Protected No Claims - Any use?
07-18-2002, 02:14 AM
#1
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I found out why my premium with Tesco had altered 
The first quote I'd selected protected NCD, the second quote, I forgot - and that's the one I bought.
So, do I contact Tesco and tell 'em I made a mistake, or do I not bother (difference is
The first quote I'd selected protected NCD, the second quote, I forgot - and that's the one I bought.So, do I contact Tesco and tell 'em I made a mistake, or do I not bother (difference is
07-18-2002, 02:29 AM
#2
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Pete I think your lucky if you can get the "protected bonus" its not even on offer with my insurance company.
Have you checked what % you lose if you make a claim? eg 10, 20, 30% or maybe all!?
If they wipe the entire lot out when you make a claim then its definitely worth it.
Have you checked what % you lose if you make a claim? eg 10, 20, 30% or maybe all!?
If they wipe the entire lot out when you make a claim then its definitely worth it.
07-18-2002, 02:39 AM
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Personally, I'd keep it protected. It cost me a bit more, too but buys some peace of mind.
With the S2000 there's a lot more chance of making a claim than most cars.
With the S2000 there's a lot more chance of making a claim than most cars.
07-18-2002, 02:43 AM
#4
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I wonder about this NCD thing all the while. I have umpteen years NCD (Grabbing the wooden desk.....NOW) I've opted for the fully protected bonus for many years now, and never had to claim. As far as I'm aware, all I would lose in the event of a claim is my excess.
I think I pay about
I think I pay about
07-18-2002, 03:00 AM
#6
I don't feel it's worth it. I have full NCD and I can make two claims in 5 years before I loose any discount. I did make one claim 4 years ago when my RS got stolen. All I've to do is go one more year and then I'm ok.
That could be a saving of
That could be a saving of
07-18-2002, 03:03 AM
#7
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Originally posted by hazdjc
I can make two claims in 5 years before I loose any discount.
I can make two claims in 5 years before I loose any discount.
Isn't that exactly what protected no claims is, Dave - Maybe you have it and don't know it?
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07-18-2002, 03:05 AM
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My insurance is due for renewal in 6 weeks so I thought I would get a few quotes before the renewal arrives in the post and having read this thread I thought I would try Tesco on line.
With no protected NCD it was
With no protected NCD it was
07-18-2002, 03:08 AM
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I don't think protected NCB is worth it, mainly because the NCB is only half the story. If you have a ding, but keep your NCB 'cos it's protected, your premium is still going to be loaded due to the fact that you've made a claim in the 'n' last years.
07-18-2002, 03:31 AM
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Originally posted by steve_the_greek
I don't think protected NCB is worth it, mainly because the NCB is only half the story. If you have a ding, but keep your NCB 'cos it's protected, your premium is still going to be loaded due to the fact that you've made a claim in the 'n' last years.
I don't think protected NCB is worth it, mainly because the NCB is only half the story. If you have a ding, but keep your NCB 'cos it's protected, your premium is still going to be loaded due to the fact that you've made a claim in the 'n' last years.
Things change - on my last ding 9-10 years ago - with no protection - all they did was remove 5% NCB