Quick Answer: Should You Protect No Claims?

Do insurance companies check no claims?

Not all insurers will automatically send you proof of no claims discount.

Check our table to see if yours does, and what you need to do if they don’t.

There is usually a time limit on getting your proof of no claims discount to the new insurer.

Most insurers only recognise no claims discount up to a certain point..

Can 2 people insure the same car?

Is it illegal to have two policies on one car? No, doubling up on your car insurance isn’t illegal. However, if you make a claim from two insurance providers, you can’t try and claim for the full amount from each of them. Doing so is considered fraud, and that is illegal.

Does 1 year no claims make a difference?

It does not mean your premium will not increase, as most insurers will factor in any claims when calculating your renewal quotes and apply the discount at the end. Most policies allow one claim per year without it affecting your bonus, but some may state that you cannot make more than two claims in three years.

Do you need to declare windscreen claims?

Do you have to declare a windscreen claim to your insurer? Yes. If you’ve had a windscreen repaired or replaced within five years. However, it shouldn’t effect your premium.

Does windscreen count as a claim?

Windscreen damage is so common and often very easily fixed that making a claim and having to pay the full excess would probably be extremely bad value. It would also affect your car insurance’s no claims bonus discount. Many insurers offer specific windscreen cover as part of your car insurance policy.

How can I check my no claims discount?

Your no claims discount may be on your renewal letter. If it’s not on there, it might be on the cancellation notice you’ll receive if you’re switching. If you can’t find it yourself, contact your provider and ask them to send you the required proof.

What is the benefit of protected no claims bonus?

What is a protected no-claims bonus? Protecting your NCB allows you to have a certain amount of “at fault” accidents without affecting the bonus. So if you have an accident, the NCB remains intact even if your insurer can’t claim their costs back.

Do you lose all your no claims bonus if you claim?

If you make a claim on your car insurance and your insurer pays out, you’ll lose some or all of your no claims bonus. If you make a claim and both you and the other driver are at fault – or both parties can’t agree on who is liable – the two motorists may see their no claims bonus affected.

Do insurance companies check your mileage?

Mileage is noted in your logbook every time your car has its annual service. When you take out a new car insurance policy, make a note of the mileage on your car’s dashboard so you can look back and see how many miles you’ve driven when your policy’s up for renewal.

What’s the maximum no claims discount?

After building up a no claims discount for a number of years, drivers can receive a maximum discount of around 70 or 75%.

What is proof of no claims?

There are three main forms of proof: The renewal invite from your current or previous insurer will state the number of years you’ve enjoyed a no claims bonus. A cancellation letter from your previous insurer, as long as it states your no claim bonus. A letter from your previous insurer confirming your no claims bonus.

What happens if I don’t protect my no claims bonus?

According to research by MoneySupermarket, by not protecting your no claims discount (NCD) – or no claims bonus – your premium could rise by 30 per cent if you make a claim. However, protecting a five-year NCD adds £23 on average to annual premiums. So if you stay claim-free, you’ll end up out of pocket.

How many years no claims do I need to protect them?

five yearsNormally you need to have at least five years No Claims Discount to qualify for No Claims Protection, however we have three insurers who do offer this benefit on a lower amount of No Claims Discount.