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What happens if I miss my first instalment?

If after your initial deposit has been taken you default on your first instalment you will be issued with a 7 day cancellation notice and a retry will be attempted at the next available direct debit date. If however the second retry is unsuccessful we will cancel your policy off immediately. Any our standing balances will be requested from you and any sums left unpaid will be forwarded to debt collectors for recovery. If however monies are owed back to you a refund of premiums owed will be initiated within 48 hours.

What is a no-claims bonus or discount?

A no-claims bonus (NCB), sometimes called a no-claims discount, is a car insurance discount recognised by insurance providers. It’s a count of the number of years you haven’t made a claim on your car insurance policy.

So for every year you drive without making a claim on your policy, you gain a no-claims bonus. The benefit of a NCB usually plateaus at five years, but some companies offer further discount for six or more years. The amount of discount this qualifies you for tends to vary from insurer to insurer.

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