Is it worth paying more to protect NCD on car insurance?

xxdeebeexx

Hi I am looking to renew my car insurance. Last year I went with Prudential through Quidco and got a fantastic deal. I included all the trimmings....Protected No claims discount , legal cover and £0 voluntary excess. This year something has to give as the insurance seems to have gone up a lot.
I am now looking to go with another insurance company so that |I can get my Quidco cash back

I was wondering if the protected no claims was worth paying £40 for ? or should I look to increasing my voluntary excess?

I know it's a personal thing but would love to hear your comments.

TIA

Dx

Elliesmum

I alway protect my NCD and hubby's for that matter. It's another insurance isn't it! I would be so annoyed if I lost it as it takes years to gain (we are on about 12 years each), makes a huge difference to your quote and for that £40 I believe it's worth paying.

But - as you rightly pointed out, it is a real personal choice, but for me - it ain't worth the risk of losing it!

HTH's

EM xx

welshdeedee

I have always protected mine and never claimed (until last week) so I make it 19 years. But I was told 9 nine years is the maxium you can have.

Anyone else heard this?

gazza975526570

generally speaking once you hit 5 years then thats your maximum - generaly 65% or 70%.

Above that whilst some insurers may slightly reduce your premiums for claims free years the impact will generally only be slight

shelly

I believe its worth protecting your NCB. It takes so long to gain it and with one claim, most of it if not all can be lost.

EmberJDIns

I'd always recommend protecting your no claims discount, which normally adds a loading of 10/12.5% to the premium, and usually an extra £50 excess on comprehensive cover. A no claims discount scale is generally as follows:

65% maximum 4 years+ - reverted to 45% after 1 claim.
50% 3 years - reverted to 30% after 1 claim.
45% 2 years - reverted to 0% after 1 claim.
30% 1 year - reverted to 0% after 1 claim.

Protecting your discount will also give you peace of mind (one of the reasons for having insurance) that if you have a claim you won't be whacked at the next renewal date.

xxdeebeexx

Thanks everyone for your comments. I will click your thankyou buttons when they reappear.

Dx

i_like_shoes

yes i would strongly recommend protecting them. I had someone reverse into my car last year which was parked outside my house. The lady very kindly drove away before i could get to the front door. I would have had to pay this on my insurance but luckily i caught up with the lady so and so a week later ( after she'd had her car repaired) and after a few strong words she gave me her details and admitted it. So no charge to me in the end..... but i would have been a it pee'd off if anythin else was to happen and i lost my ncd.

BTW the woman had a very hefty fine and a few points on her licence for the trouble :-)