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How to transfer insurance NCD to a new car
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TSbogletails
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Mar 11 2023, 02:43 PM, updated 3y ago
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Getting Started

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Anyone has done this before? currently my old car has NCD 55%, but when buying a brand new car, can i transfer the 55% discount to new car insurance? many online blog say can but idk anyone that done it before https://carput.my/how-to-transfer-no-claim-...nother%20person.
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xtrabite
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Mar 11 2023, 02:44 PM
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Getting Started

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Can.. later salesperson will settle for you..
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WaCKy-Angel
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Mar 11 2023, 02:45 PM
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QUOTE(bogletails @ Mar 11 2023, 02:43 PM) Anyone has done this before? currently my old car has NCD 55%, but when buying a brand new car, can i transfer the 55% discount to new car insurance? many online blog say can but idk anyone that done it before https://carput.my/how-to-transfer-no-claim-...nother%20person. Just tell the salesman they will kaw tim for u without extra charges
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LamboSama
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Mar 11 2023, 02:45 PM
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Send email to previous insurance to cancel. After receiving confirmation. Send email to new insurance for refund.
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Chrix
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Mar 11 2023, 02:47 PM
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inform insurer la
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SUSMuchafaka
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Mar 11 2023, 02:48 PM
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New Member
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Bodo keh....
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ycs
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Mar 11 2023, 02:50 PM
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just tell the new insurer your old car number after cancel
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kucingfight
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Mar 11 2023, 03:38 PM
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Look at all my stars!!
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Just buy new insurance and start 0% ncd..kek
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JohnL77
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Mar 11 2023, 03:42 PM
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When I bought my motorcycle I did the insurance myself through the phone with my insurance company. It was cheaper than buying from the dealer.
Just call your insurance company and ask them how to transfer NCD. You will have to pay the full price first, then later they will refund the NCD amount to you.
If you don't want to go through the hassle of going to the insurance company's office, you can just get the salesperson to do it for you like others said.
This post has been edited by JohnL77: Mar 11 2023, 03:43 PM
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MR_alien
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Mar 11 2023, 04:06 PM
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if buy brand new car, it's easy...just tell the SA he will settle for u
buy used car, thn it's more troublesome
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fantasy1989
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Mar 11 2023, 04:07 PM
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QUOTE(bogletails @ Mar 11 2023, 02:43 PM) Anyone has done this before? currently my old car has NCD 55%, but when buying a brand new car, can i transfer the 55% discount to new car insurance? many online blog say can but idk anyone that done it before https://carput.my/how-to-transfer-no-claim-...nother%20person. u can tell your car SA to do that for u but if u are etiqa then you might need to present yourself to sign and confirm then u need top up your old car insurance (as it no longer have NCD) then get relief from your new car This post has been edited by fantasy1989: Mar 11 2023, 04:08 PM
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Boom Mortar
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Mar 11 2023, 04:08 PM
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Getting Started

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get endorsements letter from old car insurance when cancel for old car,send the endorsements letter to the new car salesman,they will do the paperwork.
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Revamperz
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Mar 11 2023, 04:09 PM
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ini ur salesperson can take care wan
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Buydirect
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Mar 11 2023, 04:12 PM
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Getting Started

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IF your existing car is still in use, and you intend to maintain the policy until the expiry date, you need to do NCB RECOVERY, meaning you need to top up some money to your insurance company first, before they can allow you to WITHDRAW the NCB and transfer to the new car.
If you are disposing off the car, then you need to
FIRST STEP Option 1- Cancel the Road Tax at JPJ (peel off the road tax disc - blue sticker from your car windscreen ) and submit a copy of your bank statement for prorate refund of y our road tax, and to fill up some forms at JPJ office OR Option 2 - Sold off to used car dealer, need the E-AUTO Certificate from the used car dealer, but the road tax would be automatically cancellled by JPJ and there will be no more refund, unless you take Option 1.
SECOND STEP- Go to your insurance company to CANCEL the policy. Again, you 'd need to submit a copy of your bank statement (bearing your name and bank account details for prorate refund )
Once the insurance is cancelled, the NCB would be updated to the ISM (a system that tracks NCB) and would be able to be picked up by the NEW car insurance for direct NCB deduction
This post has been edited by Buydirect: Mar 11 2023, 04:15 PM
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