There is no no-claims bonus or discount for these classes. 50% to 20%, 40% to 10% or; 30% or less to nil; FBD policies. Canstar & Capital Magazine's Insured of the YearWe like: No excess for accidental damage claims, allows named drivers to earn no-claims discount (NCD) and includes as standard a guaranteed courtesy car in the event of a claim. Car insurance prices in most states reflect these differences. NCD is a discount ranging from 25-55% on your premium payable that has to be earned by maintaining a claim-free record in the past 12 months. Average Rating. The terms for no-claims bonus vary from one insurance provider to the next so it’s important to shop around and read the small print to know exactly what’s included in your policy. No Claim Bonus is calculated on each eligible vehicle insured under your motor vehicle policy unless your claims history does not entitle you to a No Claim Bonus. A No Claim Discount Protector protects your NCD and allows you to make a claim under your policy without affecting your NCD. This. No Claim Bonus or no claim certificate is a benefit provided by the car insurance company for not making any insurance claim in the previous insurance policy tenure. Description: The no-claim bonus is a reward to the vehicle owner for prudent use of the vehicle. If you make no claims on your car insurance, you receive a no claims bonus in the form of reduced premiums. All the most important new car launches, model updates, car. Allstate offers a wide variety of discounts that can substantially lower the price for home insurance premiums. 1” was aggregated from the company’s performance across. 5 Star. Your no claims discount builds up with each claim-free year, so the longer you go claim-free the bigger your discount will be. 0%. uk. With three consecutive years without a claim, the no claim bonus percentage will be 35%. A no claims bonus, also known as a No Claim Discount (NCD), is a discount your insurer can apply to the price of your car insurance policy to recognise your claim-free driving history. 3. The positive side of this system is that when you have a responsible accident, the bonus rate you have gained will be multiplied with a coefficient of 1. SF class 0. A no claims bonus example: If you have gained 2 years no. Nikolaos Kefallinos discusses the development of national no-claims discount schemes, and their contribution to public road safety. However, if a claim is made against your policy, we may reduce your NCD. 5-star Defaqto rating on RAC Car Insurance Plus; Voted Car Insurance Provider of the Year 2022 by Moneyfacts. It’s essentially a reward system designed to incentivise safe and responsible driving. Sometimes referred to as a No Claims Discount, this is a discount that is applied to the cost of your car insurance – a ‘reward for good driving’. 88. If we have asked for proof of your NCD, the quickest and easiest way to send us proof is by uploading it to your online account. This discount can be anywhere up to 60% in the first year. This may differ from your claims free years because the discount allowed on the scale may be higher. This discount can be anywhere up to 60% in the first year. You can’t use the no claims discount more than once. No claims discount: A 20%. If you are eligible, your NCB will keep increasing until you reach the maximum discount level. Of course, for some providers,. The discount is usually worked out in terms of the number of years. Watch on. This is a discount mechanism adopted by Singapore’s car insurance industry whereby if you are claim-free during your policy period, your N CD will increase. Gets your NCD questions solved with Budget Guide. It can see you paying much less than you would otherwise. For example, 'Rating 1' drivers haven't made a claim for the last five years (this is usually the maximum number). a 0–55% No Claim Bonus. If you make a single claim or one arises against you during any period of insurance, we will reduce your No Claims Discount in the following intervals: - A 50% discount is reduced to 20%, - A 40% discount is reduced to 10%, - A 30% or less discount is reduced to 0%. 55%. You can check your NCD rate online instantly for free. This includes “reasonable costs” for towing your car to. The more claim-free years you have, the better your discount will be. As a result, your insurance premium. 2. Existing Claims Discuss an ongoing claim: Webchat 0333 043 2022 claims@1stcentral. NCD is a form of discount that insurers offer if you do not make any claims throughout the coverage period. The insurance firm announced that new and existing customers with comprehensive cover will now keep their no-claims discount in a. However, with 10 years’ NCD the cheapest premium is £216. Along with your age, driving history and vehicle model, the no-claims bonus is one of the main factors determining your premiums’ price. Procure your NCD a solved with Budget Direct. If you fail to report an incident leading to a claim on your policy within 24 hours of the incident or the next working day, we will reduce your NCD by an extra 10%. Contact America. This means that even if we have been safe drivers who have not made any claims for 10 years or more, we still only enjoy a maximum NCD of 50%. The calculation method of the NCD is also slightly different for private cars, motorcycles, and commercial vehicles. Mon - Fri: 9am to 6pm Bank holidays: 10am to 4pm. Experience Rating. With each year of no claims bonus you earn, you gain an additional discount usually up to 9 years. It is worth looking up how your no claims discount would be downgraded; the difference in price between 6 years and 4 years is very small, whereas the difference between 4 years and 2 years is much larger. So if your annual premium is €700, once your no. Answers to all the most frequently asked questions around car insurance. A No Claims Discount is a discount that is applied to your car insurance premiums based on the number of years you have been claim-free. As the name suggest, this no claim discount is extended to you when you do not make any claim toward your insurance during the in force period. NCB vehicle insurance is one of the most popular no-claim bonus types, and you. Both NCD and NCB mean exactly the same thing: they are both a discount/bonus awarded to you by your insurer for not making a claim on your car or house insurance for a continuous 12-month period. The longer you keep up an impeccable driving record, the higher the discount you can get—although with most insurance companies, this maxes out at 50 percent. If you’ve been driving for five years and haven’t made a claim on your car insurance, you’ll earn five years no claims discount. No. Car insurance prices in most states reflect these differences. The "No-Claims Discount System" (in the UK, Australia*, etc. Find answers to often asked questions about no-claim discounts for Comprehensive Car Insurance policies. With AXA, you can accrue up to 20 years of no claims, which can save you a. The rating system typically ranges from one to six, with one being the highest discount rating you can reach. This discount can be anywhere up to 60% in the first year. Access to the database can be at point of quote, point of sale or post sale, for the purposes of data enrichment or data validation. Confirm the number of years the NCD was built up over. 2: Enter your vehicle plate number and NRIC. In most developed countries, a car insurance system has a rating system that fines the policyholder responsible for one or more traffic accidents with an increase in the premium or a malus, and encourages. S. No Claims Bonuses - Complete Guide 2020. Your No Claim Bonus rating for a vehicle will increase after each claim free year you have. Open it using the online editor and start editing. Car accident and collision damage. If you do not file a claim within the first year of your coverage, you will receive a 20% discount on your premium in the form of a no claim bonus in car insurance. 1) the number of years you have held car insurance in your name without making a claim, or. The maximum NCB we offer is 60%*and you'll be eligible for this when you have been driving for four or more years. Be warned, if you have an accident and you're at fault, your no-claims discount could come to an end. When you renew your insurance and you want to move to a new motor insurance provider, the NCD database enables the new insurer to verify your no claims discount directly from the database. Find answers to frequently asked questions about no-claim discounts since Comprehensive Car Services policies. pl/RcFqaB posted 2011-Mar-3, 7:20 pm AEST Have you been insured before? Get proof of your no-claims bonus when switching provider and get a discount on car insurance premiums. If you are lucky enough and have a good driving record, then some car insurance companies in UAE may provide you up to 50% no-claim discount, considering your age. It’s also worth noting that although your No Claims Discount will be. Calling your car insurer and speaking to. I have held my fully driver's licence for 5 years and never made a claim. If the no claims bonus is over two years, unless referred to the insurance company, the no claims discount will need amended to 0 years for the cover to remain in place. A no claims bonus is awarded each year you drive without making a claim. Your age, sex and marital status. failing to stop at the scene of an accident. 1 Star. Find answers to frequently asking questions about no-claim discounts for Comprehensively Vehicle Insurance policies. Car insurance no claims have some exemptions – for example, a. Step back No Claims Discount. What this means is that if you make a claim as a result of an accident where you were at fault, your no-claim bonus will basically renew itself so you. Step back No Claims Discount. Many insurance providers put a cap on no-claims discounts after around five years, but up until that point, you will save money for each year that you don’t claim on your car insurance policy. The amount of the discount varies depending on the insurer, but a 'maximum' rating (which usually means no at fault claims for five years) can save you. Updated: 08 Sep 2022 As a motorist, your no claims discount makes a massive difference to the cost of your insurance premium. Getting a No Claim Bonus. Volunteers of America Car Insurance Discount for 2023. This means that if you have a claim-free record for six years, you can. Most insurers cap your No Claims Discount at nine years. NCB is good news for drivers because it can save you money on car. Get owner NCD questions solved for Budget Direct. A no claim discount is a decrease in the expense of your car insurance offered by your insurance firm if you didn’t claim the term of the vehicle insurance policy. Canstar & Money Magazine's . Accident rates are often higher for drivers under age 25, especially single males. A no claims bonus (NCB), or more correctly a no claims discount, is awarded if you don't claim in the latest policy year. With Age Co Car Insurance, provided by LV=, you can add protected no claim discount to your policy as an option extra as long as. Your no claim bonus may decrease when you make a claim where there is no third party to recover costs from. What is Rating 1? Rating 1 is the maximum discount you can achieve after 5 years of good driving. AAMI’s Comprehensive Car Insurance policy also includes cover for accidental damage to your vehicle, as well as after accident care. The Cost of Insurance The price we quote for insurance is at our sole and unrestricted discretion. NCD60 provide drivers who have held. 15,000, considering the 20% NCB bonus on the premium. This should. It is a reward to you for the cautious. The lower. ) See full list on blog. If no claim has been raised during the first year, the insurance provider will offer a 20% discount for the second year on the premium amount. You’ll earn Apia’s highest “Protected for Life” no-claim bonus* after just three consecutive years of claims-free driving. But the biggest percentage discount is only worth having if the underlying price is right. A No Claims Bonus for auto insurance offers you a discount off of your physical damage premium for not presenting any claims. No Claim Discount plays a big role in determining how much you have to. Do you have a maximum no claim discount? Each year you hold car insurance and don't make a claim, your no claims discount rating goes up, making your car insurance premiums cheaper. 50% Disability Rating 60% Disability Rating; Veteran (No Dependents) $524. com): 4 years of NCD 20 on Bike In Australia, a no claim bonus works like this: Each year you hold car insurance and don't make a claim, your no claims discount rating goes up, making your car insurance premiums cheaper. For example, if you had a Rating 1 (maximum no-claim discount) and you made one at-fault claim in a given year, your rating would drop to 3. If you make a claim on your policy your No Claims Bonus. That's more expensive than the national average of $1,820 per year. $1,361. Look for 'no claims bonus' discounts. (Ratings start at 6 and decrease for every consecutive year you don’t make a claim; the lower your rating, the bigger your discount. choosing between a. This is compared to having no discount at all. 16 $1,361. A maximum of 50% discount on the premium to be availed in case you don't make a claim. 25%. A no-claims bonus is exactly what it sounds like: a discount you receive for not having filed a claim. On each renewal, your discount will increase providing you haven’t made any claims that affect your NCB. No-claim bonus is a discount or benefit that insurers give policyholders on policy premiums at the time of policy renewal. Overall rating on TrustPilot was 4. As no claim was raised during the policy period, the insurance company offered him a discount of 10%. 4. No-claims discount protection is a car insurance add-on which enables you to make a certain number of claims within a set period without affecting your discount. Typically, the maximum NCD we can enjoy for our motor insurance is 50%. Though the worth of NCB varies from one insurance company to another, but the more number NCBs for years, the more the discount on the policy's premium. NCD is a discount ranging from 25-55% on your premium payable that has to be earned by maintaining a claim-free record in the past 12 months. This bonus is typically applied as a discount on your car insurance premium, resulting in cost savings for policyholders. Rating 3, 3 years claim free Up to 40% Rating 4, 2 years claim free Up to 30% Rating 5, 1 year claim free Up to 20% 0 years claim free 0% What happens to your No Claim Bonus when you renew your Policy? If you don’t make any claims during the preceding period of insurance, your No claim bonus will be increased by up to 20% at renewal. Accident rates are often higher for drivers under age 25, especially single males. Lots of countries have similar systems that use. Get thine NCD questions solved with Budget Direct. The more consecutive years you remain claims-free, the bigger your discount. The rating reflects a variety lagging indicators, such as injury costs or claim history, and offers a prediction of future risk. Car insurance companies make money when you’re not filing claims, and want to reward you for that behavior. As the table below shows, a 40% discount on a £500 premium will see you paying more than a 30% discount on a £400 premium. The longer they go without making a claim, the bigger the discount they get. The concept is simple: if you hold a car insurance policy and don’t make any claims during a specific period, you become eligible. We will reduce your no claims discount to 0% if you make a claim and the driver is convicted of dangerous driving or charged with drink-driving or a drug offence in connection with the same incident. The Competition and Markets Authority (CMA) PNCD Information Order. our Best Home Insurance Companies of 2023 rating, while State. You are ineligible for an NCB discount on the premium paid if you do not have a claim-free history when you acquire your first vehicle insurance policy. As mentioned earlier, State Farm is No. The information below explains our No Claim Bonus discount. 5 out of 5 stars. If you’ve been driving for five years and haven’t made a claim on your car insurance, you’ll earn five years no claims discount. No Claim Discount (NCD), also known as a No Claim Bonus, is a discount on your car insurance premium that your insurer may offer as a reward for not having made a claim against your policy. Adding NCD protection will allow you to have one claim in a year, or two claims in a three-year period without it affecting your No Claims Discount. Key in your vehicle plate number and NRIC. 3 years of claims-free driving or longer: 20% NCD. Claims-free cash back. Read Allstate reviews, complaints and prices before you buy. Referring to your insurance certificate; many specify your no claims discount rating. Get you NCD frequent solved with Budget Direct. As per the UAE Insurance Authority, an insured that has not made any claim for 1 to 3 years is allowed for a discount between 10% and 20 % while renewing their car insurance in Dubai. A No Claims Bonus - or No Claims Discount - is a reduction in your car insurance premium offered on the basis that you haven’t made a claim over the previous 12 months. At Budget Direct, the NCD is capped at 5 years. You may still be entitled to a No Claim Discount even if you have made a claim, provided you are not liable for the accident and that you have been insured with us for the past 12 months. If you do make a claim, your discount will normally be less at the next renewal if your insurance company cannot get their money. 8/5 ( 36 votes ) Definition: No-claim bonus (NCB) is a discount in premium offered by insurance companies if a vehicle owner has not made a single claim during the term of the motor insurance policy. No claim Rating 3 Rating 2 N/A One at fault collision claim Rating 1 Rating 3 Rating 1The company is No. A no claims bonus, or, sometimes, a no claims discount, is a feature that is offered by a car insurance provider. Just follow these easy steps to do it online: 1: Head over to MyCarInfo. For example, if a policy normally costing £1,000 is eligible for a no-claims discount of 20%, it would cost £800. an amount by which someone's payment for insurance is reduced, especially for a motor vehicle…. A no claim bonus (also called a no claims discount, safe driver reward, no claim bonus rating scheme, or rating level) typically gives you a discount on your car insurance. Seek answered on frequently asking frequent about no-claim discounts since Comprehensive Car Insurance policies. No Claims Discount (NCD) is the UK system for rewarding safe drivers. On a premium of £250 this would probably increase your premium by upwards of £70. A discount scale is. Car insurance companies offer a unique proposition called No-Claim Bonus (NCB), whereby policyholders are rewarded for not making a claim in the preceding years. A no claims bonus, otherwise known as a no claims discount, is a discount program offered by some insurers who provide comprehensive car insurance to reward safe. Proof of no-claims can be found if your no-claims bonus is higher than the insurer’s maximum. No claims discounts vary from insurer to insurer, but they can be as much as 30% for one claim-free year and 60% for five claim-free years. Include the day/time and place your e-signature. As a reward for not claiming on your insurance for five years, your insurer will apply a discount of 60% to your premium. For more information please see your Product Disclosure Statement (PDS) and our Premium, Excess and. The No Claim Bonus is separate from the Loyalty Discount. For example, after one year you may receive a 30%. Easy Pay Plan: Save 5% by setting up automatic payments. Simply, it is a discount on your car insurance premium. You may be familiar with a no claims discount when it comes to car insurance. You don’t have to pay a deductible for claims against another driver’s insurance. . Read more about NCD:A no claims bonus (NCB) is a great way to save money on your car insurance. If you go claims-free over a six-month period, Safeco will send you a check covering 2. No Claim Bonus or NCB is a reward given by an insurance company to an insured for not raising any claim requests during a policy year. The No Claim Bonus comes with a comprehensive cover, which reduces the bike insurance premium by allowing the insured to apply these bonuses. 0. A No-Claim Discount (NCD) is an entitlement given to you if no claim has been made under your policy for a year or more with the current/existing insurer. In Singapore, if you’re a safe rider with zero claims for three consecutive years, the highest NCD you can usually get is 20 percent. 25%. Auto-Owners Home Insurance Review 2023. 25 if you are at fault for 100%, or 1. 75% to 55%. A no claim bonus (also called a no claims discount, safe driver reward, no claim bonus rating scheme, or rating level) typically gives you a discount on your car insurance. The way that it works, is that each year that you drive without claiming on your insurance, you will gain a year of no claims discount. To get a no claim bonus, you usually need to have comprehensive car insurance. Save 15% ^ on your first year’s premium when you purchase a new policy online. If your business has paid at least three Work levy invoices, we may add you to the Experience Rating programme. If I was involved in a previous accident and my liability was 0% and the claim was submitted to the insurance company, will I be eligible for the NCD?A no claims discount is a reward for not making a claim on your motor insurance policy. See our full guide on no claims discounts for more details. NCD is a discount ranging from 25-55% on your premium payable that has to be earned by maintaining a claim-free record in the past 12 months. No Claims Discount (NCD) is the UK system for rewarding safe drivers. Canstar & Dough Magazine's . As a motorist, your no claims discount makes a massive difference to the cost of your insurance premium. The way that the no claims discount protection works is that for each year you don't make a claim, your no claim discount will increase, with the maximum discount of rating 1 or 60 percent. However, there is usually a limit on the number of claims a driver can make over a period of time while still retaining the discount. The NCB is a discount ranging between 20%-50% and is given to the insured while renewing a policy. You move up one discount level after each claim free period, until you reach our maximum 25% No Claim Bonus 1. Most firms offer a maximum NCD of 70%, although some offer 75% or 80%. but how do you know if you have a rating discount? User #16579 13175. Insurance rates also vary greatly person to person. This is your insurer's way of recognising and rewarding you for having been a careful driver. 4/5 stars in 2023, Allstate is a very reliable insurance company. As the table below shows, a 40% discount on a £500 premium will see you paying more than a 30% discount on a £400 premium. 40%. While the amount your no claims bonus is worth will vary across different insurers, a no-claims history of five years or more will likely net you a significant discount. Your supplier, on the other hand, may not always send you confirmation of no claims instantly. I have held my fully driver's licence for 5 years and never made a claim. A no-claims discount is a perk that encourages safer driving. This builds up every year, and could end up giving you as much as 60% off your car insurance. But it only increases up to a maximum discount, usually 50-60%, and a number of years — usually 5-6 years. However, in that time, I've never actually held insurance under my name (always under. 25%. A No Claim Bonus (NCB) is a discount off your comprehensive premium. Should I protect my no-claims bonus? Whether or not you should protect your no-claims bonus is a personal decision that depends on your individual circumstances and risk tolerance. It means you get to keep any NCD you've built up – even if you claim. Claim-free discount. You should also be aware that as a named driver, you are unlikely to be able to build up a no claims discount over time – something that can prove invaluable on the hunt for low cost insurance. Receive your NCD your solved with Budget Direct. In order to benefit from any potential NCD, you need to. Having No Claim Discount Protection means that your No Claim Discount (NCD) will not be affected by: One claim made during the current period of cover, or by; Two claims arising in the three preceding years of insurance; You will cease to be eligible for the benefit if claims exceed the above number. No claims discount is a discount you get on your car insurance premium for each claim-free year of driving on the policy. You may still be entitled to a NCD even if you have made a claim, provided you are not liable for the accident. Additional personal effects cover. Your discount will be factored into what is called the underwriting process, where the cost of your cover is determined. Quick, easy and accurate. It may be that every year you pay your car insurance without claiming you’ll get a discount on top of your previous year’s discount, up to X number of. When you reach this ceiling, we apply the maximum no-claim discount (Rating 1). A No Claim Discount/Rating 1 for Life applies to some policies. Get a home quote from £5/month Despite the differences, proving a no claims period on your home insurance is much the same as with your car insurance — you'll need a letter or document from. The way that the no claims discount protection works is that for each year you don't make a claim, your no claim discount will increase, with the maximum. A no claims discount, or no claim bonus, is a cost reduction applied to your car insurance premium when you haven’t made any claims. The more years No Claims Bonus earned will result in a higher discount off your premium, subject to our maximum. Simply, you will pay Rs. How a No Claims Bonus Works. This means that the higher your class and your no-claims bonus are, the less you pay for your car insurance. Claims-free discount: If you’ve been claims-free on your home policy for at least five years, USAA extends a 10%. This is a way for insurance companies to encourage safe driving and reward responsible behavior on the road. With insurance companies offering significant discounts, your No Claims Bonus can make a big difference to your annual. When you reach this ceiling, we'll give you a maximum no-claim discount, also known as a Rating 1. It had cost Rs. For example, if you have been driving for four. Your current certificate of insurance will show any No Claim Bonus and any benefits that apply to your motor vehicle policy. 5 Things to Know About Sheilas’ Wheels. The discount increases each year if you don’t claim, up to a maximum number of. Learn more. NCB in car insurance is valid for a period of 90 days from the expiry date of the policy after which the NCB would lapse. Find answers in frequently asked questions about no-claim discounts for. American Family: Best large insurer. A no claims discount (also known as a safe driver reward, no claim bonus rating scheme or no claim bonus rating level) is a reward offered by some insurance. for not having any insurance claim by third party made against your car insurance policy. A No Claims Discount, also known as a No Claims Bonus, is a reward given to policyholders who have not made a claim on their car insurance within a certain. Explore. A no-claims discount builds up over time - the longer you go without making a claim, the more your discount will be. That depends on your insurance provider and how long it's been since you last had cover. Typically, you earn one year of NCD for every year you don't make a claim on your car insurance. What is No Claims Discount (NCD) for motorcycle insurance? This is a discount mechanism adopted by Singapore’s motorcycle insurance industry where if you are claim-free during your policy period, your No Claim Discount will increase. A No Claim Discount, sometimes referred to as the No Claim Bonus (NCB) in other countries, is a discount given by insurers when their policyholders do not make any claims. A good no-claims bonus is well worth having. The No Claim Discount (NCD) or Rating is a reward system for good driving and claims history which applies to Comprehensive Cover only. Important. The no claim bonus starts from 0% and reaches up to 50% for each claim-free year. With 4. This bonus is reduced when you make a claim. After you key in the details, you’ll be able to check the information below: i. However, there is usually a limit on the number of claims a driver can make over a period of time while still retaining the discount. It is one of the many optional add on’s we provide for your car or van policy. If you make a claim on your policy your No Claims Bonus could be. A no-claims bonus – also known as a no-claims discount – is a percentage discount that your insurer shaves off your insurance premium to reward you for not having made a car insurance claim in the previous year. No Claims Bonus Discount. Claim-free years are the years you have gone without claiming on your previous car insurance. If. You can check your NCD rate online instantly for free. Depending on your claims and insurance history, you could get a No Claim Bonus of between 0% and 20% 1. 125 if you only. New Car Insurance Discount for 2023. This is a one-time transfer and is non reversible. From the cancellation letter you receive when you switch to a new provider. 55%. You’ll get a check for 2. Rating 1 for life is generally offered once you have rating 1 for about 3 years. The no-claim bonus acts as recognition from insurance providers for being a low-risk driver. A no-claim bonus, also known as a no-claim discount (NCD), is a significant feature of car insurance policies in Australia. No Claim Discount or more commonly known as NCD is not foreign to car owners. This discount can be anywhere up to 60% in the first year. Find the best auto insurance companies with our expert evaluation of rates, coverage features, complaints, collision claims grades, and website usability. The amount of money varies for each insurer, but the more consecutive years you go without making a claim, the less of a risk you are to the. One year NCB can result in around a 7% discount growing to 40% when you reach 9 years. UK insurance companies call this system a No Claims Discount (NCD) or a No Claims Bonus (NCB). What is no claims bonus 60%? A no claim bonus (also called a no claims discount, safe driver reward, no claim bonus rating scheme, or rating level) typically gives you a discount on your car insurance. ) and the "Bonus/Malus Systems" (continental Europe) refer to methods used to determine premium reductions or loadings on individual private passenger automobile policies based on the claims experience of the individual insured. Visit MyCarInfo. No-claims bonuses are available in other countries, including the United Kingdom and India, but they are not common in the U. The maximum discount awarded for having full NCB (5 years+) could be up to a 75% discount. A discount ranging from 20-50 percent on. No Claims Bonuses: Now you know! In summary, a No Claims Bonus is a reward feature that recognises safe driving – it gives you a discount on your insurance. Availability. 2) the number of years you have held your driver's licence without making a claim. Whereas for motorcycles and. It’s also called a no claims discount (NCD). You make an at fault claim that year.