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Old 1st April 2008, 11:09   #2 (permalink)
sushrutha
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Join Date: Mar 2006
Location: Chikmagalur/Bangalore
Posts: 393
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Quote:
Originally Posted by raghp74 View Post
1) The used car insurance is valid till June15, 2008
If I transfer it now to my name then, I have to pay premium from the day I get
transfer. Is this right?

2) How much fees I should pay for this transfer?

2) How could my brother get back NCB for the old car?
Will they give cheque for this amount?
OR
If I get an authorization letter from my brother, can I use it for the premium what
I have to pay after it gets transferred?
Here's my reply,
Nopes , right now u'll be enjoying his insurance validity till June 15-08, But Insurance transfer charges you have to pay.
And also you need to pay his NCB.
I'm not so sure about the amount, pls check with the insurance guys.
Guys correct me if i'm wrong.
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