Do you lose no claims bonus after 2 years?

Do you lose no claims bonus after 2 years without insurance in Australia and UK, yes you may lose no claims bonus after 2 years without insurance, as most insurers allow no claims bonus to stay valid for 2 years without insurance, with some UK insurers allowing 3 years, after which bonus expires after 2 years and you lose discount 20% to 60% saving $160 to $900 per year on comprehensive $800 to $1,500 per year. No-claims bonus, also called no-claims discount NCD, is discount for claim-free years 20% for 1 year, 30% for 2 years, 40% for 3 years, 50% for 5 years, 60% for 6+ years, saving $160 to $900 per year, valid while you have continuous insurance, and if you have break in insurance, bonus valid for 2 years without insurance with most Australian insurers like NRMA, Allianz, Budget Direct, Youi and UK insurers, after 2 years bonus expires and you start at 0 years 0% discount. For example, you have 5 years no claims 50% discount $500 premium on $1,000 base, you have no insurance for 2 years, you can still use bonus within 2 years with proof renewal notice showing 5 years no claims, paying $500 for new car, but after 2 years and 1 month no insurance, bonus expires and you lose 50% discount, paying $1,000 instead of $500, losing $500 saving per year. In UK, some insurers like Aviva, Direct Line allow 3 years without insurance, so after 3 years bonus expires. So you lose no claims bonus after 2 years without insurance with most insurers, with some UK allowing 3 years, after which bonus expires and you start at 0% discount, losing $160 to $900 saving per year, so buy car within 2 years to keep bonus.