No Claim Bonus

[Aakash]

If you have raised a claim against a policy, you won't get NCB (it's No Claim Bonus).

But the claim is neither accepted or rejected, if later on the insurance company reject the claim would I get an NCB refund back?

[Rahul]

It's a bit subjective issue when you have lodged a claim, some insurer take it as a claim is registered, whether not accepted OR Rejected later on. But NCB is gone, when you lodge a claim.

[Expert]

It's a bit subjective issue when you have lodged a claim, some insurer take it as a claim is registered, whether not accepted OR Rejected later on. But NCB is gone, when you lodge a claim.

I doubt this the NCB would be gone only, when the claim is accepted by the insurance company. Mear lodging the claim won't be the case of denying the NCB.

[Madhura]

I agree with Expert here the claim till the point is accepted, should not have to affect the NCB. Insured may have lodged a claim for the coverage, which are not even covered under the policy. But above are my personal views and I have no proof for this.

[Absar]

I was reading somewhere that if you claim only wind screen damage claim, you NCB would not be impacted with the claims. Means that it will be treated like you had not made any claim. Is it so?

[Master]

I was reading somewhere that if you claim only wind screen damage claim, you NCB would not be impacted with the claims. Means that it will be treated like you had not made any claim. Is it so?

Yes, you are right.

[ReVoLuTiOn]

I have two cars - one Honda City (2007) and another one - Hyundai Santro (2005). Both the above cars are insured with ICICI Lombard. Honda City is covered with comprehensive cover and Hyundai Santro is third party cover, because it’s little old. Last year for Hyundai Santro, I had changed insurance cover from comprehensive to third party, at that time I was enjoying the 45% NCB. As I had moved to third party, insurance company not provided me the NCB. Now I have moved to new city and the risk is more so again I wanted to go for comprehensive cover for my Hyundai Santro, but insurer is saying that you will have to start as fresh for NCB. Is it so?