Insurance for 2nd car?

hogweed · 2nd April 2018, 19:05

Having retired now, I’m thinking of buying a little toy, in the shape of an immaculate MG TF (all remedial work done etc etc). Trouble is, I have to insure it, and have just realised I can’t claim my 40 years’ NCD, as it can only be applied to one car apparently.

I don’t really want to fork out on a brand new policy, with no NCD. I only renewed the insurance on the Rover 6 months ago, so I’m not in a position to take out a 2-car policy or whatever they’re called (not sure how good value for money they are anyway?)

Anybody else been in this position? Suggestions welcome

keithst24 · 2nd April 2018, 19:12

Try Peter Best on a limited mileage policy...I use them for Bumble.. or go through a broker as they can find companies to mirror no claims if you need more miles.

stevestrat · 2nd April 2018, 19:17

It can work out cheaper to have a sensible mileage limit (say 10k) rather than a low one.

keithst24 · 2nd April 2018, 19:19

Quote:

Originally Posted by stevestrat

It can work out cheaper to have a sensible mileage limit (say 10k) rather than a low one.

Peter Best modern classic insurance has a 5000 mile limit ... enough for me but not everyone.

anddyy · 2nd April 2018, 19:25

As above peter best on a classic policy or what I use to do was go to an insurance broker and ask them to mirror your no claims bonus onto the second car.

hogweed · 2nd April 2018, 19:31

Thanks guys – may seem silly, but I haven't got a clue what my annual mileage would be now I’ve retired. Might well be less than 5000, but what happens if I go over?

And thanks for the other pointer – I didn’t know any companies would “mirror” NCD

keithst24 · 2nd April 2018, 19:36

Quote:

Originally Posted by hogweed

Thanks guys – may seem silly, but I haven't got a clue what my annual mileage would be now I’ve retired. Might well be less than 5000, but what happens if I go over?

And thanks for the other pointer – I didn’t know any companies would “mirror” NCD

You cant go over 5k with PB or they wont re insure ... mirror the no claims may be a better option if unsure of your annual mileage

MSS · 2nd April 2018, 21:21

LV will normally mirror NCD. They are not the cheapest but provide very good service.

Typhoon190 · 2nd April 2018, 21:42

Quote:

Originally Posted by mss

LV will normally mirror NCD. They are not the cheapest but provide very good service.

As above. Try phoning around the multi-car insurances offerings like Hastings, Admiral etc.

No claims discount is a sales gimmick, that's why the 'mirroring' of NCD is offered to a customer the insurance company considers low risk I'd imagine. I got this with my project cars.

SCP440 · 2nd April 2018, 21:44

Quote:

Originally Posted by mss

LV will normally mirror NCD. They are not the cheapest but provide very good service.

A lot of insurance companies will do this if you have a cleanish record, use a decent broker and they will sort it out for you.

2nd April 2018, 19:05	#1
hogweed I really should get out more....... Vauxhall Insignia CDTi; MG TF 135 Join Date: Jan 2010 Location: Norn Iron Posts: 2,958 Thanks: 942 Thanked 378 Times in 297 Posts	Insurance for 2nd car? Having retired now, I’m thinking of buying a little toy, in the shape of an immaculate MG TF (all remedial work done etc etc). Trouble is, I have to insure it, and have just realised I can’t claim my 40 years’ NCD, as it can only be applied to one car apparently. I don’t really want to fork out on a brand new policy, with no NCD. I only renewed the insurance on the Rover 6 months ago, so I’m not in a position to take out a 2-car policy or whatever they’re called (not sure how good value for money they are anyway?) Anybody else been in this position? Suggestions welcome __________________ Past cars: MGB GT; Escort 1300 Sport; Vauxhall VX4/90; Marina Coupe TC; Celica ST (1972); Montego Turbo; Astra GTE 16V; Astra GSI 16V; Golf GTI 16V (Mk II); Sierra XR4x4 Estate; BMW 325i (E30); BMW M3 3.0; BMW M3 3.2 Evo. Left some of the more embarrassing ones out. And about 30 motorbikes.

2nd April 2018, 19:12	#2
keithst24 This is my second home X Power Grey MGZT 180+ Auto... Bumble & 1.8T Odessey Rover 75 Contemporary SE manual Join Date: Nov 2015 Location: Reigate Posts: 5,375 Thanks: 2,254 Thanked 1,801 Times in 1,403 Posts	Try Peter Best on a limited mileage policy...I use them for Bumble.. or go through a broker as they can find companies to mirror no claims if you need more miles. __________________ [SIGPIC][/SIGPIC] Bumble Membership Number 35478 Born Monday, 16th June 2003 @ 14:30:35 This vehicle was the 9,196th ZT to run off the production line, out of 18,894 This vehicle was the 576th ZT 180 + to be made out of 828 This vehicle was the 871st ZT in XPower Grey (code: LEF) to be made out of 3,143 XPower Grey ZTs

2nd April 2018, 19:17	#3
stevestrat This is my second home ZT260 #243 (resting) Join Date: May 2010 Location: Prestonpans Posts: 22,487 Thanks: 650 Thanked 4,624 Times in 3,358 Posts	It can work out cheaper to have a sensible mileage limit (say 10k) rather than a low one. __________________ Steve T4 Location Map

2nd April 2018, 19:31	#6
hogweed I really should get out more....... Vauxhall Insignia CDTi; MG TF 135 Join Date: Jan 2010 Location: Norn Iron Posts: 2,958 Thanks: 942 Thanked 378 Times in 297 Posts	Thanks guys – may seem silly, but I haven't got a clue what my annual mileage would be now I’ve retired. Might well be less than 5000, but what happens if I go over? And thanks for the other pointer – I didn’t know any companies would “mirror” NCD __________________ Past cars: MGB GT; Escort 1300 Sport; Vauxhall VX4/90; Marina Coupe TC; Celica ST (1972); Montego Turbo; Astra GTE 16V; Astra GSI 16V; Golf GTI 16V (Mk II); Sierra XR4x4 Estate; BMW 325i (E30); BMW M3 3.0; BMW M3 3.2 Evo. Left some of the more embarrassing ones out. And about 30 motorbikes.

2nd April 2018, 19:25	#5
anddyy Avid contributor mg zt 180+ Join Date: May 2015 Location: blackpool Posts: 182 Thanks: 15 Thanked 38 Times in 34 Posts	As above peter best on a classic policy or what I use to do was go to an insurance broker and ask them to mirror your no claims bonus onto the second car.

2nd April 2018, 21:21	#8
MSS This is my second home Rover 75CDT, Jaguar XF-S 3.0V6, V'xhall Omega V6 Estate, Twintop 1.8VVT, Astra Estate and Corsa 1.2 Join Date: Dec 2007 Location: Suffolk Posts: 7,085 Thanks: 283 Thanked 624 Times in 440 Posts	LV will normally mirror NCD. They are not the cheapest but provide very good service.