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
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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...
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...
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
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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”...
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...
Guidewire Software® has announced the launch of its new Claims Performance Monitoring™ tool as part of the upgrades to end-to-end claims system Guidewire ClaimCenter® 6.0. With Claims Performance Monitoring™ insurers will be able to see metrics measuring claims operations performance in real time. Claims personnel can enjoy auto-tracking of...
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...
Drivers of cars that have passed their fifth birthday are being alerted to the fact that they belong to the UK’s “most likely to claim” group of motorists. According to Virgin Money Car Insurance, 9.6% of all motor claims processed by the firm were from drivers of five-year-old cars, with four-year-old cars following closely behind....
The cost of car insurance for UK drivers made its biggest leap upwards in the final three months of 2009, the latest AA British Insurance Premium Index shows. Young motorists appear to be bearing the brunt of the price rises, while Scottish drivers have experienced the lowest increase in the cost of their premiums. In a
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With Valentine’s Day approaching, Direct Travel Insurance has urged couples going away for a brief break to ensure they have adequate insurance coverage. Lack of insurance will leave couples exposed to a financial hit if they should suffer an accident, detracting from a holiday intended to be romantic. This time last year, the average claim...
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bjjjnsn (Debbie Weatherly) : Michigan Car Insurance Comparison Online : Insurance Online Quotes: Auto insurance is one industry which always re... http://bit.ly/cM262I.. Updated : 2010-03-20T00:38:10Z | Reply | View Tweet |
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insurancegroupe (Ronald Striker) : Michigan Car Insurance Comparison Online : Insurance Online Quotes: Auto insurance is one industry which always re... http://bit.ly/9bxmyz.. Updated : 2010-03-19T23:01:23Z | Reply | View Tweet |
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Jimmisav (James Gilheany) : Car insurance must be the most horrendous industry to work in. I judge this on the standard of ads it produces. #annoying.. Updated : 2010-03-19T20:13:58Z | Reply | View Tweet |
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JohnnyAudacity (Johnny Audacity) : @BarackObama #HCR is like THE EVIL INSURANCE INDUSTRY are like a bad tire & instead of getin a tire fixed just take over the car companies.. Updated : 2010-03-19T19:59:33Z | Reply | View Tweet |
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