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Can I make a No Claim Bonus?

A No Claim Bonus is offered by an insurer to a holder of a policy as a way of discount in the event of the holder not making any claims for car insurances. This privilege is given to customers for being cautious enough with their vehicle to earn this benefit which ranges from 15% to 60%. Thus the insurance for the car i.e. the premium reduces year after year if the policy holder has not made any claims. Even one accident could bring the no claims bonus by 2 years. Thus a No Claim Bonus is available depending upon the status of the policy holder regarding his claims.

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