How long no-claims bonus stays valid for car insurance in Australia and UK, no-claims bonus, also called no-claims discount NCD, stays valid for 2 years without insurance in Australia and UK, with some insurers allowing 3 years, after which you lose discount 20% to 60% saving $160 to $900 per year on comprehensive $800 to $1,500 per year. No-claims bonus, or no-claims discount, is discount 20% to 60% for claim-free years, with 1 year claim-free 20% discount $160 saving on $800 premium, 2 years 30% $240, 3 years 40% $320, 5 years 50% $400, 6+ years 60% $480 saving, with maximum 60% to 70% after 5 to 6 years claim-free. For example, comprehensive $1,000 per year, 5 years no claims 50% discount = $500 premium saving $500 per year. No-claims bonus stays valid if you continue insurance without claims, and if you have break in insurance without cover, bonus stays valid for 2 years without insurance in Australia and UK, with some insurers like NRMA, Allianz, Budget Direct allowing 2 years, and some UK insurers allowing 3 years, after which bonus expires and you lose discount, so if you have 5 years no claims 50% discount and you do not have insurance for 3 years, you lose 50% discount and start at 0% paying $1,000 instead of $500. So no-claims bonus stays valid for 2 years without insurance in Australia and UK, with some allowing 3 years, after which you lose discount 20% to 60%, so you need to maintain continuous insurance to keep 50% to 60% discount $400 to $900 saving per year.
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