Car insurance no claim bonus transfer

There’s no right or wrong answer here. The transfer of a no claims bonus (NCB) or no claims discount (NCD) happens at your motorbike or car insurance provider’s discretion. It’s not guaranteed, but it’s certainly worth asking the question. Just be aware that your NCD can only be used on one vehicle at a time.

The No Claim Bonus is connected to you - not your vehicle. So, if you sell your old vehicle and purchase a new one, the No Claim Bonus will remain intact. And, it can be applied to the newly-purchased vehicle. Here are 3 important points you should note about the No Claim Bonus in motor insurance -

A no-claims bonus (NCB), sometimes referred to as a no-claims discount, is the number of years that you haven’t claimed on your car insurance policy. We use these terms interchangeably throughout this guide. A no-claims bonus of 5 years or more could give you a discount on your insurance costs. But the level of discount might vary between insurers.