Before we left the UK both of our motor insurers said that although we each had full no-claims discounts
, they would only honour these for a maximum of two years; hence on our return to the UK we would be starting from scratch and paying in full for motor insurance despite having clean driving records.
The single storm event is unlikely on its own to cause rises across the board in premiums but those making claims could find themselves losing no-claims discounts
they have built up, the ABI said.
Other sports-linked professions are just as bad, with more than 70 per cent of boxers, rally drivers, jockeys and cricket umpires all without no-claims discounts
, compared to an average of 45 per cent of all UK drivers.
The Healthier Solutions plan from Aviva was launched in 2009 - followed by two new excess options, in February, 2010, with options to reduce outpatient cover and introduce starter no-claims discounts
of 66% for new policies.
Both home and car insurers offer no-claims discounts
, typically 10 per cent off home insurance and 10 per cent for each claim-free year on car insurance.
Insurance: M&S has been accused of being more expensive, but no-claims discounts
are available and it offers reductions to people who pay with either their &More or charge cards.
Andy Deller, banking and insurance director of internet bank Egg, says: 'Some look to reduce their car insurance by not protecting no-claims discounts
- often a false economy.
Insurance firms recognise this and reward careful drivers with a no-claims discounts
Dial Direct has an option for drivers to protect no-claims discounts
- regardless of the number of claims they make and whose fault the claim is.
Customers can shield themselves by buying policies that offer no-claims discounts
can reduce costs and may go up to 60 per cent or more after four or five years.
SAFE drivers should grab the chance to protect the no-claims discounts
offered by their car insurers.