I've been looking for a bike insurance renewal quote and have been told by the Broker that, following changes to regulations governing the way No Claims Bonus is applied, a named driver policy can usually get a maximum of 40% NCB while an unnamed driver policy can get up to 50%.

To me, this sounds like another daft idea on the level of 'insure the bike, not the rider'.

What do you think? Am I looking at it the wrong way?

But anyway, a warning to be aware for your next renewal.

EDIT - cars affected too, I suppose.

So just get unnamed driver policy?

1 hour ago, scubascuba3 said:

So just get unnamed driver policy?

Starting January 1, 2026, the OIC has changed the rules with respect to voluntary motor policies. It's now a requirement to name the driver(s), (up to five), on each policy. Un-named driver policies are no longer being issued by Thai insurers.

https://www.msig-thai.com/en/news/new-motor-insurance-rules-2026-drivers-must-be-named-policies

Unnamed policies are more expensive, so you are getting 50% of x verses 40% of y where x>y.

The two policies would have to be very similar price for 50% off to result in a lower price than 40% of the lower contract-price...

31 minutes ago, DualSportBiker said:

Unnamed policies are more expensive, so you are getting 50% of x verses 40% of y where x>y.

The two policies would have to be very similar price for 50% off to result in a lower price than 40% of the lower contract-price...

Yes, the real increase isn't related to the NCD percentage difference between the old un-named policies and the new named policies, it's the application of surcharges for policyholders who have had at-fault accidents. The OIC and insurers have developed a database linking individual drivers to their insurance claims and are now using it to rate policies.

8 hours ago, MartinL said:

I've been looking for a bike insurance renewal quote and have been told by the Broker that, following changes to regulations governing the way No Claims Bonus is applied, a named driver policy can usually get a maximum of 40% NCB while an unnamed driver policy can get up to 50%.

To me, this sounds like another daft idea on the level of 'insure the bike, not the rider'.

What do you think? Am I looking at it the wrong way?

But anyway, a warning to be aware for your next renewal.

EDIT - cars affected too, I suppose.

8 hours ago, MartinL said:

I've been looking for a bike insurance renewal quote and have been told by the Broker that, following changes to regulations governing the way No Claims Bonus is applied, a named driver policy can usually get a maximum of 40% NCB while an unnamed driver policy can get up to 50%.

To me, this sounds like another daft idea on the level of 'insure the bike, not the rider'.

What do you think? Am I looking at it the wrong way?

But anyway, a warning to be aware for your next renewal.

EDIT - cars affected too, I suppose.

I will be in the market for new insurance soon.

Are you happy with your Broker? If so, kindly share their name.

Many thanks