NCD for New Car

[Heluim]

Hi everybody, I need some advise!

 

 

My car road Tax expires in 4th October 2015.

However I am currently my insurance expires in 18th Oct 2015, and my current NCD is 40%.

 

 

I was thinking of changing my car in October 2015.

 

 

Is there any possibility to be to get directly 50% NCD for my new car without renewing my old car road tax and insurance?

Or what is the best solution for this?

 

Cheers everybody, for the the advise once again!

[Vhtfhwlego]

It is at sole discretion on your current insurer whether they want to approve your additional 10% of the NCB.

 

My insurance expired on old car at 28dec.

DirectAsia approves my NCB on 4th Dec quotation.

[Vega]

sorry to OT here.

anyone knows how long can I still hold on to my NCB if I give up driving all together before I get my next car?

[Heluim]

  On 12/13/2014 at 3:35 AM, Vhtfhwlego said:

It is at sole discretion on your current insurer whether they want to approve your additional 10% of the NCB.

 

My insurance expired on old car at 28dec.

DirectAsia approves my NCB on 4th Dec quotation.

Wow.. That's great.. But how did u go about it? Because directasia is just a online website.. How did u explain your situation and story to them for them to approve it?

How you know that is was successful?

 

Thanks bro!!

  On 12/13/2014 at 3:54 AM, Vega said:

sorry to OT here.

anyone knows how long can I still hold on to my NCB if I give up driving all together before I get my next car?

Some insurer is 12 months and some is 24 months

[Vhtfhwlego]

  On 12/13/2014 at 4:17 AM, Heluim said:

Wow.. That's great.. But how did u go about it? Because directasia is just a online website.. How did u explain your situation and story to them for them to approve it?

How you know that is was successful?

 

Thanks bro!!

 

Some insurer is 12 months and some is 24 months

I call them quoting my existing policy number and RFQ for a new car.

Then they informed me that I can transfer 40% NCB to new car even before the "1 year policy".

Then I agree and suppose to transfer new car and scrap old car on 18dec.

But as I got a good price for my new car, I wanted to help the owner to transfer to my name ASAP so I got 2 cars now.

DA informed me that I can call in anytime to prorate.

[Heluim]

  On 12/13/2014 at 5:57 AM, Vhtfhwlego said:

I call them quoting my existing policy number and RFQ for a new car.

Then they informed me that I can transfer 40% NCB to new car even before the "1 year policy".

Then I agree and suppose to transfer new car and scrap old car on 18dec.

But as I got a good price for my new car, I wanted to help the owner to transfer to my name ASAP so I got 2 cars now.

DA informed me that I can call in anytime to prorate.

 

Wah power.. u smart!

So initally your NCD is 30%?

Edited December 13, 2014 by Heluim

[Damienic]

  On 12/13/2014 at 3:54 AM, Vega said:

sorry to OT here.

anyone knows how long can I still hold on to my NCB if I give up driving all together before I get my next car?

Most insurers dictates 12 months will be the longest you can hold on to NCD after you stop owning a car. Exceptional few allows 24 months. U need to find out this info from your last insurer.

[Civic6228]

NCB lah ... not NCD

 

NCB .... No Claim Bonus

[F355]

  On 12/13/2014 at 7:39 AM, Civic6228 said:

NCB lah ... not NCD

 

NCB .... No Claim Bonus

 

NCD = No Claim Discount also commonly used

[Civic6228]

  On 12/13/2014 at 8:01 AM, F355 said:

 

NCD = No Claim Discount also commonly used

 

Thanks for clarifying ... me blurr ... so it is NCD.

[Vhtfhwlego]

  On 12/13/2014 at 7:08 AM, Heluim said:

 

Wah power.. u smart!

So initally your NCD is 30%?

Yap,

[Hosaybo]

So anyone know which one allow 24 months?