No claims car insurance
Did somebody say: No claims bonus? Not sure how that applies to your car insurance? Here’s the what it means in a nutshell:
You didn’t make a claim this year on your car insurance policy, so you’re entitled to a premium discount.
For every year you don’t make a claim, the more your discount increases, and the less premium you pay. Think of a no claims bonus (NCB) as a reward for being a safe driver.
Want to learn more about no claims bonuses and other features? Read Mozo’s Car insurance features and benefits here.
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Gold Comprehensive Car Insurance
Get award winning Car Insurance. Save 15% ^ on your first year’s premium when you purchase a new policy online. Budget Direct offers tailor-made cover, new-for-old replacement, 24/7 claims, a highly-rated claims service, and get a hire car following a theft.
- Monthly premiums
- Yes Costs Extra
- Choice of repairer
- Optional Extra
- Choice of excess
- $500 - $1,850
- Agreed or market value
- Agreed Or Market
Available discounts
- Online Discount Up To 15%
Gold Comprehensive Car Insurance
Get award winning Car Insurance. Save 15% ^ on your first year’s premium when you purchase a new policy online. Budget Direct offers tailor-made cover, new-for-old replacement, 24/7 claims, a highly-rated claims service, and get a hire car following a theft.
- New car if written off
- Yes - within 2 years or 40,000 kilometres of original registration, whichever comes first
- Rental car after theft
- Yes - Up to 14 days, max $1,000 total.
- Rental car after accident
- Not at fault - Yes. At fault - Optional Extra. Up to 14 days for at fault accidents.
- Windscreen cover
- Yes - standard excess. Option to reduce windscreen excess to $40 on every windscreen claim for an additional premium.
- Modifications
- Covered only if agreed in writing.
- Young driver excess imposed
- $600 for drivers under 21, $500 for drivers under 24, $600 for unlisted drivers, $500 for inexperienced drivers over 24.
- Roadside assistance
- Optional Extra
- Other benefits
- -
- Other restrictions
- -
Read our Mozo Review to learn more about Budget Direct Gold Comprehensive Car Insurance
Comprehensive Car Insurance
Get on the road with car insurance you can depend on. Now with up to 30,000 Qantas Points when you join by 2 May (points awarded will be based on your premium). T&Cs & eligibility apply.
- Monthly premiums
- Yes Costs Extra
- Choice of repairer
- Optional Extra
- Choice of excess
- $400 - $1,850 (varies By State)
- Agreed or market value
- Agreed Or Market
Available discounts
- No Claim Discount
Comprehensive Car Insurance
Get on the road with car insurance you can depend on. Now with up to 30,000 Qantas Points when you join by 2 May (points awarded will be based on your premium). T&Cs & eligibility apply.
- New car if written off
- Yes - within 2 years and 40,000 km of original registration
- Rental car after theft
- Yes - Up to 14 days, max $1,000
- Rental car after accident
- Not at fault - Yes. At fault - Optional Extra. Up to 14 days.
- Windscreen cover
- Yes - standard excess. Option to reduce windscreen excess to $40 for an additional premium.
- Modifications
- Covered only if agreed in writing.
- Young driver excess imposed
- $600 for drivers under 21, $500 for drivers aged 21 to 24 inclusive, $600 for unlisted drivers, $500 for inexperienced drivers.
- Roadside assistance
- Optional Extra
- Other benefits
- Earn up to 30,000 Qantas Points when you sign up by 2 May 2021. Points earned depend on the amount spent on your premium. Points earn thresholds and T&Cs apply.
- Other restrictions
- -
Read our Mozo Review to learn more about Qantas Comprehensive Car Insurance
Comprehensive Car Insurance
Flexible, great value comprehensive car insurance for every-day Australians. Option-up your cover to suit your needs. And our $75 online discount makes the choice even easier. Winner of Mozo's Exceptional Value Car Insurance 2020.
- Monthly premiums
- Yes Costs Extra
- Choice of repairer
- Optional Extra
- Choice of excess
- $300 - $2,550
- Agreed or market value
- Agreed Or Market
Available discounts
- Online Discount $75
Comprehensive Car Insurance
Flexible, great value comprehensive car insurance for every-day Australians. Option-up your cover to suit your needs. And our $75 online discount makes the choice even easier. Winner of Mozo's Exceptional Value Car Insurance 2020.
- New car if written off
- Yes - within 3 years and 60,000 km of original registration
- Rental car after theft
- Yes - Up to 14 days.
- Rental car after accident
- Not at fault - yes. At fault - Optional Extra. Up to 14 days.
- Windscreen cover
- Yes - standard excess ($0 excess for repair only). Option to reduce windscreen replacement excess to $0 for an additional premium.
- Modifications
- Automatically covered.
- Young driver excess imposed
- $600 for listed drivers under 25, $1,600 for unlisted drivers under 25.
- Roadside assistance
- No
- Other benefits
- -
- Other restrictions
- -
Read our Mozo Review to learn more about QBE Comprehensive Car Insurance
Comprehensive Car Insurance
Stella are changing the tune on car insurance, offering car insurance made especially for women. Features include no claim reward, new car replacement, customise your policy and more. Enter your car rego and get a quick quote online.
- Monthly premiums
- Yes Costs Extra
- Choice of repairer
- No
- Choice of excess
- $800 - $2,000
- Agreed or market value
- Agreed
Available discounts
- No Claim Discount
Comprehensive Car Insurance
Stella are changing the tune on car insurance, offering car insurance made especially for women. Features include no claim reward, new car replacement, customise your policy and more. Enter your car rego and get a quick quote online.
- New car if written off
- Yes - within 3 years and 60,000 km of original registration
- Rental car after theft
- Yes - Up to 14 days.
- Rental car after accident
- Not at fault - yes. At fault - Optional Extra. Up to 14 days.
- Windscreen cover
- Yes - standard excess. Option to reduce windscreen excess to $0 on every windscreen claim for an additional premium.
- Modifications
- Covered only if agreed in writing.
- Young driver excess imposed
- $600 for listed drivers under 25. $1,600 for unlisted drivers under 25
- Roadside assistance
- Optional Extra
- Other benefits
- -
- Other restrictions
- -
Read our Mozo Review to learn more about Stella Comprehensive Car Insurance
Comprehensive Car Insurance Policy
Bingle keeps car insurance simple - choose between Comprehensive and Third Party Car Insurance. Comprehensive covers you for accidental loss or damage to your own car caused by insured events such as accidents, theft, storms, fire.
- Monthly premiums
- Yes Costs Extra
- Choice of repairer
- No
- Choice of excess
- $650 - $2,200; Varies Between States
- Agreed or market value
- Market
Available discounts
Comprehensive Car Insurance Policy
Bingle keeps car insurance simple - choose between Comprehensive and Third Party Car Insurance. Comprehensive covers you for accidental loss or damage to your own car caused by insured events such as accidents, theft, storms, fire.
- New car if written off
- Optional Extra - within 3 years of original manufacture
- Rental car after theft
- Optional Extra - Unlimited days.
- Rental car after accident
- Not at fault - Optional Extra. At fault - Optional Extra. Unlimited days.
- Windscreen cover
- Optional - reduce windscreen excess to $0 on every windscreen claim for an additional premium.
- Modifications
- Automatically covered. Does not include aftermarket paint, turbochargers, nitrogen fuel or roll cages.
- Young driver excess imposed
- $600 for drivers under 25, $1,950 for unlisted drivers over 25.
- Roadside assistance
- No
- Other benefits
- -
- Other restrictions
- -
Read our Mozo Review to learn more about Bingle Comprehensive Car Insurance Policy
How is my NCB discount calculated?
A no claim bonus can also be referred to as ‘no claim discount’ and ‘safe driver discount’. But how is it calculated? It’s usually dependant on the type of licence you hold, the history of your driving record and how many years you have not made a claim on your car insurance.
Below is a guide for full licence holders. Remember, this is a guide only and the discount and calculations will vary between insurance providers:
Years without claim | Average discount |
1 | 5% to 20% |
2 | 10% to 30% |
3 | 20% to 40% |
4 | 30% to 60% |
5+ | 65% |
Frequently asked questions about no claim bonuses
My no claim bonus is excellent. Can I protect it?
Some insurance companies will offer a feature at an additional cost that protects your no claim bonus. After working so hard at being an exceptional driver, you’d want to hold onto that discount!
But you need to ask what the exclusions are. You may be covered without paying excess if someone who isn’t insured hits your car or someone rear-ended your car at a shopping car park and didn’t leave a note with their details. But will you be covered if you’re at fault in an accident? That’s something you need to double check.
What will affect my no claim bonus?
Someone else caused a road accident:
Here’s one thing for certain - if you’re involved in an accident and not at fault, then your NCB remains intact and the other party’s insurance should cover damage costs. Even if the other party does not have the appropriate car insurance, your insurance provider can cover the damage on your behalf without affecting your NCB, but that’s something you’ll need to ask your provider about.
You caused an accident:
It all depends on how much damage is caused to your car and possibly the third party. If it's a minor repair, then perhaps your NCB discount will just be downgraded. If your car is deemed a write-off and your insurance company needs to pay it out or replace it, it’s likely your NCB will be reduced or eliminated. Not to worry, it won’t be long before you build up your NCB again. Remember: if your NCB reduces, it probably means that your premium will rise.
The fault is shared:
In the event of an accident where the fault is not blamed on any one particular party, then both insurance companies of each party are likely to share the cost. Will your NCB be affected in this instance? Probably, but it won’t wipe it out. It may reduce your discount but rest assured, your NCB something you can build up again over time.
What if my car gets stolen or damaged by poor weather?
Your insurance provider will likely be lenient with this kind of your misadventure. After all, it wasn’t your fault, right? What’s more, your NCB should remain intact.
As a young driver, how can I improve my NCB?
You may find that you may not be receiving the same level of NCB discount as your full licence holder friends and family. Young drivers are considered riskier, so you may need to wait a few years to prove to your car insurance company that you’re a safe driver and worthy of a discount.
So, what's the moral of the story? Avoid accidents by driving safely. That way you can grow your NCB and hold onto it for longer. Simple.
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