How much 10 year no claims bonus worth in Australia and UK, 10 year no claims bonus worth same as 5 to 6 year maximum 60% to 70% discount saving $480 to $1,050 per year on comprehensive $800 to $1,500 per year base premium $1,000, as most insurers cap no claims bonus at 5 to 6 years 60% to 70% max, so 10 years no claims same as 5 years 60% discount $400 premium saving $600 per year, not higher than 5 years. No-claims bonus builds with claim-free years, 1 year 20% to 30%, 2 years 30% to 40%, 3 years 40% to 50%, 5 years 50% to 60%, 6+ years 60% to 70% maximum, with most Australian insurers like NRMA, Allianz, Budget Direct, Youi capping at 60% after 5 to 6 years, UK insurers like Aviva, Direct Line capping at 70% after 6+ years, so 10 years no claims still 60% to 70% max, not 80% to 90%, worth $480 to $1,050 saving per year. For example, comprehensive base premium $1,000 per year for $20K car with 0 years no claims, with 5 years no claims 60% discount = $400 premium saving $600 per year, with 10 years no claims also 60% discount = $400 premium saving $600 per year, same as 5 years, not higher. So 10 year no claims bonus worth 60% to 70% discount saving $480 to $1,050 per year on comprehensive $800 to $1,500, same as 5 to 6 year maximum, with some insurers offering extra loyalty discount 5% to 10% for 10 years claim-free $50 to $100 extra saving, but standard NCD max 60% to 70% after 5 to 6 years, so 10 years bonus worth $400 to $600 premium versus $1,000 without bonus, saving $600 to $700 per year, with protected no claims add-on $50 to $100 per year extra to protect 60% to 70% max bonus allowing 1 to 2 claims in 3 years.
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