Eyke Supercharged August 28, 2003 Share August 28, 2003 From BizTimes: ONE important change to the NCD, or 'No Claim Discount', accompanied the GIA's adoption of the 'Barometer of Liability'. Previously, getting a discount on your automobile insurance premium depended on the principle of 'No Claim'. This meant the only way a motorist could enjoy a premium discount was if no claim was made against his policy, either by himself or others. For example, if Driver A claims under his own policy for repairs to his own car, his NCD is affected even if the accident that led to the claim being lodged was entirely the fault of Driver B. To retain his NCD, Driver A has to claim against Driver B, who was responsible for the accident. Driver A then furnishes proof to his insurer of the successful recovery of his claim in full. But 'No Claim' now operates on the 'No Blame' principle. This means that even if a claim is lodged by a motorist against his own policy for repairs to his car following a collision with an other vehicle, the NCD - the name remains the same - will not be affected if it is clear that the accident was caused more by the fault of the other party. And 'No Blame' is interpreted as a situation where the motorist is 20 per cent or less to blame for an accident in terms of the 'Barometer of Liability', rather than a strict situation of no blame. ↡ Advertisement Link to post Share on other sites More sharing options...
Soya Supersonic August 28, 2003 Share August 28, 2003 sounds like a better approach but how to measure 20% of a blame?? Link to post Share on other sites More sharing options...
Ahwhye 5th Gear August 28, 2003 Share August 28, 2003 who going to apportion the blame? dispute then how? me think going to be Link to post Share on other sites More sharing options...
Eyke Supercharged August 28, 2003 Author Share August 28, 2003 blame apportion is nothing new, was being done all the while. iirc, it's worked out between the insurance companies involved (for no-police report cases). Link to post Share on other sites More sharing options...
Vtim 3rd Gear August 28, 2003 Share August 28, 2003 And 'No Blame' is interpreted as a situation where the motorist is 20 per cent or less to blame for an accident in terms of the 'Barometer of Liability', rather than a strict situation of no blame. like that very difficult to quantify Link to post Share on other sites More sharing options...
Ace_t Neutral Newbie August 28, 2003 Share August 28, 2003 might be a good change afterall. But does it mean that premiums will remain status quo or will it go up, becoz of a claim, regardless of liability ? Link to post Share on other sites More sharing options...
Smiley Neutral Newbie August 29, 2003 Share August 29, 2003 sound like a more reasonable approach. but how to assess and approtion "blame"? Link to post Share on other sites More sharing options...
Silver_z 1st Gear August 29, 2003 Share August 29, 2003 Cases are usually handled by TP to assess who is to blame, and how much percent of blame. Nothing new on the evaluation I think. Link to post Share on other sites More sharing options...
Bhaal Neutral Newbie August 29, 2003 Share August 29, 2003 regardless of how they determine the % blame, it is still a small improvement. Now there's a slight chance to retain your NCD. At worst you affect your NCD which is current situation anyway. Link to post Share on other sites More sharing options...
Silver_z 1st Gear September 1, 2003 Share September 1, 2003 Yep. Best is still to drive carefully and not get into such fix. Link to post Share on other sites More sharing options...
Assassin Clutched October 15, 2003 Share October 15, 2003 Quote And 'No Blame' is interpreted as a situation where the motorist is 20 per cent or less to blame for an accident in terms of the 'Barometer of Liability', rather than a strict situation of no blame. like that very difficult to quantify That is up to the judge to decide liao. Link to post Share on other sites More sharing options...
Vtim 3rd Gear October 15, 2003 Share October 15, 2003 That is up to the judge to decide liao. that means it's still up to an individual perception Link to post Share on other sites More sharing options...
Assassin Clutched October 16, 2003 Share October 16, 2003 Yup. Correct. See which is more convincing and has more evidence lor. Link to post Share on other sites More sharing options...
Vtim 3rd Gear October 16, 2003 Share October 16, 2003 all boils down to the skills of the lawyers Link to post Share on other sites More sharing options...
Assassin Clutched October 16, 2003 Share October 16, 2003 Yah lor....and make sure you've got photos to back you up. ↡ Advertisement Link to post Share on other sites More sharing options...
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