Frequently asked Questions

Here are the answers to some common questions about MagicQuote policies.

• What does the Excess mean? It means that drivers pay the first portion of any claim. Every car insurance policy has an excess. Magic Quote policies have an all sections Excess per event.


• How does a high excess policy save me money? The excess only applies if you are deemed to be at fault in a claim situation. In the event of a claim the excess should be compared with the real cost of a claim with another insurance company. Our system can work out cheaper than claiming through a conventional insurance policy where the driver's premium is increased for many years after a claim has occurred.


• I had a claim last year ? Past, present or future claims have absolutely no impact on your price with Magic Quote. Unlike other companies we accept drivers with outstanding unsettled claims up to any amount.


• Do you apply special loadings for large claims? Unlike other companies who apply special loadings if they dislike the particular events surrounding a claim, our policies do not add any load for claims in any circumstance.


• Does my premium go up if I have a claim? No! Your premium is guaranteed not to increase just because you made a claim. That's a guarantee a lot of other insurance companies don't give, even with their bonus protection products.


• Do I pay for every bump and scrape myself? Virtually every driver on the road does that anyway rather than losing their bonus. With our policies, everything becomes more transparent and we allow drivers that are penalised heavily by the bonus system to start with a clean slate - and keep it!


• How should I work out the saving with the Excess? The Excess should be compared with the full cost of a claim with another insurance company, including the additional premiums payable for many years after the initial claim. Some go by the rule of thumb, that losing your full bonus with another insurance company costs up to around three times your annual premium.


• Will I get a bonus certificate? On renewal, you will be given a Certificate detailing Years of Claims Free Driving. This is accepted by many car insurance companies in the UK.


• Is windscreen cover included? No, windscreen cover is not available on this policy.