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Tuesday, June 29, 2010

No Claims Discount

It seems that UK motorists are fearful of losing their no claims bonus so much that they avoid making claims for minor prangs. Car Insurance companies are reporting that thirty eight per cent of drivers feel that if they make a claim on their policy that they will lose their no claims discount and have to pay higher insurance premiums the next time that they obtain car insurance quotes. Younger drivers feel this more strongly, with sixty six percent of youngsters avoiding calling their insurance companies and making a claim on their policies, while sixty five percent of over sixty fives are more likely to claim on their policy, regardless of whether they were at fault or not. This may be due to the fact that this age group is more likely to be able to afford the


prospect of inflated car insurance premiums, compared to new drivers and young drivers. A no claims bonus is a great thing to have, and the more years you have protected this, the cheaper car insurance quotes will be for you. But car insurers also recommend shopping around for great deals to keep the costs of policies down, and shopping online. If you obtain a Car Insurance Quote on the internet, you should find it not only to be quick and easy, but to save you vital pennies for the finer things in life. Online car insurers are great value for money as they cut out the call centre and are easy to find help if you need it, twenty four hours a day. If you are an older customer, you may be more worried about losing your bonus, as you are more likely to receive higher quotes.

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