Earn rewards for safe riding with your bike insurance. Your commitment to safe riding protects you and earns you benefits. Find out how your cautious approach on the road can lead to lower premiums and other perks in your bike insurance policy.

NCB (No Claim Bonus) in bike insurance is like a reward for responsible riding. You earn this bonus when you don't make any claims during your policy term. It's a pat from insurance providers for staying accident-free and keeping your bike in good condition. NCB can significantly reduce your insurance premium upon renewal, making it a win-win for cautious riders and their wallets.

NCB (No Claim Bonus) holds significant importance in bike insurance for several reasons. Firstly, it rewards safe and responsible riding behaviour by offering discounts on insurance premiums. Secondly, it incentivises policyholders to maintain their bikes well and avoid accidents, ultimately contributing to road safety. Additionally, NCB encourages loyalty towards insurance providers, as policyholders are more likely to renew their policies to retain their bonuses. Overall, NCB motivates riders to prioritise safety while also providing financial benefits in the form of reduced insurance costs.

Unlock the No Claim Bonus (NCB) perks in bike insurance and enjoy a safer, more affordable ride.

• Concession on Premium:

  NCB rewards your claim-free years with reduced insurance premiums upon renewal. The longer you go without claims, the higher the discount, making it a cost-effective incentive for safe riding.

• Higher Savings:

  Accumulating NCB translates to substantial savings over time, allowing you to allocate funds towards other essential expenses or indulge in your biking passions guilt-free.

• Easy Renewal:

  With NCB, policy renewal becomes hassle-free. Insurance providers recognise your safe track record and offer seamless continuation of coverage, ensuring uninterrupted protection for your bike.

NCB discounts play a crucial role in determining bike insurance premiums. Essentially, the more claim-free years you accumulate, the higher the discount on your premium. This discount directly influences the premium calculation, significantly reducing the amount you pay for insurance coverage. Insurance providers consider your NCB history to measure your risk profile and reward you accordingly. As a result, policyholders are motivated to maintain safe riding practices to maximise their NCB benefits, ultimately leading to lower premiums and greater savings over time.

Calculating the No Claim Bonus (NCB) is straightforward. It's typically a percentage of your bike insurance premium and increases with each claim-free year. For instance, if you have yet to make any claims for one year, you might receive a 20% discount on your premium. This discount can increase to 50-60% after several consecutive claim-free years. However, if you make a claim during the policy term, you may lose the accumulated NCB, resetting it to zero. So, the longer you go without claims, the higher your NCB and the greater your premium discount.