Jane Dotson
No Claim Discount (NCD) is a discount percentage given on your insurance premium for the following year if you have not made any claims on the policy for the current year. This is the insurer's way of rewarding safe drivers with a discount. Your NCD percentage increases every year up to a certain maximum percentage, depending on the vehicle, if you do not claim consecutively for years. There are various ways to check your NCD status, including online tools such as MyCarInfo and Fincrew's NCD Checker, which can provide you with your NCD status and percentage.
| Characteristics | Values |
|---|---|
| Definition | No Claim Discount (NCD) is a discount percentage given on your insurance premium for the next year if you have not made any claims on the policy for the current year. |
| Calculation | The NCD percentage increases every year up to a certain maximum percentage (depending on the vehicle) if you do not claim consecutively. |
| Transferability | NCD is tied to the driver and not the car or motorcycle. The NCD can be transferred to a new car or a new insurer. |
| Protection | NCD Protector is an optional benefit that protects your NCD for a certain percentage. |
| Reduction | NCD reduces on claims if the policyholder is at fault. |
| Online Checking | Platforms like MyCarInfo and Fincrew provide free online tools to check NCD status. |
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What You'll Learn
NCD is tied to the driver, not the vehicle
No Claim Discount (NCD) is a motor insurance premium discount given to you if you have not had a claim made against or by you in the previous policy year, provided your insurance is for more than one year. It is a way to reward safe drivers with a discount. The longer you go without filing an insurance claim, the higher the NCD percentage you will get. NCD is tied to the policyholder, who must be the registered owner of the vehicle. If you sell your existing vehicle and purchase a new one, you can transfer your NCD from your existing vehicle to the newly purchased vehicle, as long as you are the registered owner of the new vehicle. Such transfers only apply between the same vehicle class, e.g. car to car, or motorcycle to motorcycle. If you own more than one vehicle, each vehicle will have its own individual NCD.
NCD is not tied to the vehicle, but to the driver. So, if you have been driving for five years and gained a 50% NCD, and then switch to a different car, you will retain your NCD. However, if you own two or more vehicles, the NCD for each vehicle is different. Your NCD starts from zero if you own a second car. If you have been driving a company car and then buy a personal car, you will be allowed to transfer the NCD if you can show the number of "claim-free" years with a letter from the HR department of your employer or from the leasing company if the car is leased.
You can check your NCD status online on MyCarInfo for free. You will need to have your IC number and vehicle number ready, as you will be required to provide an NRIC number that matches the vehicle ownership database maintained by JPJ.
It is important to note that NCD is not a permanent fixture and can be affected by certain events. For example, if you are involved in an accident that is deemed to be your fault, your NCD entitlement will revert to 0% at the next renewal, and you will need to start claiming free again to build up your NCD. Additionally, if you do not renew your car insurance within 1 to 2 years, you will lose your NCD. However, you can purchase additional protection for your NCD, known as NCD Protector, which allows you to make a claim while still maintaining your NCD.
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NCD protection
No Claims Discount (NCD) is a discount percentage given on your insurance premium for the following year if you have not made any claims on the policy for the current year. This is the insurer's way of rewarding you for being a safe driver. Your NCD increases every year up to a certain maximum percentage, depending on the vehicle, if you do not claim for consecutive years. With every claim, the discount may either drop or remain flat.
Some insurers sell NCD protection cover if you have a good record of no claims. If you opt for this benefit and remain with the same insurer, they will help you protect your NCD. However, NCD protection may not be transferable to another insurer. It is important to check carefully and understand how the NCD protection cover works before purchasing it.
You can check your NCD status online on MyCarInfo for free. This includes NCD status for motorcycles and rental vehicles.
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NCD and windscreen insurance
No-Claim Discount (NCD) is a discount percentage given on your insurance premium for the following year if you have not made any claims on the policy for the current year. This discount is the insurer's way of rewarding you for being a safe driver. Your NCD increases every year up to a certain maximum percentage (depending on the vehicle) if you do not claim consecutively for years. With every claim, the discount may either drop or remain flat.
NCD Protector or NCDP is an extra optional benefit or premium you pay to protect your NCD. Certain insurers allow you to protect your NCD if it's 30% or more, while others will only allow protection if it's at 50%. By paying a small amount of extra premium, you can make one claim within the period of insurance and still have the NCD fully protected.
If you have included windscreen insurance, you can claim your windscreen replacement from your insurer without it affecting your NCD. However, if you don't have additional windscreen insurance, you can ask your insurer to cover the cost of the windscreen, but this will impact your NCD as it is considered a claim against your primary car insurance policy. Alternatively, you can use your personal funds to replace a windscreen, which will not impact your NCD.
Checking your NCD status is important to keep updated on where you stand. Currently, your NCD cannot be checked with open-to-public free tools, but you can check it online on MyCarInfo for free.
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NCD and accidents
No Claim Discount (NCD) is a discount on your insurance premium for the next year if you have not made any claims on the policy for the current year. This is the insurer's way of rewarding you for being a safe driver. Your NCD increases every year, up to a certain maximum percentage, if you do not claim consecutively. With every claim, the discount may drop or remain flat. The longer you go without filing an insurance claim, the higher your NCD percentage will be.
If you are not at fault for an accident, your NCD will not be affected as the claim will be made against the other driver. However, if you are at fault, your NCD will be reduced. In the case of a hit-and-run, the police must determine the fault of the other party before you can make a claim that does not affect your NCD. If the police cannot determine fault, you will have to make a claim that will reset your NCD to 0%.
You can protect your NCD by purchasing NCD Protection or NCD Protector, which is an extra premium you pay to maintain your NCD even if you make a claim. Certain insurers allow you to protect your NCD if it is above 30%, while others will only protect an NCD of 50% or above. NCD Protection may not be transferable to another insurer.
To check your NCD rate, you can use a free service such as MyCarInfo, which will require your IC number and vehicle number. You can also check your NCD online by clicking 'Get My NCD Record' and providing certain details.
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How to check NCD online
No Claim Discount (NCD) is a strong indicator of the risk factor level that you pose to your insurer. The higher your NCD, the better the discount you’re likely to get.
You can check your NCD rate online through a website called MyCarInfo. This site lets you check details, such as your next NCD percentage, NCD effective date, and policy cover period, among others, for free. Here’s how you can get these details:
- Key in your Vehicle Registration Number and ID Number (NRIC).
- Check the box to accept the terms and conditions as well as the “I’m not a robot” CAPTCHA.
- After keying in all the required details, click “Get My NCD Report” to view your NCD rates and other details.
Checking this report from time to time helps people maintain safe driving to continue enjoying the NCD. It can also provide a sense of security for vehicle owners to check if there are any unauthorised claims submitted against their policy, especially if multiple drivers use the same insured vehicle.
Additionally, you can use the Fincrew NCD Checker to make your motor insurance experience more accessible and understandable. This tool helps you make a thorough NCD inquiry to see what you’re entitled to and when.
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Frequently asked questions
NCD stands for No Claim Discount. It is a discount percentage given on your insurance premium for the following year if you have not made any claims on the policy for the current year.
You can check your NCD insurance online. One way is to use the Fincrew No Claim Discount (NCD) Checker. You will need your Plate Number or Registration Number and Passport Number. Another way is to use MyCarInfo, which is free. You can click 'Get My NCD Record' and then enter your details to check your NCD status.
You can still enjoy your NCD if you change to a new insurance provider. Your NCD will be transferred to your new insurer.
