Insurers No Claims Cheat
The most recent revelation is the fact No Claims Bonuses are not being honoured if you happen to change insurer
. Meaning youre completely tied in with your current insurer unless youre happy to take an initial hit before possibly making your saving a few years down the line. And that will only be if your decision pays off of course. AND by that time your insurance would probably have gone up anyway as they seem to do year in year out, so you would probably have ended up paying hundreds more for absolutely nothing. A new trick to tie you in and to make sure they dont lose your business. As with anything insurance related, there is of course absolutely nothing you can do about it except grin and bare it.The usual sentences come out of course to try to fool us into thinking they actually care, and to make it look like theyre trying to sort the situation out like apparently the industry is working to improve the portability of no claims discounts, adding it was considering establishing a no claims discount database. What do these even mean? Jargon supposedly meaning something, which it doesnt. The database would then allow insurers to validate discounts at the point of quote. This I dont understand though as insurers talk to each other all the time when it suits them, but when it comes to confirming a no claims bonus that would benefit us, suddenly they cant do it. I remember when they used to give you the bonus anyway and request you send them a letter from your insurance company confirming your years of no claims, which was no bother at all. Youd write a letter to your previous insurer and they would either send the letter to your new insurer direct, or for you to then send on.
Another change due to happen because of changes to European Legislation is the probable 25% hike in premiums for women as its becoming illegal to discount premiums on the basis of gender. Women are widely known to be a lower accident risk, so have traditionally enjoyed lower premiums but that is all about to change. Premiums for women have been rising at quite a rate now for a while so the hike at the time of the legislation change isnt too much of a shock. Always shop around every time your insurance becomes due. Do this a week or so prior to your renewal date so to give yourself time. Use comparison sites as they have been found to offer good prices, but also phone around to companies known to not use these types of website.
by: JV Discover How To Find The Best Insurance Quote For You. Dallas National Insurance Company Can Offer You The Best Protect Your Income With Income Protection Insurance. Commercial Risk Insurance Broker How To Choose? Financially Secure Your Future With Income Protection Insurance How Peer Review Companies Can Help Insurance Companies Two Wheeler Insurance Coverage The Best Insurance Agent Missouri Service That You Can Hire Considerable Things Why You Must Find A Manufacturing Insurance For Company Questions to Ask When Buying Traditional Radiators Every Surgeon Must Opt For Malpractice Insurance Look On The Commercial Insurance Coverage Different Insurance Policies And Plans In India