Protected No Claims Bonus

Most car insurance policies operate a no claims bonus scheme. Each car insurance company will set out in its policy the scale of no claims bonus that will apply. After a policy has run for 5 or more years claim free, a maximum bonus of 60% to 70% will be allowed. At this stage motor insurance companies will often allow bonus to be protected. This means that you may make as many as 3 claims over an agreed period (usually 2 years) without any loss of no claims bonus. Without this protection, 2 years of no claims discount will be lost for every claim made.

It should be remembered that no claims bonus can be lost even if a claim is not your fault, e.g. if the car is stolen.

If you want to know more about no claims bonus you can talk to one of our specialists on 0844 482 8122.