This is something which most vehicle buyers don’t know and probably are never informed. Everybody loves discounts and we all negotiate on financing, dealer discounts and freebies but ignore the insurance part.
We guide you as to how to use the no claim bonus on your previous Vehicle insurance.When you sell your old vehicle ensure that ownership is transferred and make a photocopy of the new entry in the RC book for insurance purposes.
Apply for the no claim bonus certificate by giving a letter in writing to the existing insurance company stating that you have sold the vehicle with a copy of RC book endorsed with details of new buyer in it and request a no claim bonus certificate.Forward the NCB certificate to your new Vehicle dealer. This will get you a discount of up to 50% on your New vehicle