Your bonus shall not be prejudiced, provided mo more than one prejudicial claim is made in any of THREE CONSECUTIVE YEARS. In the event of 2 claims in any 3 consecutive years the NCB will revert to 3 years and to nil for any further claims"

Youd think "Protected No Claims" (at a cost of £100 per year extra) would be a good thing, till you read....




crooks

Fekk me your quick on the uptake

Your bonus shall not be prejudiced, provided mo more than one prejudicial claim is made in any of THREE CONSECUTIVE YEARS. In the event of 2 claims in any 3 consecutive years the NCB will revert to 3 years and to nil for any further claims"

after 1 installment actually

Many dont realise the hidden pitfalls

Theres claiming then finding out it would have been cheaper to fix it themselves when 5 years lost NCB is calculated

Then theres ooopsadaisy....buy a £23,000 car, smash it up the next day, get bottom book (£17,000) and also the HP fees....£4000.....you are £5000 in debt


insure on the knock, write a car off after a couple of months, you paid £7000 for your car, the bottom book is £5000....less excess..£400....and they want your insurance paid up out of the £4500 so you get £3000

Clause in mine;

"If the policy is cancelled within the first 3 months no refund of payments will be made."

So if you pay in installments you'll have nothing more to pay, but if you paid in full you get nothing back

Of course with most policy's you have to pay 20% up front and then the balance over 9 more payments so if you cancel just before the end of 3 months you could have paid nearly half of the premium.