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Protected no claims ~ can premiums go up?

Hi,
I had a crash on Saturday and i have protected my no claims.
I am aware that if i make a claim i'm protected but will my monthly premiums go up ?

Please advise

Comments

  • iamana1ias
    iamana1ias Posts: 3,777 Forumite
    daz69kay wrote: »
    Hi,
    I had a crash on Saturday and i have protected my no claims.
    I am aware that if i make a claim i'm protected but will my monthly premiums go up ?

    Please advise

    A quick search would have answered your question ;)

    You've protected your bonus, say 65%. This does not mean that the base premium cannot rise. For example, if your base premium before the accident was £1000, you would pay £350 because of your discount.

    If the claim increases your base premium to £2000, the price you will pay will increase to £700. You're still getting your protected 65% ncb though.

    Changes will only take place at renewal, so this year's payments should stay the same (unless your car is written off, in which case you'll still owe the rest of the year's premium).

    (PS - That font is quite hard to read)
    I was born too late, into a world that doesn't care
    Oh I wish I was a punk rocker with flowers in my hair
  • daz69kay
    daz69kay Posts: 212 Forumite
    Ok thank you.
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