At Tradesman Saver, we offer a No Claims Discount (NCD) or ‘No Claims Bonus’ to reward customers who have held active public liability insurance policies with us and not made any claims.
If you operate claims-free during your policy period, your premiums at renewal will be discounted to reflect your positive claims history.
How Tradesman Saver’s No Claims Discount Works
Here are the key details about our No Claims Discount program:
- The NCD lowers premiums at policy renewal if no claims were filed during the previous active policy term.
- The NCD applies after the first year. Your first policy is ineligible for the discount.
- Each consecutive claims-free year increases your NCD percentage discount for the next renewal.
- Discounts range from 5% after 1 claims-free year up to 25% after 5+ years with no claims filed.
- Any claims made during a policy term will reset your NCD back to 0% for the next renewal.
Discounts with Tradesman Saver No Claims Discounts
Offering substantial discounts for loyal, claims-free customers is one of our most valued company policies. It allows us to recognise your good risk management.
The NCD helps keep your insurance affordable while you operate a low-risk business.
Contact us today to ensure you utilise all available No Claims Discounts when you renew your trade insurance policy.
