Claim-free years for a leased car
Do you drive a leased car and want to know if you’re building up claim-free years? With both personal and business leases, claim-free years aren’t credited to your name. If you later take out car insurance on your own, you won’t automatically receive a discount. However, you can request a lease statement to show that you haven’t had any claims.
Calculate Your PremiumBuilding up claim-free years with a leased car
Claim-free years are always personal. You only get them if you have car insurance policy in your own name. Do you have a company car? In that case, the auto insurance is often in your employer’s or the leasing company’s name. You don’t actually build up claim-free years in that situation, because the insurance isn’t in your name.
If you buy your own car again after driving a company car for years, you’ll need to take out car insurance on your own. It’s a shame if you can’t use the claim-free years you’ve accumulated with your company car. That’s why you can request a lease statement.
If you buy a car on your own after leasing one, you’ll need to take out your own auto insurance. It’s a shame if you’ve driven accident-free all that time and those years don’t count toward your accident-free record. That’s why you can request a lease certificate.
Request a lease statement for your accident-free years
Leasing companies can issue a lease statement at the end of the lease term. This statement details how long you’ve driven the car and how many claims there have been.
With a lease statement, you can have your claim-free years added to your record in Roy Data with your new insurer. This usually allows you to carry over your claim-free years when you take out your own auto insurance policy.
The statement usually needs to meet a few requirements:
Your name is on it,
It has been signed,
The lease term is listed there,
It says that you drove without causing any damage.
With leased cars, all damage—even minor damage—is usually reported. As a result, the lease agreement is sometimes less favorable for leaseholders.
Employer's Statement for a Company Car
Have you driven a company car and now want to purchase your own auto insurance? If so, ask your employer for a statement from your employer. With this statement, you can show that you did not cause any damage while driving the company car.
Please note: Not all insurers accept an employer's statement. This is because the document is easy to forge. Therefore, check with your insurer first to see if they accept an employer's statement.
Get a discount on your auto insurance based on your claim-free years
Whether or not you carry over your claim-free years makes a big difference in your next car insurance policy. By driving claim-free, you can earn a premium discount of up to 70 to 80 percent with most insurers.
If you don’t file a claim on your auto insurance during an insurance year, you earn one claim-free year. If you do file a claim, you lose claim-free years. Usually, the person in whose name the auto insurance policy is held is also the one who accumulates the claim-free years.
Claim-free years are transferable
You can sometimes transfer your claim-free years. If someone passes away, their partner can inherit those claim-free years. Leaseholders can now transfer their claim-free years as well. This way, the claim-free years they’ve accumulated aren’t lost.
Frequently Asked Questions About Claim-Free Years and Leased Cars
Do the claim-free years on a leased car count toward the total?
This depends on the leasing company and the insurer. Usually, at the end of the lease term, you’ll receive a statement from the leasing company detailing your claim-free years.
You can use this statement to transfer your no-claims years to a car insurance policy in your name. The insurer decides for itself whether and how to take these years into account. Therefore, always check with your leasing company and insurer to see how they handle this.
Do your claim-free years with a leased car also show up in Roy Data?
Claim-free years that you accumulate while driving a leased car are usually not automatically entered into the Roy Data system, because this system is primarily designed for personal auto insurance. Leasing companies typically keep track of claim-free years themselves and issue a lease statement at the end of the lease contract.
Will I lose my no-claims years if I lease a car?
Yes, if you don't have any other insurance policy in your own name during your lease term, any claim-free years you've accumulated previously may expire after 3 years. Check with your insurer.
What is a lease agreement?
A lease certificate is written proof of accident-free driving during a lease term. You can use this document to get a discount on a new car insurance policy after the lease term ends.
Do all leasing companies keep track of claim-free years?
No, not by default. Some leasing companies keep track internally of whether you’ve driven accident-free, but this information isn’t automatically shared with Roy-data. So please check with your leasing company.
Related pages about claim-free years
Never Underinsured
Create Your Own Package
A wide selection
We compare all insurance companies for you, saving you time
Help from our experts
Can't figure it out? Our experts are always ready to help you
We'd be happy to help you right away
Having trouble figuring it out online? We're happy to help you via chat or WhatsApp.
Ask your question and get a response within 2 minutes