Car insurance

Hammyman

Lum wrote: »

I guess NCD protection depends on how much the base policy is.

When I was paying £2200 to insure a car with 4 years NCD, that extra insurance was well worth it.

Why? A renewal quote with a claim would still have cost more than a quote without it, even with the protected NCD.

Lum

I am well aware of this.

In my case there was a time my insurance with 3 years NCB was £2200. IIRC 3 years is a 60% discount so the base premium was £5500

So I have a bump and that shoves an extra £100 loading as per your example above, the base premium is now £5600

With NCB protection, I'd still have 3 years NCB, resulting in a premium of £2240, without it I'd drop to 1 year which is a 40% discount and a premium of £3260, an increase of £1020.

Given that the protection cost an extra 20 quid, it was well worth it to me.

If your a middle aged person driving a 1.0 Nissan Micra and have base premium of £150, then that extra 20 quid on top is probably not worth it.