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Here’s How The No Claim Bonus Works In Two Wheeler Insurance

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Apr, 2019

Here’s How The No Claim Bonus Works In Two Wheeler Insurance

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Do you know that you can earn discount on your two wheeler insurance policy? Yes, for every claim free policy year, your two wheeler insurance company gives you a discount on your OD premium (Own Damage premium), referred to as No Claim Bonus (NCB). The No Claim Bonus ranges between 20% and 50%, if you do not file a claim with your two wheeler insurance policy for every consecutive year. Thus, NCB is the best way to progressively reduce your two wheeler insurance premium. Why do you need NCB? With […]

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