Car Insurance Tips: How to Save Off 60% (Part Three)
How Protected Are You?
Don’t think just because you have a protected no claims bonus you can be any less careful than before. Crucially insurers will still take your claims history into account when setting your premiums for the following year even if your discount is protected.
Your new premium at renewal could still rise if you have made a claim. While you’ll continue to qualify for the same discount as before, this discount will now reduce the cost of a higher premium which has been loaded following your claim. In other words, your percentage discount will remain intact but the actual cost of your insurance could be higher than before.
Remember the best route to cheaper car insurance is to avoid making a claim! That said, I think protecting your no claims bonus is still worth the extra cost. You should still be able to get a less expensive policy than you would with no bonus at all.
To Read:
- Car Insurance Tips: How to Save Off 60% (Part One)
- Car Insurance Tips: How to Save Off 60% (Part Two)
- Car Insurance Tips: How to Save Off 60% (Part Four)
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
[…] autospider had some great ideas in the post on car insurance.You can read a snippet of the story here.Remember the best route to cheaper car insurance is to avoid making a claim! That said, I think protecting your no claims bonus is still worth the extra cost. You should still be able to get a less expensive policy than you would with … […]
[…] autospider posted a great article about car buying.Here’s a quick snippet.Remember the best route to cheaper car insurance is to avoid making a claim! That said, I think protecting your no claims bonus is still worth the extra cost. You should still be able to get a less expensive policy than you would with … […]
[…] droopzjnr wrote an interesting post today onHere’s a quick excerptRemember the best route to cheaper car insurance is to avoid making a claim! That said, I think protecting your no claims bonus is still worth the extra cost. You should still be able to get a less expensive policy than you would with … […]
[…] Car Insurance Tips: How to Save Off 60% (Part Three) […]