After you have purchased and registered a car with an insurance coverage under your name, you are entitled to No Claim Discount (NCD). If you have never had a vehicle insurance under your name, your NCD will automatically start from 0%. Upon each and every renewal, you will be entitled to an additional 10% NCD, capped at a maximum of 50%. NCD will be reduced by 30% whenever you make a claim against your own vehicle insurance policy.
For commercial vehicles and motorcycle, NCD grows at 10% for the first renewal, 15% on the second year and 20% (max) for the third and subsequent years of renewal.
Autoshield is able to provide quotation for vehicle insurance with an additional up to 20% Loyalty Discount with one of our partnered insurer. This means you can get up to 50% NCD + 20% Loyalty Discount with us. To find out more, call us at our customer service hotline at 6385 0777 or mobile 8588 9191, 8686 9991, 8688 9991, 8588 9991, 8866 9991, 8868 9991, 8668 9991. You may SMS us 24-hour around the clock and we will contact you as soon as we can.