Insurance ?!?!?!?!
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hI gUYs anY new P-platers jUSt bought a car n how much are you paying for your insurance????? n from which company?
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I dunno so much la... Maby u should go try out Ntuc income the insurance... Lik not bad lor...
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yours ntuc??? hmm...heard that ntuc only allow you to go certain garges to repair rite???Originally posted by ahkico:I dunno so much la... Maby u should go try out Ntuc income the insurance... Lik not bad lor... -
I drive my dad's car... I dunno he under wat kinda of insurance, but then he is insured till 3rd party coverage lor... Got many types of diff polices... mayb u should try tis website...Originally posted by siaogui:
http://www.insurancequotesmarket.com/insurance-car/car-insurance-singapore.html
dunno useful not... but u go see lor... or go search.... think u wil have a clearer idea then...
Luck!
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alrite then thksss...~~!!!!Originally posted by ahkico:I drive my dad's car... I dunno he under wat kinda of insurance, but then he is insured till 3rd party coverage lor... Got many types of diff polices... mayb u should try tis website...
http://www.insurancequotesmarket.com/insurance-car/car-insurance-singapore.html
dunno useful not... but u go see lor... or go search.... think u wil have a clearer idea then...
Luck! -
Here is another one...Originally posted by siaogui:alrite then thksss...~~!!!! 
www.axainsurance.com.sg -
yday i went HOnda. wanted to buy the Jazz.. then the SE told me, since i am 28 & i am a P-plater, my insurance is likely to cost 4k. i was like
hmm.. i heard insurance at Honda is more expensive..
then i popped over to Mitsubishi.. she said their insurance shld be <2.5k for me. she also said Honda's insurance is more expensive.. is it true?
sigh... if like tat then i definitely cannto buy HOnda already...
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it is true!!! Honda drivers / owners have to pay higher premium.....that's why Honda drivers / owners simply drive heong heong so what they pay is worth while....hahahaha
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But why is tis so leh? Honda the premium more higher?Originally posted by 2004Lancer:it is true!!! Honda drivers / owners have to pay higher premium.....that's why Honda drivers / owners simply drive heong heong so what they pay is worth while....hahahaha -
cos i heard Honda drivers are mostly boy racers.. so more accident prone.. hee.. i oso duno..
anyway, the agent jus told me today tat my insurance is 3++ wa!!!!
cos i am 27yrs old with <6mths drving experince.. is it really really tat ex?
anyway he said he cant confirm the amt.. duno wat must key into system 1st then can say.. so he can only estimate it now.. is it true? sighhhh.. -
u r old enuff. but being a p-plater realli kills.Originally posted by Lush:yday i went HOnda. wanted to buy the Jazz.. then the SE told me, since i am 28 & i am a P-plater, my insurance is likely to cost 4k. i was like
hmm.. i heard insurance at Honda is more expensive..
then i popped over to Mitsubishi.. she said their insurance shld be <2.5k for me. she also said Honda's insurance is more expensive.. is it true?
sigh... if like tat then i definitely cannto buy HOnda already...
how many yrs of carrying the license would entitle the person to lower insurance? -
hey man .. actually you can try Indian Insurance ... they give lower
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really!??! sure??Originally posted by johncooper:hey man .. actually you can try Indian Insurance ... they give lower
i did an online quote from NTUC.. walau $3700 !!!! faint.......... -
if possible...put the insurance under dad's name....much much cheaper..it saves me $1000
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kah motors is ripping us off. they try to lower the price on the car so the difference with other makes is not that great, then tie in insurance and car loan. the higher premium is due to the kickback they get from the insurance company. my premium doubled the year i got the car, just fell back to normal (half) again.
ntuc is the cheapest and you have to use an authorised workshop. but not that the ah beng at the workshop can't get around the rules for you. but the point is, insurance is something you buy but don't want to use. don't think about how troublesome it is to make a claim... think about how to _avoid_ having to make a claim in the first place
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insurance premium is based on driver's age and driving experience. True enuf, NTUC income is one of the lower cost one.
I am 22 but been driving for 2 yrs, my insurance $2.3K. Similarly if u are 40 yrs old, but a p plater, insurance will be higher. With NCD, premium will naturally drop to a max of 50%. -
This is not correct. If you are the main driver but use another person for insurance, in the event of an accident and you need to claim, you may face problems.Originally posted by jazz3011:if possible...put the insurance under dad's name....much much cheaper..it saves me $1000
Don't lose big money cos you want to save small money. I know, cos I'm an agent from NTUC Income. -
Originally posted by molebear:This is not correct. If you are the main driver but use another person for insurance, in the event of an accident and you need to claim, you may face problems.
Don't lose big money cos you want to save small money. I know, cos I'm an agent from NTUC Income.
just curious here...
lets put a senario, a person who just got his license uses his dad's name to buy a car insurance becoz its cheaper, let say its comprehensive coverage...
in the event of the accident, as long as the son is one of the named driver, will the claim be successful? dont tell me the insurance company will investigate? -
I got the qiotation from two different companies;
NTUC : S$ 1119
AXA : S$ 1831
Both excess S$ 500.
Great different!!!! -
i think it would be wiser and better for all p-plate holders to refrain from buying a car till after the p-plate period....it's not worth paying the extra insurance money....if u r young like below 25, even worse....anyway, if there is a need to drive, rent one or borrow from frds....during my p-plate period, i usually rent a car if there's a need.....
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Hmm... I so P-plater... I drivin my dad's car... He says his got 3rd party claims de... So am i covered?Originally posted by spyder:
just curious here...
lets put a senario, a person who just got his license uses his dad's name to buy a car insurance becoz its cheaper, let say its comprehensive coverage...
in the event of the accident, as long as the son is one of the named driver, will the claim be successful? dont tell me the insurance company will investigate? -
went honda b4 n they told me its $5k...Originally posted by Lush:yday i went HOnda. wanted to buy the Jazz.. then the SE told me, since i am 28 & i am a P-plater, my insurance is likely to cost 4k. i was like
hmm.. i heard insurance at Honda is more expensive..
then i popped over to Mitsubishi.. she said their insurance shld be <2.5k for me. she also said Honda's insurance is more expensive.. is it true?
sigh... if like tat then i definitely cannto buy HOnda already... -
If u were to look ard , u prob find Income's motor insurance
is pretty affordable as opposed to the others. In fact out
of 3 cars, 2.33 are insured with Income.
Opps, starting to sound like a spokeperson for them ah
Anyhow, if u guys ve specific ques u wanna noe abt motor
insurance.. can essage me k. (I work in this industry) -
Okie one thing about NTUC's insurance. I believe all of us have the right to know. It is that they have this 'lowest bidder' system.
Basically, when you kena accident, NTUC will send your vehicle to IDAC to assess all the repairs needed. After that IDAC will send out this list to all their workshops and the repair will be awarded to the lowest bidder. My concern, is such a system good? Will quality be compromised?
Secondly, if you decided to send back to KAH MOTOR (say if you buy a HONDA) or your authorised dealer for repair and the cost is $2000. NTUC will pay only up to the lowest bidder. So if NTUC's got a lowest bid for your car at $1500, you will have to top up the $500 yourself.
Overall, I would agree that as long you drive safely, NTUC is the best becos the cheapest but think abt it, in the first place, you buy insurance to have a peace of mind in case of accident, so why put urself thru problem should accidents arise?
Anyway, I am sourcing around insurance for new car...I got a quote of 1743 from NTUC and I am looking for others to compare.
For new licence holders, register under your dad is ok but you will be losing your NCD and also I am not sure whether if the car is in your name, can the insurance be in your dad's name? (anyone can advise?). If cannot, then when your P PLATE period over, it will be damn costly to transfer the name of the car to urself and then the insurance will be expensive anyway becos it will be considered the first time you own car.
Anyway, its not just Honda Cars insurance expensive. It is the type of cars u drive. You try driving a MITSUBISHI EVO and tell me the insurance is cheap hahaha...anyway, all 2 door cars or car with sun roofs will be a bit more expensive in insurance. -
don't agree. the insurance policy clearly states that authorised use by authorised driver is covered. my family never had any problems with claims, and none of the cars were ever insured in the driver's name.Originally posted by molebear:This is not correct. If you are the main driver but use another person for insurance, in the event of an accident and you need to claim, you may face problems.
Don't lose big money cos you want to save small money. I know, cos I'm an agent from NTUC Income.