You have spent a long time – maybe even years trying to earn up it up. It’s valuable to you and helps save you money. So you really don’t want to lose it.
Whether you know it as your No Claims Bonus (NCB) or No Claims Discount (NCD), the discount you get on your car insurance as a result of not having any claims is an important way of giving you cheap car insurance.
AXA offers no claims discount of up to 75% off its insurance rates, something to consider if you are shopping around.
In 1970 Joni Mitchell released the song ‘Big Yellow Taxi’ where she sang the iconic words: “You don’t know what you got til it’s gone”. Words which can just as easily describe your annoyance if you lose your no claims bonus following an accident.
Luckily, with AXA there are some claims you can make which will NOT affect your no claims discount:. Your NCD is not affected if:
- You have a Fire or Theft claim*
- You have a Glass breakage claim
- AXA makes payments for emergency treatment the law says we must pay;
- AXA makes payments (together with associated costs and expenses) which we later get back in full
- AXA makes payments for personal belongings or replacement locks.
AXA offers you a ‘step back’ facility – so if you have an accident where only your car is damaged your no claims discount is only stepped back one step on their scale, for example from 75% to 60% no-claims discount.
Even in the event of someone else makes a claim against you (a third party claim), you will only lose part of your discount you have 3 or more years claim free.
You can also decide to pay a little extra to protect your no-claims discount with AXA. Our No-Claims Bonus Protection allows you to make one claim without having any effect on your no-claim discount.
Once you make a claim, your Bonus Protection does not operate for any further claims and you will not qualify for this additional protection for at least three years. If you make a second claim, that claim will affect your no-claims discount.
Although you can protect your no-claim discount, your premium may increase if:
- you make unreasonably large or excessive claims;
- you receive motoring convictions; or
- we decide it is necessary for any other reason
Unique from AXA – A LIFETIME no claims discount! - AXA is the only insurer in Ireland with this amazing cover. AXA automatically give this cover for free to loyal AXA Insurance customers who have had a maximum no claims discount with AXA for 10 years or more, you cannot buy or apply for this cover.
This cover means that AXA will not reduce your no-claim discount no matter how many future claims you have or what type of claim they are. This is unique to AXA and is another great example of how AXA are Redefining / Standards when it comes to car insurance.
(* AXA’s no claims discount works differently on Studentfirst policies – with Studentfirst fire or theft claims affect the level of discount given at renewal and our stepback scale works differently)
Brought to you by AXA Car Insurance Ireland