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Mutual Bonus

Your loyalty recognised

Our way of saying thank you

We run our business in the long term interest of our members and because we're a mutual company we share our financial success with our members. This is what sets us apart from many other insurers in the UK.

When you renew a General Insurance policy with us, we currently provide a Mutual Bonus discount, which gives you money off your premium. It’s a very important way of showing our appreciation to our loyal customers.

Last year we increased the Mutual Bonus rate by 10 percentage points, and this year approximately 900,000 general insurance customers with farms, businesses, homes and cars insured with us will receive the same rate of discount again. 

In short, it’s how we say thank you – not only for choosing us, but for staying with us.

Mutual Bonus at a glance

  • Money off your General Insurance policy when you renew with us
  • 13.5% discount off your first year renewal
  • Renew for a fifth year or more and benefit from the maximum discount of 18.5%

What level of discount have customers received in the past?

Renewal Year (July to June)

1st year of renewal

2nd year of renewal

3rd year of renewal

4th year of renewal

5th year  of renewal

Mutual Bonus Rate 2016/17

3.5%

4.5%

4.5%

5.5%

8.5%

Mutual Bonus Rate 2017/18

13.5%

14.5%

14.5%

15.5%

18.5%

Mutual Bonus Rate 2018/19

13.5%

14.5%

14.5%

15.5%

18.5%