Hello, I've been with elephant.co.uk for two years and have never made a claim (2 years NBC).
On 01/01/2007 my car was stolen, found but has been written off by my insurance company; obviously I've made a claim, being fully comprehensive.
The problem I'm finding, is that I'm 24 and looking to buy a Mitsubishi Fto GPX 1998cc, now, if I have my two years NBC then although expensive, it's feasable for me to insure -- however if I have lost my NBC due to this theft claim, then the insurance quotes I'm getting for this vehicle are just stupid.
I've read into the website FAQs on elephant.co.uk, and it states the following:
"In the event of a theft claim your no claims discount will be reduced, as it is unlikely we will locate the culprits and recover the costs."
What does this mean, reduced? Am I likely to loose all of my two years NCB or will they just reduce it to a year, or similar?
Thank you.
2007-01-13
05:08:48
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16 answers
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asked by
Anonymous