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Downsizing to one car, lose no claims in future?

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  • 10-05-2019 11:07am
    #1
    jackc101
    Registered Users Posts: 94 ✭✭


    Hi,
    We're planning on downsizing from two cars to one car for financial/biking/idle car/common sense reasons.
    Currently we're each on a Liberty policy, each as the main insured on our respective cars and as named driver on the other.

    If I get rid of my car, I'll be named driver on my OH's car.
    If we ever decide to get a second car again, would I be punished for losing my 10 years no claims, or would the named driver count, but to a lesser amount?


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    #2
    coylemj
    Registered Users Posts: 25,455 ✭✭✭✭coylemj


    You can rotate each year between you and your partner as the policyholder and hang on to both NCDs. Neitherof you will ever be more than a year without a policy so both of your NCDs will be preserved.


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    #3
    Cakerbaker
    Registered Users Posts: 850 ✭✭✭Cakerbaker


    As above. My husband and I swap insurance on our car every year. From dealing with our broker it seems relatively common.


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    #4
    SCOOP 64
    Registered Users Posts: 5,263 ✭✭✭SCOOP 64


    Thats a good idea.


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