No claims bonus

[kristy_666]

Why am I paying to protect my NCB if when I have to claim (theft of car) it still doubles if not triples despite having 6 years protected NCB.
I know how it works and that it's a 'bonus' or 'discount' after they have calculated your premium based on your history but is it actually worth paying extra to protect it when they are going to jack up the price regardless.
Last year I paid £500, I made a claim a couple of weeks ago (still ongoing) and out of interest as my renewal is due anyway asked for a quote on the same car that was stolen and they want, wait for it

£2000

So is it worth protecting your NCB ?

[ZOLLAR]

Ring your insurer, ask them to quote you with 2 years less NCB (this is what you would have lost without PNCB) and see what the price increase by if its less than what you pay for the protection remove it if its more be happy that you had PNCB when you claimed.
Obvioulsy you would have to get a quote each year to see how much PNCB is because some years they may be a saving some times not, ill think you'll find after 6 years your PNCB dosnt cost you much maybe 10 or 15 pound (can vary per insurer)

[steebo888]

I have found that if you make a claim then use the same company the next year they jack up the price regardless of no claims. better to change Insurer.
+1500 is steep though

the 6 years NCB is protected which is about 50-70% discount (depending on company) so the actual premium must have gone up about 4 grand, then discounted with the NCB to 2 grand

Edited by steebo888 on Wednesday 7th April 11:28

[paoloh]

It is protected NCB not premium.

[mcflurry]

My premium went down from £188 to £187 despite making a claim last year... Bet they make up for it next time