What about the claim-free years in old-timer insurance?

You have insured your vintage car for some time now. Fortunately, you have never had to use your insurance. You are an experienced driver and the old-timer is in storage for the greater part of the year anyway. Because you have never driven damage, you have built up so-called damage free years.

But what does accruing claim-free years mean? And how do claim-free years affect your vintage car insurance? In this blog, Alpina explains what claim-free years mean for you.

What are claim-free years?

Claim-free years are the years in which you have taken out a car insurance and in which no damage has been claimed which influences the accumulated claim-free years. On the basis of your claim-free years, you receive a discount on the premium of your car insurance. This is also called the no-claim discount. You do not make any claims on your insurance.

With most insurers, your no-claim discount starts from the first claim-free year you have. Each year that you have not claimed any damage, a discount percentage is added. After the first year you can get 25% discount and after the second year 35%. These percentages increase until you reach the maximum discount after a certain number of years.