02:54 Dec 13, 2016 |
German to English translations [PRO] Bus/Financial - Insurance / Insurance Letter | |||||||
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| Selected response from: Michael Martin, MA United States Local time: 02:08 | ||||||
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Summary of answers provided | ||||
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5 | Approving the No claim Bonus (NCB) |
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3 +2 | We won't permit/allow no-claims discounts to be transferred.. |
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Approving the No claim Bonus (NCB) Explanation: could also be "No Claim Discount" |
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We won't permit/allow no-claims discounts to be transferred.. Explanation: ..to other insurance providers "It's worth asking, but most UK insurers don’t allow NCB built overseas to be transferred to a UK car insurance policy due to different driving laws and the administration involved." https://www.confused.com/motor-insurance/your-cover/car-insu... -------------------------------------------------- Note added at 8 hrs (2016-12-13 11:16:15 GMT) -------------------------------------------------- This actually strikes me as a somewhat silly statement. Each insurance company will have its own setup of discounts and will either match or not match the discounts offered by the previous provider. The initial provider has no control over that. But perhaps I am missing something here... |
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6 hrs peer agreement (net): +1 |
Reference Reference information: I think your interpretation (& michael's translation) is correct, but not to do with overseas transfers: only one car can have a no claims bonus; the insurance company where that car is insured will not release the NCB to others. (see e.g. http://www.gutefrage.net/frage/ich-habe-ein-neues-auto-auf-n... (reading more online I discover that (unscrupulous) german insurers can sell/transfer your NCB to someone else??) |
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