UK no claims insurance helpful for renting in Oz?
Nov 17th 2008, 3:11 pm
#1
BE Enthusiast
Thread Starter
Joined: Feb 2008
Location: Kawana, Sunshine Coast
Posts: 325
UK no claims insurance helpful for renting in Oz?
I noticed on one of the check lists said a letter proving no claims insurance from the UK will help you rent in Oz. I've just phoned up Tesco 'home' insurance for no claims proof letter, but they said they don't do it. Are they correct? should I bother with the car no claims also?
Nov 17th 2008, 3:39 pm
#2
BE Enthusiast
Joined: Jun 2007
Location: Melbourne
Posts: 478
Re: UK no claims insurance helpful for renting in Oz?
I noticed on one of the check lists said a letter proving no claims insurance from the UK will help you rent in Oz. I've just phoned up Tesco 'home' insurance for no claims proof letter, but they said they don't do it. Are they correct? should I bother with the car no claims also?
you need either a job or money in the bank to prove you can pay the rent
no claims discount on car doesnt count here too.
We brought over 9 years worth, doesnt matter one jot.
Plus, we went with cheap car insurance. Possibly if you are going with an expensive equivalent that has offices in uk and oz then they may do it but e-car insurance was cheapest by far, and we were with them in uk and they didnt care about noi claims
al
Nov 17th 2008, 7:49 pm
#3
Joined: Oct 2007
Posts: 9,668
Re: UK no claims insurance helpful for renting in Oz?
I don't see how a no claims letter will help you rent a house in Aus!
You need money in the bank and so a bank statement would help that as soon as you have one. References from work will help, and a letter from a prior rental in the UK if you have one. If you don't, then mortgage payment evidence would be a smart thing to bring.
If you have jobs before you rent, then get proof of that.
Really it's just proof of earnings you need to rent.
On the car side of things, yes, get your latest insurance documents showing your no claims bonus so you can transfer it to your new insurance in Aus. It's transferable and you need to be able to fax them that info when you sign up. I didn't bring mine and I had to phone the old company in the UK and get them to fax it over which was a right palava.
Hope that helps.
You need money in the bank and so a bank statement would help that as soon as you have one. References from work will help, and a letter from a prior rental in the UK if you have one. If you don't, then mortgage payment evidence would be a smart thing to bring.
If you have jobs before you rent, then get proof of that.
Really it's just proof of earnings you need to rent.
On the car side of things, yes, get your latest insurance documents showing your no claims bonus so you can transfer it to your new insurance in Aus. It's transferable and you need to be able to fax them that info when you sign up. I didn't bring mine and I had to phone the old company in the UK and get them to fax it over which was a right palava.
Hope that helps.
Nov 17th 2008, 8:29 pm
#4
Bitter and twisted
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Re: UK no claims insurance helpful for renting in Oz?
G
Nov 17th 2008, 9:18 pm
#5
BE Enthusiast
Joined: Nov 2004
Location: Murrumbeena, Melbourne
Posts: 380
Re: UK no claims insurance helpful for renting in Oz?
On the car side of things, yes, get your latest insurance documents showing your no claims bonus so you can transfer it to your new insurance in Aus. It's transferable and you need to be able to fax them that info when you sign up. I didn't bring mine and I had to phone the old company in the UK and get them to fax it over which was a right palava.
Hope that helps.
Hope that helps.
Nov 17th 2008, 9:24 pm
#6
Karma Comedian
Joined: Feb 2003
Location: Brisvegas
Posts: 3,506
Re: UK no claims insurance helpful for renting in Oz?
Your lack of claiming insurance for an accident to your car has no reflection on your ability to fund your rent, whether in UK or in Australia
Nov 17th 2008, 9:54 pm
#7
Joined: Oct 2007
Posts: 9,668
Re: UK no claims insurance helpful for renting in Oz?
I'm not sure. I told them I'd got years no claims and this made me a '1' on the scale (5 is not so good I think) so it's not called the same as it is in the UK for a start.
You'd have to talk to the insurance company directly to find that out. You can protect your driver no claims here like you can do in the UK.
Nov 19th 2008, 5:40 am
#8
Forum Regular
Joined: Sep 2008
Location: Brisbane since October 2008 (Ex-Kent)
Posts: 47
Re: UK no claims insurance helpful for renting in Oz?
No Claims is of no help with renting here - they just want to know you've got some money 
Also, my wife and I insured our new car here with NRMA and were given full no claims bonus straight away because of our age and the fact that we said we hadn't had any claims in the past 5 years (which is true).
Hope this helps
D
Also, my wife and I insured our new car here with NRMA and were given full no claims bonus straight away because of our age and the fact that we said we hadn't had any claims in the past 5 years (which is true).
Hope this helps
D
Nov 19th 2008, 7:27 am
#9
Guest
Posts: n/a
Re: UK no claims insurance helpful for renting in Oz?
This is the advice I have given in the past
No Claims Discount
Many Insurers will accept your word that you have proof of No Claims Discount from the UK, but in the event of an accident, it is highly likely that they will want to see the proof prior to paying out the claim.
My advise is to send a copy of it to the Insurer, so they have it on file.
Many Insurers will accept your word that you have proof of No Claims Discount from the UK, but in the event of an accident, it is highly likely that they will want to see the proof prior to paying out the claim.
My advise is to send a copy of it to the Insurer, so they have it on file.
Some household insurers are now offering no claims discount on house and contents policy, so it may be worth bring the paperwork.
For renting ?
If it is a policy document for buildings insurance, then it may well confirm that you owned your own house in the UK, which will be a credit mark for a landlord. Speaking with my landlords cap on
