Drivers could save hundreds of pounds on their car insurance if they have a year of no claims as coverage prices reach record highs.
Car insurance prices plummet by £745, or almost one-third (32 per cent), after a year of no claims discount, according to new research.
When a driver comes to renew their insurance and they don’t have any claims, their providers will offer no claims discounts or bonuses.
Recent data from Compare the Market shows that the discount rises the longer…
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