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...
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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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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...
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
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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 |
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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 |
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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 |
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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 |
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