SV650.org - SV650 & Gladius 650 Forum - View Single Post - When is no claims bonus not no claims bonus?

21-03-11, 08:47 AM

Don't forget to surrender your tax and SORN it then, I believe continuous insurance comes in on April 1st? Yes, what the woman says on the phone is correct. They don't know that you won't renew the 650 on 29th March using that no claims bonus, so they can't give you that NCB on the Thou. You need to phone your insurance company for the 650, tell them you are cancelling your policy, post your insurance certificate back to them and they will send you a proof of no claims. You may still find you get charged full whack for the thou, or at least a penalty equivalent to full whack for a period of time, as you have been insured for a period of time on the basis of an NCB which cannot be applied. If that happens you could cancel that policy under your 14 day cooling off period, and start a new policy once your NCB has been freed up.

21-03-11, 08:47 AM	#7
-Ralph- Guest Posts: n/a	Re: When is no claims bonus not no claims bonus? Don't forget to surrender your tax and SORN it then, I believe continuous insurance comes in on April 1st? Yes, what the woman says on the phone is correct. They don't know that you won't renew the 650 on 29th March using that no claims bonus, so they can't give you that NCB on the Thou. You need to phone your insurance company for the 650, tell them you are cancelling your policy, post your insurance certificate back to them and they will send you a proof of no claims. You may still find you get charged full whack for the thou, or at least a penalty equivalent to full whack for a period of time, as you have been insured for a period of time on the basis of an NCB which cannot be applied. If that happens you could cancel that policy under your 14 day cooling off period, and start a new policy once your NCB has been freed up.