Insurance Premium Increment
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oh ya
ntuc online quotation thingy not accurate one.
online they quote me $500.
go down in person better.
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press for NOS
--->> O <<--- -
I heard that Mitsui not covering for fairing bikes liao, gotto change to NTUC. I heard very difficult to claim one. 1 guy tried to claim for his super 4 but got rejected until have to go to court. And the insurance for 1st party is $600 over for 2b bikes. Think gotto get 2nd party better
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I am lost with the pt system....So how do I know how much my insurance costs when i calculated my pts?
Any chart or table for that? -
go to http://www.income.com.sg/i-insurance/index.asp?login=0
[This message has been edited by Rep150 (edited 22 March 2002).] -
Can I say something...KEKE...From what I know...There no such thing as 2nd party insurance...What the bike shop is telling is actually or maybe fake....Their 2nd party is onli add fire and thief on 3nd party but the price is diff...Why dun u all try going to ask how much 2nd party insurance cost and then ask 3rd party but add fire and thief cost how much???After asking the price then ask the diff between these two...Like what they cover...The diff in $$$ may not be big but in long term it will hurt ur pocket...This is what i know as i was fool by bike shop b4...I may be wrong abt this...As this is onli a advice to fellow bikers...U may want to try asking....Keep me update on the result......
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4Stokes rules the world.....Mess with best and die like the rest....................This is a computer generated letter,no signature is required. -
i just did the online quotation...
exactly the same amt i paid for the 2nd year...
$497...
Cover Type: Comprehensive
Insured's Age: 21 to 25
Driving Experience: Over 2 Years
Occupation: Indoor
Model: Honda
Vehicle Registration No:
Year of Registration: 1999
Capacity: 100 to 199cc
No of Riders: Less than 3
Usage: Private Bike
Claims Experience: Nil
Excess: S$250
GST is absorbed by NTUC Income
Gross Premium: S$497
This is a standard quotation, valid for 60 days and subject to NTUC
Income's acceptance.Originally posted by nismoS132:
dun believe you go down see loh.
when they calculate your insurance premium, they assign you points for every detail.
the higher the points, the higher the premium.
this are how points are assigned.
[b]types of insurance
1st party --> 61
TPFT (3rd party, fire and theft) --> 36
3rd party --> 25
age of insurer
below 21 --> 20
21-25 -> 16
26-27 -> 10
28-30 -> 4
30+ and own car --> 0
driving experience
0-1yr --> 8
1-2yr --> 4
over 2yrs --> 0
claims experience
<5k --> 0
5k-10k --> 5
10k - 15k --> 10
15k-20k --> 15
20k+ --> *special*
this are the ones i have on paper.
now these are the ones i remembered.
vehicle model
aprilia --> 22
daewoo --> 18
ducati --> ??
kawasaki --> ??
honda/yamaha/suzuki/cagiva/others --> 10
vehicle CC
100-299cc --> 8
my points were 74, my premium costs $267.
if soundless says his points are 133, at ntuc, his premium would be $1580 for 1 year.
TPFT(36) + above 21 yr(16) + 1-2yr driving experience (4) + vehicle model [honda(10)] + engine cc [250(
] = 74.
[/B] -
er actually 2nd party means TPFT loh, it means 3rd party FIRE N THEFT. then 1st party is actually call comprehensive (means bao kao liao).Originally posted by Alvin rider79:Can I say something...KEKE...From what I know...There no such thing as 2nd party insurance...What the bike shop is telling is actually or maybe fake....Their 2nd party is onli add fire and thief on 3nd party but the price is diff...Why dun u all try going to ask how much 2nd party insurance cost and then ask 3rd party but add fire and thief cost how much???After asking the price then ask the diff between these two...Like what they cover...The diff in $$$ may not be big but in long term it will hurt ur pocket...This is what i know as i was fool by bike shop b4...I may be wrong abt this...As this is onli a advice to fellow bikers...U may want to try asking....Keep me update on the result......
the difference between TPFT and 3rd party is that, 3rd party only protect you knock other ppl. TPFT protect you knock others, as well as bike kena stolen and bike kena burn.
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press for NOS
--->> O <<--- -
i do online quotation not accurate one, online quote me $500 leh.Originally posted by sunnyday:i just did the online quotation...
exactly the same amt i paid for the 2nd year...
$497...
i go down they quote me $267. no matter how i play wif the online thing, i can't get $267.
somemore you are above 21, and no longer p plate, how can compare your own insurance wif those newbie bikers.
but it's true, right now newbie biker redo insurance got 1.5k liaoz.
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press for NOS
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den in my case how? coz when i'm going to renew insurance that time (about 3 more months) my probation period over...thus i'll be considered to have >1 years riding experience rite?Originally posted by nismoS132:i do online quotation not accurate one, online quote me $500 leh.
i go down they quote me $267. no matter how i play wif the online thing, i can't get $267.
somemore you are above 21, and no longer p plate, how can compare your own insurance wif those newbie bikers.
but it's true, right now newbie biker redo insurance got 1.5k liaoz. -
Originally posted by hideto09:
hmmmm
[Bden in my case how? coz when i'm going to renew insurance that time (about 3 more months) my probation period over...thus i'll be considered to have >1 years riding experience rite?
[/B]
i think is 0-1 yr exp.
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press for NOS
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if u like that say...i must really thank myself for being old...for once...otherwise paying $1.5K for insurance...almost 1/4 of the bike price liao...ridiculous amount if u ask mi...Originally posted by nismoS132:i do online quotation not accurate one, online quote me $500 leh.
i go down they quote me $267. no matter how i play wif the online thing, i can't get $267.
somemore you are above 21, and no longer p plate, how can compare your own insurance wif those newbie bikers.
but it's true, right now newbie biker redo insurance got 1.5k liaoz. -
Henry i still dun get u....Isn't it the same meh...Originally posted by nismoS132:er actually 2nd party means TPFT loh, it means 3rd party FIRE N THEFT. then 1st party is actually call comprehensive (means bao kao liao).
the difference between TPFT and 3rd party is that, 3rd party only protect you knock other ppl. TPFT protect you knock others, as well as bike kena stolen and bike kena burn. -
ok... if you buy 3rd party only, the means your bike kena stolen or kena burn. you cannot get money back. only you knock ppl that time, they can claim against you. that is 3rd party.Originally posted by Alvin rider79:Henry i still dun get u....Isn't it the same meh...
if you buy TPFT, then your bike kena stolen/burn, you CAN get money back. you knock ppl, they oso can claim your insurance.
2nd n 3rd party don't have excess.
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press for NOS
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okay...so let say if i buy 3rd party then i bang into ppl...Then who pay...Ha...Ha...Ha...
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4Stokes rules the world.....Mess with best and die like the rest....................This is a computer generated letter,no signature is required. -
insurance company loh, then you no need come out a single centOriginally posted by Alvin rider79:okay...so let say if i buy 3rd party then i bang into ppl...Then who pay...Ha...Ha...Ha...
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press for NOS
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Ha...Ha...ha...I got it aready...Read wrongly....What u are trying to say is the same as what i say...Onli using diff words...
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4Stokes rules the world.....Mess with best and die like the rest....................This is a computer generated letter,no signature is required. -
I went to the website and check it out...Originally posted by Rep150:go to http://www.income.com.sg/i-insurance/index.asp?login=0
[This message has been edited by Rep150 (edited 22 March 2002).]
Cover Type: Comprehensive
Insured's Age: 21 to 25
Driving Experience: 0 to 1 Year
Occupation: Indoor
Model: Honda
Vehicle Registration No:
Year of Registration: 2000
Capacity: 100 to 199cc
No of Riders: Less than 3
Usage: Private Bike
Claims Experience: Nil
Excess: S$250
Gross Premium: S$630
How come you all say that SP insurance costs close to $1k? Or is the online quotation not accurate? There's a lot of difference between 600+ and 1k+.... -
but honda cb 125 and honda sp like that same ah??Originally posted by jungleboy111:I went to the website and check it out...
Cover Type: Comprehensive
Insured's Age: 21 to 25
Driving Experience: 0 to 1 Year
Occupation: Indoor
Model: Honda
Vehicle Registration No:
Year of Registration: 2000
Capacity: 100 to 199cc
No of Riders: Less than 3
Usage: Private Bike
Claims Experience: Nil
Excess: S$250
Gross Premium: S$630
How come you all say that SP insurance costs close to $1k? Or is the online quotation not accurate? There's a lot of difference between 600+ and 1k+.... -
my insurance is also expiring in 3 months time. If really so ex then i might change bike liao... can pay 1/4 bike oreadi. too ex. wat is the meaning of excess? wats the diff between comprehensive, 2nd and third party...? third party oni can claim if u knock pple... pple knock u? or cause u accident but he din kena can claim? then 2nd is include fire and theft... if oni some parts kena stolen can claim? not whole bike kena stolen? then which insurance company betteR? i wif china now... i online quote NTUC its $700+ lei...