News & Articles
No Claims Discount
In Ireland, insurance companies offer a No Claims Discount (NCD) to reward motorists for safe driving. Some policyholders get confused and misunderstand what it is and how it applies to their car insurance policy. Let me cover some of the most frequently asked questions. What is a No Claims Discount? No Claims Discount (NCD), also […]
What is a Policy Excess?
Policy Excess applies to most insurance contracts, including car insurance, home insurance and travel insurance. It is the amount you agree to pay towards a claim. Suppose you are involved in a car accident and submit a claim for €4,000. If the policy excess is €200, the insurance company will pay €3,800 towards the claim, […]