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What is a No Claim Discount (NCD) and how does it affect car insurance premiums?

April 26, 2017affect Car Insurance claim discount NCD premiums

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What is a No Claim Discount (NCD) and how does it affect car insurance premiums?

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It is a discount on your car insurance premium. Your No Claim Discount is calculated on your years of driving experience and your claims record. It means as you gain more years of claim free driving experience you receive a discount from the full priced premium until it reaches a maximum discount (also known as Rating 1). This is because we believe you are less likely to make a claim than a less experienced driver.