There are ‘staggering inconsistencies’ in the prices that different car insurance companies charge for a protected no claims bonus, new research from Confused.com has uncovered. If drivers want to protect their no claims bonus – so that they will not lose it even if they make a claim – the amount they pay could vary from one car insurance provider to another, and they may not even benefit from the discounts often associated with the product if they fail to shop around, the comparison website said. Whether or not to pay the extra premium to protect their valuable no claims bonus is weighing heavily with drivers who are trying to cut the cost of motoring to save money at the moment, as a no claims bonus has the potential to slash up to 75 per cent off the cost of car insurance. But because car insurance companies differ when it comes to their underwriting procedures for calculating a premium, the value of protecting a no claims bonus is not always clear. T
Archive for December 20th, 2009
AA car insurance sees rise in claims due to snow
0The snow and ice experienced across Britain in the last week has led to an increase in car insurance claims, the AA has found. Last Friday, the day of a significant snow fall in the UK, AA car insurance handled 100 claims for accidents related to the snowy and icy conditions by lunch time. The most common type of claim is for one car going into the back of another, followed by hitting other moving vehicles on bends, junctions and roundabouts, Even Brits who take the safe option and leave the car at home are not immune to the perils of other drivers, as some of the claims are from car owners who have had the stationary cars hit by others which are out of control, bouncing off parked cars on the roadside. One AA car insurance customer had his car hit while it was in his drive, hard enough to push it through his garage door. Drivers who do not remove the snow and ice from their cars before setting off are also putting other drivers at risk, the AA warns, because otherwise it can fly off in transit and hit other cars or pedestrians.
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