Can you use no-claims bonus from another country in Australia and UK, yes you can use no-claims bonus from another country with proof, as many Australian insurers like Budget Direct, Youi, Allianz and UK insurers like Aviva, Direct Line accept foreign no-claims bonus with proof renewal notice and claims history letter from overseas insurer showing years 1 to 6+ and no claims in last 5 years, giving 20% to 60% discount saving $160 to $900 per year on comprehensive $800 to $1,500, though some insurers may not accept or may give lower discount 20% to 30% for foreign bonus. For example, you have 5 years no claims bonus 50% discount in UK with Aviva, you move to Australia and buy car $20K, you can transfer 5 years UK bonus to Australia with proof renewal notice from Aviva UK showing 5 years no claims and claims letter showing no claims in 5 years, Australian insurer Budget Direct may accept 5 years foreign bonus giving 50% discount $500 premium on $1,000 base versus $1,000 without bonus, saving $500 per year. Some Australian insurers like NRMA may not accept foreign bonus or may give 20% to 30% introductory discount $200 to $300 saving instead of 50% $500, requiring proof translated to English and overseas insurer contact. In UK, foreign no-claims bonus from EU, Australia, US accepted by some insurers like Admiral, Aviva with proof renewal notice and claims history letter, giving 20% to 60% discount. So you can use no-claims bonus from another country with proof renewal notice and claims history letter from overseas insurer, giving 20% to 60% discount $160 to $900 saving, with most insurers accepting foreign bonus with proof, though some may give lower discount 20% to 30% introductory, so ask insurer and provide proof letter from overseas insurer showing years and claims.
1 votes
Marked as accepted