{"id":293,"date":"2025-09-10T01:40:22","date_gmt":"2025-09-10T01:40:22","guid":{"rendered":"https:\/\/www.keyplus.my\/general\/?p=293"},"modified":"2025-10-29T07:06:05","modified_gmt":"2025-10-29T07:06:05","slug":"how-to-transfer-no-claim-bonus-ncb-to-a-new-car-in-malaysia","status":"publish","type":"post","link":"https:\/\/www.keyplus.my\/general\/how-to-transfer-no-claim-bonus-ncb-to-a-new-car-in-malaysia\/","title":{"rendered":"How To Transfer No Claim Discount (NCD) To A New Car In Malaysia?"},"content":{"rendered":"\n

One of the best things about buying a new car is that you can utilize the No Claim Discount (NCD) that was earned from your old car.<\/p>\n\n\n\n

NCD is basically a reward from insurance companies for driving safely and not making any claims, which allows you to pay less for your insurance. This discount may be transferred by registering your new car under the same name as your previous one.<\/p>\n\n\n\n

Here is a step-by-step guide to help you understand how it works.<\/p>\n\n\n\n

Step 1: Prepare the Necessary Documents<\/h2>\n\n\n\n

Before starting the NCD transfer process, ensure that you have all the necessary documentation ready:<\/p>\n\n\n\n

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  1. Copy of your identification card (IC)<\/li>\n\n\n\n
  2. Bank account details<\/li>\n\n\n\n
  3. Old insurance policy documents <\/li>\n<\/ol>\n\n\n\n

    \ud83d\udca1Having all the necessary documentation ready will help your insurance application go through faster.<\/p>\n\n\n\n

    Step 2: Visit Your Insurance Company\u2019s Branch<\/h2>\n\n\n\n

    To initiate the transfer, please visit your insurance provider\u2019s branch.<\/p>\n\n\n\n

    For example, if your old car was insured with ABC Insurance, then you are required to visit one of their branches to complete the NCB transfer.
    Some insurance companies allow you to make requests online, but most still require you to visit in person to confirm.<\/p>\n\n\n\n

    Step 3: Fill Out The NCD Transfer Form<\/h2>\n\n\n\n

    At the branch, you will need to:<\/p>\n\n\n\n

      \n
    1. Fill out the official NCD transfer form provided.<\/li>\n\n\n\n
    2. Submit it together with your documents.<\/li>\n\n\n\n
    3. You will receive a confirmation copy of the transfer after it has been approved.<\/li>\n<\/ol>\n\n\n\n

      \ud83d\udca1 Keep this copy safe, as it will be required during future insurance renewals.<\/p>\n\n\n\n

      Step 4: Clear Any Outstanding Premiums<\/h2>\n\n\n\n

      Before transferring your NCD, you may need to settle any balance on your old car insurance policy. The amount to be paid depends on the validity of the insurance policy. However, you may skip this step if your insurance has already expired.<\/p>\n\n\n\n

      Step 5: Renew Your New Car Insurance with NCD<\/h2>\n\n\n\n

      When renewing or purchasing insurance for your new car, please make sure:<\/p>\n\n\n\n