Motor Insurance

[LoudnessFz]

Just share my insurance with u guys...

 

Bike: CBR 1k

 

Age: 20+

 

license: Feb passed

 

Insurance have to pay: NTUC = 3.3k (according to last yr july)

 

**maybe this year will be increase to more.

 

In the best of my knowledge,insurance for class 2 bike for those age younger than 25 years old is pretty heavy,so dont complain about it,its General Knowledge already.

 

 

Hey guys I gota a question, is it possible to get my dad (who is still riding) to get the insurance for me for the SP, of course with my very own dollar bills. Cause his insurance is about only $100~$200 a year whereas mine would gona cost about $600 !

 

TO ALL YOUNG RIDERS,NO!ITS NOT POSSIBLE!IF U PUT UR NAME IT IS THE SAME THING,AND THOSE DAYS WHERE THE PUT-UR-FATHER-NAME-WILL-BE-CHEAPER ARE GONE!GEDDIT 18 YEAR OLDS??

 

hi guys im kinda new at this, so i got a question:

if i use my father(56 years old) name as the owner & i put my name as sub-rider, which want will there take as insurance mine or my father? i heard if the person is older the insurance is cheaper? is it true? i need someone help with this.. thks

 

same answer here!

 

Meaning if i put my father name as e owner & im as e sub.. they will choice me as the wan 2 b insured.. zz

 

Any wan can help me? i need 2 get a yamaha x1-r 135c for my sister she's 27 this year & pass tp on 6 apr 09.. i need someone to give me a quotation for her age..

 

yeah u need someone alright,go call up ntuc or anda!donno their number?GOOGLE IT

 

Insurers were in the business to make losses?

 

Recently i also just renew my insurance and the premiums were still high,i asked NTUC why they raise the premiums,they said its becoz the number of accidents claim are getting ever higher,and theyre making losses,so in order for them not to go bankrupt is my bet will be raising the premiums higher.

 

IF insurance companies dont raise their premiums and go bankrupt...then the global economy will be WORST and slowing down again.

 

Remember AIG going bankrupt???

[LoudnessFz]

All right some information for riders age 20 and below.this is what i know after i asked so much from ntuc.

 

first is the riding experience they count that will affect ur quotation is based on 2 years..so even if u have one year experience...it wont lessen ur quotation.

 

2ndly,they count the 'maturity' age for riders is 21 years old and above(or was it 22 yo)that means if u age lesser than that...it still wont affect anything.

 

the bikes that is within the 1k+ range for third party would be the kup bikes,and kr just to name the common ones.the new bikes will ever be above 1k range.

 

and for bikes which is below 1k would be SP and RXZ,guys if any of u know other bikes below the range 1k just add up.

 

furthermore,i dont think there are any other insurance companies which are taking 18-19 year old riders,im not sure about AXA(ANDA) now but u can try.so just look up for ntuc.AND FORGET ABOUT MITSUI,THEYRE EVER THE MOST EXPENSIVE INSURANCE COMPANY OF ALL.

 

so now i guess the case is either u guys have money to pay insurance and everything,or dont ride at all.

 

and for the rest of u can u pls get ur lazy a$$ off the com and get ur phone and call these numbers;NTUC 98462663

AXA 65542288

and spend just 10 mins to ask for quotations!

 

thanks,hope all that info helps for newbies.the rest..inputs!

[Zakii]

one question abt TPFT if my bike was stolen i am able to claim from my insurance right what if after i claimed my bike was found back? any1 can ans me on that?

[contrarian]

one question abt TPFT if my bike was stolen i am able to claim from my insurance right what if after i claimed my bike was found back? any1 can ans me on that?

 

Once you have received the claims money and signed the discharge, the salvage value of the recovered bike belongs to the insurer. The bike would typically have been deregistered when the claim is paid.

[Demon]

one question abt TPFT if my bike was stolen i am able to claim from my insurance right what if after i claimed my bike was found back? any1 can ans me on that?

 

If I am think what you are thinking

 

You can always keep it in the pit, and use it exclusively for track or offroad up north.

[d_sinuza]

.AND FORGET ABOUT MITSUI,THEYRE EVER THE MOST EXPENSIVE INSURANCE COMPANY OF ALL.

 

 

ehh. i using MITSUI leh for my kr. lol. 1.1k. ex nots?

 

 

anws, got noob question. what happens to the insurance money if we never claim anything? they take ahh? lol.

[LoudnessFz]

they take ah abaden...actually if we got into accident..we dont claim from our insurance..we claim from the other party's insurance(provided that we are in the right i guess)..but if we're in the wrong...the other party claim from our insurance and we have to repair our vehicle ourselve..cannot ask for claim...thats why our insurance go high if ppl claim from us

[Zakii]

Once you have received the claims money and signed the discharge, the salvage value of the recovered bike belongs to the insurer. The bike would typically have been deregistered when the claim is paid.

 

then would i still be able to get back my bike?so if the bike have been deregistered like u said who would it belong to now?

[d_sinuza]

they take ah abaden...actually if we got into accident..we dont claim from our insurance..we claim from the other party's insurance(provided that we are in the right i guess)..but if we're in the wrong...the other party claim from our insurance and we have to repair our vehicle ourselve..cannot ask for claim...thats why our insurance go high if ppl claim from us

 

i see i see. lol. thanks for the clarification!

[Demon]

then would i still be able to get back my bike?so if the bike have been deregistered like u said who would it belong to now?

 

 

The answer is already in your Post. Read again

 

Once you have received the claims money and signed the discharge, the salvage value of the recovered bike belongs to the insurer. The bike would typically have been deregistered when the claim is paid.

[swiftee]

Hi,

 

Does anyone know which insurance companies are willing to insure a bike that is >20 years old? I've tried NTUC but they won't accept my bike cause it's too old. Thanks.

[Zakii]

opps i see i see didnt see carefully haha.

[garfieldrox]

In the best of my knowledge,insurance for class 2 bike for those age younger than 25 years old is pretty heavy,so dont complain about it,its General Knowledge already.

 

 

 

 

TO ALL YOUNG RIDERS,NO!ITS NOT POSSIBLE!IF U PUT UR NAME IT IS THE SAME THING,AND THOSE DAYS WHERE THE PUT-UR-FATHER-NAME-WILL-BE-CHEAPER ARE GONE!GEDDIT 18 YEAR OLDS??

 

 

 

same answer here!

 

 

 

yeah u need someone alright,go call up ntuc or anda!donno their number?GOOGLE IT

 

 

 

Recently i also just renew my insurance and the premiums were still high,i asked NTUC why they raise the premiums,they said its becoz the number of accidents claim are getting ever higher,and theyre making losses,so in order for them not to go bankrupt is my bet will be raising the premiums higher.

 

IF insurance companies dont raise their premiums and go bankrupt...then the global economy will be WORST and slowing down again.

 

Remember AIG going bankrupt???

 

hmmmm... I did not complain abt the price? Cuz I will wait until age of 25 yr old. Nothing to complain abt also.

 

For Kawa 250.... My insurance is abt $1510.95 (2nd party Fire and Theft). Base on my 20 yr old age and abt 3 yr of riding. The point they count for mi is 59 points. Get this from NTUC!

[geekyspecs]

I just call up ntuc they qoute mi 3k+ for insurance under 21 for a r1 04 ... This is madness

[LoudnessFz]

I just call up ntuc they qoute mi 3k+ for insurance under 21 for a r1 04 ... This is madness

 

aiseyman...thats so obvious...what do u expect?ur less than 21 and even a spark proved costly for 18 year old...what do u experct from a litre bike?told ya...U-25 bikers insurance for class 2 bike are still expensive...just forget about it..get 26 yo fast

[zell_teo]

anyone hav the idea how muchy it gona cost for getting an s4, wif 3yr riding exp but age 24.. thx

[Team_Commander]

anyone hav the idea how muchy it gona cost for getting an s4, wif 3yr riding exp but age 24.. thx

 

it depends on which party u take and what's the plate of the S4...

[Tyrian]

if i buy insurance, pay the money liao, den realise can use my certificate of merit, can ask for refund?

[LoudnessFz]

anyone hav the idea how muchy it gona cost for getting an s4, wif 3yr riding exp but age 24.. thx

 

anyone have any idea why some ppl still ask the forumers?while i already given the relevant contact numbers to ask for insurance quotation which u can get accurately and only cost u a few minutes?:sian::sian::sian: thx

[Tyrian]

anyone have any idea why some ppl still ask the forumers?while i already given the relevant contact numbers to ask for insurance quotation which u can get accurately and only cost u a few minutes?:sian::sian::sian: thx

 

ppl are phone shy la. muz give chance..

[ya0s89]

jus renewed my insurance.

20 this yr, havent pass bday, so considered 19.

riding nsr sp FU plate.

NTUC 3rd party - $722.60

0% NCD

 

btw, no more p plate, passed on march 08.

when i 1st get my policy it's 623, but i was nt the main.

now signed as new policy with the new price.

fkin lots of diff -.-"

Edited April 21, 2009 by ya0s89

[LoudnessFz]

wow it really has gone up...

[aceboi]

wow.. yearssss back when i rode SP.. only cost me $170 for a year insurance.. haha.. was using my dad as main rider.. lol

 

as for the S4.. try to quote it at ard +-$500 lor..

[LoudnessFz]

wow.. yearssss back when i rode SP.. only cost me $170 for a year insurance.. haha.. was using my dad as main rider.. lol

 

as for the S4.. try to quote it at ard +-$500 lor..

 

yeah...its YEARS BACK guys...pls dont ask the same noob common question again thank you

[onitsuka2]

just got my insurce from AXA today, previously was using NTUC, paid 838 for my first year and 2nd year renewal i was told my amount would be 577 so decided to switch to AXA and it saved me so much!!!

 

age: 24

ride: Aprilia RS125

plate : FW

10% NCD = $388