Author Topic: motor insurance due  (Read 15885 times)

Offline just

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motor insurance due
« on: April 16, 2008, 10:21:12 PM »
my insurance due early May, premium all  going up..Aig quote me $1405 with 10% NCB. NTUC $1322 can go TC for repair. Any good and cheaper recommendation?


NewLatioOwner

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Re: motor insurance due
« Reply #1 on: April 17, 2008, 06:10:48 AM »
Hi Bro, my current insurance is under AIG, also due early May, they quote me $1748 (after 10% NCD), how come so much difference :confused1:? I'm also looking for cheap recommendation.

Offline a40x

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Re: motor insurance due
« Reply #2 on: April 17, 2008, 06:46:47 AM »
I signed up with Tenet Insurance after my AIG expire(was quoted about $1500++ from AIG) in March, was quoted $1096 w/o adding my wife name. After adding comes up to about $1200.

HumbleCar

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Re: motor insurance due
« Reply #3 on: April 17, 2008, 12:53:24 PM »
There are some bros at NEC forum who are in the insurance industry.  No harm checking with them for comparison.  Think some of them offers further discount (-- not sure is it from their own commission).

Offline totallypatrick

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Re: motor insurance due
« Reply #4 on: April 17, 2008, 01:05:45 PM »
my insurance due early May, premium all  going up..Aig quote me $1405 with 10% NCB. NTUC $1322 can go TC for repair. Any good and cheaper recommendation?



AIG also quoted me $1405. NTUC quoted me $1138 can go back to Tan Cheong for repair. $900 plus cannot go back Tan Cheong for repair

Offline lyh1280

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Re: motor insurance due
« Reply #5 on: April 17, 2008, 01:22:49 PM »
There are some bros at NEC forum who are in the insurance industry.  No harm checking with them for comparison.  Think some of them offers further discount (-- not sure is it from their own commission).

It depends on your insurance agent also, try to use a regular 1 (where u bot ur PA, Life insurance, etc), then u can get better deals. I normally have further discount (eg. NTUC Vouchers or cash rebate) fr my agent "own commision", after deducting all the discounts given fr the insurance co. Of cos ur agent got to giv willingly, cant force them oso as they need to earn oso..
Simple...

Offline just

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Re: motor insurance due
« Reply #6 on: April 17, 2008, 09:26:12 PM »
AIG also quoted me $1405. NTUC quoted me $1138 can go back to Tan Cheong for repair. $900 plus cannot go back Tan Cheong for repair
AIG the same price but how come your NTUC quote is cheaper than mine. My NTUC quote is given by Automega.. Will check out others insurance for quote....

thanks

NewLatioOwner

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Re: motor insurance due
« Reply #7 on: April 22, 2008, 09:43:26 AM »
How come you guys can get so low quotation?  :confused1:

Same coverage, AIG quoted me $1576, NTUC Drivo Premium $1507, 10% NCD,

Does number of years of driving experience play a part?

For my case, I just became non P-plater two months back. P-plate still on my windscreen.  ;)

Any bro here can give comment?

Offline totallypatrick

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Re: motor insurance due
« Reply #8 on: April 22, 2008, 10:09:17 AM »
I bought the car using my mum's name although she don't have any license. Tat's why cheaper and more than 10 yrs of driving experience.

Offline robtan99

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Re: motor insurance due
« Reply #9 on: April 22, 2008, 10:53:14 AM »
my insurance due early May, premium all  going up..Aig quote me $1405 with 10% NCB. NTUC $1322 can go TC for repair. Any good and cheaper recommendation?



for my case, AXA quote me for renewal with NCD 20% and using thier premium workshop and excess damage of $250,  the premium is $1148.  I am still asking my colleague to source me a better ones.  Every year renewal always higher than what i pay for previous yr.... the more you drive, the more expensive is the premium....

HumbleCar

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Re: motor insurance due
« Reply #10 on: April 22, 2008, 01:49:51 PM »
I bought the car using my mum's name although she don't have any license. Tat's why cheaper and more than 10 yrs of driving experience.
Hi Bro, don't understand your post.  Your mum has no license yet you mentioned more than 10 years of driving experience.  Thought one of the deciding factors of the premium is based on the number of years of driving experience of the owner?

Offline Jazz

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Re: motor insurance due
« Reply #11 on: April 22, 2008, 08:20:33 PM »
I bought the car using my mum's name although she don't have any license. Tat's why cheaper and more than 10 yrs of driving experience.

No license able to purchase car ?  :blink:

HumbleCar

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Re: motor insurance due
« Reply #12 on: April 22, 2008, 09:15:10 PM »
No license able to purchase car ?  :blink:

Possible.  Employ ahmah can already.  But in that case, don't know how they compute premium.

Offline Jazz

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Re: motor insurance due
« Reply #13 on: April 22, 2008, 10:21:18 PM »
Possible.  Employ ahmah can already.  But in that case, don't know how they compute premium.

Oh, did not cross my mind.  :D

Offline totallypatrick

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Re: motor insurance due
« Reply #14 on: April 22, 2008, 10:30:30 PM »
Premium based on age loh. No license can buy cars. Got money can already.. haha.

cheewahwah

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Re: motor insurance due
« Reply #15 on: April 22, 2008, 11:48:35 PM »
I just switched from AIG (quote me $1600++ with 10% NCD, $500 excess, any workshop) to DriveShield ($1260+ with 10% NCD, $500 excess, any workshop) + free $150 petrol voucher, so actual cost only around $1110+. DriveShield is from DBS but it actually ties up with MSIG.

Also engaged someone that helped me source for multiple insurances to find the 'best' deal, but didn't find any that can beat DriveShield which I found on my own.

Get an instant online quote here if you are interested.

http://www.dbs.com.sg/sg/personal/insurance/driveshield/

 :thumbsup:

Offline skycurler

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Re: motor insurance due
« Reply #16 on: April 23, 2008, 02:59:40 AM »
Hi all,

Can try India Insurance. Quite cheap quotation.
Need to ask them details of the coverage for the insurance.

I got my insurance from them, about $300(after 50% NCD) cheaper as compare to NTUC and AIG

http://iii.com.sg/

Offline jimmyng

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Re: motor insurance due
« Reply #17 on: April 23, 2008, 09:46:15 AM »
Hi guys

What about EQ insurance? reliable? I m using AIG now. Renewal at $1405 with 10% NCD.

Or any other Insurance company to recommend?

Jimmy

HumbleCar

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Re: motor insurance due
« Reply #18 on: April 23, 2008, 11:21:08 PM »
Besides premium, also need to consider other factors.  For instance, NTUC still need Idac check, can be more troublesome.  This is unlike the recent announcement in the papers where some insurance companies will do away with Idac starting from May and will do all the necessary paper work.  (Touch wood), if kenna, just need to call the insurance company and it will do all the necessary paper work, including maybe give you a replacement car for use in the meantime.  Some of the companies mentioned by some bro/sis are not so well known.  Not sure any problem when need to make claims.

Offline harper

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Re: motor insurance due
« Reply #19 on: April 24, 2008, 09:50:56 PM »
my insurance is due this coming may too... anyone heard of vitesse solutions? just got a quite from them 900+ and the cheapest among all others...