Car Insurance to Stabilise

Saw this news, and stated that car insurance will stabilize, how true will this news be?

http://sg.news.yahoo.com/blogs/fit-to-post-autos/motor-insurance-premiums-stabilise-031847144.html

Cheers

Knowing Insurance companies here....they are greedy...

kominato wrote:Knowing Insurance companies here....they are greedy...

... make that very greedy + no moral values!!!!

only time will tell
Any bro who has renewal recently and see better price?
mine is up for renewal in July.

ROCKSTAR wrote:

kominato wrote:Knowing Insurance companies here....they are greedy...

... make that very greedy + no moral values!!!!

Premium is increasing every year!!

helios wrote:only time will tell
Any bro who has renewal recently and see better price?
mine is up for renewal in July.

Yes, i did my renewal in the beginning of March'12
With 20% ncd, plus $30 cash back, i have to spent +/- 1.4k with ntuc

Didn't want to engage new line as i would lost the "loyalty" bonus for 3rd year onwards... No choice but to face the system in SG

Promote safe drive is always important and be gentle with our lovely car, somehow the "pain feeling" subsides by itself...

wah lau Mr 7! that is one expensive insurance for OPC!!!

you went to insure your angel eyes too?!!!

ROCKSTAR wrote:wah lau Mr 7! that is one expensive insurance for OPC!!!

you went to insure your angel eyes too?!!!

I think because they factor in:
1. My wife as additional driver. So total 2 drivers name into 1 premium and
2. We (me and my wife) have no experience driving records in sg

sevenseaters wrote:

helios wrote:only time will tell
Any bro who has renewal recently and see better price?
mine is up for renewal in July.

Yes, i did my renewal in the beginning of March'12
With 20% ncd, plus $30 cash back, i have to spent +/- 1.4k with ntuc

Didn't want to engage new line as i would lost the "loyalty" bonus for 3rd year onwards... No choice but to face the system in SG

Promote safe drive is always important and be gentle with our lovely car, somehow the "pain feeling" subsides by itself...

Ya... agreed that safety is most important.
Mine was around 1K last year. Let's see how it goes this year.

I was with NTUC for many years till 2010, when their premiums became the most expensive. have stopped and have gone on to others like India Insurance, etc...they are about 20 to 30 % cheaper !

My was about $1800, NCD drop to 20% (with NTUC) after i kana the accident with that RX8.
Before that thru out my 10 years my average is about $800-$900+ and manage to save to 50% NCD.

Bloody Hell (RX8)

Now I MISS my Car and workshop told me they are working on it and that will takes about 2 months ordering parts, waiting for it to comes in.

Dam it, that RX8.

FreeD 111 wrote:My was about $1800, NCD drop to 20% (with NTUC) after i kana the accident with that RX8.
Before that thru out my 10 years my average is about $800-$900+ and manage to save to 50% NCD.

Bloody Hell (RX8)

Now I MISS my Car and workshop told me they are working on it and that will takes about 2 months ordering parts, waiting for it to comes in.

Dam it, that RX8.

Bro, again, really sorry for the experience you encountered on the road...
Anyway, hope you can take the brighter side above than anything, the most important is that you are safe and sound.

And for your lovely ride, the process of the workshop to work out for you is also worth to wait.
We are certainly look forward the come back of mr blink2...