Car/Bike Insurance HIDDEN secret 🤫🤫 || bekifaayati #shorts
Generally if you haven’t claimed your car insurance in 2-3 years, you get a 30-40% discount on your car insurance premium. This discount is called No Claim Bonus (NCB).
If you have a ‘No Claim Bonus(NCB)’ in your policy, then by making a claim you will lose the NCB which means that you will not get a discount on your next year Insurance Policy Premium. Hence, if minor repair costs are way less than the NCB award, then it makes sense to avoid claiming the insurance – especially if the cost of minor repairs is less than the benefits you get from NCB.
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