Benefit Of No Claims With Car Insurance

A no claims bonus (NCB) is crucial in helping to reduce car insurance premiums, according to an insurer.

The value of an NCB varies between insurance providers but most start with a typical discount of 30 per cent on insurance premiums for drivers with one year claim-free driving, rising to a 65 per cent discount after four of five clean years.

Some companies offer a discount of up to 75 per cent for several years of no claims and many insurers now offer the opportunity for policy holders to protect this crucial bonus.

Keith Maxwell, motor insurance manager at More Than, said: "With other car insurers, you can get a bonus for a four-year no claim period. If after these four years you make a claim, this discount is reduced.

"We offer a lifetime protection of this discount, so if after the no claim period you have an accident and you make a claim, your bonus is protected and you can claim as many time as you want after that."