Author Topic: Which car insurance you guys are holding? (Read 21073 times)

josho · « **on:** February 13, 2009, 11:55:40 AM »

As my car insurance going to end on April, wondering which insur you guys gotten?

Mine is 2nd hand Latio (3yrs), 7 yrs having license and 28 yrs old. Gotten Ntuc for $1700 last year and planning to look for car insurance now. Currently waiting for Maybank to send me the information via post. Aint sure how much of NCD I will get tho.

foofam77 · « **Reply #1 on:** February 14, 2009, 06:18:13 PM »

hello all

i am with EQ now...insurance due for renewal in Mar 09...

based on the latest quotation received for EQ, i was quoted $1258.

lady (under my wife's name)
32
upcomng NCD 20%
latio sedan 2 yrs old
driving experience 8yrs
never claim before

It appears to be abit too high...last yr's premium was only 900+. (excess 500).

anyone with lobang, pls pm me...

thanks

skxly · « **Reply #2 on:** February 14, 2009, 08:07:27 PM »

Mine is from AIG for the TC purchase discount. My previous ride is through AXA via Automobile Assoc. If you are an AA member, get a quote for comparison. You should consider your needs since all plans are quite different - I go for cost minimization.

gh05tss · « **Reply #3 on:** February 14, 2009, 09:41:04 PM »

Mine is AIG but just sign up with Aunty Lucy

josho · « **Reply #4 on:** February 14, 2009, 11:35:58 PM »

Think i need to go ard asking for quotation liaoz.....

HumbleCar · « **Reply #5 on:** February 15, 2009, 09:20:32 PM »

When bought car last year, TCM throw in free insurance with AIG. Just received renewal notice from AIG. The premium $1000+, excess $500. Checked with NTUC, terms about the same, quoted me about $200 cheaper for $500 excess. If zero excess, premium exactly $1000 (still cheaper than AIG). Did not check with some lesser known insurance companies. Think some bros got even better deal with these lesser known insurance companies. But personally, prefer to deal with bigger and more well known key players.

foofam77 · « **Reply #6 on:** February 15, 2009, 09:22:48 PM »

can anyone introduce me so good/reliable brokers?

thanks,...

topodium · « **Reply #7 on:** February 16, 2009, 12:25:58 PM »

I have a friend working as insurance admin at huayang, she will be able to help you quote from major insurance companies, pm me with the following info if interested.

I'm 25M with 10% NCD, paying $1.9k with NTUC comprehensive, $500 excess.

Registration No :
Current NCD :
NCD Upon Renewal :
Previous insurer : AIG
Previous Premium Paid:
Excess Amount : S$500
Vehicle Make : Nissan
Vehicle Model :
Body Type : Saloon
Automatic Gear : Yes
Seating Capacity : 5
Engine Capacity : 1498 cc
Year Of Manufacture :
Original Year Of Registration :
Period Of Insurance :
Finance Company (If Any) :
Cover Required : Comprehensive
Vehicle Usage : Carriage of goods/passengers not for hire or reward
Parallel-Imported Vehicle : No
Include Named Driver : None

mindman · « **Reply #8 on:** February 16, 2009, 08:40:39 PM »

Quote from: topodium on February 16, 2009, 12:25:58 PM

I have a friend working as insurance admin at huayang, she will be able to help you quote from major insurance companies, pm me with the following info if interested.

I'm 25M with 10% NCD, paying $1.9k with NTUC comprehensive, $500 excess.

Registration No :
Current NCD :
NCD Upon Renewal :
Previous insurer : AIG
Previous Premium Paid:
Excess Amount : S$500
Vehicle Make : Nissan
Vehicle Model :
Body Type : Saloon
Automatic Gear : Yes
Seating Capacity : 5
Engine Capacity : 1498 cc
Year Of Manufacture :
Original Year Of Registration :
Period Of Insurance :
Finance Company (If Any) :
Cover Required : Comprehensive
Vehicle Usage : Carriage of goods/passengers not for hire or reward
Parallel-Imported Vehicle : No
Include Named Driver : None

Why not put your dad name to enjoy lower prem ? 1.9K is too exp.
AIG can also cover unnamed drivers under all age conditions

josho · « **Reply #9 on:** February 19, 2009, 03:42:39 PM »

Usually after a year of driving on my current car, how many % of NCD will I get?

mindman · « **Reply #10 on:** February 19, 2009, 04:58:38 PM »

Quote from: josho on February 19, 2009, 03:42:39 PM

Usually after a year of driving on my current car, how many % of NCD will I get?

shd be 10%. up to max of 50% for 5 yrs
if u have 30% , additional 5% given for the COM.
need to go ecitizen and print out the driver record and submit together with the proposal
cheers

Jazz · « **Reply #11 on:** February 19, 2009, 05:19:58 PM »

Quote from: josho on February 19, 2009, 03:42:39 PM

Usually after a year of driving on my current car, how many % of NCD will I get?

If nothing happen, 10% every year.

HumbleCar · « **Reply #12 on:** February 19, 2009, 08:36:35 PM »

Quote from: mindman on February 19, 2009, 04:58:38 PM

shd be 10%. up to max of 50% for 5 yrs
if u have 30% , additional 5% given for the COM.
need to go ecitizen and print out the driver record and submit together with the proposal
cheers

some company don't give discount for COM.

HumbleCar · « **Reply #13 on:** February 19, 2009, 08:39:44 PM »

Quote from: mindman on February 16, 2009, 08:40:39 PM

Why not put your dad name to enjoy lower prem ? 1.9K is too exp.
AIG can also cover unnamed drivers under all age conditions

Put his dad's name may enjoy lower premium. But, touch wood, if kena, the excess is much more due to the high risk group.

Somehow, people must start somewhere to start accumulating his/her own NCB. Otherwise, can never own a car under own name. If dad is not that young, will reach a stage where still have to pay high excess for high risk group.

topodium · « **Reply #14 on:** February 19, 2009, 09:48:18 PM »

Quote from: HumbleCar on February 19, 2009, 08:39:44 PM

Put his dad's name may enjoy lower premium. But, touch wood, if kena, the excess is much more due to the high risk group.

Somehow, people must start somewhere to start accumulating his/her own NCB. Otherwise, can never own a car under own name. If dad is not that young, will reach a stage where still have to pay high excess for high risk group.

Yup I need to start somewhere and I like to be independent.

Just to add regarding the quotations, need your DOB, driving licence issue date and occupation to quote. Sorry to bros who pm earlier I had to make you write extra.

I heard insurance premiums are gg up again this yr.

foofam77 · « **Reply #15 on:** February 19, 2009, 11:39:11 PM »

btw, anyone know if there's any car insurance premiuem in which i can pay by credit cards to earn rewards points?

deslee74 · « **Reply #16 on:** February 19, 2009, 11:59:21 PM »

Go to www.dbs.com.sg to ask for the Driveshield quote. Now got free $80 petrol vouchers. I just renewed my premium, about $300 less than NTUC. Can pay by installment if got DBS credit card.

maverick1975 · « **Reply #17 on:** February 20, 2009, 07:05:54 AM »

Quote from: deslee74 on February 19, 2009, 11:59:21 PM

Go to www.dbs.com.sg to ask for the Driveshield quote. Now got free $80 petrol vouchers. I just renewed my premium, about $300 less than NTUC. Can pay by installment if got DBS credit card.

have you gone through the terms and conditions? is it good?

alghojo · « **Reply #18 on:** February 20, 2009, 07:15:55 AM »

It seems insurance going up every year now, for the past 2 year me with Liberty, 1st yr was $900+, 2nd after more NCD its $900++.

josho · « **Reply #19 on:** February 20, 2009, 11:44:08 AM »

Quote from: deslee74 on February 19, 2009, 11:59:21 PM

Go to www.dbs.com.sg to ask for the Driveshield quote. Now got free $80 petrol vouchers. I just renewed my premium, about $300 less than NTUC. Can pay by installment if got DBS credit card.

I got quoted for $1400 after 10% NCD from DriveShield. The $80 free voucher may be good but Im hoping for cheaper insurance. The excess is $500 tho. Prefer to pay in full if possible tho. Siong man

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Author Topic: Which car insurance you guys are holding? (Read 21073 times)

HumbleCar

HumbleCar

HumbleCar