No Claim Bonus (NCB) in Bike Insurance

To get a No Claim Bonus (NCB) certificate, the policyholder needs to contact the insurance provider and request it. You will be required to share your policy number along with basic personal and vehicle details.. Once the insurer verifies your claim-free history for the policy period, they will issue the NCB certificate.

An NCB certificate is not typically issued at the time of buying a policy. It is generated when required especially during renewal or when switching insurers.

Yes, but only if your policy includes an NCB Protection add-on. Typically, any claim you make during the policy year resets your No Claim Bonus to zero. However, if you opt for an NCB Protect add-on, you can raise a limited number of claims usually one without losing your accumulated NCB discount.

That said, this benefit is not unconditional. Insurers usually set specific terms, such as:

• A cap on the number of claims allowed in a year

• Eligibility criteria (for example, a minimum number of prior claim-free years) 

• Applicability only under comprehensive policies

What many customers overlook: 
NCB Protection doesn’t mean “unlimited claim safety.” It’s a controlled buffer, use it wisely for high-value claims. For minor damages, paying out of pocket can still make more sense to preserve both your NCB and future eligibility for the add-on.

The NCB Protection add-on comes at an additional cost over your base bike insurance premium; it cannot be purchased as a standalone cover. You can only opt for it with a comprehensive or standalone own-damage policy. In most cases, the cost of this add-on typically ranges from around 5% to 10% of your base premium, though this can vary depending on the insurer, your bike profile, and your claims history.

While the extra premium may seem small, it protects a much larger benefit, your accumulated NCB, which can go up to 50% discount on premium over time. That’s why, for many riders, the cost of this add-on is justified, especially once they’ve built a higher NCB. 

The following are some important things to know about No Claim Bonus in bike insurance in India:

• The NCB is available only with the Comprehensive Two-Wheeler Insurance Policy and not with the Third-Party Liability Plan. 
• NCB will terminate if you file a claim even a single time.
• NCB can be easily transferred to the new two-wheeler; just ensure you have the NCB certificate.
• Do not cancel your insurance policy before the end of the policy term as then your NCB will also be cancelled for that year.
• NCB validity is 90 days from the date of expiry of the policy, so remember to renew the bike insurance policy within time.
• It is important to know that you cannot share the NCB benefits between two different bike insurance policies.

So, the next time you are in the mood for some bike racing, remember there is a No Claim Bonus waiting for you on the other side of self-control. Also worth remembering is the fact that this reward is transferable to new vehicles and new insurers. 

Pro Tip: Keep Your NCB. Let go of small change. In other words, in the long run we have seen that making a claim for small damages to the vehicle, that is totally affordable, will make you lose on a substantial chunk of discount on your premium, because the NCB, on even making a single claim will switch back to zero, which looking at the larger picture, will be a bigger financial loss. So, it is best to keep your NCB alive and settle minor damages without raising a claim.