Every year you have insurance but do not make a claim, you build up your NCD. This is measured in years and can give you up to 60% discount.
a discount from the premium given if there have been no claims in previous years. The discount increases according to the scale in the policy with every year that is free of claim. If a claim is made or incident notified the no claims discount is disallowed. In the event of the incident not materialising into a claim payment the no claims discount will be reinstated.
Most insurance companies offer an incentive to drive carefully and not make claims on your insurance policy so for each year you have an insurance policy and don't make a claim, you will receive a increasing discount on your next policy. Click on no claims discount for more information.
A reduced cost on car insurance is given for not claiming on previous car insurance.
A no-claims "discount" (NCD) or "bonus" means you don't have to pay the full premium if you don't claim. You might get, say, a 30 per cent discount after the first year and this could rise to 65 per cent after four or five years. Insurers often give the discount to new customers who have a claims-free record with another company. A no-claims discount is not a no-fault discount. You could lose the discount if you claim even when an accident is the fault of another driver.
You will earn discount by claim-free driving - it will be shown on your renewal Up to 65% can deducted from your motor insurance premium
No claims discount (sometimes called 'no claims bonus') is calculated on a sliding scale, usually reaching a maximum of around 60% after 4/5 years. A typical scale is as follows: 1 year 30% 2 years 40% 3 years 50% 4 years 60% You will usually drop two years bonus if you have a claim. (e.g. If you had 3 years bonus at your last renewal resulting in 50% no claims discount and now you make a claim – then your next renewal will show that you only have 30% no-claims discount, having dropped two places in the above scale. Watch out for protected no-claims bonus. Not all Insurers offer the same deal. See Protected no-claims bonus. No-quotes Sometimes the system will say “No Quote” or “Refer” when you apply for a quote. This could be due to your particular circumstances where no Insurer wishes to offer you system produced cover without talking to you in more depth. (e.g. 17 year old driver with a ferrari). It could be that your needs are greater than the system was designed to provide.