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 Insurance NCD transfer to new car

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zero5177
post Jan 4 2021, 10:37 AM

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QUOTE(isr25 @ Nov 5 2020, 07:58 AM)
Hi, notice the post reply was like 7 years ago, is there any changes so far?

Say if I were to sold my car Jan 2021, and my Insurance expire at April 2021,

Outcome A:-
Does that means I have until 2022 April to transfer my insurance of the sold car to new car with NCD 55%?
Then if I were to get a new car with Insurance at 2022 May I will get my NCD at maybe 45%?

Outcome B:-
Or I have untill 2022 Jan to transfer the NCD 55% to my new car
and if I get new car transferred with Insurance at 2022 Feb then I may get my NCD at 45%?

Can anyone confirm that it is outcome A?
zero5177
post Jan 4 2021, 11:21 AM

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QUOTE(isr25 @ Jan 4 2021, 11:12 AM)
If you sell your car in Jan 2021, insurance will expire there and then. You have 12 months (Dec 2021/Jan 2022) to buy a new car to maintain the 55%, else it will drop to 45%
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Ok this is very clear. Thank you for confirming..

 

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