Your no-claims discount may be on your renewal letter. If it’s not on there, it might be on the cancellation notice you’ll receive if you’re switching. If you can’t find it yourself, contact your provider and ask them to send you the required proof.
How can I get proof of no claims?
There are three main ways to get proof of your no claims bonus and claim a discount on your car insurance:
- From the letter you receive when your policy is due for renewal.
- From the cancellation letter you receive when you switch to a new provider.
- By contacting your existing insurer by phone, by post or online.
How do I find my NCD?
In order to check your NCD, call your insurers and ask them to query the database for you. Also please note- some insurers have NCD protectors or NCD for life (e.g., FWD Insurance Singapore).
Do insurance companies ask for proof of no claims?
Do insurance companies ask for proof of no-claims? Yes. When switching insurance providers, most will request that you provide proof of your no-claims bonus when getting a quote.
What is a no claims bonus certificate?
A no claims bonus is a reward – in the form of a discount on your insurance premium – that you can receive for not making any claims against your policy where you were at fault. In other words, it’s a great way for safe drivers to save money on the cost of their car insurance.
Does 1 year no claims make a difference?
The amount of discount earned increases with each year of claim-free driving. So after one year you might get 30%, with the percentage increasing each year until you get 70% NCD after five years. Most firms offer a maximum NCD of 70%, although some offer 75% or 80%.
What is my no claims discount?
A No Claim Bonus (NCB) is a discount off your comprehensive premium. On each renewal, your discount will increase providing you haven’t made any claims that affect your NCB. If you are eligible, your NCB will keep increasing until you reach the maximum discount level. Your NCB is shown on your certificate of insurance.
What is the maximum no claims discount?
Maximum discounts range from around 40% to 80%, while the number of claims free-years you need before you’re at the top of the scale ranges from around five to 15 years.
Do no claims expire?
Can your No Claims Bonus expire? The expiry period for an unused no claims bonus is two years after you’ve cancelled your last policy. So if you have taken a break from driving but you don’t want to lose your NCB, you’ll have to take out a new policy within two years to carry on where you left off.
Do I lose my no claims if someone hits me?
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.
Is it worth protecting your no claims?
It depends on your personal situation whether it’s worth protecting your no claims discount. If you have five years’ no claims discount, it will significantly cut the cost of your car insurance. You could lose all that for just one accident. … You’ll continue to pay less on your premium even if you have an accident.
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. However, you will be able to start earning another no claim discount if you take out a policy on a second car.
Do named drivers get no claims?
Named drivers can’t usually build up a no claims discount. Although they can build their own if they’re insured as the main driver on their own car. Some insurance providers may give a named driver a discount – provided they take out their own policy at a later date.
Do I need to declare windscreen claims?
Do you have to declare a windscreen claim to your insurer? Yes. If you’ve had a windscreen repaired or replaced within five years. However, it shouldn’t effect your premium.
Can 2 people insure the same car?
Yes, two different people can insure the same car at the same time. Ways you can get insured on someone else’s car include: Take out a non-owner car insurance policy that covers you to drive the car named in the policy, according to the insurer’s terms and conditions.
Can no claims be used on two cars?
Can I split my accumulated NCB across two cars? No. You can only use your exisiting NCB in one policy for one car, but you can build up a separate NCB in another car insurance policy for a second car.