Team-BHP - View Single Post - ARTICLE: No Claim Bonus

Zappo · 2nd May 2007, 18:07

how does it exactly pan out? As in I know the process, theoritically speaking. However suppose I am selling off my car today. Once this process is complete and I get the money I will go ahead and buy a new car. So how do I get the NCB certificate? The buyer will definitely not let me do that if he gets a wind of whats up. And yet, I can not get the certificate till I have got the sale completed. So? How to do it?

Or is it that even if the buyer has already got the insurance transferred in his name I can still saunter into the insurance cos. office and ask for the certificate? If that can be done then it is fine, but I doubt that they will agree to it once the owner of the policy has changed to the new buyer of the car!

2nd May 2007, 18:07	#34 (permalink)
Zappo Team-BHP Moderator Join Date: Oct 2005 Location: Hyderabad Posts: 2,872	I was wondering... how does it exactly pan out? As in I know the process, theoritically speaking. However suppose I am selling off my car today. Once this process is complete and I get the money I will go ahead and buy a new car. So how do I get the NCB certificate? The buyer will definitely not let me do that if he gets a wind of whats up. And yet, I can not get the certificate till I have got the sale completed. So? How to do it? Or is it that even if the buyer has already got the insurance transferred in his name I can still saunter into the insurance cos. office and ask for the certificate? If that can be done then it is fine, but I doubt that they will agree to it once the owner of the policy has changed to the new buyer of the car! __________________ Announcements are important. Read the Advertising Announcement here. Classifieds section has its rules. Read here.