Car Insurance No Claims Bonus Explained
by: Andrew Bowen
No Claims Bonus is a term used to describe the number of years you have had Car Insurance without making a claim. Put simply, if you have had Car Insurance for 4 years and you have not made a claim in that time, then you have 4 years No Claims Bonus. No Claim Bonus is probably the single biggest factor affecting the cost of your Car Insurance premium. Every year that goes by without you making a claim is another year of No Claims Bonus. Generally speaking, the more No Claims Bonus years you have, the cheaper your premium will be for the car you need to insure. This is because Car Insurance companies can see that your history regarding making any claims is a good one. When changing provider, Car Insurance companies will usually ask you to prove your No Claims Bonus in the form of a renewal notice or a letter from your current Car Insurance company. If you have several years of No Claims Bonus but then make a claim, the Car Insurance company will usually apply it's rules of how much to knock back your No Claims Bonus Years. Some companies such as Accept Direct ( http://www.acceptdirect.co.uk ) offer to protect your No Claims Bonus for an extra fee during the quotation process. Having full no claims bonus can also entitle you up to 75% discount on your car insurance premium.
Copyright (c) 2004 Accept Direct Limited http://www.acceptdirect.co.uk
About The Author
Andrew Bowen is the CEO of Accept Direct Limited. Accept Direct offer car insurance to UK customers through their website http://www.acceptdirect.co.uk
Home
Buying Autos and Trucks
Finance
Your Dream Car
Trailer Buying Guide
Road Hazzards Warranty
Useful Tips on Buying
Price Haggling
Confidence in Buying
Where to Buy Bargains
New Car Cost Cutting
After the Sale
Closing the Deal
Making an Offer
Research Your Target Car
Motoring General
When
pulled for speeding
Injury Settlements
Whiplash
Lost wage Claims
Injury Claims
Insurance
Finding
By Computer
How Insurance Determined
How to Lower Insurance
How Rates Calculated
Young Driver Insurance
New Car Registration
No Claims Lowdown
Accident Claims
15 Ways to Lower Ins.
7 Ways to Cut Charges
Right Auto Insurance
Eye Witnesses Lowdown
No Hard Time Ins Co
Finance
For
Autos
For Trucks
For Motorcycles
Mechanical
Two
and Four Stroke Engs
Trailer Brake Controllers
Ground Effects
Change Motor Oil
Robots
Repairs
General
Repair Issues
Save Money
Driving
Tips to Save Cash
Fuel Efficiency
Selling
Effective
Online Selling
Used Cars Make Money
Beware Selling Scams
Tint Shops
Good
Tint Shop
Pinstripping
Truck Driving
Become
a Truck Driver
American
Pickup Trucks
American Trucks
Bad Credit Loans
Big Trucks
Box Trucks
Cash Advance
Chevrolet Trucks
Chevy Trucks
Classic Trucks
Credit Cards
Credit Reports
Daf Trucks
Diesel Trucks
Dodge Trucks
Dump Trucks
Dump Trucks For Sale
Ford Trucks
Heavy Duty Trucks
Heavy Trucks
Isuju Trucks
Mercedes Trucks
New Trucks
New Ford Trucks
Nissan Trucks
PayDay Loans
Pickup Trucks
Pick Up Trucks
Pick-Up Trucks
RC Monster Trucks
Trucks
Trucks For Sale
Used Trucks
Volvo Trucks
4x4 Trucks
BMW
Ferrari
Honda
Mercedes
Nissan
Porsche
Toyota
VW