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Building up a No Claims Bonus or discount is the best way
to bring down your insurance premium. Gradually, the size
of your discount grows each year up to the maximum level set
by your insurer. Sometimes it can take as long as nine years
to build up the maximum no claims discount, which may or may
not include a certain degree of protection for your discount
against claims of a certain nature.
Whenever a claim is made under a motorbike policy, the discount
will always be affected unless your insurance company can
recover its costs from another party. Without no claims bonus
protection, the discount is usually reduced by two steps after
a claim.
If your insurer can make a full recovery or is only stopped
from doing so by a knock-for-knock agreement, your no claim
discount may not be affected. Similarly, if you recover all
your uninsured losses (such as accidental damage excess) then
your discount may not be affected.
Sometimes your no claim discount will be reduced at policy
renewal time if a claim is expected to come in, or is still
waiting to be settled. The discount may be reinstated if your
insurer subsequently doesn't have to pay out under the policy
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