insurance - no claims protected

[frankief]

I had an accident last year and I accepted responsibility. Luckily my insurance has a no claims protection so I was surprised to get my policy statement for next year - premium has gone up 25% - is this normal procedure?

[redcrx]

you NCD is a percentage of the premium.

so even thought you still get the same discount the initial premium will have increased because of your claim.

[frankief]

So my no claims discount is the thing that is protected?
My premium is not protected and is whatever they want to charge.
I thought paying the extra for this every year was a way of allowing me one accident without punishing me, not true..!
Is it worth haggling with them or trying elsewhere? I'm with Direct Line.

[redcrx]

well you could be punished more if you didnt have it.

say you premium was �500 with no accidents but you had a NCB (protected) of 30%. total bill �350

the next year after an accident it goes up to �700 because youre a risk but with NCB of 30% you only pay �490

yhes it will have gone up but if you hadnt protected the bonus youd be paying �700 not �490

what you are protecting is the discount >NOT the premium

[Toureman]

You should shop around every year, many companies guarantee to beat your renewal quote.

[frankief]

Rang them today and apparently all the increase is due to a change in postcode! Not talking of a lot of money, I have 10 years no claims and paid �220 last year, now its �280. Take it or leave it.