Almost all vehicle insurance companies offer NCB (No Claim Bonus) to their customers who do not raise claims during the coverage period of the insurance policy. This “bonus” is basically in the form of a discount on the premium that is applied to your two wheeler insurance renewal. This bonus varies from one insurer to another. This feature must be taken considered while buying a two wheeler policy as you can lose quite a bit if you don’t look around while buying a two wheeler insurance policy. No claim bonus is given by the insurer to two wheeler policy holders for making claims during the policy term.
