Can mean substantial savings
If you have had insurance over a period of some years, you may be entitled to a no-claims discount. This is because the insurer will see you as a 'safe' investment and will usually be prepared to offer an incentive to ensure you take your policy from them.
What this means for you is a substantial saving, often up to 30 per cent of the original price. Even better, it gives you a bargaining tool with which to drive quotes down when negotiating with a potential new policy provider.
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