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how long is ncb valid for after i cancel my policy?

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  • 04-10-2010 9:54pm
    #1
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭


    if i cancel my policy, how long will my ncb remain valid for? can i wait a year before taking out a new policy? 2 years?

    is there an industry standard or does it depend on the company?

    thanks


Comments

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    #2
    oldyouth
    Closed Accounts Posts: 4,754 ✭✭✭oldyouth


    It's usually valid up to 2 years from the expiry date


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    #3
    bladespin
    Registered Users Posts: 7,347 ✭✭✭bladespin


    Varies from company to company, on motorcycles it's 2 years, most car insurers keep it for 5. Not sure about other policy types.


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    #4
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭Random


    i'm asking about an insurance policy on a private motor car.


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    #5
    oldyouth
    Closed Accounts Posts: 4,754 ✭✭✭oldyouth


    bladespin wrote: »
    Varies from company to company, on motorcycles it's 2 years, most car insurers keep it for 5. Not sure about other policy types.
    Not a chance I'm afraid. Insurers have to factor in too many variables as to the long gap between policies


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    #6
    bladespin
    Registered Users Posts: 7,347 ✭✭✭bladespin


    oldyouth wrote: »
    Not a chance I'm afraid. Insurers have to factor in too many variables as to the long gap between policies


    Mine said they would when I asked, that's a chance.
    Quinn have also accepted a 5yr old NCB on a motorcycle too.


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