Ways to lower your car insurance premium!


Motor insurance is an essential requirement be it if you are buying a brand new car or a used car from a car dealership or car mart in Singapore....
Motor insurance is an essential requirement be it if you are buying a brand new car or a used car from a car dealership or car mart in Singapore. Driving on the road without motor insurance is actually illegal in Singapore.
We believe that a car is an essential and a necessity be it is your intention to use it for commercial purposes or simply to ferry your family from point A to point B and to travel for work.   Here are some tips to lower your insurance premium!   Opt to increase your insurance excess   The excess is the amount of money you have to pay first before you can make a claim.
For example, your insurance excess is $500. This means when you are making a claim, you have to pay $500 out of your own pocket before your insurer handles the rest of the claim.
Though, with a higher insurance excess, you will get a discount on your premium, this also means that in case of an unfortunate event, you must be able to fork out a little bit of extra cash at that very moment.   Opt to visit the Insurer-Authorised Workshops   Every insurer has a panel of workshops that you can send your car for repairs and accidents.
However, there are car owners who prefer to repair their vehicle at their preferred workshop.   If you insist on visiting your preferred workshop there will be an additional markup on the insurance premium.
Hence, by agreeing to visit only the approval panel of workshop by the insurer, your premium will be lowered again since most insurance companies would have a slightly more expensive plan that lets you choose your own workshop   Avoid purchasing a cars with modifications   Every insurer will have a list of add on premiums for your vehicle’s enhancement or modifications. If you declare your modifications to the insurance company, your premium will definitely increase.
However, if you do not declare your modifications, you may experience difficulties when making a claim in a case of an unfortunate accident.   No claim discount (NCD)   No claim discount is a reward from the insurance to the driver for good driving behavior.
Basically, if you have been driving for a year without any insurance claim, you will be given a 10% NCD. Your NCD will be at 50% after 5 years of driving without any insurance claim.    50% NCD also means a 50% discount on your premium.
So, if your premium is S$1000 a year, after the 50% NCD has been deducted, you’ll only have to pay S$500 for your premium!     Certificate of Merit (COM)   A Certificate of Merit (COM) is by the Traffic Police to show that a person has been driving safely in Singapore for the past 3 years without any demerit points. By attesting to your safety records as a driver, you are entitled to more discounts to your insurance premium!    In short , nobody wants to pay an extravagantly high amount for their insurance premium.
Especially during your drive away when you also have to prepare your first installment payment which will cause a dent on your wallet. Do start alert and drive safe from everything you are behind the wheel.    We understand that everyone has different needs.
When you purchase a car from otua.Auto, we will provide you with 6 insurance quotations with different types of coverage. Otua Auto is also able to provide you with a 12 months credit card installment plan for your insurance purchase!      To consign with Otua and find out more about our services, please feel free to drop us a buzz in email/whatsapp or Facebook.
  Source: Free Articles from ArticlesFactory.com Otua Auto is a Singapore based car dealership..

Top blog stories

A review of Idmobile.com

Idmobile.com offers both pay-as-you-go and contract plans. Pay-as-you-go plans are ideal for customers who don't want to be tied down to a long-term contract, and they can purchase bundles of data, minutes, and texts as and when they need them.

see post

A review of Idmobile.com

Idmobile.com offers both pay-as-you-go and contract plans. Pay-as-you-go plans are ideal for customers who don't want to be tied down to a long-term contract, and they can purchase bundles of data, minutes, and texts as and when they need them.

see post

AO.co: Online Shopping Made Simple

AO.co is a trusted expert in TVs, washing machines, clothes dryers and other household appliances. AO.com is one of the largest retailers in the UK and it specializes in electronics, clothes and home furniture.

see post

For our people.

At Three, we believe phones are good. They just make life better. Easier. And more fun. But we all need to find a balance that works for us. Our mission is to help our customers use their phones to live their best lives.

see post

We make your life easier

We make your life easier Since 1992, we’ve been helping customers get the best deal on their dream phone. We firmly believe in giving you the highest quality, for the lowest price. That’s why we work with three of the UK’s leading networks to do all the haggling for you,...

see post

FOUR BRANDS BECOME ONE. CURRYS.

Currys PLC is a leading omnichannel retailer of technology products and services, operating through 800+ stores and 16 websites in seven countries.

see post

Halfords - Quicker, Easier, and Convenient.

At Halfords, we're all about the journey. With more than 700 stores with over 10,000 colleagues, we're the UK's leading retailer of automotive and cycling products. We are also the leading operator in MOT, tyres, car servicing and car repairs - pleasing more than 750,000 customers every year.

see post

FOUR BRANDS BECOME ONE. CURRYS.

Currys PLC is a leading omnichannel retailer of technology products and services, operating through 800+ stores and 16 websites in seven countries.

see post

Sky - Epic. Endless. Entertainment.

It's important to us that everyone gets great customer service and can enjoy our products, no matter their level of sight. So, if you're blind, partially sighted or struggle to see or read the screen, we’ve a range of features to help you get the most from our products and...

see post

Nasty Gal - We exist for the “girl in progress”.

Look iconic, without the hassle— using Nasty Gal discount codes, you can shop your favorite pieces for way less by simply entering one of our promotional codes (of your choice) at the checkout. From delivery offers, to promo deals, we keep ‘em coming, so you always have the offer you...

see post

Digital Publishing From Past to Now

The Covid-19 has caused the school and universities to shut down around the world creating a major issue in Learning and Education. As this virus spreads through the interaction and if social distanci... The Covid-19 has caused the school and universities to shut down around the world creating a major...

see post

Why it’s Important to Manage Your Holiday Calendars?

A printable calendar 2021 is a prominent online platform where you download printable calendars of your choice. These calendars can be customized as per our client requirement with photo, text, logo, or any other image. If you are thinking of planning a dream vacation tour with family and kids but...

see post

How To Throw The Most Amazing Birthday Party For Your Pet?


Birthdays are very special because they come only once a year, and it’s even more special when it’s the birthday of any of your family member, including your pet. That’s correct; celebrating your pet’s birthday is just as special and exciting, especially if you remember their birth date. And even...

How Should I Start to Train my Dog


This article seeks to give a simple overview of how should i start to train my dog. It differentiates between training a new born puppy and older dogs. With regards to how should I start to train my dog, it depends whether you have gotten a newly born puppy or...

10 Smartest Dogs


All dogs are intelligent and have equal emotional needs and equal anatomy. However few dogs are a notch better than others in the intelligence of understanding commands, adapatability etc. I have collated top 10 dogs who are smartest of all. Does your dog ever flabbergast you by her capacity to...

How are Army Dogs Trained?


Army dog training is different from pet training as these dogs are trained under harsh conditions to do tough jobs. To train an army dog, you need to set the standards high, not just for the dog, but also for yourself as a trainer. This article highlights some of the...

Training Is a Must for Puppies to Reach Their Ultimate Potential


Opting to train your puppy is recommended in order to avoid a variety of issues down the road. There are several details that you should take into account prior to embarking in this type of training with your puppy, so that you can ensure everything goes according to plan.  At...

7 Tips On Camping With Your Dog For The First Time


Camping is not merely about outdoor adventure, but it also enables you to rejuvenating your mind amidst the natural environment. You can boost this experience of yours when you plan this expedition with friends. Camping is not merely about outdoor adventure, but it also enables you to rejuvenate your mind...

List of 7 Most Common Dog Health Issues & Treatments


A canine is a heap of adoration, blessing enveloped by hide. On the off chance that you are a fledgling pet parent or have embraced a puppy since years, the basic medical problems can be an obstacle to your pooch's prosperity is a significant concern. At times, even your canine...

Summer Reassurance for Your Pooch — Nexgard Tasty Chews


Various treatments are available for the prevention of fleas on the dogs and protects them from the flea and tick infestations. Here we will learn in depth about the product Nexgard.   Everyone must have heard of the song Summer of ’69, wow that song must have brought out the memories...

Three Aspect That Changes Dog’s Personality


Different life events and habits tend to influence the personalities of different people. Surprisingly, dog’s personalities tend to change in a similar manner as they age. Although personalities may vary from species to the other, most dogs will become less active and less curious over time. Dogs can change significantly...

Dog's Diet


A well-balanced, nutritious diet is vital in keeping your dog healthy and happy. However, with many available diets, selecting the right diet for your dog can present a significant challenge. Domesticated dogs are primarily carnivores, but they tend to be omnivores in dieting. However, when deciding on what diet to...

Search topic

Dog's Diet

A well-balanced, nutritious diet is vital in keeping your dog healthy and happy. However, with many available diets, selecting the right diet for your dog can present a significant challenge. Domesticated dogs are primarily carnivores, but they tend to be omnivores in dieting. However, when deciding on what diet to...

Learn more