ChipsAway for Cambridge, Ely and Newmarket
Keeping Your Premiums Down:
How Insurance Premiums Work:
To arrive at your premium, your insurer calculates your risk (based on factors such as your age, gender, occupation, claim history, home postcode and vehicle performance group).
If you have earned a no-claims discount, this gives a percentage to be deducted to give a final premium.
Making a claim usually reduces earned discount by two years' worth (and you do not earn discount for the year in which you claim).
Drivers with four or five years of no-claims can pay extra to 'protect' their no-claims discount, which is then not reduced if they claim. However if they claim this is still reflected in their claim history which is one of the factors that the insurer uses when calculating the base premium. In other words, claiming on your insurance puts your premiums up, even if you have a protected no-claims discount - something insurers can be less than up-front about.
Your claim history can also be reflected by premium increases in other insurance policies for which you are a driver - for example a second car or motorcycle, a spouse's car on which you are a named driver, or a company car policy - the premiums for all these policies will be loaded as a result of your new claim history, despite the claim not being in relation to that vehicle. Failing to mention the claim to the insurers on the other policies can invalidate the other policies completely!
Insurers can load your premium based on a claim by around 20% of the claim value, for as long as five years. This means that once a driver has paid the excess amount on their policy, and then budgeted for five years of increased premiums, it is often the case that it would be cheaper for them to pay for repairs privately, and not claim on their insurance at all. A bodyshop repair can cost thousands in the long run, even when repairs are supposedly covered by insurance!
Cheaper than claiming
ChipsAway repairs are different. They often cost less than even the excess amount on a typical insurance policy, making a claim unnecessary, restoring and preserving the value of the vehicle while ensuring the professional finish expected from the world's leading network in bodywork repair.
ChipsAway's modern techniques mean a lower claim value even when an insurance claim is the only way for a driver to fund repairs. Simply put, whether you are claiming on your insurance or not, whether you have protected no-claims or not - choosing ChipsAway Cambridge can save you money!
Call 0800 970 2726 today for your free, no-obligation estimate for repairs in the Cambridge and Ely area