A No Claim Bonus1 is a discount that can be earned on eligible Comprehensive policies in recognition of a claims-free record.
The No Claim Bonus discount that applies to your motor vehicle basic premium is shown in your current Policy Schedule.
No Claim Bonus is calculated on each eligible vehicle insured under your motor vehicle policy unless your claims history does not entitle you to a No Claim Bonus.
We calculate your No Claim Bonus rating based on the claims history of you and any other policyholders. For each year there is no at-fault claims made on a vehicle under your policy, we allow a discount from the basic premium for that vehicle. The discount increases each claims-free year you have for a vehicle until the maximum is reached.
Each year at renewal, your vehicle’s No Claim Bonus is re-calculated.
In all other cases, at the next renewal you will lose part of your No Claim Bonus for a vehicle following each at-fault claim made in respect of that vehicle. The discount then increases again after each claim free year you have for a vehicle up to the maximum.
If your vehicle is eligible for the ‘No Claim Bonus Protection’ option, your current Policy Schedule will show “No Claim Bonus Protected” when the option has been selected.
You will be protected for the first at-fault claim for each of your eligible vehicle(s) insured under your policy during each period of insurance if you have paid the additional premium required.
You are entitled to make one claim each Period of Insurance without losing the No Claim Bonus if the vehicle:
We will reduce your no claim bonus for a vehicle at the renewal of your policy if you have any further claims. You will not lose any No Claim Bonus with us on renewal if: