What do the initials NCB mean?
The letters NCB, when in relation to insurance, stand for No Claims Bonus An NCB effectively means the discount that a policyholder has earned on an insurance policy by not making a claim. These discounts are established by the number of years that a claim has not been made for. < Back What is protected NCB? You usually are allowed to pay an extra premium to an insurance company so that the 'built up' NCB does not get lowered or taken away completely in the event of a claim being made where the incident was all or partly the policyholders fault. < Back If I make a claim do I lose all of my NCB? If you have a single accident within the period of a year, you will usually lose the year NCB you are at that time accruing and generally 2 more years worth. < Back If I have been a named driver on someone else's car insurance, do I qualify for an NCB? In most cases, no, but we have some car insurance schemes available which use your driving experience as a guide to help lower the premium that y
