Car insurance: Motorists "not protecting NCD"

Monday, 01 October 2007

A high proportion of motorists in the UK have a four-year no claims discount (NCD) but do not protect this, according to new research from

More than 7.7 million car users and car insurance customers are at risk of seeing large premium hikes in the event of accidents without such protection, the body stated.

Such a trend could result in some customers seeing their premiums rise by about £92 each year, it said.

Insurance expert at the price comparison website Ashton Berkhauer said that customers should consider the benefits of NCD.

"No claims bonus protection plays a really important role as it covers motorists against premium hikes when they make a claim. As the cost of claims continue to rise, insurers will increase premiums to cover their costs," the official stated.

Last week, the Department for Transport claimed that driver error was the main reason for road deaths last year.

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Swiftcover and are both trading names of AXA Insurance UK plc, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority