No-Claims Discount

A No-Claims Discount (NCD) is a reduction in your insurance premium awarded for not making any claims on your policy over a specific period, typically a year. It rewards you for cautious driving, helping you save money on your insurance costs. The longer you go without claims, the higher your discount can grow, which may lead to significantly lower premiums when you renew. However, if you do make a claim, your discount might be reduced or removed, reflecting your increased risk to the insurer. It encourages safe driving by offering financial benefits for careful conduct.