How NCB and IDV Impact What You Pay for Car Insurance?

[Daily Trust - Nigeria] - 6/08/2025
No Claim Bonus (NCB) and Insured Declared Value (IDV) are crucial factors in car insurance. NCB offers premium discounts for each claim-free year. It also stays with the policyholder across vehicles or insurance providers. IDV shows what your car is worth in the market. It also helps decide how (…)
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