No Claim Bonus and its effect on Bike Insurance.
Are you the proud owner of a new bike? Congratulations! But have you thought about buying online insurance to protect your vehicle? If you're considering purchasing bike insurance, you should know about "No Claim Bonus" or NCB, and its benefits. NCB is a reward given by insurance companies to policyholders for not making any claims during the policy period. This bonus can result in a substantial discount on your new bike insurance premium. Therefore, before you buy bike insurance , make sure to understand NCB and its benefits, and also explore options for buying online bike insurance to get the best price. What is NCB? The term "NCB" in insurance stands for "No Claims Bonus" or "No Claims Discount." It is a discount that is applied to the premium of a motor insurance policy in recognition of the fact that the policyholder has not made any claims during the policy period. In other words, if you have not made any claims on your new bik