insurance claim and NCB

[Si Griffiths]

one of my mates cars were torched the other day...hes got 2years now claims and the car is only worth about £400. if he makes a claim will he lose all his no claims bonus or just one year? if he loses 2 years then its not worth claiming really

 

[Gareth]

i would have thought it would be all of his no claims

 

[Bryan]

it will be all his no-claims that is lost

trust me- i had the same problem, except my car was worth 5k

 

[Tom_16v]

If its only worth £400, after the excess, theyll pay fcuk all so theys no point in claiming.

 

[paddymph]

if u claim u always loose 2 - unless its protected.

 

[White16valver]

For a £400 car, I really wouldnt bother claiming. Youll pay twice that (and more) back to the insurance company in the next few years premiums.

Its a sad fact of life that we pay insurance and dont actually want to claim on it as its so expensive come renewal time.

 

[BozVanDam]

Insurance companies - "give us all your money and in the event of anything happening to your car . . . . . . . . well, well be OK because well have all your money"

 

[jonnyboy]

deffo not worth claiming. 2 years NCD is a prescious thing and worth about 35% off your premium. Not worth it fir £400.