CIN: U72900KA2018PTC110119

NCB, or No Claim Bonus, is a reward given by insurance companies to policyholders who do not make any claims during a policy year. It serves as an incentive for safe and responsible riding behavior and offers various benefits within the realm of two-wheeler insurance. Let’s delve into what NCB is and why it’s crucial for your two-wheeler insurance.

What is NCB?

No Claim Bonus (NCB) is a discount offered to policyholders by insurance providers as a reward for not filing any claims during the policy period. The bonus accumulates over consecutive claim-free years and can lead to significant savings on insurance premiums.

How Does NCB Work?

  1. Accumulation of Bonus: For each claim-free year, policyholders earn an NCB ranging from 20% to 50% on their own-damage premium.
  2. NCB Percentage: The NCB percentage increases with each claim-free year, providing higher discounts on renewal premiums.
  3. Transferability: NCB is transferable between insurance providers when switching policies or vehicles, ensuring continuity of benefits.
  4. Claim Impact: Making a claim during the policy year can result in losing the accrued NCB, leading to a higher premium at renewal.
  5. Validity Period: NCB remains valid for up to 90 days after policy expiration. Renewing within this period allows retention of accumulated bonus.

Importance of NCB in Two-Wheeler Insurance:

  1. Cost Savings: NCB offers substantial discounts on insurance premiums, leading to cost savings for policyholders.
  2. Reward for Safe Riding: It incentivizes safe and responsible riding behavior, encouraging riders to avoid unnecessary claims.
  3. Continuity of Benefits: Transferability ensures that policyholders retain their earned NCB even when changing insurance providers or vehicles.
  4. Long-Term Savings: Accumulated NCB over claim-free years can result in significant long-term savings on insurance costs.
  5. Encourages Timely Renewals: Retaining NCB incentivizes policyholders to renew their two-wheeler insurance on time to maximize benefits.

Tips to Maximize NCB Benefits:

  1. Maintain Safe Riding Practices: Avoid accidents and minor damages by following traffic rules and practicing defensive riding techniques.
  2. Regular Maintenance: Keep your two-wheeler in good condition through regular servicing and maintenance to minimize the need for claims.
  3. Consider Add-Ons: Opt for add-on covers like zero depreciation or roadside assistance to enhance coverage without affecting NCB eligibility.
  4. Timely Renewals: Renew your insurance policy before the expiration date to avoid lapses and maintain NCB continuity.
  5. Utilize Transferability: When switching insurance providers or vehicles, transfer your NCB to avail of discounts with the new policy.


NCB is a valuable benefit in two-wheeler insurance that rewards policyholders for safe riding practices and claim-free years. It not only leads to cost savings but also promotes responsible behavior on the road. Understanding NCB and its importance can help two-wheeler owners make informed decisions when choosing and renewing their insurance policies.

Related Blogs :

Leave a Reply

Your email address will not be published. Required fields are marked *