There are 3 type of covers available for Motor vehicles.
2. Third Party, Fire and Theft
3. Third Party Only
Not all vehicles will be allowed full comprehensive cover. Vehicles which are too old in many case, may not be granted full comprehensive cover.
The Motor insurance policy is insured under the name of the owner. However, the underwritng considreation will be based on the main driver and the vehicle details
The period of insurance will usually be 1 year, tied to the road tax period.
No Claim Discount will be granted to the driver upon its renewal if there is no claim. The discount will increase to maximum of 50% if the driver has 5 years of consecutive accident free driving.
The insured may save some premium if he choose to insure his vehicle under the insurer authorised workshop. This is a little restrictive as compared to any workshop policy.
Insurers are offering several addition benefits. Check with your insurer if they provide for them.
1. Courtesy Car
2. Vehicle Accessories
3. NCD protector
Name : Ernesto
Contact : +65 6994 6688 ext 207
Email : email@example.com