A full No Claims Bonus is a useful thing to have, considering it can entitle you up to 75% discount on your car insurance rate. No Claims Bonus is a discount you receive on your car insurance rate, how much discount you receive is based on the number of years you have held car insurance without making a claim.

Considering that your No Claims Bonus rate is probably the biggest factor affecting the cost of your car insurance rate, there is a strong incentive for safe driving. Every year that you don’t make a claim is another year added onto your No Claims Bonus.
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