Author Topic: Which car insurance you guys are holding? (Read 21089 times)

mindman · « **Reply #20 on:** February 20, 2009, 01:24:04 PM »

Quote from: foofam77 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?

AIG or Driveshield. can pay 6/12 mths 0% installments. also earn reward points too
cheers

deslee74 · « **Reply #21 on:** February 20, 2009, 04:02:25 PM »

Quote from: josho on February 20, 2009, 11:44:08 AM

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

I was quoted $1550 with 20% NCD by NTUC. That's why I go and find cheaper alternatives. All the quotes for my agent are around $1450 to $1700. Driveshield quoted me the cheapest, at $1215, so I go for it.

deslee74 · « **Reply #22 on:** February 20, 2009, 04:04:57 PM »

Standard term and conditions with $500 excess.

One thing to note is the website specified you can go to any workshop to repair your car, but I can't find this clause in the policy. So I suggest you call and check with them first especially your car under warranty.

Quote from: maverick1975 on February 20, 2009, 07:05:54 AM

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

josho · « **Reply #23 on:** February 20, 2009, 04:14:39 PM »

Still waiting for Maybank to mail me the insurance tho... seem like it went lost tho... I shall ask from AIG since my aunt working in AIA. I shall go for Driveshield if others are damn expensive.

Since DS allow car to go to any workshop, that's one more plus point already.

Ying · « **Reply #24 on:** February 20, 2009, 04:20:54 PM »

Quote from: josho on February 20, 2009, 04:14:39 PM

Still waiting for Maybank to mail me the insurance tho... seem like it went lost tho... I shall ask from AIG since my aunt working in AIA. I shall go for Driveshield if others are damn expensive.

Since DS allow car to go to any workshop, that's one more plus point already.

I read something from MSIG(DriveShield) like any workshop but limit to $350 "Authorized Repair Limit". Also, DS's windscreen cover ALL glass including sun roof but NTUC only front Windscreen iirc. Other thing is "No Offence Discount", no too sure what it is.

deslee74 · « **Reply #25 on:** February 20, 2009, 05:28:16 PM »

What I understand from the policy is the Insured can authorize the repair without the company approval if the repair amount is less than "Authorizes Repair Limit". I maybe wrong

Those who want to get from DS better check first whether can repair at Tan Chong. As for me, already onboard the ship.

Quote from: Ying on February 20, 2009, 04:20:54 PM

I read something from MSIG(DriveShield) like any workshop but limit to $350 "Authorized Repair Limit". Also, DS's windscreen cover ALL glass including sun roof but NTUC only front Windscreen iirc. Other thing is "No Offence Discount", no too sure what it is.

pest11 · « **Reply #26 on:** February 20, 2009, 11:55:49 PM »

Hi all,

Mine is from Royal & SunAlliance (Marsh AutoSecure Plus) ... quote as below;
Age: 36
NCD: 50% , Latio premium

Premium : S$ 540.26 (inclusive of GST)
Excess : S$ 350 (waived if repair is carried out at Insurer's Workshops)
Conditions: Restricted to driver's age 30 or above and min 2 yrs driving experience.

Contact:
Oliver Ong
InsureMyCar
Accord Insurance Enterprise
Mobile: (65) 9323 9933
Email : oliver.ong@InsureMyCar.com.sg

tks & nice wkend !!

relatio · « **Reply #27 on:** February 21, 2009, 09:54:47 AM »

Hi
Just chip in as well,
Mine from RSA (same as Pest11)
Premium is $600+ with 50%ncd
Can go back TC in event of accident
Think it's one of the cheapest in mkt, but good anot dunno cos keeping my fingers crossed, not yet claim

Ying · « **Reply #28 on:** February 23, 2009, 09:29:17 AM »

I on NTUC till march, $770 last year with 50%NCD. Changed one windscreen only and they asked for $1020 for renewer. Bye bye to NTUC loh. Drivesheild quoted me $749 but come with $500 excess.

How's RSA service?

mindman · « **Reply #29 on:** February 23, 2009, 09:48:47 AM »

Quote from: Ying on February 23, 2009, 09:29:17 AM

I on NTUC till march, $770 last year with 50%NCD. Changed one windscreen only and they asked for $1020 for renewer. Bye bye to NTUC loh. Drivesheild quoted me $749 but come with $500 excess.

How's RSA service?

you means NTUC policy don;t have free windscreen cover ?

cheers

Ying · « **Reply #30 on:** February 23, 2009, 12:07:41 PM »

yes there have free windscreen at their appointed workshop..... but may increase the renewer premium to "recover" the cost like my case.

a40x · « **Reply #31 on:** February 23, 2009, 08:02:53 PM »

My renewal is up in Mar09. Quoted $990 from Tenet Insurance with 20% NCD. Waiting for others quote b4 deciding.

pest11 · « **Reply #32 on:** February 23, 2009, 10:45:26 PM »

RSA service ?? u mean response ??
shud be good ba, Oliver is a nice guy though ....... got mine done within 3days, policy reached me 1wk later .....

No harm asking him for a quote, more reference for u to choose from

hct · « **Reply #33 on:** February 24, 2009, 08:47:05 AM »

i am with msig.. abt $1500++ (10% ncd).. got free $80 cashcard

josho · « **Reply #34 on:** February 24, 2009, 03:49:55 PM »

Forgotten to ask that if which Party do your buy with? Third Party Only or with Theft and Fire?

sengkang · « **Reply #35 on:** February 25, 2009, 05:30:46 PM »

Seems like insurance under DBS is cheaper than NTUC!
I am renewing mine next month & NTUC is quoting me higher premium (increased S$160 approx).
Thats after all the 50% NCD plus 5% direct discount PLus 5% loyalty discount!
But one point i need to stress, is I have ZERO Excess & on wind screen also. (nobody mentioned this so far). Workshop repair by authorised NTUC workshops.
Now my quoted premium is S$820.64. Will checkout DBS side

zanshen · « **Reply #36 on:** February 26, 2009, 05:08:07 PM »

Mine is from MSIG from Standard Chartered... quote as below;
Age: 35
NCD: 30% , Latio AT

Premium : S$ 990 (inclusive of GST)
Excess : S$ 300 (can use any workshop)
Free: 80 cash card.

turret · « **Reply #37 on:** June 03, 2009, 09:47:26 PM »

Hi,

My insurance is expiring in the next few months. As I am a newbie, grateful if anyone out there can share his/her opinion.

I intend to fully redeem my loan before I renew my insurance for the 1-year old car.

Based on the above, can anyone like to share whether I should take up comprehensive or third party (plus fire + theft) coverage considering it is a 1 year old car?

I always come across pple saying no pt to have comprehensive insurance coverage once there is no outstanding loan. - Is that correct? Why is that so?

Thanks first.

Zerogravity · « **Reply #38 on:** June 03, 2009, 11:08:06 PM »

Quote from: turret on June 03, 2009, 09:47:26 PM

Hi,

My insurance is expiring in the next few months. As I am a newbie, grateful if anyone out there can share his/her opinion.

I intend to fully redeem my loan before I renew my insurance for the 1-year old car.

Based on the above, can anyone like to share whether I should take up comprehensive or third party (plus fire + theft) coverage considering it is a 1 year old car?

I always come across pple saying no pt to have comprehensive insurance coverage once there is no outstanding loan. - Is that correct? Why is that so?

Thanks first.

Hi,

My opinion is that if you are going to redeem your loan fully, taking up 3rd party coverage is enough. I recommend taking 3rd party (pure) and not the 3rd party(plus fire and theft). Due to the price difference, if you want to take 3rd party(plus fire and theft), you might as well go for the comprehensive coverage. As Singapore is quite safe (personal opinion again, haha), the chances of your car getting stolen or catching fire is rare, unless you sibei suay.

Why pple will say no pt to have comprehensive insurance coverage once there is no outstanding loan is because it can save you alot of money. You are forced to take comprehensive insurance coverage (which is expensive) in the first place as the bank which loan you the money to buy car is afraid that you got no money to repair car if you kana accident. If you are taking 3rd party coverage and you suay suay kana accident, your "victim" can claim your insurance and although your own car is not under coverage, if you got lobang you can just send the car to your friendly workshop and get it repaired (probably turn out to be cheaper instead).

For me, my car is 3+ years. Bought it 2nd hand and didnt take up any loan. Registered it under my mum's name so that my insurance damage is not that high. Insured by AXA under 3rd party (pure) coverage with 0% NCD, the damage comes up to $660+ for 1 year.

alangohek · « **Reply #39 on:** June 10, 2009, 10:03:44 AM »

Quote from: zanshen on February 26, 2009, 05:08:07 PM

Mine is from MSIG from Standard Chartered... quote as below;
Age: 35
NCD: 30% , Latio AT

Premium : S$ 990 (inclusive of GST)
Excess : S$ 300 (can use any workshop)
Free: 80 cash card.

Mine is from MSIG from Standard Chartered... quote as below;
Age: 30
NCD: 10% , Latio AT

Premium : S$ 1296 (inclusive of GST)
Excess : S$ 300 (can use any workshop)
Free: $80 limited addition Cashcard.

You can either get MSIG from DBS or Standard Chartered. The terms are different. If need help, can PM me. I would be glad to assist.

Btw, I am neither working for SCB nor MSIG. heheh

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Author Topic: Which car insurance you guys are holding? (Read 21089 times)

turret