how to transfer ncd to new car malaysia

In Malaysia, transferring your No Claims Discount (NCD) to a new car is a pretty straightforward process. Firstly, you need to make sure your old car's insurance is either still valid or has been properly canceled. Then, when you're taking out insurance for your new car, just hand over your old car's insurance termination letter or NCD certificate to the insurance company or your agent. They'll check that you're eligible for the NCD and then apply that discount to your new car's policy. Generally, you have 24 months from when your old car insurance expires to complete the NCD transfer. A key thing to remember: your NCD follows you, the policyholder, not the vehicle itself. So even if you switch to a brand - new car, as long as you're the same owner and meet the criteria, you can keep enjoying those hard - earned discounts. Moreover, the longer you go without making a claim, the higher your NCD discount percentage will be – it maxes out at 55%, so keeping a clean driving record really pays off. If you own multiple cars, each one has its own separate NCD – they are not shared among vehicles. If you hit any snags during the transfer, it's best to contact your insurance company or PIAM (Persatuan Insurans Am Malaysia / Malaysian Insurance Association) for help. That way, you can make sure everything goes smoothly.