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Contributor
Sushma Baviskar
Posts: 27
Registered: ‎23-08-2017

I am buying a second hand car in the Delhi-NCR region.

I am buying a second hand car in the Delhi-NCR region. I have zeroed in on a car that was taken very good care of by the previous owner, and he was eligible for a 50% no-claim bonus. When I get the car’s insurance transferred, will I also get the benefit of that no-claim bonus?

1 REPLY 1
Contributor
Nikhil Shetty
Posts: 23
Registered: ‎28-08-2017

Re: I am buying a second hand car in the Delhi-NCR region.

No-claim bonus is linked to the owner of the car and not the vehicle. When the car insurance is transferred, the no-claim bonus can be retained by the owner and utilized for some other vehicle.

 

The bonus does not get transferred to the new owner.