Quote:
Originally Posted by jalesho  Hello,
I have read the threads where most have sold their old car and used the No claim bonus of the old car while buying a new one.
I am currently having a car which is one year old and I just now paid the 2nd year insurance premium. Since I know the insurance officer personally, he promised me that I pay the entire premium (without the No claim bonus) and he will send me a cheque of the No claim bonus later. So, in other words I did not use the No claim bonus on my current car.
Now I am planning to buy another new car. My question is can I use this No claim bonus of my existing car while buying the new car?
Thanks, Jalesh. |
Jalesh
You have been duped my friend. There is no such thing as refund of no claim bonus. Even if there is one why should you pay upfront and get a refund and some other point in time while all others pay only the amount after the bonus Discount.