What is the reason to have no-claim bonus protected if insurer will ask about claims?

dacouch

rudekid48 wrote: »

Oh no, I'm going to bed!

But before I do, I'll leave you with this little gem....

I recently witnessed a kid in a call centre trying to flog a bike policy with a £500 theft excess to another kid who had just bought a bike worth......£500 on a TPF&T policy. The hook for the sale? "If you need to make a theft claim, you won't lose your bonus 'cos it won't cost the Insurer anything"...... priceless.

Well technically he was right.....lol

zulumalanga

QQQ wrote: »

What is the reason to have no-claim bonus protected if car insurer will ask wheither you have made any claims or had carr accidents?

This will obviously disclose that no-claim bonus was protected and there were claims.

So, what's the point?

A protected no claims bonus will protect your NCB but not the premiums. Most insurers will still apply a load for any accidents or claims..:beer: