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Old 31st October 2007, 13:39   #91 (permalink)
carlover98
BHPian
 
Join Date: Jan 2007
Location: Trivandrum
Posts: 70
Default No Claim Bonus

Quote:
Originally Posted by debkumarroy View Post
Is there a time limit (like 15 days, etc) after taking the new car insurance at full value, within which the NCB of the old car must be transferred (and refund claimed)? Asking because I am buying a new car, but, my old car is taking some time to sell.
Hi,

What u can do is take a third party for your old car and then transfer the comprehensive to the new car you are planning to buy.

I was going thru the thread and I think now we have a maximum NCB of 50%. It doesnt go beyond 50%. 65% NCB is for old insurance policy which was taken probably 10 or 15 yrs back. Correct me if I am wrong.

I had used my NCB of my old car when I bought my new Viva in 2004. At that time I had a UNO which I had used for 4 years and had 50% NCB. At that time I had checked with my insurance agent and he told that 50% is the maximum you can get.

Cheers!!!
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