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Why is Car Insurance so Expensive?
One of the main reasons that car insurance costs are increasing is that people are now increasingly likely to claim compensation for personal injury. The number of claims and the compensation payouts are higher than ever before, and all of us pay the price through higher premiums.
No Claims Bonus?
Each year that you do not make a claim on your car insurance you build up a no claims bonus which will give you money off your premium. The savings can be reduction can be quite significant, with insurers reducing the price of a standard policy by up to seventy-five per cent.
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