What is No Claim Bonus (NCB) in car insurance?

New Delhi (India), April 28: No Claim Bonus (NCB) can play a major role in deciding the car insurance premium amount. Understanding what is NCB and how it works before buying car insurance is important. NCB is a discount an insurer offers on the own damage portion of the premium at renewal for not making any claim against your policy during its tenure.

New Delhi (India), April 28: No Claim Bonus…

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