Motor Trade Insurance No Claims

[marje]

Hi, does anyone know if no claims bonus from Motor Trade Insurance can be transferred over to ordinary motor insurance when no longer a trader?

Thanks.

[twix123]

You need to ask either the insurer or the broker you dealt through.

[twix123]

Further to my previous response, I've discussed this with my Motor Trade Team who inform me that Insurers generally wont allow NCB from M/Trade policies to be transferred to Private Motor Policies, but where traders are ceasing to trade and reverting back to private policies they usually obtain a Claim Free Driving letter from the M/Trade insurers to confirm the number of claim free years they have had. Generally they find that most private motor insurers will accept this.