Truck Insurance Underwriting Guidelines | Truck Insurance Quotes
Commercial Motor Insurance quoting is becoming more stringent in Australia, with major Australian and International Insurers now changing the way they rate new Truck Insurance business. The changes will provide a stricter No Claims Bonus (NCB) application process for Truck Insurance Quotes , which these insurers say will improve the quality of information they collect for high sum insured risks. From 22 January 2018, some of the changes affecting Heavy Motor Vehicle classes are outlined as follows for one of the major Insurers: NCB restrictions on Heavy Motor Vehicle classes Automatic NCB levels will be adjusted, with Underwriting referral required for any NCB entitlement higher than the automatically accessible levels. Receipt of written claims history from the previous insurer will be required, before the referral is considered and will determine action ...