Protect your no claims discount to cut car insurance costs

February 5th, 2010 admin

Car insurance customers making a claim on their policy with an unprotected no claims discount (NCD) could see the cost of their premiums go up by almost three-quarters, it's suggested. The average holder of a motor insurance policy with five years' unprotected NCD would have their premiums hiked from


Originally posted on CarInsuranceBlog

 
  Related Posts
Is protecting your no-claims discount worth the money?
Motorists who fail to protect their no-claims discount (NCD) could find themselves paying up to 73% more on car insurance after a crash. Research by moneysupermarket found that a driver with five year’s unprotected NCD would see their premiums hiked from £528 to £911, an increase of £383, or 73%. Motorists who protected their five year’s... 
Expatriate Healthcare introduces no claims discount
Expatriate Healthcare has introduced Premium Rewards, a reward scheme for existing and new international customers that offers discounts on premiums of up to 20%. Policyholders who remain claim free in the first year can earn a discount of up to 10%, rising to 15% after two years of no claims and to 20% after three years. New customers can claim... 
Five year old cars the worst for claims
Motorists with five year old cars are the most likely to make a claim on their car insurance, according to research by Virgin Money. The insurance provide found that 9.6% of all claims were from drivers with five year old cars. This compares to ten year old cars, which account for just 6% of claims, and cars less than one year old, which account... 
Car insurance costs set to rise
The chief executive at Admiral, one of the largest car insurance firms in the UK, has warned that the cost of car insurance is likely to rise further this year due to increasing personal injury claims. Henry Engelhardt, the head of Admiral, reported that his company had to increase motor insurance premiums by 12 per cent  Read More →
RIAS launches Life Plan
Over 50s insurer, RIAS, has launched a new life assurance policy aimed at offsetting funeral costs, and underwritten by sister company, Fortis Life. Premiums for the Life Plan start at £5 a month and with the average cost of a funeral standing at £2,7331, RIAS suggests the policy could provide a welcome relief to family members left behind. Customers... 
Aviva launches “Little Book of Claims”
Aviva has launched a series of online guides aimed at bringing brokers up to speed on the group’s claims process, so they can let policyholders know what to expect in the event of a claim. The series of six guides includes “The Little Book of Claims”, which explains Aviva’s overall claims service. The “Little Book”... 
Just two accidents can double car insurance costs
Extra vigilance on the UK's roads during the winter is being advised as research highlights that just two accidents can double the cost of the average car insurance premium. Confused.com's motoring experts analysed hundreds of motor insurance quotes before any accidents were recorded and again after two accidents had been reported, finding... 
Protect your bubble launches iPhone insurance
Protect your bubble, which is an Assurant Direct brand, has launched a new iPhone policy and is claiming that the product costs less than half the price of iPhone insurance currently offered by some networks. At £5.99 a month, the policy includes worldwide cover for accidental damage (including water damage) and theft, plus mechanical breakdown... 
How to Take Advantage of Multiple Vehicle Discounts
Over the past several years, car insurance rates have continued to increase throughout the country. However, many people have found ways to offset skyrocketing rates through a variety of insurance discounts. The multiple vehicle discount is one of the most common types that consumers have taken advantage of. It allows families that have more than... 
New claims handling service from GAB Robins
GAB Robins is launching a new service that promises to boost claims handling capacities for insurers experiencing busy periods. The loss adjuster has developed Insurer Assist, which has been designed with casualty, commercial and domestic property and motor business in mind. The claims management package can be tailored to particular accounts or... 
  Related Tweets from Twitter
AutomotivePR (Automotive PR)  : BLOG: Tom goes on a rant about the latest news to come out of the car insurance industry... http://bit.ly/9o70hj #cars..
Updated : 2010-09-03T09:36:22Z   |  Reply  |  View Tweet
MatthewLinkedIn (Matthew Linked In)  : New driving at work qualification to be supported by Car Insurance ... http://bit.ly/ayRud9..
Updated : 2010-09-03T04:42:04Z   |  Reply  |  View Tweet
mr_tout_seul (Mr Lonely)  : @metromorning Beating the car insurance industry involves social responsibility & driving the speed limit. I double dog dare ya...
Updated : 2010-09-01T10:23:05Z   |  Reply  |  View Tweet
gullborgins (Gullborg Ins)  : Easy ways to save money on car insurance: The insurance industry reports to credit reporting agencies every time a... http://bit.ly/aWy9RX..
Updated : 2010-08-31T20:11:46Z   |  Reply  |  View Tweet
  Related News from Digg

Spam Protection by WP-SpamFree

TOP