{"id":2707,"date":"2025-06-23T06:57:41","date_gmt":"2025-06-23T06:57:41","guid":{"rendered":"https:\/\/metafin.com.my\/blog\/?p=2707"},"modified":"2025-06-23T06:57:41","modified_gmt":"2025-06-23T06:57:41","slug":"no-claim-bonus-ncb-in-malaysia-how-it-helps-you-save","status":"publish","type":"post","link":"https:\/\/metafin.com.my\/blog\/no-claim-bonus-ncb-in-malaysia-how-it-helps-you-save\/","title":{"rendered":"No Claim Bonus (NCB) in Malaysia: How It Helps You Save"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">\ud83d\ude97 What is No Claim Bonus (NCB) in Car Insurance?<\/h2>\n\n\n\n<p>If you\u2019ve never made a claim on your car insurance, chances are you\u2019ve received a <strong>No Claim Bonus (NCB)<\/strong>. It\u2019s a reward from your insurer for being a safe and responsible driver.<\/p>\n\n\n\n<p>In Malaysia, <strong>NCB is a discount on your insurance premium<\/strong> when you renew your policy. The longer you go without making a claim, the higher your NCB \u2014 up to <strong>55%<\/strong> in savings.<\/p>\n\n\n\n<p>Think of it as a \u201cthank you\u201d from your insurer for not making any claims within your coverage year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83e\uddee How is NCB Calculated?<\/h2>\n\n\n\n<p>The NCB percentage increases with every claim-free year:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Claim-Free Year<\/th><th>NCB Discount (%)<\/th><\/tr><\/thead><tbody><tr><td>1st year<\/td><td>25%<\/td><\/tr><tr><td>2nd year<\/td><td>30%<\/td><\/tr><tr><td>3rd year<\/td><td>38.33%<\/td><\/tr><tr><td>4th year<\/td><td>45%<\/td><\/tr><tr><td>5th year<\/td><td>55% (Maximum)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The discount is only valid for <strong>private vehicles with comprehensive or third-party, fire &amp; theft coverage<\/strong>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\ud83d\udd01 <a href=\"http:\/\/car.metafin.com.my?src=blog_ncb\" title=\"\">Check your NCB or renew your car insurance instantly<\/a><\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">\u274c What Causes You to Lose NCB?<\/h2>\n\n\n\n<p>NCB is <strong>tied to your vehicle<\/strong>, not you. That means if you make a claim on <strong>that vehicle<\/strong>, your NCB could be reset to <strong>0%<\/strong>, even if the accident wasn\u2019t your fault.<\/p>\n\n\n\n<p>You risk losing your NCB if:<\/p>\n\n\n\n<ul>\n<li>You claim for own damage repairs under comprehensive insurance.<\/li>\n\n\n\n<li>You are at fault in an accident.<\/li>\n\n\n\n<li>You make a theft, fire, or flood damage claim.<\/li>\n<\/ul>\n\n\n\n<p>However, <strong>third-party claims<\/strong> (where the other party is fully at fault and pays for your loss) <strong>do not affect your NCB<\/strong>, provided it&#8217;s processed under the <strong>Knock-for-Knock<\/strong> agreement.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\ud83d\udca1 <a href=\"http:\/\/metafin.com.my\/car-insurance-online?src=blog_ncb\" title=\"\">Learn how Knock-for-Knock claims protect your NCD<\/a><\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udee1\ufe0f Can You Transfer Your NCB?<\/h2>\n\n\n\n<p>Yes \u2014 NCB is <strong>transferable between insurers<\/strong> in Malaysia, and even if you switch cars.<\/p>\n\n\n\n<p>You can:<\/p>\n\n\n\n<ul>\n<li>Transfer your NCB to a new car (if you sell your old one).<\/li>\n\n\n\n<li>Maintain your NCB even if you change insurance providers.<\/li>\n<\/ul>\n\n\n\n<p><strong>Important:<\/strong> You can only use your NCB on <strong>one active car<\/strong> at a time. If you own multiple cars, NCB won\u2019t apply to all \u2014 only to the one that holds the claim-free record.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udd01 NCB Reinstatement: Is It Possible?<\/h2>\n\n\n\n<p>If you lose your NCB due to a claim, some insurers may offer <strong>NCB Reinstatement<\/strong> after a period of claim-free driving. This depends on the insurer\u2019s policy.<\/p>\n\n\n\n<p>Another option is to ask about <strong>NCB Protection Add-On<\/strong> during your insurance renewal. It allows you to <strong>make one claim without affecting your NCB<\/strong> \u2014 useful if you want peace of mind.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\ud83d\udee1\ufe0f <a href=\"http:\/\/metafin.com.my\/car-insurance-online?src=blog_ncb\" title=\"\">Protect your NCB with the right insurance plan<\/a><\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcd1 How to Check Your NCB in Malaysia<\/h2>\n\n\n\n<p>Want to know your current NCB percentage? You can check via:<\/p>\n\n\n\n<ul>\n<li>Your current insurance provider\u2019s portal.<\/li>\n\n\n\n<li><a class=\"\" href=\"https:\/\/www.myeg.com.my\/\">JPJ eINSKEN portal<\/a> under the NCB Check section.<\/li>\n\n\n\n<li>Your renewal quotation summary.<\/li>\n<\/ul>\n\n\n\n<p>Knowing your NCB helps you compare insurance quotes more accurately and avoid paying more than necessary.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcb8 How NCB Helps You Save Money<\/h2>\n\n\n\n<p>Let\u2019s say your annual insurance premium is <strong>RM1,500<\/strong>. With an NCB of 55%, your new premium could be <strong>RM675<\/strong> \u2014 a massive saving of RM825 just for being claim-free.<\/p>\n\n\n\n<p>In times where fuel, food, and daily expenses are rising, this bonus really helps stretch your budget.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u26a0\ufe0f Key Tips to Maintain Your NCB<\/h2>\n\n\n\n<ul>\n<li><strong>Drive safely<\/strong> and avoid accidents \u2014 even minor ones.<\/li>\n\n\n\n<li>Consider paying small repairs out-of-pocket if they cost less than your NCB savings.<\/li>\n\n\n\n<li>Install a <strong>dashcam<\/strong> to support claims if you\u2019re not at fault.<\/li>\n\n\n\n<li>Get the <strong>right policy<\/strong> with add-ons like windscreen and NCB protection.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcdd Summary: NCB in a Nutshell<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Feature<\/th><th>Details<\/th><\/tr><\/thead><tbody><tr><td>What is NCB?<\/td><td>Discount for not making claims<\/td><\/tr><tr><td>Max Discount<\/td><td>55% after 5 years<\/td><\/tr><tr><td>Applies To<\/td><td>Comprehensive &amp; TPFT policies<\/td><\/tr><tr><td>Tied To<\/td><td>The car, not the driver<\/td><\/tr><tr><td>Transferable?<\/td><td>Yes<\/td><\/tr><tr><td>Can Lose It?<\/td><td>Yes, after making a claim<\/td><\/tr><tr><td>Protect It?<\/td><td>Yes, via NCB protection add-on<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83c\udf10 Ready to Renew &amp; Save?<\/h2>\n\n\n\n<p>Don\u2019t let a small claim cost you your NCB. Compare car insurance plans with or without NCB protection on <strong>MetaFin<\/strong> to make a smarter choice today.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\ud83d\ude97 <a href=\"http:\/\/car.metafin.my?src=blog_ncb\" title=\"\">Get quotes &amp; renew with NCB savings<\/a><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\ude97 What is No Claim Bonus (NCB) in Car Insurance? If you\u2019ve never made a claim on your car insurance, chances are you\u2019ve received a No Claim Bonus (NCB). It\u2019s a reward from your insurer for being a safe and responsible driver. In Malaysia, NCB is a discount on your insurance premium when you renew [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[88,142,145,144],"aioseo_notices":[],"gutentor_comment":4,"_links":{"self":[{"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/posts\/2707"}],"collection":[{"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/comments?post=2707"}],"version-history":[{"count":1,"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/posts\/2707\/revisions"}],"predecessor-version":[{"id":2708,"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/posts\/2707\/revisions\/2708"}],"wp:attachment":[{"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/media?parent=2707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/categories?post=2707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metafin.com.my\/blog\/wp-json\/wp\/v2\/tags?post=2707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}