{"id":2022,"date":"2019-04-30T08:20:47","date_gmt":"2019-04-30T08:20:47","guid":{"rendered":"https:\/\/www.compare4benefit.com\/blog\/?p=2022"},"modified":"2019-04-30T08:27:13","modified_gmt":"2019-04-30T08:27:13","slug":"no-claim-certificate","status":"publish","type":"post","link":"https:\/\/www.compare4benefit.com\/blog\/no-claim-certificate\/","title":{"rendered":"How to Save on Car Insurance with a No Claim Certificate"},"content":{"rendered":"

 <\/p>\n

Are you wondering about \u00e2\u20ac\u0153No Claim Certificate<\/strong>\u00e2\u20ac\u009d benefits for your car insurance<\/a><\/span><\/strong>? Well, you\u00e2\u20ac\u2122re at the perfect place. Just keep on reading.<\/p>\n

Actually, \u00e2\u20ac\u0153No Claim Bonus\u00e2\u20ac\u009d (NCB) is a discount that a policyholder receives from the insurance provider if he\/she makes no claims throughout the policy term.<\/p>\n

As a result, the policyholder gets a certain discount in times of renewing his\/her policy.
\nWant to shift from the current insurance company to another? Then, collect your no-claim discount certificate from your last insurance company.<\/p>\n

Without any doubt, NCB is a great way to save some of your hard-earned money on policy renewal.<\/p>\n

\"car<\/a>
\nHow No Claim Certificate helps you to save your investment?<\/strong><\/h2>\n

You\u00e2\u20ac\u2122d be glad to know that a great benefit will be welcoming you in terms of \u00e2\u20ac\u0153No Claim Bonus\u00e2\u20ac\u009d every year. That means the more years you remain claim-free, the more discount you\u00e2\u20ac\u2122ll gain.<\/p>\n

In fact, NCB lets car insurance holders save maximum 20% on their premium.
\nAccording to the UAE Insurance Authority<\/a><\/span><\/strong>, a policyholder, who was claim-free for the duration of one to three years, is eligible for a discount anything between 10% and 20% regarding car insurance renewal in Dubai<\/a><\/span><\/strong>.<\/p>\n

More than 10%? Some insurers also offer up to 30% of discount to policyholders, who haven\u00e2\u20ac\u2122t claimed for five years. So, having a satisfactory driving history can lead you to a high discount on the premium.<\/p>\n

However, a lot of factors are considered in this regard, including the policyholder\u00e2\u20ac\u2122s age, occupation, and customer history, etc.<\/p>\n

What will be the scenario after making a Claim?<\/strong><\/h3>\n

Did you make a claim last year? Are you now wondering for your NCB cancellation? The real scenario is different.<\/p>\n

Actually, car insurance providers alleviate the \u00e2\u20ac\u0153No Claim Bonus\u00e2\u20ac\u009d percentage while it comes to renewal of the policy.<\/p>\n

Since no specific rule is there, the reduction amount differs for different insurance companies. So, be assured! Your NCB benefit won\u00e2\u20ac\u2122t be nullified even after a claim has been made from your side for any unpredicted event.<\/p>\n

If you have any confusion, get your queries resolved from your insurer<\/a><\/strong><\/span>.<\/p>\n

What about transferring No Claim Certificate?<\/strong><\/h3>\n

NCB is meant for an insured vehicle and so you can\u00e2\u20ac\u2122t transfer it to someone else. Yes, transfer of NCB is possible in case of shifting the car insurance company.<\/p>\n

Your previous insurer will provide you with a \u00e2\u20ac\u0153No Claims Certificate.\u00e2\u20ac\u009d Don\u00e2\u20ac\u2122t worry- you won\u00e2\u20ac\u2122t need to invest any further amount. The UAE Insurance Authority has set these new regulations.<\/p>\n

What is No Claims Discount Protection?<\/strong><\/h3>\n

I hope that you have now realized how NCB can be helpful in saving your investment in policy renewal.<\/p>\n

However, it\u00e2\u20ac\u2122s also important for you to know about No Claims Discount Protection. It\u00e2\u20ac\u2122s all about a special protection feature involved with your NCB.<\/p>\n

With this feature, you can rest assured of your discount in coming years even after making a claim.<\/p>\n

Thus you can keep your NCB as it is in times of policy renewal even a claim has been already presented from your side. But, some limitations will be there.<\/p>\n

Different insurance companies obey different rules for No Claims Discount Protection. So, it\u00e2\u20ac\u2122s better to ask your insurer about all the guidelines.<\/p>\n

If a policyholder meets an accident for his\/her own mistake, this feature will not be applicable. A police report for the accident is needed to claim this protection.<\/p>\n

Related : Car Insurance Cost in UAE<\/span><\/a><\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

  Are you wondering about \u00e2\u20ac\u0153No Claim Certificate\u00e2\u20ac\u009d benefits for your car insurance? Well, you\u00e2\u20ac\u2122re at the perfect place. Just keep on reading. Actually, \u00e2\u20ac\u0153No Claim Bonus\u00e2\u20ac\u009d (NCB) is a discount that a policyholder receives from the insurance provider if he\/she makes no claims throughout the policy term. As a result, the policyholder gets a […]<\/p>\n","protected":false},"author":7,"featured_media":2024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"two_page_speed":[],"footnotes":""},"categories":[65],"tags":[68,91],"class_list":{"0":"post-2022","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-car-insurance","8":"tag-car-insurance","9":"tag-no-claim-certificate"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/posts\/2022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/comments?post=2022"}],"version-history":[{"count":0,"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/posts\/2022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/media\/2024"}],"wp:attachment":[{"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/media?parent=2022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/categories?post=2022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.compare4benefit.com\/blog\/wp-json\/wp\/v2\/tags?post=2022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}