Will My Premium Go Up?
It depends on the risk profile of your new car. Factors that affect your premium:
- Car’s insurance group
- Engine size and performance
- Security features
- Value and age
- How you’ll use it (e.g. commuting or business use)
In some cases, your premium might go down, but you’ll still likely pay a small admin fee.
Can I Transfer No Claims Bonus To A New Car?
Yes, your no claims bonus (NCB) stays with you, not the car. So if you’re keeping the same policy, it carries over automatically when you switch vehicles.
If you’re taking out a new policy with a different insurer, you may need proof of your NCB.
What If I’m Buying A Second Car?
If you plan to keep both cars:
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You’ll need a separate policy for each vehicle
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Or, you can look into multi-car insurance, which could save you money
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Some insurers allow a temporary second car on your policy for a few days, handy for overlap periods
Yes. Many insurers can make same-day changes, ideal if you’re driving away a new car.
You’ll need to cancel the policy and find a new provider. Cancellation fees may apply.
No, you must notify your insurer before driving the new car, or you may be uninsured.
Often, yes. But it’s worth checking both options, comparing quotes could still beat your current renewal price.
