Insurance

[125zrockstar]

anyone know how much does insurance cost for new riders below age 21?

[Guest limpeiwah]

around 600-800 dollars per annum

[swiftee]

if i'm not wrong... mine was about 1k+ per year. under mitsui. i'm 19 and new rider with new bike (RXZ).

 

but mine was 3rd party fire and theft. 3rd party might be a little cheaper

Think bike age, model might also be taken into account.

[pearl]

mitsui 3rd party is $652 for under 21 n plated.

diff insurance company diff prices.

bike tt has alr renew coe only can buy 3rd party.

2b bike tink 3rd party enuff alr.

 

jus my 2 cents.

[125zrockstar]

thanks for the answer guys..hoping to get a bike soon..cheers

[Blahhh]

anyone know how much does insurance cost for new riders below age 21?

 

Depend on the bike.. last time wanted to get rs125, but insurance ketok me 1.2k + for a 18 years old, so i got a krr instead (2nd party; 600 moolah). And dat was b4 the insurance hike...

[aRcHeR]

mitsui 3rd party is $652 for under 21 n plated.

diff insurance company diff prices.

bike tt has alr renew coe only can buy 3rd party.

2b bike tink 3rd party enuff alr.

 

jus my 2 cents.

 

price went up by 100%. so now it should be around 1.2k

[roseonfire]

Axa is d cheapest. BELOW 1000 can get. Mitsui n ntuc now quite expensive.

[aRcHeR]

Axa is d cheapest. BELOW 1000 can get. Mitsui n ntuc now quite expensive.

 

yah, cheapest and the draggest.. get back pro-rated premium can take many moons..

 

i cancelled my previous insurance before nats day, until now still haven't receive.. :sian:

[swiftee]

but wonder how is the diff in service between ntuc, mitsui and axa? cause you get what you pay for right?

 

still waiting for my claim from mitsui... but it's too early to say yet...

a friend told me that mitsui payout is usually lesser than ntuc though.

 

does ntuc do insurance for 18 year olds?

when i bought my bike... the shop told me only mitsui was willing to insure me... initially wanted to go for ntuc... now i wonder whether my shop was just bullshitting me...

[Guest limpeiwah]

the shop will try to psycho u to buy the insurance that THEY get the most commission. NTUC pays the shop the LEAST commission so they will never recommend NTUC.

[pearl]

price went up by 100%. so now it should be around 1.2k

 

sure bo?? 100%?? :faint:

[Guest limpeiwah]

wah so expensive man

[sylvestercat]

anyone any idea how much is insurance for 31yr old now? first time rider.

[aRcHeR]

sure bo?? 100%?? :faint:

 

yes. confirm plus chop..

[pearl]

wa.. like tt sian liao lo.. take bus dun ride liao..

[125zrockstar]

wah....100% uh...mati lah...

[jia_yvon]

insurance depend on many thing.

 

ur bike mode, how much its worth, ur age, driving experice, single or married. indoor or outdoor..

[pearl]

insurance depend on many thing.

 

ur bike mode, how much its worth, ur age, driving experice, single or married. indoor or outdoor..

 

wat u mean by indoor or outdoor?? got meh?

[jia_yvon]

indoor occupation or outdoor.

 

gt difference bro.. nutc think that, if u working as outdoor compare to indoor, exposure higher, of course loading higher, resulting premium higher lor.. is true..

[pearl]

wa.. i din noe leh.. wat bout single or married? married will b cheaper? wat the reason behind? will treasure yr life more if married?

[jia_yvon]

ya.. quite true.. serious.. married is cheaper than single if im not wrong. thats how i helped my customer to do their quatation to ntuc.

 

female is cheaper than male

married is cheaper than single

indoor job is cheaper than outdoor

the older u r, the cheaper the insurance

the more driving experiece u haf, the cheaper the insurance

the more NCD u have, the cheaper of course.

if can, do insurance tele with road tax, so u can get ncd faster.. for NTUC onli

 

if i can remem more i will post here again

 

but most important, they see age, driving experice n model of the bike.

[pearl]

ncd is wat?

[jia_yvon]

...... u duno meh..? erm.. how to explain ar..

 

u in ntuc 1 yr liao, the next yr u carry on in ntuc, u gt 10% ncd, then ur premiun - 10% lor.. maximum can go up to 50% ncd.. additional 5% for loyalty..

 

u really duno meh?

[pearl]

ya.. reali duno.. i oni noe if no claim for duno how many yrs den will premium will cheaper. likewise got claim den premium will increase 50%.