Your selected question and answer
Question:
What is a No Claims Discount?
Answer:
This policy has a no claims discount. This means that if there are no claims paid on the policy in any year, the following year you will move up the NCD scale. You can move up to a maximum of 55% on the NCD scale. If you should claim then you will move down the NCD scale.The no claims discount can make a big difference to the amount of premium you are asked to pay. The no claims discount level and any further special discount to which you are entitled are detailed on the policyholder's membership statement.
