How does NCD work in Singapore?
The first year you own your vehicle and buy vehicle insurance, your discount is 0%. The second year, ie after having completed at least 12 continuous months of insurance, you renew your vehicle insurance, your discount is 10% – assuming you do not make any claim*. * This includes a claim you make against your own policy (normally known as Own Damage Claim – if you have a Comprehensive policy), a claim others make against your policy (normally known as Third Party Claim) when it can be proven that you are at fault or partly at fault. It also includes claims for fire & theft, ie when the vehicle gets engulfed by fire totally or stolen, assuming you have bought a Comprehensive policy or a Third Party Fire & Theft policy. However, it excludes windscreen claims if you have additional windscreen coverage under your Comprehensive policy (normally it is called windscreen coverage include, unlimited windscreen coverage). This means that if you make a claim for your windscreen with this addition
