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Making pricing clearer and more consistent.
We’re simplifying our insurance pricing to make premiums easier to understand and manage, giving you more confidence when making a claim.
From 1 July 2026, we'll be shifting to a clearer premium structure which means the No Claims Bonus (including Secured No Claims Bonus), Multi-Product Discount and Gold Shield Discounts will no longer be applied for all new policies and at renewal for existing policies.
Your premium will not increase because of this change and you'll receive a reminder a few weeks before your policy renewal when this change will kick in.
This change is only to how we calculate your premium, not what your policy covers. Everything you're protected against stays the same.
Removing these discounts will not push your premium up. Your renewal amount reflects your individual policy details and market changes.
No-one should feel reluctant to make a claim because they’re worried about losing a discount. Removing the No Claims Bonus supports you if you need to claim.
Your premium will be calculated based on your policy and circumstances. It's a simpler and standardised way to make sure your cover fits you.
From 1 July 2026, the No Claims Bonus (including Secured No Claims Bonus), Multi-Product and Gold Shield Discount will no longer apply to new policies and will be removed at Members’ next renewal.
This means these discounts will no longer form part of how premiums are calculated.
Your cover will not change as a result of this update.
No. Your premium will not increase because we're removing these discounts. In some cases, premiums may reduce under the updated pricing approach.
Insurance premiums are recalculated each year and are influenced by several factors such as your individual risk profile and policy details. Discounts have only ever been one part of the overall pricing calculation.
We're simplifying our pricing approach by removing the No Claims Bonus, Multi-Product and Gold Shield Discounts.
There are several factors involved in the No Claims Bonus, Multi-Product and Gold Shield Discounts, and we have not always managed to apply them consistently. Our focus moving forward is to deliver value and competitive pricing tailored to individual Member needs.
This will help us:
This is part of MAS’s wider focus on pricing and product simplification.
No. Your cover and benefits are not affected by this change.
The change only affects how premiums are calculated, not what your policy covers.
From 1 July the No Claims Bonus discounts will be removed, and the adjustment will be reflected in the base rates. You can continue to make claims confidently, your premium won't be affected by your claims history under this new current pricing.
Yes. Many Members choose to hold multiple policies with us, and that will not change.
However, premiums will no longer include a Multi-Product or Gold Shield Discount. Instead, each policy will receive the best price up front.
Having all of your insurance with us will mean you have one point of contact, and in the event of a claim there is one excess per event.
We’ve simplified our pricing, so each policy stands on its own and reflects the cost of insuring that risk.
This means removing the No Claims Bonus, Multi-Product and Gold Shield Discounts, which added complexity and room for error. Your cover and service remain unchanged. This change will ensure our pricing is clear and sustainable for all Members.
The change takes effect from 1 July 2026 for new policies and renewals. You will receive a reminder a few weeks before your policy renewal confirming the change.
Insurance premiums are reviewed each year and may change based on factors such as:
Discounts have only ever been one component of the overall pricing calculation.
Yes, many insurers across the market have already removed Multi-Product and no claims discounts as part of broader efforts to simplify pricing and improve transparency.
No, premiums may change for normal annual renewal reasons but not because of this change.
This change is part of our wider transformation to modernise our systems and ensure premium pricing is simplified for Members.
If you have questions about this change or your policy, we’re here to help. You can call us on 0800 800 627 (select option 3) or fill out the contact form. Our Member Support Centre is available to assist you Monday to Friday 8:00am to 5:30pm.
Have any questions?