Insurance FWD vs NTUC

[Andrew_Ng]

Which of this two companies provide value for money in comparison aswell as fuss-free accident claims. 

I am a P-plate rider age 25 yet own a class 2B bike as I am currently in a mist of sourcing (not in hurry) good conditions pre-owned bike. At meantime, I am also considering which insurance company to buy 1st Party Comprehensive coverage. To my knowledge, this two companies are well known and has cheapest rate in the market.

Any valuable input and suggestions is appreciated. Thanks for reading. 

 

 

 

 

 

[Pisces44]

I am P-plate now but gg to end soon.

Looking to buy insurance for my scooter for 2nd year onward.

But some insurance companies like Budget direct & Direct Asia dun insure rider only after 2nd year onward...

So left FWD, NTUC & who else ?

Edited June 24, 2021 by Pisces44

[Andrew_Ng]

Anyone heard of Sompo insurance? 

 

[Andrew_Ng]

10 hours ago, Pisces44 said:

I am P-plate now but gg to end soon.

Looking to buy insurance for my scooter for 2nd year onward.

But some insurance companies like Budget direct & Direct Asia dun insure rider only after 2nd year onward...

So left FWD, NTUC & who else ?

MSIG and AXA but both premium not cheap.

 

Edited June 24, 2021 by Andrew_Ng

[Pisces44]

14 hours ago, Andrew_Ng said:

Anyone heard of Sompo insurance? 

 

Mine is sompo now. I think they dun deal direct. Should be thr agents/dealers.

[E.O.]

Does insurance premiums differ in price for different bike models? I was looking up NTUC Comprehensive, and the quote I received was $831 vs $771 for new rider, brand new bike (CB150R vs MT-15)?

[Pisces44]

On 8/16/2021 at 7:02 PM, E.O. said:

Does insurance premiums differ in price for different bike models? I was looking up NTUC Comprehensive, and the quote I received was $831 vs $771 for new rider, brand new bike (CB150R vs MT-15)?

For car, yes...a 2 door sport coupe is different from a 5 door salon....motorcycle ...i not so sure....