Keep full no claims bonus between insurers.

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Petition Action

Keep full no claims bonus between insurers.

Additional Information

Currently there is no onus on insurance companies to keep an accurate record of your no claims entitlement. Thus (as in my case) if you take a policy with one company with 8 years no claims and their system only records 5, then when you leave they only record that you have 5, loosing 4 years (8 + 1 year = 9). This increases the cost of new policies.
All insurance companies should be compelled to honour and keep your full no claims entitlement.

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