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motor insurance due

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darrylker:
Hi lations,

Currently on my 2nd year with AIG, which will be due in Oct. When I received my ride I was lucky to take over my dad's NCD of 50%, and was charged abt $1050 after discount. On my second year I was charged $1150 after 50% NCD + 5% loyalty plan.

My fren whom used to be SC at TCM Auto (Tamp) mentioned that motor insurance premiums most expensive for 1st time drivers & drivers below age of 29. After hitting the big 30, premiums will start to go down. But nowadays, motor ins premiums increasing due to losses from over-claiming.  :nonod:

Best advice is to do homework earlier & get the best deal before due date  ;)

Ying:
need new insurance to renew road tax. Which plan is better for those who drive up north frequently? Not looking for cheapest but lots of retriction and have to tow back to Singapore appointed workshop type.

NTUC is bad, I am still waiting for my original front screen  :nonod:

clarence:

--- Quote from: HumbleCar on May 02, 2008, 09:13:55 AM ---It is 3rd, 6th and 9th year.  Anyway, LTA will inform you when you need to renew road tax time.  (If you ever drive a > 10 year old car, inspection will be more regular.)

--- End quote ---

Compulsary inspection is required from the 3rd year omwards and once every 2 yrs up to 10 yrs (ie. 3rd, 5th, 7th, 9th year).

After 10 yrs, annual inspection is required.

Ying:
mine is Mar 2005 but the letter did not ask me to go for inspection leh, did I miss anything?

clarence:
The LTA system probably screwed up.  :bleh:

By right, you have to send your car for inspection by Mar 2008 (3rd yr) and you can renew road tax and insurance only upon getting a pass.

Better for you. Save $60+ in inspection fees.

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