Author: Andrew Bowen
Source: articleage.com
No claims bonus is a term used to describe the number of years they have had Car Insurance without making a claim. In short, if you have had Car Insurance for 4 years and has not filed a claim at the time, then you have 4 years no claims bonus. No Claim Bonus is probably the most important factor affecting the cost of your auto insurance premium. Each year that passes without you making a claim is another year without bonus claims. In general, the more years no claims bonus you have, the lower your premium for the car you need to secure. This is because car insurance companies can see that his story about making any claims is good. By changing supplier car insurance companies normally be asked to prove their non-premium 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 usually apply its rules of how to draw back from his cousin n years. Some companies such as Accept Direct (http://www.acceptdirect.co.uk) offer to protect your No premium for an extra fee during the quotation process. View full no claims bonus can also entitle you to 75% discount on the premium of your auto insurance. Copyright (c) 2004 Accept Direct Limited http://www.acceptdirect.co.uk