[General] Insurance!!

[Replay]

So its easy to cancel if anything happens, or to enquire about extending and it's package prices.

 

i'll just google it when i need it..

[ylsonny]

OMG!

 

another problem arise. the bike shop uncle said that want to get the bike can, wan to pay buy installment can. but the ownership must be the uncle.. it's like WTH.... anyone met with this situation before ?

[jB]

uncle as in bike shop uncle? you got your licence yet dude? if you have the ownership is yours if you make a purchase regardless installment or not..unless you fail to make installment they will tow it backk to shop. if you haven't gotten yr licence, don't waste time, go get it!

[ylsonny]

uncle as in bike shop uncle? you got your licence yet dude? if you have the ownership is yours if you make a purchase regardless installment or not..unless you fail to make installment they will tow it backk to shop. if you haven't gotten yr licence, don't waste time, go get it!

 

passed already, read my 1st post.

yeah, shop uncle.

what i'm trying to say is, pay by installment.

but ownership must put the bike shop uncle's name..

ridiculous?

[ylsonny]

uncle as in bike shop uncle? you got your licence yet dude? if you have the ownership is yours if you make a purchase regardless installment or not..unless you fail to make installment they will tow it backk to shop. if you haven't gotten yr licence, don't waste time, go get it!

 

passed already, read my 1st post.

yeah, shop uncle.

what i'm trying to say is, pay by installment.

but ownership must put the bike shop uncle's name..

ridiculous?

[aeX]

i just renew my insurance $178 (ntuc less 20% NCD 5% other discount)... how much u guys pay ?

[queirtus]

i just renew my insurance $178 (ntuc less 20% NCD 5% other discount)... how much u guys pay ?

 

wats ur age? wonder mine how much sia, renewal in march, about 6 more months to go:cheeky:

[aeX]

i'm 22 this year.

[Guest @h_püi™]

i just renew my insurance $178 (ntuc less 20% NCD 5% other discount)... how much u guys pay ?

 

ntuc less 20%? how come? that was cheap man or are you have your life insurance with ntuc also ?

[fantom]

if u stay 3 yrs with ntuc with no claims, u r entitled 20% ncd, plus 5% loyalty. n if u buy diectly, another 5%. total 30% less.

[josephsbs]

hi guys

someone pls feedback on this "money saving" suggestion whether it can work or not

 

case:

young chap buy bike as owner, insurance very expensive ... lets say $1200

if get dad to buy bike, ah pek with experience pay lower premium mah ... lets say $600

then dad add son as sub-rider... will sub-rider premium be

 

if much less, good deal coz both dad-n-son can ride the bike... both are covered

any difference in coverage for main & sub-rider?

 

if this method can work... then many young riders can benefit also

[binkaz]

hi guys

someone pls feedback on this "money saving" suggestion whether it can work or not

 

case:

young chap buy bike as owner, insurance very expensive ... lets say $1200

if get dad to buy bike, ah pek with experience pay lower premium mah ... lets say $600

then dad add son as sub-rider... will sub-rider premium be

 

if much less, good deal coz both dad-n-son can ride the bike... both are covered

any difference in coverage for main & sub-rider?

 

if this method can work... then many young riders can benefit also

 

 

this loop hole has long been covered up.. now the insurance premium takes the age of the youngest rider, so no difference..

[josephsbs]

thanks... i learn something new again today

everyday is a learning experience

[aeX]

hi guys

someone pls feedback on this "money saving" suggestion whether it can work or not

 

case:

young chap buy bike as owner, insurance very expensive ... lets say $1200

if get dad to buy bike, ah pek with experience pay lower premium mah ... lets say $600

then dad add son as sub-rider... will sub-rider premium be

 

if much less, good deal coz both dad-n-son can ride the bike... both are covered

any difference in coverage for main & sub-rider?

 

if this method can work... then many young riders can benefit also

 

 

the bike that i am riding now is under my uncle's name. thats why its so cheap. haha.

[josephsbs]

the bike that i am riding now is under my uncle's name. thats why its so cheap. haha.

 

huh? does it mean this "money saving scheme" still can work?

[allankoh11]

this loop hole has long been covered up.. now the insurance premium takes the age of the youngest rider, so no difference..

 

 

Yap.... so find 60 years old uncle also no use.... take the younger 1 age

[aeX]

the money saving scheme worked when i started riding 3 yrs back. now it dun work.. haha

[jeffrey83]

i was with Mitsui in 2005- 2007... was riding sp... costs me $297.

 

this june just changed motor to cbr400... took Ntuc ...$329....

 

when i check with Ntuc...they gave me a quotation of $297......coz i changing to Phatom 200.... i am 24 this year..

 

called up AXA to ask, they say basic is $250..... with gst is $267.50... coz my one is new case, as i am getting a new policy with them..

 

can u guys advise me?

 

my Ntuc current one not even 1 year wor.. so dun think can enjoy any rebates...

 

but long term lei?..

 

kindda support Ntuc lei..

 

Advices?

[slutgarden]

try to survery around, ask different companies might give different qoutes.

 

different staffs from the same company might give different qoutes too.

 

i got mine 2nd party for $886. kinda cheap i guess which was around 4 months ago by NTUC.

 

 

most prob i ride a phantom, and my dad/sis/mom is her client. heh heh.

 

got the whole family covered up by the same staff..

 

well anyways, another qoute i got from NTUC as well for 2nd party = $1k++

 

if you want cheap cheap, wait till 21. by then, you can take your 2a, class 2, and insurance will be cheaper, if you buy a 2b bike. no pplates too!.

[zoom13]

Manage to dig up this thread.

 

Other than pricing for FV Ta200, wld like to check the procedure to get the insurance cert done up. Which company cheapest and easier to settle for 3rd Party Fire & Theft?

 

I am 27 this yr and passed my 2b in 2003.

[gwzc_mk2]

Manage to dig up this thread.

 

Other than pricing for FV Ta200, wld like to check the procedure to get the insurance cert done up. Which company cheapest and easier to settle for 3rd Party Fire & Theft?

 

I am 27 this yr and passed my 2b in 2003.

i got quote from AXA for FX plate TA200 for $270 2nd party. Bike shop quote me $300 for same thing. 28 this yr with 1 yr riding exp. hope this helps

[zoom13]

Thanks.....

[gysmily]

Check NTUC. Price might be lesser but you'll have to go there directly. There's one in Jurong East.

[TheYasMan]

Did a check yesterday after i finally collected my newest insurance cert.

Prices for someone like me on 3rd party (bearing in mind the price hikes in 2007 for young riders):

 

AXA (my current one) - $288 + $20 (GST) = $308.

Mitsui - $920 without GST.

[zoom13]

TheYasMan, does it include fire and theft or just third party only?

 

Where to get AXA ah?