How does 'Protected No Claims Discount' Work?
31 January 2008, 09:37 PM
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How does 'Protected No Claims Discount' Work?
We had to claim on my wife's insurance as her car was stolen. The car was recovered and I reckon the total claim will be about £600 and we will be paying a £400 excess.
However, we have a protected no claims discount. So, when we shop around for insurance later in the year, we will be able to tell insurers we have 10 years no claims bonus but made a claim in Jan 2008. What will happen?
Steve
However, we have a protected no claims discount. So, when we shop around for insurance later in the year, we will be able to tell insurers we have 10 years no claims bonus but made a claim in Jan 2008. What will happen?
Steve
02 February 2008, 06:13 PM
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We had to claim on my wife's insurance as her car was stolen. The car was recovered and I reckon the total claim will be about £600 and we will be paying a £400 excess.
However, we have a protected no claims discount. So, when we shop around for insurance later in the year, we will be able to tell insurers we have 10 years no claims bonus but made a claim in Jan 2008. What will happen?
Steve
However, we have a protected no claims discount. So, when we shop around for insurance later in the year, we will be able to tell insurers we have 10 years no claims bonus but made a claim in Jan 2008. What will happen?
Steve
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