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What exactly is a no claims discount?

Updated: 9/23/2023
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10y ago

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A no claims discount is given by auto insurance companies. If a policy owner files no claims for usually 5 years, a discount is given towards the insurance premium.

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Q: What exactly is a no claims discount?
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Related questions

Can no claims discount be used from car to van?

no


How Two claims must be true in all and exactly the same circumstances?

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These two claims must be true in all and exactly the same circumstances?

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Will using a courtesy car effect your no claims discount?

If you have a courtesy car through an insurer it is probably because you have had an accident that will affect your no claims bonus wheather you have a courtesy car or not. The only way to avoid this is to protect your no claims bonus with your insurer. Usually there is a charge for this or you have to have a full no claims bonus.


Questions to ask when looking for car insurance?

can you build up no claims discount while being a named driver


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