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What happens if you Switch Insurers While Renewing Car Insurance?
When switching insurers, the accumulated NCB can usually be transferred to the new car insurance provider and policy.
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The NCB transfer process of No Claim Bonus Benefits to the new car's policy is simple and easy. Even if a policyholder decides to shift the policy to a different insurance provider due to service or other issues, the NCB of the previous plan can be transferred to the new insurer. In this case, the policyholder will need to follow certain procedural formalities.