No Claim Discount (NCD) for Car Insurance
A No Claim Discount (NCD) is a discount on your car insurance premium if you haven't made any claims on your policy during the current period of insurance. You may still be entitled to a NCD even if you have made a claim, provided you are not liable for the accident.
About NCD for Car Insurance
By default, If you have been driving as a Named driver on somebody else's car insurance policy, you are NOT entitled to any NCD.
If you have been driving a company car and you then buy a personal car, you will be allowed to transfer the NCD if you can show the number of "claim-free" years you have with a letter from the HR department of your employer or from the leasing company, if the car is leased.
If you are a foreigner / expatriate living in Singapore, you may be entitled to a NCD, if you can provide a letter from your last insurance company stating that you've been insured over the last 12 months and the number of "claim-free" years.
NCD is tied to the policyholder who must be the registered owner of the car. If you sell your existing car and buy another one, you can transfer the same NCD from the existing car to the newly purchased car. If you own more than one car, you will have an individual NCD for each car.
How to check your NCD level for car insurance
| If you've had zero claims for the last: | NCD level: | Premium discount: |
|---|---|---|
| one (1) year | NCD10 | up to 10% |
| two (2) consecutive years | NCD20 | up to 20% |
| three (3) consecutive years | NCD30 | up to 30% |
| four (4) consecutive years | NCD40 | up to 40% |
| five (5) consecutive years | NCD50 | up to 50% |
| ten (10) or more consecutive years | NCD60* only at DirectAsia | up to 60% only at DirectAsia |
*If you have held NCD50 for at least the last five (5) consecutive years, you qualify for an additional saving exclusively with DirectAsia. Learn more.
Reduction in your No Claim Discount
When an accident occurs, your NCD for your car insurance will be reduced as described in the table below. Please declare the NCD according to your situation:
| Without the optional ‘NCD Protection’ cover | ||
|---|---|---|
| Your current No Claim Discount | Your reduced No Claim Discount | |
| if you make 1 claim | if you make 2 or more claims | |
| NCD60 | NCD20 | NCD0 |
| NCD50 | NCD20 | NCD0 |
| NCD40 | NCD10 | NCD0 |
| NCD0 - NCD30 | NCD0 | NCD0 |
Transfer of your NCD
Your NCD is not transferable to another person. However you can transfer your NCD from one car to another.
For example: You've sold your 10 year old car and purchased a brand new one. You can transfer your existing NCD from your old car to the new car. If you bought a second car, you can decide which car will benefit from the NCD you've earned on your first car.
If you do not report an accident
If you do not report an accident to us within 24 hours or by the next working day and/or do not provide your car to us for inspection in accordance with the terms of the Motor Claims Framework, we may reduce your No Claim Discount upon renewal of your policy by a further additional 10%.
Frequently Asked Questions
I've been a named driver on someone else's insurance, can I still get a NCD?
If you have been a named driver on someone else's insurance, you are not entitled to any NCD.
But if you have been driving a company car and you then buy a personal car, you would be allowed to transfer the NCD provided you can show the number of claims' free years you have with a letter from the HR department of your employer or from the leasing company.
Can I protect my No Claim Discount (NCD)?
If you select NCD Protector Plus under our optional benefits then we will protect your No Claim Discount (NCD), when you make up to one claim under your policy and if you renew with us. Only applicable for NCD30, NCD40, NCD50 and NCD60 only.
What is the meaning of NCD?
An NCD is a discount that we offer you on your renewal premium if there are no claims on your policy during the current period of insurance. You may still be entitled to a No Claim Discount even if you have made a claim, provided you are not liable for the accident and that you have been insured with us for the past 12 months.
Is the NCD tied to the Policyholder or the Vehicle?
NCD is tied to the Policyholder who will also be the owner of that respective vehicle.
Can I transfer my NCD to another vehicle if I sell my current vehicle?
Yes, 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 so long as you are the registered owner of the new vehicle.
Such NCD transfers only apply between the same vehicle class, e.g. Car to Car, Motorcycle to Motorcycle.
What happens if I own multiple vehicles?
If you own more than one vehicle, each vehicle will have it’s own individual NCD. You may choose to retain your vehicle’s existing NCD or transfer to any newly purchased vehicle of the same vehicle class, e.g. Car to Car, Motorcycle to Motorcycle.
Note that your earned NCD for one vehicle will not automatically apply across all vehicles that you own.
What is NCD Protector Plus? How does it work for my car insurance?
NCD Protector Plus is an optional benefit to add on to your Car Insurance. It is only applicable for customers with NCD30/ 40/ 50/ 60, the NCD Protector Plus provides an opportunity for customers to protect or advance their NCD status for a nominal fee.
With NCD Protector Plus, customers can still advance to the next NCD level the following year even with 1 claim. Most insurers will only allow you to maintain your NCD status when you have a claim. Read more here.