With a standard provider; yes! You do need a separate no-claims bonus for each vehicle. So if you buy a new Range Rover, you may have to pay a lot more if you don’t have any no claims bonus to allocate to it. However, high net worth motor policies are different. The policies are looked at by an underwriter, not a computer, so if you’ve not made any claims, then the underwriter will allocate you a discount for each vehicle you own.