90% no claims car policy is bad news

Updated
AXA website
AXA website

French insurer AXA has launched a UK direct car insurance product offering drivers up to 90% no claims discount (NCD), at a time when many drivers are seeing their premiums rise rapidly.

Great news for consumers - just another silly, price-cutting move for the insurance sector, which has not made a profit in motor insurance for more than a decade.

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