We are currently looking into releasing a new car insurance product that will revelutionise the way in which people insure their cars in the future! We and an affiliated company are looking to launch a car insurance product where you pay the usual premium at the start of the years cover. However, unlike normal car insurance, if you dont make a claim within that year you receive 100% of that paid premium back, thats right all your money back!

What do people think of this? Would you go for a product like this rather than paying already excessive premiums and losing the money even if you dont claim? We want your views and idea on this concept so please let us know!