Folks, if I am not wrong, if you claim for accidents, not only your no claim bonus goes the next year, you are also charged an 'overloading' to a maximum of 25% (I am not 100% sure if the figure is correct). So if you hit and claim, the next year you pay a higher premium than teh first year. The overloading also has slabs - something like 10%, 20%, 25% and depends on one of the two (again not sure - sorry) - either its the no. of claims you made in the year or a function of teh total claimed amount.
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One hand on wheel, one finger out of the window... |