| Never protected mine. If you do have a claim, you will only loose some, not all of you ncb. As you have to pay to protect your ncb each year you could find that after 2 or 3 years the cost of the protection is higher than the loading for 1 claim over that period, unless of course you have a few claims. But as others have said the cost still goes up due to the increase in the base premium, and you could still find no one will insure you if you have too many claims.
Protected no claims is just another way for the insurance companies to make money - they don't do out of kindness for our benefit!
[Edited on 23-8-2005 by Steve M] | 
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