Can I Insure Two Cars With the Same No Claims Discount?
19/04/2024
Owning more than one car has become increasingly common in the UK, whether it's for a growing family, a hobby vehicle, or simply the need for a second mode of transport. If you have multiple cars, you might wonder if you can use your hard-earned No Claims Discount (NCD) on more than one vehicle. Understanding how NCD works and the options available to you can help you make the most of your car insurance policies.
Can I Use My No Claims Discount on Two Car Insurance Policies?
In most cases, no - you cannot directly use the same no claims discount (NCD) or no claims bonus (NCB) on two separate car insurance policies simultaneously. Insurance providers typically have rules that restrict the application of your earned NCD to only one policy at a time.
However, there are some exceptions and alternative options to consider:
Transferring Your NCD
While you can't use the same NCD twice concurrently, you can usually transfer your accrued no claims years/discount percentage when switching insurance providers or insuring a new vehicle. Many insurers will honor the NCD earned from your previous policy.
Spousal/Partner Transfer
A few insurers may allow you to transfer your NCD to your spouse's or partner's car insurance policy instead of your own. However, the NCD can still only be used on one policy.
Mirrored No Claims Discounts
Some insurers offer "mirrored" or "duplicated" no claims discounts, which essentially allow you to apply your earned NCD to multiple policies simultaneously - but only if all the vehicles are insured with that same provider. Strict eligibility criteria usually apply.
Multi-Car Policies
With a multi-car insurance policy covering multiple vehicles at the same address, each car is treated separately with its own driver and NCD. However, you still cannot use the same NCD across those policies. Multi-car policies often provide bundled discounts instead.
In summary, while directly applying one NCD to two separate policies is not permitted, you do have options to transfer your discount when changing insurers or vehicles. A few providers offer mirrored discounts, but terms vary. Exploring multi-car bundles could also lead to savings when insuring multiple vehicles in your household.
This article is designed to offer general advice and may not apply to every insurance, broker, insurer, cover or policy. You would need to check the individual policy benefits of each cover with your insurer or broker.
