Hello,
Following a recent small accident, Quinn Insurance have left my father with the option to pay the claim himself €1,500 and keep his no claims bonus, or allow Quinn to cover the cost, loose his no claims bonus and risk his motor insurance increasing. Quinn cannot say by how much his insurance might increase so we have no idea if it will increase beyond the €1,500. Would anyone have an idea of what is better to do? We are thinking its best to pay the claim and save the no claims bonus, thus saving in the long term.
Thanks
RL08
Following a recent small accident, Quinn Insurance have left my father with the option to pay the claim himself €1,500 and keep his no claims bonus, or allow Quinn to cover the cost, loose his no claims bonus and risk his motor insurance increasing. Quinn cannot say by how much his insurance might increase so we have no idea if it will increase beyond the €1,500. Would anyone have an idea of what is better to do? We are thinking its best to pay the claim and save the no claims bonus, thus saving in the long term.
Thanks
RL08