Car Insurance: Frequently Asked Questions

Please find a list of frequently asked questions for car insurance. If you do not find the information you need please Contact Us and we will be glad to assist


For every year you don’t make a claim on your car insurance, you will earn a year’s “no claim” bonus.
This can be converted to a discount at renewal, although a reduction in premium is not always guaranteed should there be a change in your circumstances or the markets. Importantly, it’s not about whether the claim was your fault or not – it’s simply whether you had to claim on your insurance. You can earn no claims on all 3 types of car insurance policies (Comprehensive, Third Party and Third Party Fire and Theft).

Normally you can earn no claims bonuses for up to five consecutive claim free years and can entitle you to up to 75% off your insurance premium. Did you know - if you pay to protect your no claims bonus you are only protecting the bonus, and not the premium itself which will rise if you have made a claim.

AutoeBid offers GAP Insurance. Get your quote here.

For information on when to inform your Insurance provider of specific changes – refer to your policy booklet.
It is important to make sure you update your insurer with changes to your name, address, car, occupation,

Whether you need to insure another driver for your car or require temporary cover yourself for another vehicle, there are times when you need short term car insurance.
With comprehensive policies available for a period from one to 28 days, short-term car insurance gives you instant cover with very little hassle - and what's more, there's no risk to your No Claims Bonus.

No, in order to qualify for GAP insurance through AutoeBid.com you will need to have Comprehensive insurance cover.

Car Insurance groups range from 1-50, the lower the group the lower the insurance cost, the higher the group the higher the insurance cost. Cars in the highest groups, typically high performance models, are likely to cost insurers the most in insurance claims. Insurers consider the following when categorising vehicles.

● Damage and parts costs
● Repair costs and times
● New car values
● Parts prices
● Car performance
● Safety
● Bumper compatibility
● Car security

You can find out your car insurance group from: www.parkers.co.uk/cars/insurance/car-insurance-groups

Suited to younger drivers or those in high risk groups, a black box tracks data on your driving using GPS systems. By monitoring your driving telematics (distance, location, speeds and other data) insurers are able to build up a picture of the kind of driver you are and adjust your premium accordingly.

As well as your insurer being able to keep an eye on your driving, some providers offer the facility for you to go online and keep an eye on your own mileage and costs!!

Black box car insurance is a new and innovative way of calculating your car insurance premiums.
An insurer installs a box under the bonnet of your car, which contains a global positioning system (GPS) and transmits information back to the insurance company via a satellite. Insurers can than monitor your driving performance, and then calculate your premium based on how risky a driver they think that you are.

The data is usually shared with the policyholder through a web-based portal that records journey histories and shows your latest 'driver score' - which is then used to calculate your premium.
To calculate your driver score, black box car insurers will monitor things like:

● the time of day that you drive;
● Repair costs and times
● average speeds on different types of roads;
● how many miles you drive;
● acceleration, braking and cornering

This is unlikely, certainly in the long term - when a customer gets out of the habit of shopping around, insurers typically take advantage and inflate renewal premiums.

Most policies include an excess, which is the amount to be paid by the policy holder in the event of a claim. There's both a compulsory excess, imposed by the insurer, and a voluntary excess. The phrase 'total excess' combines these two factors and is the amount you pay in the event of a claim.

Taking the risk of choosing a higher voluntary excess may help to reduce your premium. If you make a claim, the excess can be deducted from the total amount paid out, or you may be asked to pay it up front.

You may be able to take out uninsured driver excess meaning that, if you're involved in an accident with an uninsured driver which is not your fault, your no claims bonus could be protected and you won't have to pay the policy excess.

AutoeBid offers GAP Insurance. Get your quote here.

When you apply for car insurance you'll be asked where you keep your vehicle overnight and the answer provided will have an impact on the premium you pay.

Key Facts
1) Ensure you accurately declare where your vehicle is kept overnight for the majority of the time
2) Every insurer will treat the risks associated with a particular overnight parking spot in a different manner
3) Good security can help keep down premium costs

Whether it's in your garage, on your drive or on the roadside, the spot in which you park your car overnight can make a difference to your car insurance. Insurers ask where you park as the location can reduce or increase the risk of your vehicle being broken into or stolen, which in turn has an impact on your premium.

AutoeBid offers GAP Insurance. Get your quote here.