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Best Claim settlement Awards 2022
Period of Shriram Motor Insurance | No Claim Bonus Percentage |
|---|---|
No claim made during the preceding full year of Shriram Two-Wheeler Insurance | 20% |
No claim made during the preceding 2 consecutive years of Shriram Two-Wheeler Insurance | 25% |
No claim was made during the preceding 3 consecutive years of Shriram Two-Wheeler Insurance | 35% |
No claim made during the preceding 4 consecutive years of Shriram Two-Wheeler Insurance | 45% |
No claim made during the preceding 5 consecutive years of Shriram Two-Wheeler Insurance | 50% |

NCB is offered by insurance companies to policy holders for not making any claims in the previous policy period. The NCB percentage can range from 20% to 50% of the own damage premium


If a policy holder makes a claim during the policy period, the No Claim Bonus (NCB) will be reset to zero for the next policy period
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