What is no claims bonus?
No claims bonus is a discount applied to your insurance premium which increases each year providing you have not had any claims in that policy term. Insurers generally give a maximum discount of 50%-70% and increase the discount for up to 5 years, although some insurers will keep increasing the discount for up to 13 years!
Continue reading “PROTECTED NO CLAIMS BONUS AND ITS BENEFITS”
- The police can instantly check if your vehicle is insured
- Your vehicle can be seized if shown to be uninsured
- Your driving licence will be endorsed with penalty points
- You can be fined an unlimited amount
Continue reading “CAMPAIGN TO TACKLE UNINSURED DRIVING”
On June the 8th 2015, the paper counterpart to the photocard driving licence became invalid and is no longer issued.
Continue reading “AN END TO PAPER DRIVING LICENCES”
The government recently announced an increase in the standard rate of insurance premium tax from the current rate of 6% to 9.5% coming into force on non-exempt policies with an effective date of 1st November 2015 or later.
Continue reading “INCREASES TO INSURANCE PREMIUM TAX”