Insurance Woes

Ultra Magnus SG

Hi ppl,
I got ym 2B a few mths back liao, but haven't got a bike.
Reason is the sky high insurace.
NTUC quote me 1.3K! Crying or Very sad

Like that means that in 10 yrs, I got to pay at least 10K insurance. Shocked

Cos I P-plate, then 23 yrs old.
Well, my fren told me to juz get a 3rd party fire and theft enuff liao.

U ppl reccomend what insur comp/coverage?
Thanks for any help rendered.

ah_tee SG

wad coverage depends on wad bike

surely u wont get 3rd party for r1

and 1st party for Lao K

tOrDao SG

2B bike can don get comprehensive mahz...get a TFT can liaoz le...
comprehensive is very expensive...

No_regret SG

Another thing is that it will get cheaper as ur age increase and also the no claim bonus. Cool

nismoS132 SG

be glad you're not 18. the price would shoot up to 1.8k ~ 2k.
dun buy a new bike, look for a bike that is 4 years or older, the difference in price is HUGE.

you could opt for 3rd party only, or TPFT (3rd party + fire and theft, otherwise known as 2nd party), that would also cut down the costs by a few hundred.

nismoS132 SG

BTW, i like your nick, though i prefer springer more Cool