Property News · March 22, 2016

I paid for no claims bonus protection – but my insurance premium has gone up


Zurich said that despite the extra insurance, I’m going to have to pay more after a claimI insure my car with Zurich and pay extra for no claims bonus (NCB) protection. I had to make a claim this year for the first time and was told afterwards that my premium would go up despite the insurance. They said that although my NCB stayed the same, the claim still affected the premium. I don’t think the millions of people paying for this extra insurance realise this. RC, Chipping Norton, OxfordshireYou’re right, they don’t – as the price comparison website uSwitch discovered in a survey last year. The notion that NCB insurance will prevent premiums rising after a claim is a misconception that the insurance industry has, unsurprisingly, done nothing to discourage. Continue reading…

Source : theguardian.com
Read more…I paid for no claims bonus protection – but my insurance premium has gone up

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