bike insurance

[speedevil6969]

hi,

 

juz a quick check, which insurance company would you guys recommend for a fire & theft policy ...

 

 

TIA

[craz_03]

ntuc?

consider cheapest le bah =)

[speedevil6969]

ntuc?

consider cheapest le bah =)

 

bro,thxs for sharing ... hw is urs like, age & bike model??

[craz_03]

age 26, 3 yrs+ exp. riding sp, reg 2000 or 2001, insurance 3rd party fire n theft $285 after 20% NCD

[barefoot]

mine is 1.1k 3pft, p plate, 20 years old. i went with 3p only, 600 ++

[speedevil6969]

age 26, 3 yrs+ exp. riding sp, reg 2000 or 2001, insurance 3rd party fire n theft $285 after 20% NCD

 

thxs 4 sharing .... i m coming back on biking after an interval of 10years ...

[speedevil6969]

mine is 1.1k 3pft, p plate, 20 years old. i went with 3p only, 600 ++

 

thxs alot 4 sharing ..... safe riding!!!

[DaN zI]

u hold uir license for 10yrs at least? if so its veri cheap ba i guess . but think u got 0% NCD . but wif ur age etc , shld be veri veri cheap .

[speedevil6969]

u hold uir license for 10yrs at least? if so its veri cheap ba i guess . but think u got 0% NCD . but wif ur age etc , shld be veri veri cheap .

 

juz gotten my ntuc 3rd party w/o NCD at $325.31, ok??

[whyzee]

i got mine, NTUC, 3P. - $241. 26 yrs old, super4.

 

Please take also note that cost of insurance is also determined by age of your bike.

[speedevil6969]

i got mine, NTUC, 3P. - $241. 26 yrs old, super4.

 

Please take also note that cost of insurance is also determined by age of your bike.

 

urs with NCD discount ???

[NL27]

i got mine, NTUC, 3P. - $241. 26 yrs old, super4.

 

Please take also note that cost of insurance is also determined by age of your bike.

 

can i know is it the newer the bike, the more expensive it is or the other way round. thanks

[dragonforce]

generally, older bikes cheaper.

[eement]

ya newer insurance will be more ex it older more cheaper

 

cos ur market value not ver high

[speedevil6969]

thxs to all that shared their experiences .....

[FrdAuZ]

Guys,NTUC can installment right? Got any interest?

 

Mine ALLIANCE...

 

Age:22

License since: 2005

Hold 2A since 2006

TPFT= $800

 

Maybe i got accident last time with my previous bike with same insurance company..thats why ex.

 

Thought of changing to NTUC and installment..

[NL27]

generally, older bikes cheaper.

 

ya newer insurance will be more ex it older more cheaper

 

cos ur market value not ver high

 

my bike left 1 year b4 COE expire but as i just pass 1 year ago and i think is quite ex for 3party.it charged me 600. im 19 currently.i know 1 26 years old fellow biker paid only 200 + when he got his license.

[speedevil6969]

my bike left 1 year b4 COE expire but as i just pass 1 year ago and i think is quite ex for 3party.it charged me 600. im 19 currently.i know 1 26 years old fellow biker paid only 200 + when he got his license.

 

age is a great deciding factor ....

[DaN zI]

Yea older bike cheaper , i think over 7yrs old bike = 0 point . Mine RvF i 20yrs old 3PFT 1.1k haven - 10% NCD . NTUC one .

[lovetoride]

Insurance is calucated based on points system. The more points you have the more expensive it is. For age if you are below 31 you got 10 points, if above 0 point.

 

Thus diff to compare from people to people. But generally (in my opinion), NTUC price is quite good.

[dragonforce]

below 25 yrs old very high points also.. certain bikes also high points.. krr150, cbr400 cb400 etc..

 

anyway just to ask, after applying insurance through bike shops, straight away can ride the bike? or need to wait for the insurance papers?

[lovetoride]

In theory, once you are covered you can ride.

 

When you buy thru agent, they will issue you a recept. That acts as a form of proof that you have purchase the insurance. Cheers !

[speedevil6969]

Insurance is calucated based on points system. The more points you have the more expensive it is. For age if you are below 31 you got 10 points, if above 0 point.

 

Thus diff to compare from people to people. But generally (in my opinion), NTUC price is quite good.

 

NTUC maybe cheap for bikes insurance but they are definitely the most expensive for car insurance

[speedevil6969]

below 25 yrs old very high points also.. certain bikes also high points.. krr150, cbr400 cb400 etc..

 

anyway just to ask, after applying insurance through bike shops, straight away can ride the bike? or need to wait for the insurance papers?

 

no need to buy thru shops mah, they will charge u extra for administration. NTUC is juz a phone call away .... Call them up, give ur particulars & can pick up the original policy within 2 hrs. I did mine tat way ....

[speedevil6969]

anyone here ever done any claims frm NTUC, heard that they r kinda slow in their claims .... anyone care to comment .....