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A Mini Guide on NCB for Bike Insurance

By Juhi Walia
19 July 2022, 3:08 PM

A no-claim bonus (NCB) is a premium reduction granted by insurance companies if a vehicle owner does not claim during the policy term.

NCB is a discount that comes with many types of two-wheeler insurance policies in India. This premium discount is 20% for the second year, 25% for the third year, 35% for the fourth year, 45 percent for the fifth year, and 50% for the sixth year. The discount amount is determined on the own damage premium component of the two-wheeler. So, comprehensive and standalone own damage bike insurance policies come with NCB benefits. NCB can be carried forward only if we renew the policy, not later than 90 days of the policy expiration date. Ideally, one should pay on or a few days before the expiration date.

Applicability of NCB Benefits

The no-claim bonus in bike insurance, as the name implies, is a discount on renewal premiums for a claim-free year. This solely applies to the own damage premium. It does not apply to the premium for third-party liability.

It begins at 20% on the first renewal and accumulates to the desired proportion, as shown below.

  • 20% in the second year
  • 25% in the third year
  • 35% in the fourth year
  • 45 percent in the fifth year
  • 50% in the sixth year

As an NCB, the maximum discount available is 50%.

Benefits of NCB

NCB in auto insurance might help us cut our rate in half. While the NCB bonus in auto insurance is helpful, we must register a claim whenever necessary. For example, if our bike is significantly damaged, we must register a bike insurance claim and not withhold from filing a claim to preserve the NCB. However, if the automobile damage is minor, paying for the repairs ourselves might help us safeguard our collected NCB.


  • Huge discounts
  • Savings
  • Transferable

Read more - All You Need to Know About No-claim Bonus in Two-wheeler Insurance

Is NCB for the Advantage of the Insured or the Insurer?

The NCB helps both the insured and insurer. While the insured receives a discount on the renewal premium, the insurer prevents itself from paying the claim amount to the policyholders. That does not mean the insured should not claim in case of damages. But prevent claiming for some minor dents, which you can afford as a policyholder, for the larger benefit. The premium, as stated above, can be reduced by up to 50% in the case of five successive claim-free years. Besides, NCB is transferrable on buying a new bike or switching from one insurer to another. So, you can get an idea of the benefits and the flexibility one has with NCB. We hope you don't face any unforeseen circumstances and keep fetching NCB discounts to boost your savings. 

How is the NCB Amount Calculated?

Even as the rate remains the same across bike insurance policies, individual savings could differ because of the variation in the own damage premium rates. You can thus use the no claim bonus calculator to figure out how much you can save on your bike insurance price. We can find the NCB claim calculators on most bike insurance companies. Most insurers provide similar calculators. 

When purchasing the plan, we can also use the bike insurance premium calculator to assist us in understanding the savings that we can get over time through the NCB.

If the vehicle is accident-free for one year, for example, a 20% discount may be offered, and if it has been accident-free for two years on a trot, a 25% NCB may be given, and so on. 

Read more - How to Calculate NCB for Two Wheeler Insurance?

The crucial thing to remember is that NCB follows the owner. The new owner’s driving record will determine the NCB if the vehicle is sold. According to the NCB clause, if a person sells a vehicle with NCB and buys a new one within a certain time frame, he can carry on the previously available NCB to the new vehicle as long as it is of the same class. You will need to submit a few documents like Form 29 and Form 30, NCB transfer certificate, etc, for a successful transition of the benefit.


1. Will I get NCB automatically on buying a bike insurance policy?

No, it does not come automatically to you on buying a bike insurance policy. It comes to you only when you don't claim in a policy year.

2. Can I protect my NCB even if I claim?

You can, if you buy an NCB protector add-on for an additional premium. However, you can claim only up to a specified limit during the policy term. So, do check the NCB protector add-on feature of the insurer carefully and claim accordingly.

3. Can I get NCB on all bike insurance policies?

No, you can't! Comprehensive and standalone own damage bike insurance policies offer NCB benefits. A third-party liability policy alone won't have NCB benefits.

4. Will my NCB expire if I don't renew my bike insurance policy on the due date?

You have another 90 days from the policy expiration date to renew your bike insurance policy and keep your NCB and other benefits intact. After that, your policy will lapse, forfeiting all your accumulated NCB. You will then need to buy a new bike insurance policy and have to go through a vehicle inspection too. That could raise your premium amount. 

5. Will I get details of NCB discounts in advance?

A few days before the renewal date, you will get an SMS or email notification asking you to pay the renewal premium. You will get a link on the notification that will show you the details of your policy, including NCB discounts. So, do look up your mobile and email for such notifications and check the benefits to have upon renewing your bike insurance policy on time.

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