No Claims Bonus (NCB) changes from November/December 2026

This change only applies to Stylecover, Mike Pero and Insurance People comprehensive motor vehicle policies.

Vero Insurance New Zealand Limited (Vero) is removing No Claims Bonus (NCB) discount levels from comprehensive motor vehicle policies. Premiums will instead be calculated as if the maximum NCB discount (Grade 1) applies.

You’ll be advised when the NCB will be removed from your policy.