Ducati Sporting Club UK > General > Ducati Insurance - Questions and Answers! > PROTECTED NO CLAIMS

[Ian Harris]

Originally posted by rcgbob44
I had a 60% protected NCD then went and had a minor prang. When it came to renewal time my premium doubled, I phone the insurance company and enquired as to why I was paying so much with a protected NCB and was told that it was still protected but it was there policy to load the premium so as to re coup there losses!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

WHY....Explain someone!

Basically, the insurers see the No Claims Discount as a completely seperate entity to the premium itself...If you make a claim, the premium goes up - the NCD just decides what percentage of the premium you actually pay. Looking at a year in isolation, the protected option might look like a waste of money but, if you don't take it, there is a "triple whammy":

1/ Your base premium goes up
2/ Your discount goes down (compounding step 1)
3/ You have a reduced discount for more than one year (compounding steps1 & 2)

At the end of the day, your insurance company just wants you to pay them lots of money and not make any claims...seems reasonable enough