AXA rewards safe motorists

AXA has unveiled a new insurance policy which will give those with eight or more years no claims bonus a 90% discount on their premiums.

This compares to the average discount of 65% on a maximum five-year no claims bonus.

The move comes at a time when the AA has confirmed that UK car insurance premiums will rise by between 10% and 15% in 2010, with the majority of the increase caused by uninsured drivers causing accidents on the road.

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