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Source: https://quickinsure.co.in/articles/what-is-ncb-no-claim-bonus

Category: Business

Tags: No Claim Bonus

The " target="_blank" rel="noopener noreferrer">https://quickinsure.co.in/articles/what-is-ncb-no-claim-bonus"> No Claim Bonus (NCB) is a discount on your car insurance premium offered for each year you don’t make a claim. For example, if you haven't made any claims in the first year, you might receive a 20% discount on your premium the following year. This discount increases with each claim-free year, potentially reaching up to 50%. For instance, if your premium is ₹10,000, with a 20% NCB, you'll pay ₹8,000.

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