NCB Calculation

NCB (No Claim Bonus), also known as NCD (No Claim Discount), is a discount on your car insurance premium.

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How NCB Accumulates (Private Cars)

• Less than 12 months： 0%

• No claim in the first year： 20%

• No claim in the second year： 30%

• No claim in the third year： 40%

• No claim in the fourth year： 50%

• No claim in the fifth year： 60%

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How NCB Accumulates (Motorcycles and Commercial Vehicles)

• Less than 12 months： 0%

• No claim in the first year： 10%

• No claim in the second year： 20%

• No claim in the third year： 30%

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Impact of NCB after a claim (Private Cars)

• Claim in less than 12 months： 0% → 0%

• Claim in the first year： 20% → 0%

• Claim in the second year： 30% → 0%

• Claim in the third year： 40% → 0%

• Claim in the fourth year： 50% → 20%

• Claim in the fifth year： 60% → 30%

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