One of the biggest rewards for safe driving is the No Claim Bonus (NCB).
What is NCB?
NCB is a discount offered by insurers for every claim-free policy year.
The longer you avoid claims, the greater your discount on the own-damage premium.
Benefits
- Lower renewal premium
- Rewards safe driving
- Transferable to another insurer
- Can be transferred to a new car
When Can You Lose NCB?
You may lose your accumulated bonus if:
- You make an own-damage claim
- Your policy lapses beyond the allowed renewal period
Tips to Preserve NCB
- Avoid claiming for minor damages
- Renew your policy on time
- Drive carefully
- Consider an NCB Protection add-on if available
Final Thoughts
NCB is one of the easiest ways to reduce long-term insurance costs, making safe driving financially rewarding.