Can I transfer the No Claim Bonus (NCB) of a motor insurance policy to a new owner?

Can I transfer the No Claim Bonus (NCB) of a motor insurance policy to a new owner?

When selling your vehicle, you must transfer the associated insurance as well. This is because motor insurance is tied to the vehicle, not the owner. Failing to transfer the insurance policy can lead to legal issues if any damage involves a third party.  While transferring a motor insurance policy, one of the common concerns is … Read more

Insurance for electric vehicles (EVs): What all to consider before buying specific covers; check details here

Insurance for electric vehicles (EVs): What all to consider before buying specific covers; check details here

Insurance for electric vehicles: Electric vehicles or EVs are gradually gaining popularity in the Indian market. Official data shows that electric vehicles (EVs) accounted for more than 6 per cent of vehicle sales in India in 2023, with electric two-wheelers (E2Ws) constituting over half of the market. Around 5 years back, it was around 1 … Read more