Page 392 - Motor Insurance Ebook IC 72
P. 392
The Insurance Times
is the basis of "1 trailer towed" and this must be
applied to all trailers. The premium so calculated
must be charged on all trailers owned by and/or in
possession of the insured. The same principle is to
be applied in cases where not more than two, not
more than three, (as the case may be), trailers are
towed at a time.
2. Rates prescribed for Trailers under Tariff for
Miscellaneous and Special Types of Vehicles- Class
"D" are in respect of Trailers attached to special
types of vehicles. Such trailers are not to be rated
under this Tariff.
3. For the purpose of considering No Claim Bonus
(NCB), in respect of accidents involving the towing
vehicle and/or trailer(s) irrespective of whether one
or more is/are damaged or give(s) rise to liability,
the following clause is to appear in all policies
covering either the towing vehicle(s) with trailer(s)
or trailers separately: "It is hereby declared and
agreed that for the purpose of No Claim Bonus
(NCB) the towing vehicles and the trailer(s) whilst
attached thereto shall be treated as a single unit
and any claim made or arising in respect of one
section of the unit will affect the Bonus entitlement
of both sections of the unit."
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