Named driver - A driver specified on an insurance policy
who is not the vehicle's owner. Named additional drivers are a cheaper
option than any driver insurance.
No claims bonus - A no claims bonus (or NCB) is the discount
that you have earned on a previous insurance policy. Insurers give
discounts determined by the number of years that you have not had
claims. The No Claims Bonus must be earned separately on each policy
or on each car.
Non-cancellable - A contract that the insured has the right
to continue in force so longs as premiums are paid. The insurer
cannot make changes to or revoke the insurance during this time.
Non-fault claim - A non-fault claim is a claim where the
insurance company is able to recover all the costs from another
party.
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