RateCity.com.au
Advertisement

No Claim Bonus


RateCity Staff

By RateCity Staff

1 min read

No claim bonus is the amount of discount applied to your car insurance premium to reward you for not making any claims and for being a good driver. The amount of discount increases each year until the maximum no claim bonus has been reached, assuming that you make no at fault claims.

 

Most car insurance companies also offer protection for your no claim bonus which allows you to make a claim without it affecting your no claim bonus. Speak to your car insurer for more details or visit our car insurance quote page to see how your no claim bonus can make a difference to your premium.

 

Advertisement
Advertisement
Compare your product with the big 4 banks, or add more products to compare