car insurance

When purchasing a car in Singapore, aside from preparing yourself for the hefty amount of money that you will need, for sure you have also done your research about things in lined to owning a car ─ in order to avoid misconceptions and unnecessary situations. This includes car insurance , which every car buyer and the owner should always put in top priority, given that the state where you live in mandates every single car (as well as a motorcycle) on Singapore road to have valid auto insurance. However, not all of us are experts when it comes to insurance, chances are we might face difficulties understanding what car insurance is and how does it work. In order to save you from the misleading information when it comes to having private car insurance, here are some of the common myths or rumors about car insurance that need to be driven out. 1. The color of cars affects the insurance premiums and deductibles Doesn’t it sound ridiculously funny how the color of your car determines ...

Car ownership in Singapore is indeed very expensive ─ and it is a known fact. The high cost of owning a car does not ends once you get the keys, as a matter of fact, it is just the beginning. Not because you have surpassed the hefty amount of money you paid in order to get the car of your dreams doesn’t mean the expenses will stop in there because the next thing your pocket needs to be ready is the cost of the auto insurance policy you will purchase. This will be followed by the petrol costs, maintenance, and/or the disbursement in case you want to customize your auto. Given those things, as a car owner, you surely are thinking of some ways on how to reduce the costs entailed by having a car. In that case, here are a few tips that can help you in trimming down the expenses of car ownership. 1. Make sure to always have jump-starter cables in your car Nothing stays permanent, either the batteries of your car. No matter how much you try, time will come that it will reach the end ...

Even though having a car in Singapore is five to six times the amount than in other countries ─ which makes it probably the most expensive in the world ─ many Singaporeans are still in the rush to buy one for their own. Because why not? Given the comfort and convenience of driving your vehicle, investing for such car is just worthy most especially if you just had a kid. Imagine the time and effort, not to mention the hassle of taking the public transports, which you could save in having your own car. Surely you wouldn’t want your kid(s) to experience what you had when taking MRT (which always has the tendency to break down) and buses, right? That is why a car makes a truly worthy investment if you are already a parent. However, getting a car in Singapore isn’t like buying a piece of an appliance for it is way far from that. As a matter of fact, there are some things a parent should consider before purchasing a car. 1. Affordability Since we are talking about a hefty amount of m...

Although owning a car seems to be the answer to the hassle you experience from commuting every single day to work, school or when running errands, being the owner or driver of your own car is not enough to spare you from such road problems. There are even times which you believe will be going to be a smooth ride can turn into stress due to some external factors that are beyond your control. If you are planning to get a car one of these days, here are some of the common complaints most drivers bring up when it comes to driving in Singapore. Regardless of the fact that the situations, which we are about to list down, is uncontrollable, you can somehow manage your feelings towards them ─ in case you encounter some. 1. High costs enveloped to owning a car in Singapore Singapore is known for being one of the countries with a high cost of living. That being said, owning a car entails a notably high amount of money; starting from the Certificate of Entitlement (COE) (a system which gi...

Traveling solo is a great way to search your soul but having a good road trip with the people you love ─ your family ─ is the best! With this, you can get to enjoy the beautiful view while strengthening the bond between you and your significant other and/or kids. Whether the trip is out of the country or interstate, having and driving your own car with your family in it is a picture-perfect event. But what if you don’t have your own vehicle yet want to experience seeing a new destination without hopping from one public vehicle to another? Renting a car is the solution! On the other hand, car rentals might give you wrong impressions, like the thought that it costs much than taking a public transportation vehicle. So to cut the notions lurking on your mind, here are some tips that can help you in saving money on car rentals. 1. Book in advance One of the best ways to save money when it comes to car rentals is booking it in advance, provided that you can get a better deal that w...

Car theft is not a common incident; it happens in many places at different parts of the globe, and yes, Singapore is no exemption to this. But believe it or not, motor vehicle and other related theft incidents in the country has decreased by 10.6% based on the Singapore Police Force’s Annual Crime Brief 2018 ─ from 991 cases in 2017 down to 886 cases in 2017. Despite this, there are still reported incidents of cars being stolen. Therefore, taking extra measures when it comes to securing the safety of your car is important. And this means having the best car insurance with the policies suitable for you and your car’s needs. In addition to the fact that driving a motor vehicle without valid motor insurance is against the law, there are other important things that you should know about motor insurance and car theft. Types of motor insurance that cover a stolen car Once you the key to your dream car in the palm of your hand, the next thing that you must do is to choose the auto ...

The quite huge amount of money that you have invested in your vehicle ─ whether it’s four wheels or two ─ is no joke. Which is why getting it insured should be on top of your priorities. The good thing is Singapore mandates all car and motorcycle owners/drivers to purchase motor insurance. It is an insurance policy that covers your vehicle against financial losses should you get into an accident, involving your car ─ whether you are found at fault or a third party is held liable. For those who are planning to purchase either a car or a motorcycle one of these days, please consider the fact that having auto insurance comes next to it. That being said, here are some important things that you need to know about vehicle insurance. What are the different types of vehicle insurance? Car Insurance This insurance is a must for everyone who owns a car. This kind of insurance covers physical damages, theft, and accidents involving your auto. Commercial Car Insurance Given the ...