Each time you renew your automobile insurance coverage coverage, you’re eligible for a ‘no-claim bonus’ (NCB), which instantly interprets into low cost on renewal premium. You earn this bonus provided that you don’t file any claims throughout the 12 months. That is relevant solely on renewal of your coverage’s personal harm cowl, not the third-party legal responsibility cowl. The reward is supposed for the automobile’s proprietor, not the automobile, and due to this fact, you get to retain the NCB even whenever you purchase one other automobile or swap insurers. The grid for automobile insurance coverage NCB is identical throughout normal insurers.