I'm currently 10 months in to a policy with Endsleigh with my current car but I'm buying a 1.8 civic tomorrow. I rang up Endsleigh expecting the premium to go up a bit because it's in a higher insurance group, but they told me the underwriters, Zurich, won't insure me on the civic because I need 3 years no claims (I've got 2 years and will have 3 years in 2 months
). The best they could offer me was a new 12 month policy at £1700, but I've had various other quotes for under £700.
As I'll only get refunded £30 for cancelling my current policy with Endsleigh, I'm thinking I might as well let the policy run for the remaining 2 months so I don't lose my 3rd years no claims, and take out a new policy for the civic.
The only issue with this is that I will then always be 2 months away from receiving my no claims discount for that year, unless I always overlap my policies by 2 months.
Does anybody have a better solution or any advice for my best course of action?
EDIT: Thinking about it, if my 2 years no claims are being used on my existing policy, will I also be able to use them on the new policy?