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Transferring Car Insurance from One Person to Another

The Car Insurance Transfer Process

Once the car is bought by the new owner, the policy of the previous owner does not remain valid.

According to the Insurance Regulatory and Development Authority of India, in case motor insurance claim has to be filed, the name and address on both the registration and insurance documents have to match.

This is required because in case of an emergency, it comes handy for the new owner to recover cost of damages. In addition, failure to insure one’s vehicle can result in denial of a claim.

Along with transfer fee, the following documents as required for car insurance transfer:

  •     New copy of the registration certificate/form 29.
  •     Old policy document.
  •     No Objection Clause (NOC) from the previous policy holder.
  •     New application form.
  •     Inspection Report (to be carried out by the insurance company).
  •     No Claims Bonus difference amount.

No Claims Bonus

In the process of selling a used car, while the previous owner signs over the registration and insurance details, there is an important exception to the car insurance transfer process: the No Claims Bonus (NCB).

While car insurance can be transferred to the new owner, the NCB can never be transferred to any other party.

The Following Documents are required for the NCB Retention Letter:

The insurer will ask for the following documents to issue the NCB retention letter:

  •     Request letter for policy cancellation.
  •     Original policy copy and certificate of insurance (also called Form 51).
  •     Form 29 (notice of transfer of ownership of a motor vehicle).
  •     Form 30 (application for intimation and transfer of ownership of a motor vehicle).
  •     Photocopy of registration certificate book with name of the new owner.
  •     Proof of delivery of car to the new owner.


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