no claims bonus

noun

A discount awarded to a policyholder, pertaining to an insured vehicle, as an incentive for maintaining a driving history free from claims during a specified period.

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Meanings

nounno claims bonus (plural no claims bonuses)

plural no claims bonuses

  1. businessA discount awarded to a policyholder, pertaining to an insured vehicle, as an incentive for maintaining a driving history free from claims during a specified period.
Cite this entry
APA

no claims bonus. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/no%20claims%20bonus

MLA

“no claims bonus.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/no%20claims%20bonus. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “no claims bonus,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/no%20claims%20bonus.

Source: no claims bonus on Wiktionary, CC BY-SA 4.0.