NCD: What does it mean?

A (NCD), also known as a no claims bonus (NCB) is the discount you’ll receive on your premium if you don’t make a claim. The discount is calculated every year when you renew. The policy has to run for a full year before you can earn that year’s discount.

NCD: The long answer

In the UK, a no-claims discount (NCD) is a term used to describe a discount on car insurance premiums that is offered to drivers who have not made any claims on their policy for a certain period of time.

The NCD is essentially a reward for safe driving and responsible behaviour on the roads.

The longer you go without making a claim, the higher your NCD becomes, and the greater the discount you can enjoy on your insurance premiums.

This discount can significantly reduce the cost of your car insurance and is a valuable benefit for UK drivers who maintain a good driving record.