insurance

[Jas1]

Insurance due soon. Just seeking opinion on the companies.
AIG, NTUC, China Taiping or any other.
AIG and NTUC offering about $ 1400 with ncd protector and any workshop repairs.
My ncd is 50 percent.
Any feedback appreciated.

 

[Red_Bean_Bun]

Re: insurance

AIG got no lawyers. Even if its not your fault ... you have to engage your own lawyer to claim the other party and prove to them 80% fault is the other party.

NTUC if langa comfort taxi ....... you think what they would do ?

 

[ktnpl]

Re: insurance

You may want to consider Aviva Online. The premium for my stock 2009 335i is only $847. Unlike other insurance companies that quote increasingly higher premium each year, Aviva Online quoted lower each year.

 

[LimPeh]

Aviva only insure stock cars. Perfect for people like me who have no money to mod. :sly:

 

[Meek]

Re: insurance

Cheap insurance comes free with inconvenient and clumsy claims process. So drive carefully.

 

[Jas1]

Re: insurance

Axa is about 50 dollars higher and considering them

 

[dash]

Re: insurance

sometimes its not just about premiums.

but then, if you are just comparing premiums, then its obviously cheaper the better.

 

[qus]

Re: insurance

Which 7 series model? MSIG?

 

[Red_Bean_Bun]

Re: insurance

Msig don't like sports cars .......

 

[C3P0]

Re: insurance

I think AXA is reasonable.

 

[Baby1M]

Re: insurance

You may want to consider Aviva Online. The premium for my stock 2009 335i is only $847. Unlike other insurance companies that quote increasingly higher premium each year, Aviva Online quoted lower each year.

That is F cheap, r u kidding me? With 50% NCD, 5% good traffic record and no claims for past 3-5 years, did not get premium quotes close to it.

 

[jacksonp]

Re: insurance

I was previously on directasia.
Their premiums seem reasonable, but claims procedure was seriously troublesome and there was an amazing amount of fineprint.

Really salute....

 

[rvt]

Re: insurance

Have been using AXA for a darn long time.
Had 2 minor incidents in my previous rides.
Lawyers professional, premiums not too far off, in sum:
Peace of mind (so far).

 

[ktnpl]

Re: insurance

That is F cheap, r u kidding me? With 50% NCD, 5% good traffic record and no claims for past 3-5 years, did not get premium quotes close to it.

My Aviva Car Insurance Policy Schedule with car number blanked out (car is registered in May 2009):

CAR INSURED
MAKE & TYPE OF BODY: BMW 335 3.0 i 2979cc
REGISTRATION NO.: SJQ_____
SUM INSURED: Market Value inclusive of COE
YEAR OF MANUFACTURE: 2008
OFF-PEAK CAR: No
MODIFICATIONS TO YOUR CAR: No

NO CLAIMS DISCOUNT
(This NCD amount is specific to your Aviva policy only)
NCD%: 50
Safe Driver Discount%: 5

TYPE OF COVER: Comprehensive
Own Damage Excess
POLICY EXCESS: S$1,000.00
VOLUNTARY EXCESS: S$0.00
note: in addition to policy excess
YOUNG AND/OR INEXPERIENCED DRIVER EXCESS: S$2,500.00
(Aged 24 and below and/or has held a valid driving license for less than 1 year.)
note: in addition to policy and voluntary excess
WINDSCREEN EXCESS: S$100.00
All excess subject to GST if applicable

PREMIUM CALCULATION
PREMIUM S$ 791.59
GST @ 7.00% S$ 55.41
TOTAL DUE S$ 847.00
Date Issued 14-Apr-2013

 

[JuzMe]

Re: insurance

Very good price.

 

[ktnpl]

Re: insurance

I opted for voluntary excesss in the past but not sure why it was removed and premium is cheaper!

 

[ktnpl]

Re: insurance

Aviva only insure stock cars. Perfect for people like me who have no money to mod. :sly:

Mine too. 100% stock. Even tyres were replaced after wear and tear with exact same brand and model (Michelin PS2).

 

[seanskye]

Re: insurance

I opted for voluntary excesss in the past but not sure why it was removed and premium is cheaper!

Maybe you moved into the next age bracket?

 

[ktnpl]

Re: insurance

Maybe you moved into the next age bracket?

Prime age

 

[M-Noobie]

Re: insurance

Wow, I just got an online quote and found out Aviva's quote is soooooo much lower than competition and MA is one of its authorized workshop! Somemore windscreen excess is only $100! Not bad considering others are charging $500 for windscreen excess (http://www.bmw-sg.com/forums/bmw-m-owners/76470-windscreen-excess.html).