View Full Version : WTF! £140 For NCD Protection!
SPEN555 23 April 2004, 13:43 I was messing about on the Tesco website and put in a Quote for a WR1. When I unticked the protected NCD box the premium went down by £140!
If you don't have this and have to make a claim I would imagine your premium would increase by a similar amount anyway? As I presume if you had say 10 years NCD and make a claim you do not lose all 10 years do you?
Just seems like daylight robbery to me.
Damian.
mart360 23 April 2004, 14:11 unfortunatly yes,,,
if you have a claim with unprotected bonus
it all dissapears
mart
unfortunatly yes,,,
if you have a claim with unprotected bonus
it all dissapears
mart
Well my sister had a claim not so long ago and she only lost 2 years ncd
Steve001 23 April 2004, 15:23 RRB
yes same with me lost 2 years
However my renewal from 750ish went up to 1300:eek:
got a quote and went with L & V just over 700 squids :)
the best was still to come...............reading the policy i discovered that it INCLUDED NCD protection :D
Steve
Jay m A 23 April 2004, 16:13 LOL how many poeple with decades of NCB still protect it?
If you go with the odds - the money you save by not protecting usually outweighs the 2 years NCB knockback you get if you do claim.
I think its a swizz - some company policys are to not offer NCB protection until its 60% or whatever - ever thought why? LOL
SPEN555 23 April 2004, 17:49 I agree with Jay m A on this. It all seems like a money making exercise to me.
simb 2 23 April 2004, 18:33 Most you will lose is 2 years if you make a claim. It usually costs 10% of the premium to protect your NCD, more if your a young driver.
simb
Dazza01 23 April 2004, 22:04 I agree with Jay m A on this. It all seems like a money making exercise to me.
Insurance is a money making exercise, thats why when u get a quote they think of a figure and double it :(
SiDHEaD 25 April 2004, 01:35 i wish i could have protected mine . Just lost all 2yrs of it :(
wrxmania 25 April 2004, 19:51 unfortunatly yes,,,
if you have a claim with unprotected bonus
it all dissapears
mart
This is wrong - you get a two year step back for a claim and in the event of a total loss you may lose a bit more.
simb 2 26 April 2004, 18:36 This is wrong - you get a two year step back for a claim and in the event of a total loss you may lose a bit more.
Still wrong - You will only lose 2 years of the individual insurance companies max NCD.
simb
mrklaw 28 April 2004, 09:47 so you lose 2 years from the ins. cos MAX NCD? So if I have 7 years NCD, the company only accepts up to 5, and I have a claim, what do I end up with?
Do I have 5 still (7-2), or 3 (5-2)? How does that get affected if you want to move to another insurer?
simb 2 28 April 2004, 18:37 so you lose 2 years from the ins. cos MAX NCD? So if I have 7 years NCD, the company only accepts up to 5, and I have a claim, what do I end up with?
Do I have 5 still (7-2), or 3 (5-2)? How does that get affected if you want to move to another insurer?
You will go down to 3 years, this may not apply to all insurance companies and is best to check with you own.
simb
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