Like to find out about insurance

• Rep150

  4 Dec 01, 04:47

  Can anyone tell me what's 1st party or 2nd party when claiming insurance???
• hello_fromjoel

  4 Dec 01, 05:09

  First party insurance only for newer bikes- cover your bikes damage and other party's damage
  
  2nd party is like third party insur- but plus insure against fire and theft
  
  3rd party ,only covers other party damage but not your own bike.
  
  Also got excess hor
• Rep150

  4 Dec 01, 07:03

  Originally posted by hello_fromjoel:

  First party insurance only for newer bikes- cover your bikes damage and other party's damage
  
  2nd party is like third party insur- but plus insure against fire and theft
  
  3rd party ,only covers other party damage but not your own bike.
  
  Also got excess hor

  so when will the 1st party aplies?? when you apply for 1st party???
  
  
• repsol

  4 Dec 01, 09:14

  u today apply tml can get the insurance liao.
• Rep150

  4 Dec 01, 23:25

  Originally posted by repsol:

  u today apply tml can get the insurance liao.

  actually i was asking at wat kind of situation can i apply for either 1st or 2nd party.
  
• hello_fromjoel

  5 Dec 01, 09:02

  Originally posted by Rep150:

  [QUOTE]Originally posted by repsol:
  [b]u today apply tml can get the insurance liao.

  actually i was asking at wat kind of situation can i apply for either 1st or 2nd party. [/B][/QUOTE]
  
  That depends on the age of the bike. If less than 5 years old cos the accident statistics is suppose to increase with age.
  
  But do consider. First party is very ex.
  How ex your insurance is depends on the following:
  
  1.) Age: >21 years cheaper
  2.) Riding experience/ Driving experience
  3.) Any demerit pts/ court conviction in the pas THREE years.( not one year as I originally thought)
  4.) insurance company.
  5.) First/2nd /3rd party
  6.) Any rider clause
  7.) any sub riders
  8.) Any other usage of bike ( e.g attach side-cars) , for goods transport etc.)
  
  I believe only NTUC has first party. Correct me if i am wrong.
  
  Anyway , i have a huge database of accumulated data from nightless surfing of the net. On insurance and anything else abt bikes, can send an attachment to you thru email.
  = )
  
  
• Rep150

  5 Dec 01, 09:45

  Originally posted by hello_fromjoel:

  That depends on the age of the bike. If less than 5 years old cos the accident statistics is suppose to increase with age.
  
  But do consider. First party is very ex.
  How ex your insurance is depends on the following:
  
  1.) Age: >21 years cheaper
  2.) Riding experience/ Driving experience
  3.) Any demerit pts/ court conviction in the pas THREE years.( not one year as I originally thought)
  4.) insurance company.
  5.) First/2nd /3rd party
  6.) Any rider clause
  7.) any sub riders
  8.) Any other usage of bike ( e.g attach side-cars) , for goods transport etc.)
  
  I believe only NTUC has first party. Correct me if i am wrong.
  
  Anyway , i have a huge database of accumulated data from nightless surfing of the net. On insurance and anything else abt bikes, can send an attachment to you thru email.
  = )
  
  

  thanx man
  
  
• jungleboy111

  2 Jan 02, 13:49

  Originally posted by hello_fromjoel:

  That depends on the age of the bike. If less than 5 years old cos the accident statistics is suppose to increase with age.
  
  But do consider. First party is very ex.
  How ex your insurance is depends on the following:
  
  1.) Age: >21 years cheaper
  2.) Riding experience/ Driving experience
  3.) Any demerit pts/ court conviction in the pas THREE years.( not one year as I originally thought)
  4.) insurance company.
  5.) First/2nd /3rd party
  6.) Any rider clause
  7.) any sub riders
  8.) Any other usage of bike ( e.g attach side-cars) , for goods transport etc.)
  
  I believe only NTUC has first party. Correct me if i am wrong.
  
  Anyway , i have a huge database of accumulated data from nightless surfing of the net. On insurance and anything else abt bikes, can send an attachment to you thru email.
  = )
  
  

  Hi. Can I have a look at that data as well? I wanna know more about the insurance thingy also.
  Thanks.
  
• daniuge

  2 Jan 02, 20:19

  Originally posted by hello_fromjoel:

  That depends on the age of the bike. If less than 5 years old cos the accident statistics is suppose to increase with age.
  
  But do consider. First party is very ex.
  How ex your insurance is depends on the following:
  
  1.) Age: >21 years cheaper
  2.) Riding experience/ Driving experience
  3.) Any demerit pts/ court conviction in the pas THREE years.( not one year as I originally thought)
  4.) insurance company.
  5.) First/2nd /3rd party
  6.) Any rider clause
  7.) any sub riders
  8.) Any other usage of bike ( e.g attach side-cars) , for goods transport etc.)
  
  I believe only NTUC has first party. Correct me if i am wrong.
  
  Anyway , i have a huge database of accumulated data from nightless surfing of the net. On insurance and anything else abt bikes, can send an attachment to you thru email.
  = )
  
  

  my bike first party insurance leh, from mitsui one...