Protected No Claims, is it worth it?

mikey72

Rossie_Geo wrote: »

I've just had an accident - I skidded into the back of a car so it was my fault.
I have a Protected NCB with Saga - currently 60%
Following the accident my Car was written off.
Comparing quotes on Confused.com I got the following results (I've only listed the top 2 cheapest quotes)

1. A Baseline quote as though I had NOT had an accident - Ticked the '6 years current NCB' box, ticked the 'Yes I have a protected NCB' box. Result £185.00/£202.00
2. (Being truthfull) I declared the accident, ticked the '6 years current NCB' box, ticked the 'Yes I have a protected NCB' box. Result £215.00/£224.00
3. Imagining I had lost my NCB through NOT having a protected NCB, declared the accident, ticked the 'ZERO years NCB' box. Result £375.00/£488.00

So, in my case, it seems that having a protected NCB DOES make a big difference.

You won't lose all 6 years in one go though, check your policy and try 2 or 3 years.

geoffky

I have just phoned my insurance company as they have quoted without protected no claims discount,I would lose 2 years ncd if i had a claim. I have nine years ncd so have not protected it..also got my insurance down as i drive less than 6000 mile py..not a bad quote in fact less than last year.£330 fully comp for a new range rover sport aged 46 male