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What is No Claims Bonus/no claims discount? No Claims Bonus (NCB) is crucial to reducing car insurance premiums. Its worth varies from company to company. A NCB of five years or more, for example, can entitle drivers to a 60%-75% discount on car insurance premiums. NCB is earned. Generally, for every year that a driver has insurance on a car without making a claim, they will earn another year's NCB to a maximum of 5 years. Some companies offer further discounts for 6-8 years of claims-free driving, but generally the maximum figure is 5 years. With two cars, a driver will need two lots of NCB - one lot for each car. Drivers can't share a NCB earned on one car between two cars.

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โˆ™ 2010-03-02 01:16:52
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Q: Can you use your no claims bonus to insure two cars?
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Related questions

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