No claims bonus capped at 9 years? - MoneySavingExpert Forum I have recently changed car insurance provider I went to my former insurance company with 9 years' no claims discount, stayed with them for a year, and then changed - giving me 10 years of no claims Having left them, they have now issued me with documentation stating that I still only have 9 years?
Is 9 years no claims the maximum? - InsuredAndMore. com While some car insurance providers offer no claims discounts for up to eight years of claims-free driving, the maximum discount is generally achieved within nine years, often less What is the maximum NCD? The amount of discount earned increases with each year of claim-free driving
What is no-claims discount and is it worth protecting? Car insurance providers reward customers for the number of claim-free years they build up over time, often referred to as a no-claims discount or a no-claims bonus The exact discount that you will receive varies depending on the provider but according to the Association of British Insurers (ABI) this could be as much as 60% and some insurers
What is a no claims bonus and why is it so important? - Veygo With each year of no claims bonus you earn, you gain an additional discount usually up to 9 years One year NCB can result in around a 7% discount growing to 40% when you reach 9 years Bear in mind that this totally depends on the insurer and can be much lower or much higher
Calculate your No Claims Discount - MoneySuperMarket If your insurance company recognises up to, say, nine years of claims-free driving and you have an accident, you might lose two years and drop back to seven As that's still higher than five, making a claim would not jeopardise your discount
No Claims Discount Bonus Protection – Car Insurance If you don't claim on your car insurance, your insurer will give you a no-claims bonus each year – which is a future discount on your next policy But if you need to claim, you could lose any discount you've built up, unless you pay to protect it
No claims discount guide – should I protect my no claims discount? - RAC Yes, with most providers of car insurance, 9 years is the maximum number of years required to gain the highest level of no claims discount Why has my insurance gone up after no claims? Even with your no claims discount, you may notice that your premium has increased
No claims bonus or discount explained | Compare the Market If you haven’t made a recent claim, you can get a no claims bonus, also known as a no claims discount (NCD), on your car insurance when you come to renew The longer you drive without claiming, the bigger the discount on your premium could be
No Claims Bonus: Understanding the Basics - Free Price Compare The 9-Year Limit: Is it the Maximum for No Claims Bonus? Insurers generally offer a no-claims bonus (NCB) for up to 9 years However, some companies provide extended NCBs that offer additional discounts beyond the standard limit
Protected No Claims Bonus - Car Insurance | John Lewis Money If you’re insured consistently, you can earn up to a total of 9 years no claims bonus with John Lewis Car Insurance Once you’ve reached 9 years with no claims, your bonus will remain fixed for the remaining years that pass without you making a claim