Expose Rating, no claim bonuses and no claim discounts
Rating, no claim bonuses and no claim discounts Technical Terms
Rating, no claim bonuses and no claim discounts: (usually associated with motor vehicle insurance) - A discount off your car insurance premium. The discount increases each year providing no claim that reduces your rating/discount is made on your policy. It keeps on increasing until it reaches the maximum discount level, called 'rating one' or 'maximum no claim bonus'.