Jump to content
SingaporeBikes.com Telegram Now LIVE! Join NOW for the Last Reviews, News, Promotions & Offers in Singapore! ×

  • Join SingaporeBikes.com today! Where Singapore Bikers Unite!

    Thank you for visiting SingaporeBikes.com - the largest website in Singapore dedicated to all things related to motorcycles and biking in general.

    Join us today as a member to enjoy all the features of the website for FREE such as:

    Registering is free and takes less than 30 seconds! Join us today to share information, discuss about your modifications, and ask questions about your bike in general.

    Thank you for being a part of SingaporeBikes.com!

bike insurance

ffe

By ffe
in Biking in Singapore

 Share

Recommended Posts

Metal Gear Newbie

Metal Gear

Posted
Posted

Wah kao 4k! You could've have bought 2 bikes with that kinda cash.

 

Insurance is bloody expensive when you're young. My TPFT(20 yrs old) for my used CBR 150 when I bought it was about $1k. Shocking. Tried to keep a straight face when the motodiam uncle told that to me.

Current Rides:

FEB 07 -> NOV 08 [CBR 150]

AUG 08 -> AUG 12 [XJR400]

AUG 12 -> ??? [DUCATI MONSTER 696]

  • Replies 72
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

blast3dGaL Newbie

blast3dGaL

Posted
Posted

My age is 24.. still that ex.. NTUC said, if you never fully pay your bike, the person who give you loan will insist you take the comprehensive one.. that's why he say $4K but you can still go direct to NTUC to get the 3rd party one, they will give you the $1300++ one.. But they will have to do the calcs, etc etc.. Subject to the person serving you and the bike model - i think...

 

2nd hand much cheaper la the insurance.. My car insurance also not that ex.. my god..

-blast3dGal-

 

2B since 07/07/08

Aprilia RS125'05 (FBC9258A) 21/08/08 - 31/07/10

Piaggio ______ (FB______) 31/07/10 - ???

Metal Gear Newbie

Metal Gear

Posted
Posted

:faint: so ex.

 

Insurance rates will drop quite a lot when you've passed the 1 year p-plate probation but I don't think most 2B graduates will want to hold off getting a bike for that long :lol:

Current Rides:

FEB 07 -> NOV 08 [CBR 150]

AUG 08 -> AUG 12 [XJR400]

AUG 12 -> ??? [DUCATI MONSTER 696]

Arin Newbie

Arin

Posted
Posted

How much do you guys think for a person 23 yrs old, no longer under probation and owns a 2nd hand bike insurance will cost for NTUC insurance?

PINKEOLOGY.

louisyhw Newbie

louisyhw

Posted
Posted
How much do you guys think for a person 23 yrs old, no longer under probation and owns a 2nd hand bike insurance will cost for NTUC insurance?

 

bro just call them @ 98 INCOME which is 98462663. free quotation. :thumb:

aeX Newbie

aeX

Posted
Posted
How much do you guys think for a person 23 yrs old, no longer under probation and owns a 2nd hand bike insurance will cost for NTUC insurance?

 

depends what bike u riding too...

Regards

http://www.motorcycle-usa.com/photogallerys/ATL_3679.jpg

danielsin2 Newbie

danielsin2

Posted
Posted

jus some info..

 

18y/o

 

Ft plate SP - 600 plus for 3rd party.. NTUC

 

same - 1100 for TPFT NTUC

 

 

Ft plate Krr - 1000 for 3rd party NTUC

same - 1300 for TPFT NTUC

http://i265.photobucket.com/albums/ii208/danielsin2/800_3108.jpg

eedwinn Newbie

eedwinn

Posted
Posted
jus some info..

 

18y/o

 

Ft plate SP - 600 plus for 3rd party.. NTUC

 

same - 1100 for TPFT NTUC

 

 

Ft plate Krr - 1000 for 3rd party NTUC

same - 1300 for TPFT NTUC

 

Wow, you have done your research well eh? :deal:

http://i223.photobucket.com/albums/dd13/eedwinn89/IMG_4518-1-1.jpg
danielsin2 Newbie

danielsin2

Posted
Posted
Wow, you have done your research well eh? :deal:

 

yah lor yah lor..

 

all these must knw.. cannot be future carrot for bikeshop to chop!! :cheers:

http://i265.photobucket.com/albums/ii208/danielsin2/800_3108.jpg

harukikujo Newbie

harukikujo

Posted
Posted
i still cant figure why kr insurance so high..

 

its kawasaki insur.. nt krr..

 

kawa insur always highest.. i have no idea why..

 

mainly it's because it has the highest rate of accidents, the higher the accident rates, the higher the premium. it's that simple. hahaha!

07/05/08 - present - Honda NSR 150 SP (Skyla)

07/02/09 - present - Yamaha Spark 135 (Sparkie)

31/08/09 - present - Gilera Runner VXR 200 (RoadRunner)

08/03/10 - present - Kawasaki ZX150 (...)

madman Newbie

madman

Posted
Posted

I see no point why 4k insurance for a 2b bike. Not say this bike is antique or limited edition.

 

Most cars insurance is not even close to 4k, unless you are driving luxury cars.

For say 5 yrs you pay insurance of 3k for bike, it's already 15k. A brand new KR cost more than 15k meh? Not even close...

 

Penalising a new rider who has yet been claimed (or rather, not even started riding, is unfair...

 

I sympathise with you youngsters la...

 

I still suggest new riders to get a 2nd hand bike of say ard 3yrs or so...

After gaining about 2 yrs experience on the road, then get a brand new bike if you wish.

 

Remember, being able to pay 8k for a brand new ride is one thing, and being able to live with losing 4k or more (as it ages) is another. :)

http://www.nutrition4u.sg/images/coaches/VicNette02.jpg

 

Contact me at 9858 6442 (madman) 9845 6442 (Babycakes)

Visit me at www.Fat2FitChallenge.com or add me in FB nutrition4u.sg

quikslvr Newbie

quikslvr

Posted
Posted
I asked NTUC to quote me a price for KR150 for a newly passed 2B license holder. The difference between brand new (not fully paid), brand new (fully paid) and second hand... my goodness almost fainted...

 

If you buy brand new bike by installment, the bank/company which are giving you loan will insist you to get a comprehensive insurance which for KR will cost about $4257.28/annum.. If it's a brand new fully paid, 3rd party is about $1305.05, whereas for a second hand bike, is $837.69...

 

4k for insurance? dats ridiculious.furthermore theres no more brand new KR i think so the de person u spoke to at ntuc could be wrong.when i first got my aprilia rs125 brand new at age 23,my insurance was 1.7k tpft thru NTUC..so its kinda hard to believe 4k for an insurance :faint:

Oct 2002 - PPL

19 Sept 2005 - 2B

18 Sept 2007 - 2A

20 July 2010 - 2

 

Oct 2005 - present: Aprilia RS 125

Oct 16 2010 - Feb 2011: Honda CBR 600 RR

Apr 08 2011: Ducati Monster 620

http://photos-g.ak.fbcdn.net/hphotos-ak-snc1/hs099.snc3/16635_162719989997_751319997_2733440_6167145_n.jpg

eedwinn Newbie

eedwinn

Posted
Posted

$4k insurance can buy 2 old KR. :lol:

http://i223.photobucket.com/albums/dd13/eedwinn89/IMG_4518-1-1.jpg
dragonforce Newbie

dragonforce

Posted
Posted

interested to know if a 2b license holder's name can be put in the insurance of a 2a bike as a sub rider or non rider until 2a license is obtained?

owner and main rider will be a valid 2a license holder..

 

objective: save the admin fees when sub rider gets 2a license.

Rat bike - A motorcycle not necessarily kept in pristine condition, often painted matt black. Minimal maintenance and mismatched parts often used.
gambatak Newbie

gambatak

Posted
Posted

Hi guys, ntuc quoted me 600+ for 3rd party also. Im guessing its all around there for ntuc?

 

Factors which i think affects the price:

 

age of bike-

i told the guy insurance was for vespa. it seems age of the bike doesnt matter (80's and 90's make no difference) a new bike's insurance would be more expensive though. (i think better engines, easier to bang people?)

 

experience in riding-

doesnt matter if your 18,19,20, they calculate more using the experience in riding. They calculate from the date u got your licence. So whoever suggested riding 2nd hand bike for a few years first before changing to dream bike, good call there. Thats what i plan to do.

 

Additional info, for 3rdparty + fire and theft, mah motors quoted me only 1.5k. Even that amount already prompted me not to buy new bike so soon.

barefoot Newbie

barefoot

Posted
Posted

ntuc qouted me 500+ for 3rd party. 19 years old p plate. 900+ for tpft. got 3party for 500++ on monday

http://i44.tinypic.com/54c3gg.gif
Xenophobia07 Newbie

Xenophobia07

Posted
Posted
ntuc qouted me 500+ for 3rd party. 19 years old p plate. 900+ for tpft. got 3party for 500++ on monday

 

Yoyo... So how's the bike, good good? :cheers:

200 Miles Per Hour, No Hands... Damn That Would Be Cool Right Before The Part Where You Die...

 

Bike History

2005 - Cagiva Mito 125

2007 - Daelim Daystar 125

2008/2009 - Piaggio X9 500

2017 - Triumph Speed Triple 1050

barefoot Newbie

barefoot

Posted
Posted
Yoyo... So how's the bike, good good? :cheers:

 

yeah i like the posture dam nice when i dont stand by the rear brake, need to get use abit if i place my foot above the rear brake all the time, do you do that? think the front brake need servicing, tml going cka for servicing sunbian check also

 

btw this bike dam stable and durable, i got into 2 small accident within 2 days of riding already. the first was went up the kerb but lucky damage only tge footpeg didnt fall, 2nd was i knocked into the side of the car at aye i think, was lost so no idea where am i but didnt fall also, wobble quite abit only be! oh man . . ibetter learn to be more careful :slapforehead:

http://i44.tinypic.com/54c3gg.gif

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • DAIS_ShellBAU2024_Motorcycle_SingaporeBikesBanner_300x250.jpg

     
×
×
  • Create New...