Insurance - General Enquiry

[skateboy]

sounds wierd... mayb u can go motorshop n ask... they can give u a specific ans on that. which company to take n blah blah blah....

 

 

good luck...

 

:goodluck:

[thr33]

but do u have a rough idea on how much it costs?

[KeraKing]

when buy 1st hand bike can go for 3rd party meh?

[skateboy]

hope... cos different age got different rate... then different company oso got different rate... so check with shop is the best... cos they sell, they sure need to know wat...

[thr33]

thats the prob i was going tru the search results.. some say 1st hand can have 3rd party, some say cannot, blur man..

[GreeKo]

well....u can expect more than $600 for ur age group since a fren of mine riding verS cost him $300+ for 3rd party....nt sure if bike shop allow 3rd party for brand new bike if its under hire purchase...

 

Im riding late 03 spec2...25 n cost me nearly $700 for 2nd party...so can try 'agak-agak" from there

[skateboy]

to my best knowledge, 1st hand cannot take 3rd party insurance. but if u cash out the bike without installment, i think 3rd party can.

 

try and ask the shop to quote u the insurance. i think they can give u a better ans...

 

[thr33]

alriiiiiight.. thanks heaps guys.. u guys a great help.. thnx!

[lzmmcken]

I'm concern with why you want to take a 3rd party insurance....

 

FYI, Not too sure about bike companies but I think 1 reason why you should not buy 3rd party insurance for bikes under installment is that the bike if involved in a serious accident (TOUCHWOOD) pose a risk that it may not be viable for repair. In such cases if you are at fault and under 3rd party insurance, you think you may have to rarry on the installments even though you no longer have the bike. With comprehensive insurance at least there is an insurance payout and can use it to redeem the loan.

 

I am not so sure about bike but that's the case for a friend of mine driving a car and got into an accident (while trying to avoid a dog) and the car caught fire and the insurance company scrapped the car. He got a comprehesive insurance payout. Imagine if he eas on 3rd party.... he would have to bear the high repair cost and still carry on with his car installment

[arjen]

20 years old ? New Spec3 ?

 

be prepared to fork out 1.2 - 1.5K for insurance for TPFT at least.

 

fyi it still cost close to 900 for a 5 years old cb400 for a 21 year old.

new bike, prepare to pay much more man.

[0yuan0]

Originally posted by skateboy@Jun 4 2006, 12:07 AM

to my best knowledge, 1st hand cannot take 3rd party insurance. but if u cash out the bike without installment, i think 3rd party can.

 

try and ask the shop to quote u the insurance. i think they can give u a better ans...

 

yap. if u down full cash. u can buy 3rd party.

[thr33]

alriiight, once i get it, i'll share with u guys in here, hopefully someone in the future cld use my info.. btw, thnx guys... u all are a great sport

[thr33]

hey guys, ive just got my bike today, alas, it's a 2nd hand spec 3, fy plate, machine price $9200, as promised, my insurance for my age [20-turning 21 dis year], is $1092 to be exact, and i also sought out the details of the rest of the insurance companies too just in case anyone else needs to know.

 

Mitsui, the one which im using is: $1092,

NTUC: $1402,

AIG:819

 

Hopefully those S4 riders in- the-making will profit from this info. =)

 

And oh, you guys have any links to spec 3 help topics? Will help me out, there's this irritating button near the odometer, very irritating cos i dunno wat it does. Anyone care to help out?

[megayon]

Your insurance is 1st or 2nd party???

[thr33]

oh, forgot abt that, its 2nd party( 3rd party fire n theft).

[vinsonyap]

Hi everyone.. i am gettin FZ S4.. I have a question for everyone who jus get S4. I haven done up my insurance and i am pending dunno which company to get from. I am 22 this year. Currently to my knowledge to all available insurance company are:

 

NTUC

AXA

AIG

Alliance

Mitsui

 

Which one offers the best quotation for 3rd Party(TPFT) or normally known as 2nd Party.. Thanks Alot..

 

Thanks to those posted..

[WingZer0]

not sure about the rest but NTUC is the most difficult to claim and takes the longest time to settle if anything bad happens.

[HondaSuperFourHSF]

AIG= AXA so take AIG cheap and good.

[Epredator]

NTUC definitly out for S4. I'm 28 tis yr and just renwal my insurance.Tot of getting ntuc (TPFT) guess wat? They quoted me $1200++ for thr renwal. End up i got back AIG for around $600 for 1st party insurance.

[xb84]

hmm think its time for me to switch too..

 

where can i get axa/aig?

[Epredator]

Try AIG hotline @ 64193000

[aHe]

hi, just wanna ask which insurance company is the best and cheapest for 3rd party (fire & theft) for a S4?

 

please kindly list out the estimated price for the insurance company if possible.

 

thanks!

[HondaSuperFourHSF]

AIG

[GreeKo]

no wonder da higher premium than ntuc when i ask for a quotation

[HondaSuperFourHSF]

nutc quote me $1000+ for 1st party

AIG $400+ for 1st party

which is better?