TomorrowMakers

As a car owner, here are 5 questions you’ve always wanted answers to.

FAQs about car insurance

FAQ #1- What happens if I don’t make a car insurance claim for a whole year? 

No claim bonus (NCB) refers to the benefit extended by insurance companies to policy holders who have not lodged a single claim across the term of their motor insurance. This benefit is given in the form of discount on renewal premium of a certain percentage. Usually, it is 20% discount on premium for one claim free year, 25% for two claim free years, 35% for three, 45% for four and 50% for five claim free years! 

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