What happens to my No Claim Bonus while renewing an expired policy?
If your bike insurance policy has been expired for over 90 days, then you will not avail any NCB benefits. No Claim Bonus is a type of benefit that you receive if you have not claimed your policy in the preceding year. It is usually between 20% to 50% discount on the premium payable. It is not a right of the policyholder, but it has to be earned by avoiding accidents and hence, not making too many claims.