Paragraph match score 80.8%
Page A-191
Why Does NCB Matter When Renewing Car Insurance?
NCB is important as it is an important factor making car insurance comparatively cheaper at the time of renewal.
Page A-227
Thank you for your interest!
To begin with, NCB has a positive financial impact on the policyholder as it significantly influences the renewal of car insurance premiums. In addition, the NCB entitlements are transferable, and the owner can enjoy the financial advantage even on purchasing a new vehicle. But before we proceed further, here is a quick recap on the types of car insurance.