What is this NCB I alway hear people mention it? Very important?
Car Accident Insurance, car kena bang
Car Accident Insurance, car kena bang
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Nov 5 2015, 02:58 AM
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What is this NCB I alway hear people mention it? Very important?
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Nov 5 2015, 02:03 PM
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QUOTE(zeb kew @ Nov 5 2015, 09:23 AM) No claims bonus. Also called NCD, no claims discount. Thanks bro, now i know why i hear this word a lot. Yup it is important. 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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