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I have no claims bonus on my car insurance in UK which drops my premium substantially, there is possibility of me ending up in Australia...

I am sure I am not first person to move and I was wondering has anyone successfully moved their no claims bonus to Australian insurance company (or this is unheard of)?

Can no claims bonus be transferred from UK to Australia?

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    Does your insurance company operate in Australia? Have you asked them? – Greg Hewgill Dec 19 '16 at 18:29
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Yes, depending on the company.

There are several of examples online stating just this.

From the last link:

Many Australian Insurers will accept your British No Claims Discount, and some do not even need to see it, unless you have a claim.

At that point they will need it, and if you don’t have it, then technically they could invalidate your insurance, on the grounds that you gave them false information. If you have the proof, give them a copy as soon as you can to cover that eventuality.

Note however, that some Australian insurers don't have No Claim Bonuses anyway.

  • I similarly was able to use a US no-claims bonus (USAA) when I moved the the UK (Direct Line). – David Aldridge Jul 16 '17 at 9:28

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