Ques: Hello, I have possessed a car insurance policy for the last 5 years and I have not made any claim yet. Can you please tell me how much NCB have I accumulated in 5 years?
Car insurance companies provide NCB automatically at the time of renewal provided no claim has been made. The percentage of no claim bonus varies from one insurer to another. Typically the NCB is 20 to 50% of the original premium.