What is the pros and cons of this?
Re : car insurace
I was always of the opinion that it is a bit of a waste of money but I am not 100% of my facts.
Am I right in assuming that you only keep the bonus if you stay with the same company that issues it? So after a claim you keep the bonus but of course the premium is going to go up and if you can't shop around you are going to pay more than you would as a new customer elsewhere - so the savings might cancel out? This right?
What does everyone think?