Motor Insurance

[CR7]

Just called up 3 companies for insurance quotations too

 

AXA

TPFT - $680

TP

w/o

FT - $428

 

MITSUI

 

TPFT - $1000.45

TP

w/o

FT - $834.60

NTUC

TPFT - $1030.26

TP

w/o

FT - $661.28

 

With AXA being the lowest cost, should i just take it or is there any other stuff to consider?

 

P.S. sorry still noob at this, this is my first bike purchase:giddy:

 

i think u shuld jus take the AXA TPFT..can u pass me the no.?? btw wat bike ur buying?

[aStroBOi]

guys.. wat is d diff btwn TPFT n jz TP? which 1 to get? cos im reloaning x1 from my fren... den is it possible to reloan from a shop n den i get my own insurance?

[zart]

TPFT - insurance against Third party inclusive Fire and Theft

 

TP - insurance against Third party.

[aStroBOi]

ic ic thanks a lot.. den izit possible for me to take loan frm shop n den settle my own insurance?

[ya0s89]

anyone have the latest quotation?

18yrs old, p plate.

[flykite]

anyone have the latest quotation?

18yrs old, p plate.

 

most of us are not working in insurance company, how to give you quotation?

 

you need to provide information about yourself, the bike and the type of insurance you intend to buy so as to obtain a fairly accurate quote from our insurance advisors in SBF.

 

18yrs old, p plate, probably i'd say between $1,000 to $2,000 for a low and high estimate respectively.

would that figure be helpful? i certainly won't think so.

[ya0s89]

im jus thinking someone who's the same age as me,

may have called and asked abt their incurance.

why not post it here as reference?

i certainly think e 1k to 2k figures doensn't helps much

[aRcHeR]

1 thing to note about axa insurance. though they have the lowest premium rate around, but they will take damn long to do the paperwork.

 

they will take over 2months just to send you your policy papers, and also about the same time to get your refund if you cancel your insurance.

 

claims-wise, haven't got a chance to try, and definitely hope not to get a chance too.

[brack]

anyone have the latest quotation?

18yrs old, p plate.

 

maybe $1k below depends on wat bike u riding.. Under Mitsui Insurance but recently heard them say tat Mitsui price had raise... so maybe u can check ard wif Ntuc income... can call and ask them in needs... Ntuc can pay by installment wif 0% interest... If i'm not wrong..

[ya0s89]

out of those 2b bike which bike cheaper in insurance?

wanna buy nsr sp

[CR7]

recently ive call ntuc income to quote TPFT for me..1400+..so exp!! btw im 19 and coming to 1 yr of riding experience.. :sian:

[ya0s89]

wa, liddat jialat liao lor.

u gg to ride 1yr, still 1.4k

me p plate. gg to 1mth.

wahaha.

i think 1.7k got la.

wah, jus few mths back insurance was like 750?

zzz suddenly such a HUGE jump

[CR7]

wa, liddat jialat liao lor.

u gg to ride 1yr, still 1.4k

me p plate. gg to 1mth.

wahaha.

i think 1.7k got la.

wah, jus few mths back insurance was like 750?

zzz suddenly such a HUGE jump

 

ive call mitsui to ask them to quote for me for renewal..its also 1400+ for TPFT..then the staff says that from 1 oct onwards it will be more expensive becoz of increase form 60%-100%!!..WTF!!! my insurance ends on nov..i think im going to change liao like that..nowadays wan to ride motorcycle also like cannot afford because of this..eat ppl money:angry:

[zart]

ride bicycle lor. i oso canot tahan. get license put on display only..

[ZellGlory]

ride bicycle lor. i oso canot tahan. get license put on display only..

 

True, seems like in S'pore, nothing's free. Money is a commodity here. And expenses juz seems to be increasing.

[CR7]

everything increase but salary never increase..like that everyday eat plain rice and plain water only:dozed:

[gecko_asia]

try calling Sam @ 92701411. he helped me with me and my friends motor insurance , even for cars! get you all the necessary and best quotes.

[hykell]

uppzzzzzzzzzzzzzzzzzzzzzz

[zart]

ntuc provide installment right?.. any idea what are the terms..

[zart]

forgot to add.. if add subrider now..my name who just passed...to my dad..who's insur expiring next yr march.. possible right?..

need pay admin fees...any more?..

[tanchunxun]

ntuc provide installment right?.. any idea what are the terms..

need to pay 2month up front 1st

[tanchunxun]

forgot to add.. if add subrider now..my name who just passed...to my dad..who's insur expiring next yr march.. possible right?..

need pay admin fees...any more?..

ya.. need to pay admin fee but i not sure how much.. den when ur insurance expire on march, april will be calculate base on the youngest rider.

[zart]

thanks for the info.. i will take up ntuc cos mitsui premiums really shoot up.. hehe

[CoStar]

insurance premiums jump is only for those just pass their license this year 2007. those previous years remain same..i suppose this is due to the amount of accidents we motorcyclists have contributed. premium has actually increased to AROUND 850 for 2nd / 3rd party (not sure) PLUS 250 pro rate for those below 20. 150 for above 20 YRS OLD..

i believe this is to deter newbies who who still have mind of kids( for those below 20) from getting a bike without thinking of the consequences first and start to whack here and there

hope this can be a rough guide

 

NB: i am not an insurance agent. these are just my views. please correct me if it is wrong. the figures mentioned are those quoted by the receptionist of the bike shop i bought my bike from. the values are of mitsui insurance.

[Blesser]

wah jialat sia -.- that's totally not fair lah like that might as well raise the age limit to get bike license to 21 years old rather than give us false hope to get a bike before.. haiz ~