No Claims Discount
This is a discount offered by some, not all, insurers that recognises the fact that a policy has been claim free. The discount given can vary from insurer to insurer. It is normal for a claim free period to be recognised (subject to written confirmation) and a discount given, even if the last insurer themselves gave no discount. All the insurers used by us give and allow no claim bonus under their Landlord’s policies. It should be noted that in the event of a claim subsequently being made the discount will be reduced in accordance to the scale applicable at the time.