Many EV owners worry about losing their No Claim Bonus (NCB) when switching insurers. Here is what you need to know.
What is NCB?
NCB is a discount that grows each claim-free year, potentially reaching 30-50% off your premium.
Can you transfer NCB between insurers?
Most insurers accept NCB transfers if you provide proof of your claim history from the previous insurer.
Which insurers accept NCB transfer?
- It depends: NCB transfer depends on each insurer's policy.
- Some do not: Roojai, for example, does not accept NCB from other insurers.
Let our PrakanEV team know if you have an accumulated NCB so we can match you with an insurer that accepts it.
Want to see the real options? Browse EV insurance for every brand we cover, with starting premiums for each model, on the PrakanEV homepage.