NO Claims!!!!

Iceweasel

I'm very pleased to hear that I was wrong in thinking that for a total loss payout you had to start again immediately.

Thanks to all who clarified things.

Hopefully I wont ever be in that situation.

force_ten

Quiet_Spark wrote: »

The T&C's you posted only apply to those that take up the offer of protecting their NCB, the OP stated in post #1 that they did not bother with spending the extra few quid to protect their NCB so they will back to square 1 come renewal time.

again that is not correct

if you protect your ncd then in the event of two claims in three years your ncd will not be affected

what you quote may be correct for some insurance companies but it is not correct in the case of AXA

lesalanos

force_ten wrote: »

again that is not correct

if you protect your ncd then in the event of two claims in three years your ncd will not be affected

what you quote may be correct for some insurance companies but it is not correct in the case of AXA

I agree with this.

Quiet_Spark

force_ten wrote: »

again that is not correct

if you protect your ncd then in the event of two claims in three years your ncd will not be affected

That's "If" you protect it to start with, the OP says they refused the chance to take that protection.

force_ten wrote: »

again that is not correct
what you quote may be correct for some insurance companies but it is not correct in the case of AXA

Are you saying that Axa automatically protect the NCD regardless of what the customer asks for?

gibby9

Quiet_Spark wrote: »

That's "If" you protect it to start with, the OP says they refused the chance to take that protection.



Are you saying that Axa automatically protect the NCD regardless of what the customer asks for?

Are you even reading the previous posts? There was no mention of Axa protecting NCD. It's been explained, please read.

George_Michael

Quiet_Spark wrote: »

Are you saying that Axa automatically protect the NCD regardless of what the customer asks for?

They don't protect it as such. What they actually do is to only reduce the no claims discount by a certain amount depending on the number of claims made.
One fault claim doesn't automatically mean that the full no claims entitlement will be lost.

The OP had 7 years NCD so one fault claim will reduce this to 4 years.

dacouch

George_Michael wrote: »

They don't protect it as such. What they actually do is to only reduce the no claims discount by a certain amount depending on the number of claims made.
One fault claim doesn't automatically mean that the full no claims entitlement will be lost.

The OP had 7 years NCD so one fault claim will reduce this to 4 years.

Standard...

George_Michael

dacouch wrote: »

Standard...

I know that, you know that, but I posted it because Quiet Spark doesn't appear to know that.

Quiet_Spark wrote: »

The OP stated in their first post that they did NOT protect their NCB to start with, so whatever they had is now gone.

force_ten

Quiet_Spark wrote: »

Are you saying that Axa automatically protect the NCD regardless of what the customer asks for?

no what i am saying is that if you have six years plus ncd then after one at fault claim AXA along with many other insurance companies reduce your ncd using something called "no claims discount step back scale"

if you protect your no claims discount then you dont lose anything for one at fault claim in a year or two claims in three years

arcon5

Do some dummy quotes, with your now 4yrs or whatever ncb, I don't think it will be as bad as you envisage.

only way to keep full ncb+1 for this year is to pay your insurer back the £5k+ claimed, then technically you are claim free and won't be penalised. Nearly 100% certain this is not the most cost effective method though