TD, Do you know how much
is your Taxi Insurance Excess ??
Excess, also called deductible, is
to the first amount of the claim which the insured has bear.
If the insured has an excess of $500 and the total repair
costs $3,000, then the insured has to pay $500 while
the insurer pays the remaining $2,500.
My 前辈 which before that was
driving TW2.0 and kena accident with another
car.Intially both party
agreed not to make any report。
Then my 前辈 happly go his wonderland to havoc, on his way to his
wonderland he received a call from the party that the other party
had decided to make Police report etc.
BUT my 前辈 carry on his happy
hours in his wonderland without rushing back to SG to make police
report. Few days later then he realise that and he decided to fark
care it.
End with Transcab sent him a
letter to demand for $5000 payment and he return his RED Fire
Engine to TC and create a big stroy about Transcab / Jasmine Tan
greedy. Finally
Transcab serve him a lawyer letter 。。。。。
Few months later my buddy Sam
kena chain accident and end with a $2140 case, This 前辈 start
Incited Sam go CASE to complain Transcab 。。。。。。。。
I told my Sam Transcab Insurance company is 1st Capital and the
Excess is $5000。。。。
Finally my buddy realised that what is happen and STOP do
anything.
To my understanding Transcab
accident case,
Only have 0% fault, 50%-50%
fault($1,070) and 100%
fault($2,140).
Also from my CDG fan, CDG
accident case
have O% fault, Minor fault 25%, 50%-50% fault,
Major fault 75% and 100% fault. (Please correct me if I am
wrong).

your mentor now become your 前辈
?
ok lar, 前辈 also a
kind of respect........ (to the death)