You are required to pay a little more on
Van Insurance and you may avail protection offered by your insurer for safeguarding your no claim bonus. According to this, there will be no reduction in number of years for
No Claims Bonus, even if you commit a fault claim. But, this won’t put a full stop against the revised rates of premiums offered by the company year after year.
There are companies, which are ready to allow a fixed number of fault claims for a definite period of time. Once this number is used up, the protection on
No Claims Discount is automatically eliminated.