Hi Everyone! What is the cheapest insurance u can get for it for your bike?

[TanKerHui]

Hi everyone.. I am still a new horn. so could lik to know what is the cheapest price for insurance u can get for your bike? i heard some of my frene say the cheapest is AXA insurance? izzit true? what is the advantage or disadvantage? need some help here!! thanks !!

[TanKerHui]

host! i nd some help pls!!

[Metal Gear]

Read some of the threads from the Legality subforum. The price of your insurance depends on a number of factors: your age, riding experience, model of bike etc in addition to whether you're taking first, second or third party.

 

Based on my experience, Anda insurance is relatively cheaper than the others but you should definitely make a phone call to the other agents (ntuc, mitsui etc) and ask for a quote. They'll be glad to help.

[TanKerHui]

thanks man!

[Fire]

Normally NTUC is cheaper coz they everything oso makan. But claiming is not easy I heard.

[buttbutt8]

For S4, BP told me that cheapest is Allianz....

For my TA200 last time, cheapest is Mitsui

[eement]

but is depend on the age oso ba

 

some company have different cat

[stkoh78]

For S4, BP told me that cheapest is Allianz....

For my TA200 last time, cheapest is Mitsui

 

Marine Mitsui insurance is getting higher and higher now. I received a letter to renew my 3rd party insurance ( no fire and theft ) . I had a 15% NCD but the price they quote me ($320++ ) is higher than what i paid last year .

 

I am 30year old owning a FW plate S4 .

[Refugee]

cheapest insurance is parking insurance...

 

aka season parking.

[EK]

try to get quotes from each company if you got the time..

[sayhitojason]

Insurance quotes depends on the rider profile (your age, experience. NCD etc) and bike profile (bike model, cc, age etc).

 

Different companies have different way of calculating risks. Some companies like Liberty only covers European makes. Others such as NTUC charges a premium for Kawasaki models (that's why most Kawa riders insure with AXA or AIG). Therefore, there is no single insurance company that is cheapest overall. Best is to call them up and get a quote for your age and bike.

 

On this topic, also take note that some bike models have relatively high insurance even if their cc is low and vice versa. For example, a Yamaha FZ-1 (naked, 998cc) costs me $915 from NTUC (2nd party). This bike costs approx. $19k new. On the other hand, a Harley Davidson Fatboy (cruiser, 1584cc) costs me $524 from Liverty (2nd party). The Harley is a $38k bike. Go figure.

[PHILIP79]

gREAT INFO