What Is Proof Of No Claims?

How does no claims discount work?

A no-claims bonus – also known as a no-claims discount – is a percentage discount your insurer shaves off your insurance premium to reward you for not having made a car insurance claim in the previous year.

For each consecutive year that you don’t make any claims, the discount increases..

How do I get my no claims proof from AXA?

I want to get my no claims discount letter from AXA, how can I request this? You can also access it on your MyAXA account or fill in a document request form. If you need more help, you can contact us on 02890 020104 or drop into one of our branches to request this document.

Can’t remember how many years no claims?

Proof of no claims is usually only valid for two years, which means if you’re off the road for any reason or don’t have your own policy for more than two years, you’ll be back to zero NCD the next time you take out cover.

Can you lie about your no claims bonus?

Lying or withholding facts It may sound worth the risk but it rarely is. If you make a claim and the insurer finds out you’ve withheld information – or told a downright lie- your claim is likely to be turned down. Worse still, you could be prosecuted for fraud.

Can you fake no claims discount?

There are fraudulent companies and even individuals that will sell fake no claims bonus certificates or letters. In some cases, these may even be legitimate letters or certificates signed by a legitimate agent who was paid to sign them or they can also be forged.

Do I lose all my no claims after an accident?

Even if you do have to claim for an accident that was your fault, you could still keep some of your NCB. If you make one claim during your insurance period, you’ll lose two years of the Bonus. So, if you have five or more years NCB, it will reduce to three years at renewal.

Can 2 people insure the same car?

Don’t worry – you can legally have more than one car insurance policy for the same car – there’s nothing to stop you doing it. And if you take out a second car insurance policy when you already have one, it won’t mean the first policy is void.

Is it worth paying for no claims discount protection?

According to research by MoneySupermarket, by not protecting your no claims discount (NCD) – or no claims bonus – your premium could rise by 30 per cent if you make a claim. However, protecting a five-year NCD adds £23 on average to annual premiums. So if you stay claim-free, you’ll end up out of pocket.

Do insurance companies check no claims bonus?

Do insurance companies check up on your No Claims Bonus? Increasingly, insurers and brokers are sharing NCD and Claims data in central databases.

Do you need to provide proof of no claims?

If you’ve switched to a new provider and stated your no claims bonus (NCB) when you were quoted, you’ll need to give proof of the NCB – typically within seven to 21 days. If you can’t provide it by then, your insurance may be cancelled or your premium could go up.

How do I get NCD proof from Admiral?

Your No Claims Bonus proof can be found in your renewal pack, you’ll find it on the page titled ‘Motor Renewal Confirmation (Proof of No Claims Bonus)’. If you are an online customer you can view this document by signing in or registering to your account.

How can I prove my no claims discount?

There are three main forms of proof:The renewal invite from your current or previous insurer will state the number of years you’ve enjoyed a no claims bonus.A cancellation letter from your previous insurer, as long as it states your no claim bonus.A letter from your previous insurer confirming your no claims bonus.

Do all insurers ask for proof of no claims?

Do insurance companies ask for proof of no-claims? Yes. When switching insurance providers, most will request that you provide proof of your no-claims bonus when getting a quote.