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No claim bonus protection meaning





By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about products from wsop 2007 multiple financial institutions.
In the event of a third Bonus Reducing Claim within that 12 months, you would lose freeBmax and your No Claim Bonus would be reduced at your next renewal.Once your policy meets these conditions it will automatically qualify for freeBmax.Usually, the max number of years that you can receive a no claims bonus for is 6 years.Share this post: Back to Blog.It is also worth noting, that despite having a no claims protection in place, some insurance policies will still take the number of accidents you have been in into account.Does freeBmax cost me any extra premium?Can I get freeBmax if I have more than one vehicle?Therefore, whether you have 8 or 15 years of no claims, the bonus that you receive will be the same.The great thing about freeBmax is it applies to the policy, not the person.We can assist you by advising you on whether the claim is worthwhile, taking into account the No Claim Bonus loss and excess in relation to the costs of the claim.Theres nothing you need.No Claim Bonus (NCB) and NCB Protection Cover.See our terms of use for further details.NCB stands for No-Claims Bonus.If I take out another Private Vehicle or Vintage Classic Car policy, will that policy have freeBmax as well?We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product.
To be eligible for freeBmax, a policy must meet all of the following conditions: Be an AMI Private Vehicle policy, (Comprehensive, Third Party Fire Theft or Third Party only) or AMI Vintage Classic Car policy.
This means you can have maximum No Claim Bonus protection on more than one vehicle, as long as each policy qualifies for freeBmax.



Transferring No Claim Bonus from company to self.
Can You Keep Your Bonus If You Are Off the Road for a while?
Yes, if I lodge a third Bonus Reducing Claim, I will lose freeBmax.

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