Car Insurance (Off-peak Car)

Saggice SG

Any idea is the car insurance of a OPC cheaper ??
The normal premium for me will be ard $2200 bucks (for normal cars) !! ... im 24, first veh.

Thinking of getting a OPC ... anybody can help ???

fishing7 SG

If i am not wrong, it is only cheaper by abit.

Shld be 5% cheaper, that's all

Saggice SG

5 % ahhhh ... better than nothing lorr.... hee...

but seriously, yearly insurance of 2k+ is just too much.... for first party though..... imagine one has to save ard $200 per mth to pay for the insurance.... !!

fishing7 SG

Dun worry, first year and first time buying car insurance will be at the high side. After a year and it there is not accidents being claimed, u will pay the 2nd year insurance at a rebated price.

I am not too sure how much is rebated. Probably about half or one third been rebated. Mine still have not reach the 1st year yet, so can't share much info

calfskin SG

10% discount every year if no claims against u, subject to a maximum of 50%.

digicharat SG

ohh... no wonder i went to pay insurance few days back they give me 10% discount.

so that means next yr i will be given another 10% discount to the price i paid this yr? then on the 5th yr i will only be paying 1/2 the price of my original insurance???

Saggice SG

yeah..... i tink there is not much of a choice rite?? if wanna get a first party insurance.... beta be safe than sorry........

so u guys got first party or 2nd more????

Ritz79 SG

saggice.. if u buying a new car..there should be some in house insurance ting..it will be cheaper.. or ask yr agents how many companies r there for e in house thing