[h4mza]

Im 20 years old and i passed about a year ago and not driven since. So that means i don't have NCB. From what i have heard, the older you are, the cheaper you insurance gets, but does having NCB reduce the insurance price?

[mikeyd85]

You will have no NCB as you won't have had insurance. NCB reduces the cost of the insurance (hence the bonus).

Age does help, but not as much as NCB.

[KCLeblanc]

(Original post by h4mza)
Im 20 years old and i passed about a year ago and not driven since. So that means i don't have NCB.

Correct, you need to have had a car, insured it and not made any claims. Also the NCB belongs to the main driver so you won't get one from being on your mum's policy.

(Original post by h4mza)
From what i have heard, the older you are, the cheaper you insurance gets, but does having NCB reduce the insurance price?

Yes they both help to reduce your insurance price.

[James']

(Original post by mikeyd85)
Age does help, but not as much as NCB.

Not strictly true.

A 60 year old with 0 NCB will likely have a much lower insurance premium than someone with 2 years NCB at 19, for example.

And NCB pretty much 'maxes out' at around 5 years. Any additional years you gain after that doesn't really affect the premium a significant amount at all.

[karimgilani]

I'm 26 looking to buy first car, no ncb, golf 1.6 n insurance is 3k.

There's younger folk on here with ncb getting cheaper insurance.

Ncb reduces premiums more than age

This was posted from The Student Room's Android App on my HTC Desire

[kumori]

Last time I checked NCB give about 10% a year up to 70%, with 1 being about 30% (give or take) so 5 years to get the 70%; after 5 years you get 1% off until 75%.

However that being said there is normally young drivers premiums which gets reduced at 21 and removed at 25.

But a lot effects insurance, with the post code effecting it, as well as the colour of the car and countless other things so its very hard to compare insurance prices to someone living anywhere else, driving another car; unless they are your twin with the same car living next door.

[Hustler-1337]

(Original post by kumori)
Last time I checked NCB give about 10% a year up to 70%, with 1 being about 30% (give or take) so 5 years to get the 70%; after 5 years you get 1% off until 75%.

However that being said there is normally young drivers premiums which gets reduced at 21 and removed at 25.

But a lot effects insurance, with the post code effecting it, as well as the colour of the car and countless other things so its very hard to compare insurance prices to someone living anywhere else, driving another car; unless they are your twin with the same car living next door.

The colour of the car can affect premiums? Can anyone confirm this?
Whenever you ask for a quote, the insurer doesn't ask for the colour of the vehicle. Are they getting that information from the vehicle registration?


This was posted from The Student Room's iPhone/iPad App

[kumori]

(Original post by Hustler-1337)
The colour of the car can affect premiums? Can anyone confirm this?
Whenever you ask for a quote, the insurer doesn't ask for the colour of the vehicle. Are they getting that information from the vehicle registration?


This was posted from The Student Room's iPhone/iPad App

oh it may be different now, I just checked my car insurance and it is not listed.

about 5+ years ago an insurance company said that silver cars are slight more to insurance, since they are stolen more often then say red cars. so im not sure if they still go off the colour.

after looking on google, apparently it have never effected car insurance since the do not even look at what colour it is.

[Jaayson]

(Original post by Hustler-1337)
The colour of the car can affect premiums? Can anyone confirm this?
Whenever you ask for a quote, the insurer doesn't ask for the colour of the vehicle. Are they getting that information from the vehicle registration?


This was posted from The Student Room's iPhone/iPad App

Red, Yellow and Black are seen as sports colours for cars, not sure how it affects insurance. When quoting up various cars for me, the red car of the same model came up at the most. Saying that it was 6 months newer than the others. Same valuation bracket though.

[Phantom Shadow]

Age will help premiums a bit, but the main facter (at least for me) is how long i've had my license.

Forgot to put 2 in for no. of years had license in a recent quote and it was about £3500, put in i had 2 years on my license (no NCB) and it changed to £907. NCB will help but having held your license for longer seems to help the most.

[karimgilani]

Or being a woman.

My insurance quote is £700 cheaper if I were a bird.

This was posted from The Student Room's Android App on my HTC Desire

[james1211]

(Original post by Phantom Shadow)
Age will help premiums a bit, but the main facter (at least for me) is how long i've had my license.

Forgot to put 2 in for no. of years had license in a recent quote and it was about £3500, put in i had 2 years on my license (no NCB) and it changed to £907. NCB will help but having held your license for longer seems to help the most.

How? I believe you, but surely just holding a license but not actually driving doesn't make you a better or safer driver at all

[james1211]

stop talking crap. none of that applies here.

[Phantom Shadow]

(Original post by james1211)
How? I believe you, but surely just holding a license but not actually driving doesn't make you a better or safer driver at all

Suppose its just on statistics those who have had they're license for 2 years have usually been driving still and more experienced.

Although I don't have any NCB i have still been driving 2 cars for the last 2 years.