No claims discount

If you have TPFT and you have your bike stolen, so no fault on your behalf, do you loose your no claims discount?

I beleive you would, as you are making a claim, not sure how much you would loose, under 3 i think you loose the lot,

[tigersaw]

Yes - you have claimed!

It's 'No Claims', not 'No Blames'

Originally Posted by Lozzo

It's 'No Claims', not 'No Blames'

yeh, thats what i thought, was just making sure!! thanks for the replies!

Technically it's possible to loose three whole years. Depending on when you made the claim into your current year.

You lose two years PLUS the year you are on. To me that's criminal in it's self.

Originally Posted by BigApe

Technically it's possible to loose three whole years. Depending on when you made the claim into your current year.

You lose two years PLUS the year you are on. To me that's criminal in it's self.

Thats what happened to me last year. 100% rip off. the amount I got for my bike being stolen has been offset against my loss in no claims and their assumption that Im higher risk because I made a claim. I would have been better off not claiming.

Originally Posted by pencil shavings

Thats what happened to me last year. 100% rip off. the amount I got for my bike being stolen has been offset against my loss in no claims and their assumption that Im higher risk because I made a claim. I would have been better off not claiming.

Also, on a lot of policies they cancel the policy so you have to start again when you replace the bike, so if your premium is high it is sometimes better not to claim especially factoring in all your previous points.