Bonus accelator x10 payments?

Question

what does this mean>?

when i phoned up the insruance co. they said it was paying for 10 months of car insurance and 12 x was for a year?

would you have to pay a deposit with bonus accelator and whats best x12 monthly payments or x10 bonus accelator>?

ta

Answer 1

10 month bonus accelerator is when they insure you for only 10 months but at the end of that you get 1 years no claims

Answer 2

They are saying that you take out a policy for ten months instead of 12 months, but at the end of it, they give you 12 months no claims bonus. It just means that you get a years no claims bonus quicker.

Answer 3

you have to be careful with the bonus excelarator policy as not all companies will accpet the bonus from bonus exce;orator policies as they are 10 months and not a year. and you tend to find after your first year (10 months) the company puts your insurance up and you feel obliged to stay because no one else will accept your no claims bonus.

if you are going to pay monthly u will find the interest rate massive with lots off little add ons such as payment protection which is not really worth the paper its written on

Answer 4

Bonus Accelerator (x10 months) is where the policy only lasts for 10 months, but you get a full year's no-claims bonus at the end of the term.