|View Poll Results: How much NCB do you currently enjoy?|
|No claim made or pending during the preceding 5 consecutive years of insurance (50%) MAXIMUM!||8||44.44%|
|No claim made or pending during the preceding 4 consecutive years of insurance (45%)||2||11.11%|
|No claim made or pending during the preceding 3 consecutive years of insurance (35%)||3||16.67%|
|No claim made or pending during the preceding 2 consecutive years of insurance (25%)||2||11.11%|
|No claim made or pending during the preceding full year of insurance (20%)||3||16.67%|
|Have claimed during the preceding full year of insurance (Malus/Loading/Extra premium being charged)||0||0%|
|Voters: 18. You may not vote on this poll|
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|28th August 2007, 14:04||#3|
Join Date: Feb 2004
Thanked: 103,495 Times
Likewise. I am also claiming 65% on 3 of my 4 cars.
Some readers may not be familiar with NCB, hence am linking to Ajmats Superb NCB Article (ARTICLE: No Claim Bonus - How to save on your insurance premiums!).
Last edited by GTO : 28th August 2007 at 14:49. Reason: Correcting link
|28th August 2007, 14:26||#4|
Senior - BHPian
I have been faced with this same question earlier. Is the maximum NCB for 4-wheelers available 50% or 65%?
I am sure it was the latter (till de-regulation of the motor insurance industry) but since the Tariff Advisory Committee (TAC) detariffed motor insurance rates in India, I THINK the maximum allowable now is 50% now.
However it could be that car owners who had reached 65% before the de-tariffication occurred have been allowed to maintain their 65% even though the maximum now is 50%
For example, my June 2000 model Tata Indica2000 was still at 50% after 7 years of claim-free motoring. Am I missing something here or did United Insurance take me for a ride?
Your expert advice is awaited!
|28th August 2007, 14:30||#5|
Join Date: Oct 2005
Thanked: 2,080 Times
|28th August 2007, 14:34||#6|
Senior - BHPian
Many thanks for pointing out the correct answer in my question to me ;-)
Can you (or any other Mod) edit the poll options/setup and add 65% as a 7th option?!
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