Motor Insurance

[Phantomenace]

Originally posted by Tyrian@Apr 29 2006, 11:42 PM

no problem at all..

 

i've extended 13 days from mitsui b4 oso..

13 days oso can ?

 

how much they charge u ?

[darren_soh86]

Originally posted by Phantomenace@Apr 30 2006, 03:37 PM

13 days oso can ?

 

how much they charge u ?

according to ur age and riding exp lor.. juz pro-rated onli ma...

[fnee]

hi guys. let's say i've found a motorshop that would loan me the full amount to buy a bike from a private seller (~3k) but they told me that i'll have to fork out the insurance myself (which means i can't loan machine price + insurance). is it possible i buy the bike first but do not apply for insurance. which means i own the bike, but i can't ride it because i've no insurance. i plan to buy the insurance at a later date because i do't have the cash yet.

[darren_soh86]

Originally posted by fnee@Apr 30 2006, 04:46 PM

hi guys. let's say i've found a motorshop that would loan me the full amount to buy a bike from a private seller (~3k) but they told me that i'll have to fork out the insurance myself (which means i can't loan machine price + insurance). is it possible i buy the bike first but do not apply for insurance. which means i own the bike, but i can't ride it because i've no insurance. i plan to buy the insurance at a later date because i do't have the cash yet.

can.. but u cnt ride lo..

 

u 1cent oso dun haf meh? u wana full loan everyting? liddat riding can seriously cripple u financialli.. coz wat if it breaks down? fuel? maintenance?

[Tyrian]

Originally posted by Phantomenace@Apr 30 2006, 04:37 PM

13 days oso can ?

 

how much they charge u ?

they charge me on the current premium price divide by 365 days multiply by 13 days lo..

 

den they issue me another cert for that 13 days.. i did that juz to renew my road tax..

 

and after dat i switch to NTUC due to the cheaper premium..

 

at that time, mitsui quote me over $500 for my ver S for 3rd party.. the premium for the current period is higher than the previous period even with NCD included.. so i decided it's not worth it especially NTUC is quoting me $318 nett..

 

anyway, back to ur qn, i paid around $15+ for 13 days worth of insurance

[fnee]

Originally posted by darren_soh86@Apr 30 2006, 08:24 PM

can.. but u cnt ride lo..

 

u 1cent oso dun haf meh? u wana full loan everyting? liddat riding can seriously cripple u financialli.. coz wat if it breaks down? fuel? maintenance?

i have enough for monthly installment, fuel, servicing etc. but i didn't save in the past. so forking out 1.5k at short notice is quite difficult.

[ET]

just a question does the insurance company wavier off your premiums after 3 yrs, if you dont buy back the insurance?

[bugger]

i got a question about insurance...

 

lets say u see this ad.. private buyer selling bike... insurance last till december this yr (still got half a yr)..

 

do i still have to buy my own insurance?? or can i use the insurance thats still valid only under the sellers name??

[natgw]

u have to buy ur own insurance.

[natgw]

Originally posted by fnee@Apr 30 2006, 04:46 PM

hi guys. let's say i've found a motorshop that would loan me the full amount to buy a bike from a private seller (~3k) but they told me that i'll have to fork out the insurance myself (which means i can't loan machine price + insurance). is it possible i buy the bike first but do not apply for insurance. which means i own the bike, but i can't ride it because i've no insurance. i plan to buy the insurance at a later date because i do't have the cash yet.

dun think its possibly. cos most probably after u take down the bike from the private seller, the seller would terminate his current insurance to get his rebate. and according to lta, every vehicle registered in singapore must have insurance.

[flykite]

Originally posted by Suede+Apr 13 2006, 07:33 PM-->

QUOTE (Suede @ Apr 13 2006, 07:33 PM)

Guys need to knw where to renew mitsui insuance??? Is it at hong leong building near lau pa sat? I dun wan go to bike shop renew insurance leceh scared they eat my money!   Btw I intend to upgrade to 2A bike. Can i get my refund back?Coz thinking of changing bike. [/b] not the one in hong leong, they don't do renewal there. your ins cert shd have wrote the underwriting agency.   go there. bike shop sure eat your $$. your refunded ins should be 100% of unused, will be used to offset your new premium.   (this post is so long ago i dont know if it helps haha)   Originally posted by fnee@Apr 30 2006, 09:01 PM hi guys. let's say i've found a motorshop that would loan me the full amount to buy a bike from a private seller (~3k) but they told me that i'll have to fork out the insurance myself (which means i can't loan machine price + insurance). is it possible i buy the bike first but do not apply for insurance. which means i own the bike, but i can't ride it because i've no insurance. i plan to buy the insurance at a later date because i do't have the cash yet.   this one more recent. haha.   The ruling by LTA is like this: YOU MUST HAVE VALID INSURANCE FOR THAT PARTICULAR MOTORCYLE TO EFFECT A TRANSFER. buyer no insurance = seller cannot transfer

[Phantomenace]

Originally posted by Tyrian@Apr 30 2006, 08:51 PM

they charge me on the current premium price divide by 365 days multiply by 13 days lo..

 

den they issue me another cert for that 13 days.. i did that juz to renew my road tax..

 

and after dat i switch to NTUC due to the cheaper premium..

 

at that time, mitsui quote me over $500 for my ver S for 3rd party.. the premium for the current period is higher than the previous period even with NCD included.. so i decided it's not worth it especially NTUC is quoting me $318 nett..

 

anyway, back to ur qn, i paid around $15+ for 13 days worth of insurance

great!!

 

im in the same situation. just want to extend a few month to renew road tax

[BottleCap]

Hmmm guys a question. If i wanna buy a bike now can i just buy 6 months insurance first if i am short on cash?

[natgw]

i think its possible. called ntuc the other time and they say can purchse 1/2 year insurance but u pay 70% instead of 50%

[flykite]

Originally posted by XrS!N@May 5 2006, 10:45 PM

Hmmm guys a question. If i wanna buy a bike now can i just buy 6 months insurance first if i am short on cash?

mitsui no, ins min 1 yr, can buy pro-rated for renewal

 

ntuc can meh? didn't know

[Phantomenace]

Originally posted by flykite@May 6 2006, 07:52 PM

mitsui no, ins min 1 yr, can buy pro-rated for renewal

 

ntuc can meh? didn't know

wat is pro-rated?

 

i not buying 6month but renewing 6 month...got different?

[kokping]

can anybody give me the address of mitsui insurance company?if i am not wrong is it still at golden mile complex?thanks for any help given..;..

[flykite]

Originally posted by Phantomenace+May 7 2006, 06:48 PM-->

QUOTE (Phantomenace @ May 7 2006, 06:48 PM)

wat is pro-rated?   i not buying 6month but renewing 6 month...got different?[/b] same

[Powieee]

I'm 18 , no riding experience and i'm getting SP .

How much rougly is the insurance ? for 1 year ?

 

and out of so many which do you guys recommand ??

Plus my pocket is tight ..

[Warthchild]

erm when changing sub rider do you need the presence of the main rider?>

[flykite]

Originally posted by Powieee@May 15 2006, 12:33 AM

I'm 18 , no riding experience and i'm getting SP .

How much rougly is the insurance ? for 1 year ?

 

and out of so many which do you guys recommand ??

Plus my pocket is tight ..

it depends on wat u buy and buy from who

a rough estimate would be from 400 - 800

[chaos_heaven]

hmmm a qns

 

Can i took out my current sub rider and put a new subrider? Procedure and costs? My insurance still got 7++month before due.

[kokping]

hi...i hav a question reguarding the changing of bikes...

 

if i am currently riding a sp,and i wan to sell it and buy a new bike,wat will happend to my insurance?

 

can insurance cover for 2 bikes?

 

and can insurance change the bike model?

 

pls advice.thanks

[kennethy]

nope, each insurance is unique to the rider and bike... if you need to change a rider or bike, you have to get another insurance...

 

but for rider, you can add another rider so a insurance can have max of 2 riders...

[Phantomenace]

i wan to extend my insurance for mitsui where shld i go? motortiam or the hong leong building but i heard hong leong there dun do le they would recommend to go to agent ....