How many years no claims do I lose after an accident?

Even if you do have to claim for an accident that was your fault, you could still keep some of your NCB. If you make one claim during your insurance period, you’ll lose two years of the bonus. So, if you have five or more years NCB, it will reduce to three years at renewal.

Can you lose no claims bonus?

If you make a claim on your car insurance and your insurer pays out, you’ll generally lose some or all of your no claims bonus. And if you make a claim in which you and another driver are at fault – or can’t agree on who is liable – both of you could lose your no claims bonuses.

How do I stop losing my no claims bonus?

A way to safeguard your no claims discount is to pay an additional amount on top of your car insurance to protect it. This means that even if you were to make a claim, your no claims bonus would stay intact.

Do insurance companies check your no claims bonus?

Do insurance companies ask for proof of no-claims bonus? Yes, most insurers ask you to prove your no-claims bonus within a couple of weeks of giving you a quote. If you do not provide proof within the time limit, your policy could be cancelled – leaving you uninsured.

Do I lose my no claims bonus if the accident wasn’t my fault?

A no claims bonus (NCB), or more correctly a no claims discount, is awarded if you don’t claim in the latest policy year. Even if you have an accident that wasn’t your fault – you’re hit by an uninsured driver, or your car gets stolen – you could lose your NCB, and your premium could even go up at renewal.

Does a non fault accident affect no claims?

The good news is that a non-fault claim shouldn’t affect your no claims discount (NCD).

Is it worth protecting 1 year no claims?

The opportunity to protect that reduction might initially seem like a no-brainer. By protecting your no claims discount, you’ll be locking in that discount. You’ll continue to pay less on your premium even if you have an accident. You might still lose your discount if you have a number of accidents in one year though.

Why protect your no claims bonus?

Frequently referred to as no-claims discount protection, protecting your NCB allows you to have a certain amount of ‘at fault’ accidents without affecting the bonus. This means that your no-claims bonus remains intact even if your insurer can’t claim their costs back.

Can I use my no claims discount on 2 policies?

Unfortunately you cannot use your no claims discount twice. You can only use your no claims discount on one vehicle at any one time.

How do I find out my no claims history?

There are three main forms of proof:

1. The renewal invite from your current or previous insurer will state the number of years you’ve enjoyed a no claims bonus.
2. A cancellation letter from your previous insurer, as long as it states your no claim bonus.
3. A letter from your previous insurer confirming your no claims bonus.