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 Car Accident Insurance, car kena bang

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JustcallmeLarry
post Nov 5 2015, 02:58 AM

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What is this NCB I alway hear people mention it? Very important?
JustcallmeLarry
post Nov 5 2015, 02:03 PM

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Joined: Jan 2010


QUOTE(zeb kew @ Nov 5 2015, 09:23 AM)
No claims bonus. Also called NCD, no claims discount.

One year you don't make any claim, the next year, you get a 25% discount. The year after that, you get 33%, then 45%, then 55%.

The moment you make any claim, it resets all the way to 0%, and you have to work your way up again year by year.

Is it important? Depends. Is getting 55% discount on your insurance premium important to you?
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Thanks bro, now i know why i hear this word a lot. Yup it is important. notworthy.gif

 

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