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What is the difference between a Rating 1, No Claim Discount and No Claim Bonus?

April 26, 2017Bonus claim discount rating

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What is the difference between a Rating 1, No Claim Discount and No Claim Bonus?

2 Answers

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They are different terms for a scale that insurers use to rank your driving history and risk. Rating 1, NCD and NCB, all refer to a discount that is applied to the full premium. They are different terms for a scale that insurers use to rank your driving history and risk. Rating 1, NCD and NCB, all refer to a discount that is applied to the full premium.

0

Posted

They are different terms for a scale that insurers use to rank your driving history and risk. Rating 1, NCD and NCB, all refer to a discount that is applied to the full premium.