on a 10 month bonus accelerator with "Admiral" who are a part of elephant and they are literally identical companies!!

at the end of the 10 month/policy period, they sent me a new "certificate" and a new "policy Schedule" i did not renew my policy so had to post back the certificate and was told to keep the schedule, which had all my personal and car details etc and it said Clearly at the top 1yr NCB PROOF

deanmcreynolds26
Member

Registered: 15th Sep 03
Location: E46 //M3
User status: Offline
29th May 05 at 16:32   View User's Profile U2U Member Reply With Quote

u ask them for proof after 10 months u get a certificate saying 1 years NCB!

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