Searching for the Cheapest Car Insurance Singapore

Searching for the Cheapest Car Insurance Singapore

Is it hard to look for car insurance in Singapore? It can be, especially if you do not know how to gather motor insurance quotes and use whatever good information you have about insurance policies to the maximum.

Nevertheless, to help you in your search, you can take note of the different tips on how to speed up your auto insurance comparison:

Use online auto insurance.
You can definitely search for the car insurance that is right for you by calling your local agents or by researching among different companies within your area. However, the entire process may take you more than a day.

You can quicken it and spend just around 5 minutes to an hour by going through the online auto insurance Singapore quotation services. All you need to do is to fill out a form or click at checkboxes that correspond to your needs. The website then gathers all the information from the websites of insurance companies, collate them, and present these data to you in terms of reports or tables. You can then check which among the list can give you better premium and coverage.

Know the criteria they use.
You may ignore some of the insurance companies’ quotes because they seem too pricey for you. You may not know it, but you could be letting go of a good offer.

There are different factors that are used by auto insurance companies in determining your premiums and your coverage. These can be classified into two general categories: driver’s profile and vehicle information.

Moreover, insurance firms can offer incentives, repair options, and other benefits to the car owners, which may then raise the premium you will have to pay. Nevertheless, if you have good driving record and zero claim history, no-claim-bonus will lower your motor insurance cost significantly. The percentage deducted from your premium can go up to 50 percent, depending on how many years you have not made any claim against your policy.

Last Updated On:
Thursday, August 28, 2014
Categories: Car Insurance , Money WISE