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<blockquote data-quote="topearn" data-source="post: 3346033" data-attributes="member: 71251"><p>NCB means No Claim Bonus. When U 1st start buying insurance on your car, NBC is 0%. Next year when U renew, if U did not make any claims, U will get a small NCB discount, which will get bigger and bigger as long as U did not make any claims or others a claim against your car and you are at fault. I can recall the max NCB - probably its 38%, so if your insurance cost RM1000, U only pay RM662.</p><p></p><p>Since U take a care loan, U have to take comprehensive insurance which is more expensive vs 2rd party insurance.</p><p></p><p>I think U can transfer your NCB to your new replacement car.</p></blockquote><p></p>
[QUOTE="topearn, post: 3346033, member: 71251"] NCB means No Claim Bonus. When U 1st start buying insurance on your car, NBC is 0%. Next year when U renew, if U did not make any claims, U will get a small NCB discount, which will get bigger and bigger as long as U did not make any claims or others a claim against your car and you are at fault. I can recall the max NCB - probably its 38%, so if your insurance cost RM1000, U only pay RM662. Since U take a care loan, U have to take comprehensive insurance which is more expensive vs 2rd party insurance. I think U can transfer your NCB to your new replacement car. [/QUOTE]
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