Responsible driving is not just safe, it’s also rewarding. If you did not make a claim throughout the year on your car insurance policy, you can apply for a No Claims Discount or No claims Bonus as a reduction on the premium of your car insurance renewal. However, the amount of discount or bonus varies for different insurers. Also, a no-claim bonus is transferable to another car and insurer as well.

No claims discount is reduction in premium in the form of discount from insurers based on your no claims history.

Insurers might request a No claims certificate from the previous insurer to provide this discount.

No claims discounts are not applicable on minimum premiums.

To know more, read our blog on No-claim Certificate in Car Insurance.