Insurance

[toenheel]

Morning all

My insurance is due on the 30th and I'm with classic line currently, the only issue is my no claims will expire after another years insurance any suggestions for other providers who will accept supersprint and Ap's with guaranteed value??

Phil

[Bounce]

Morning all

My insurance is due on the 30th and I'm with classic line currently, the only issue is my no claims will expire after another years insurance any suggestions for other providers who will accept supersprint and Ap's with guaranteed value??

Phil

How many years can your no claims not be used before they expire then ?

[phoenixcsl]

How many years can your no claims not be used before they expire then ?

Two years IIRC

[toenheel]

Yep 2 years, it is "held" against my classic line policy so need to check if this means it won't expire. Who is everyone else using?

[Trawler]

I'm confused. I thought no claims years went up with every year you have been a good boy/girl. Never heard of no claims bonus expiring.

[toenheel]

I'm confused. I thought no claims years went up with every year you have been a good boy/girl. Never heard of no claims bonus expiring.

It's because classic line policy is a classic car insurance policy so they don't give you no claims. As no claims are valid for 2 years if I reinsure with them I run the risk of losing the no claims I've built up. I did ask for it to be held against the policy so need to check how long I can do this.

[Trawler]

It's because classic line policy is a classic car insurance policy so they don't give you no claims. As no claims are valid for 2 years if I reinsure with them I run the risk of losing the no claims I've built up. I did ask for it to be held against the policy so need to check how long I can do this.

Thanks. I need to check this out as I'm with classic line and niaevely thought my no claims bonus just rolls on. Will ring them tomorrow.

[Bounce]

I'm with Classicline and knew they don't use no claims,but said they would hold it for me,didn't realise it would expire 😳

[s.mac]

They told me they held it as long as you are with them, you just don't get anymore years added on, ie it's held at what it is when you start with them.

[Trawler]

So when we change insurance company will classic line send proof of no claims?

I remember I had to send proof to them.

[toenheel]

So when we change insurance company will classic line send proof of no claims?

I remember I had to send proof to them.

Thats what I'm just emailing them about now.

[toenheel]

Right I have some clarity now, basically Classicline will hold your no claims at the amount they were when you joined them, in my case 6 years. As and when I need them they will issue a letter for proof. I've just agreed £666 31 yr old, 56k mile CSL with supersprint and full AP's. Guaranteed value at £55k.

[Trawler]

Right I have some clarity now, basically Classicline will hold your no claims at the amount they were when you joined them, in my case 6 years. As and when I need them they will issue a letter for proof. I've just agreed £666 31 yr old, 56k mile CSL with supersprint and full AP's. Guaranteed value at £55k.

Still trying to get my head round this. Let's say you stay with Classic Line for 4 years and don't have a claim then if they issue a letter of proof are they going to to state you have not had an accident for 6 or 10 years? If I was obtaining quotes I would tell the insurance company I have 10 years no claims. This would not look good if I changed insurer & Classic Line then issued a letter stating 6.

[toenheel]

Still trying to get my head round this. Let's say you stay with Classic Line for 4 years and don't have a claim then if they issue a letter of proof are they going to to state you have not had an accident for 6 or 10 years? If I was obtaining quotes I would tell the insurance company I have 10 years no claims. This would not look good if I changed insurer & Classic Line then issued a letter stating 6.

The no claims is not used against the classicline policy just held with classicline so as not to expire seperately. At any point they will issue proof of your no claims if you need to take another policy out elsewhere but it will be for the amount of years that you had when you first contacted them to hold for you.

[Yanto_csl]

Tried classic line today. Good quote, but there was another interesting perspective.

I asked about the protected no claims (mine is full) and they had quoted me without taking this into account. I.e no no claims.

I asked they run it again, and the quote was no different, telling me for these types of policies, no claims didn't really matter.

Then I said, what if I decide to move my insurance on from them to another provider at a future point, there was a convuleted explanation around other classic car insurance would prob honour it, but the mainstream firms might not because they have an expectation that a punters no claims bonus is used against their daily, not the car they're insuring with classic line. Now, even though I rarely drive CSL, it's my main insured car. The daily GTi is in wife's name.

So another consideration...depending on your usage and insurance set up with other cars