Van Insurance No Claim Discount

No Claims Bonus is a term used to describe the number of years you have had Van Insurance without making a claim.

If you have had Van Insurance for 4 years and you have not made a claim in that time, then you will have 4 years No Claims Bonus.

No Claim Bonus is probably the single biggest factor affecting the cost of your Van Insurance premium.

Every year that goes by without you making a claim is another year of No Claims Bonus. Generally speaking, the more No Claims Bonus years you have, the cheaper your van premium will be to insure your van.

Van Insurance companies will be able to see that your history regarding making any claims is a good one. When switching van insurance provider, Van Insurance companies will usually ask you to prove your No Claims Bonus by sending them your renewal notice or a letter from your current Van Insurance company.

If you have several years of No Claims Bonus but then make a claim, the Van Insurance company will usually apply it's own rules of how much to reduce your No Claims Bonus Years by. Most insurance companies offer to protect your No Claims Bonus for an extra fee.