Introduction
The No Claim Discount (NCD) is one of the most effective ways to reduce your insurance costs. In this article, you’ll learn how long NCD remains active after selling a car, what steps keep the discount intact, and how BJAK helps you protect your NCD throughout the entire process.
1. NCD Validity Period After Selling a Car
- NCD generally remains active for up to one year after the policy ends or the car is sold, as long as you don’t activate a new policy during that period.
- If there is no gap exceeding one year, drivers can transfer the NCD to a new car or apply it to a new policy.
- If you let the gap exceed one year, your NCD may drop a level or be lost entirely, depending on your insurer’s policy rules..
2. How to Maintain NCD After Selling a Car
- Transfer to a New Car: Apply NCD to a new policy before purchase or renewal.
- NCD Withdrawal Endorsement: If the old policy is still active, request an endorsement to release the NCD.
- Complete Documentation: Keep receipts and confirmation letters from the old insurer to facilitate the process.
3. BJAK Tips to Protect Your NCD
- Check NCD Online: BJAK allows fast verification of NCD status before transferring to a new policy.
- Plan Your New Car Purchase: Avoid long gaps to prevent NCD from dropping a level.
- Choose a New Insurer with BJAK: Easily compare, select the best policy, and manage NCD transfer without risking loss of discount.
Conclusion
Drivers can keep their NCD active after selling a car by following the correct process. With BJAK, you can verify your NCD, manage endorsements, and transfer it to a new policy before purchase or renewal, maximizing how long NCD remains active while preserving premium discounts and maintaining full insurance protection.
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