Unprotected no-claims discounts 'increase' cost

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Unprotected no-claims discounts 'increase' cost

Drivers who do not protect their no claims discount (NCD) and have to make a claim on their insurance can see their premium increase, according to moneysupermarket.com.

The price comparison site found that drivers who make a claim with an unprotected NCD can see their premiums go up by as much as 73 per cent.

For example, drivers who have five years without a claim but an unprotected bonus may see a leap from £528 to £911, an increase of £383.

The same motorists, if they had protected their bonus, would only face an 18 per cent rise of £104.

Steve Sweeney, head of motor insurance at moneysupermarket.com, said that drivers should still be careful, as if they pay to protect their bonus but do not subsequently make a claim it could work out more expensive in the long run.

It was recently stated by moneysupermarket.com that motor insurance premiums are set to increase this year, with consumers being advised to shop around for a better deal.

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