You asked: Can I protect my no claims bonus after 2 years?

Can you protect 2 years no claims bonus?

Can I protect my no claims bonus? Yes, by paying a fee on top of the cost of your car insurance. … Some insurance providers allow you to make two claims in a year without it affecting your discount. But other insurance providers may significantly cut your NCD if you claim twice.

Do you lose your NCB after 2 years?

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.

How many years before I can protect my no claims bonus?

Proof of no claims is usually valid for two years. This means if you haven’t had car insurance for a while, perhaps because you sold your vehicle, your no claims discount will expire after those two years and you’ll need to build up a new discount from scratch when you next take out a policy.

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Is it worth protecting 1 year no claims?

The opportunity to protect that reduction might initially seem like a no-brainer. By protecting your no claims discount, you’ll be locking in that discount. You’ll continue to pay less on your premium even if you have an accident. You might still lose your discount if you have a number of accidents in one year though.

Can I protect my no claims after 3 years?

You can pay to guarantee or protect your NCB. ‘Guaranteed’ means a claim won’t reduce your bonus but you won’t get extra discount that insurance period. ‘Protected‘ allows two claims in three years before the bonus is reduced, and, again, you won’t get any discount in that period.

Can you lie about no claims bonus?

Lying about who’s the main driver

Not only is it illegal, it also means you’re not earning your No Claims Discount, which can represent HUGE savings in the long run. You want to start working on that as soon as possible, not delay it a whole year to save a bit short-term.

What happens if you use no claims bonus on 2 cars?

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.

Will I lose my no claims bonus if I cancel my insurance?

You will also lose your no claims discount (NCD) for that year if you cancel your car insurance policy early. Any previous years NCD will remain.

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Can I split my no claims between 2 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.

Is 9 years the maximum no claims bonus?

If you change insurer and you have a claim, your insurer may decide to “step-back” your no-claims bonus. This means they will reduce your no-claims bonus by a set amount of years. For example, you may have had 9 years no-claims, but your new insurer’s maximum is 4 years.