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

musicmanaman · 22nd September 2007, 18:59

Hi Ajmat and GTO, Please let me know if the below is possible.

I bought a 99 carb zen in Nov 06, The car was valued at 105k and I had to pay 4571 as insurance, I suppose this is comprehensive insurance, as the amont is quite big for a 99 zen.
Now the time is coming close to renew the insurance, and this time I want to go in for 3rd party as the primieum I suppose will be a lot lesser, and I will also get a 20% NCB.
Now if I go in for 3rd party insurance and continue this porocess till I own the zen and when I sell the same claim a NCB and then when I buy a new car go in for a Comprehensive with the new car, is this possible.

In summary, can 3rd party NCB be used later on a comprehensive Insurance.
If the above works then, I'll be accumulative NCB on a low premium and getting benefits on a comprehensive on a new car.

Thanks in advance.

22nd September 2007, 18:59	#77 (permalink)
musicmanaman BHPian Join Date: Nov 2006 Location: kolkata Posts: 271	Hi Ajmat and GTO, Please let me know if the below is possible. I bought a 99 carb zen in Nov 06, The car was valued at 105k and I had to pay 4571 as insurance, I suppose this is comprehensive insurance, as the amont is quite big for a 99 zen. Now the time is coming close to renew the insurance, and this time I want to go in for 3rd party as the primieum I suppose will be a lot lesser, and I will also get a 20% NCB. Now if I go in for 3rd party insurance and continue this porocess till I own the zen and when I sell the same claim a NCB and then when I buy a new car go in for a Comprehensive with the new car, is this possible. In summary, can 3rd party NCB be used later on a comprehensive Insurance. If the above works then, I'll be accumulative NCB on a low premium and getting benefits on a comprehensive on a new car. Thanks in advance.