What is a Protected No Claim Bonus?
You can opt to include Protected No Claim Bonus with your Allianz car insurance policy. This benefit allows you to have one unlimited third party or accidental damage claim in any 3 year renewal period, without having an impact on the No Claim Bonus you have earned. This means if you have an accident and you claim on your policy it will not affect your No Claim Bonus.
However, if you make a second claim in the same three year renewal period, your No Claim Bonus will be stepped back by 3 years. In the event of a third or subsequent claim in the same consecutive three year renewal period your No Claim Bonus will be reduced to Nil.
Please refer to table below:
|Years of NCB at your last renewal date||Years of NCB at next renewal date if you had:|
|A. No Claim in the current PeriodofInsurance||B. Any Claim in the current Period of Insurance|
|Which is the only claim in the last three year period||Which is the second claim in the last three year period||IWhich is the third claim or subsequent claim in the last three year period|
|5 or more||5 or more||5 or more||2||Nil|
Any claim payment for windscreen breakage, fire damage or theft will be paid without an impact on Your No Claim Bonus earned
- What is a No Claim Bonus?
- What is Step-back No Claim Bonus Protection?
- How long is my No Claim Bonus valid for?
- How many car policies can I use my No Claim Bonus for?