MOTOR INSURANCE GUIDE
No-Claim Discount for Motor Insurance in Nepal
What a no-claim discount represents, what evidence may be requested and what to confirm at renewal.
Written by NepaCompare Editorial Team · Reviewed by NepaCompare Research Desk
Published 2026-08-03 · Reviewed 2026-08-03 · Editorially reviewed; professional review pending
A no-claim discount recognizes an eligible claim-free period. It is not automatic proof that every insurer will apply the same percentage or calculation.
Evidence
Shikhar Insurance’s official FAQ lists a renewal notice from the previous insurer as a document used for a motor no-claim discount. Ask your insurer what evidence, time period and policy conditions apply.
Renewal questions
- Is the discount applied to the whole premium or only a component?
- Does a reported incident affect eligibility?
- Can the history move between insurers?
- What evidence and deadline apply?
- How does a lapse in cover affect the discount?
Avoid publishing or relying on a fixed percentage unless it is supported by the current insurer proposal or regulator tariff. NepaCompare does not estimate a no-claim discount without a sourced rule.