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Insurance


Hazel90210

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May we know what type of insurance your machine currently has? 

If it's already on the road it has to be insured, so yearly just renew it.

The bike shop would do the insurance coverage for you when it was purchased, and ask if want third or first party, commercial rider or not. 

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I see, in that case please contact your insurance company to switch. Third party only indeed is the minimal legal requirement. You can also shop around other insurance companies to see if they give lower quotation to you. Budget direct, FWD are some of the newer ones advertising low rates. In case budget is a concern as to why want to downgrade. 

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20 hours ago, Hazel90210 said:

I just bought my bike for over a year as well as having my license in the early 2021, however my bike is under installment plans, 

can i get an insurance coverage for third party only?

you have to check the clause for your instalment plans.. Some of the instalment plans companies doesn't allow you to purchase 3rd party only.. else they cannot claim if your bike goes up in smoke or if you report lost.

Unless you fully own the bike, then you can purchase 3rd party only..

Kindly read thru at least the intro section first before decide to post any comments.... thanks... :cool:

 

Please proceed to this website/web link if you guys have any technical issues on Kawasaki Kips/KR150, I'll update the 1st POST as and when there's a new question. Newbies questions on the top as well. :)

 

 

 

http://www.singaporebikes.com/forums/showthread.php?p=6285055#post6285055

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  • 2 years later...

Just wanted to check with you guys regarding insurance.

Will I retain my NCD if I completed one year and now I decided to move to another Insurance company?

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11 hours ago, M3DU5A said:

Just wanted to check with you guys regarding insurance.

Will I retain my NCD if I completed one year and now I decided to move to another Insurance company?

Yes, NCD will follow you.. but some companies offered additional if you renew with them.. :)

But I've seen some companies better priced if you newly join them.. so check which company better priced and remember to check reviews on "claims" if truly needed.

Got 1-3 companies I heard very bad review on claims matter.. like you cannot claim or claim will fail.. (Unable to say here)

Kindly read thru at least the intro section first before decide to post any comments.... thanks... :cool:

 

Please proceed to this website/web link if you guys have any technical issues on Kawasaki Kips/KR150, I'll update the 1st POST as and when there's a new question. Newbies questions on the top as well. :)

 

 

 

http://www.singaporebikes.com/forums/showthread.php?p=6285055#post6285055

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