📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Motor Insurance renewal AXA
I receive my motor insurance fully comprehensive renewal price from AXA today It has increased from £470 to £1130 which I find exorbitant. I did have a claim the first one in 20 years.The incident was my fault no one else involved no injuries. I do have a protected no claims written into my policy. So how can they justify such an increase What is the point of paying for a NCD
Comments
-
NCD remains the same, the underlying premium price has clearly ri most likely as you are now seen as a higher risk.sen
0 -
Your NCD is a discount. If your risk goes up, your premium will go up and will cost more even with the same NCD. Shop around, you might be surprised what other insurers will offer.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606K Mortgages, Homes & Bills
- 179K Life & Family
- 263.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards