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Contact Details
Address: 302 Orchard Road, #09-00, Tong Building
Singapore 238862, Singapore
Phone: 67388211, +65-62357014 | Fax: +65-67388133
Opening Hours :
Mon – Fri : Â Â Â 8:30 AM – 5:30 PM
Sat – Sun & Pub : Â Â Â Closed
Do you market for Nanyang Insurance Co Ltd in Singapore? If yes, do drop us an email to update your company information
Contact Details
Nippon Fire & Marine Singapore HQ
Address: 50 Robinson Road, #15-00, MMB Building
Singapore 068882, Singapore
Phone: +65-6222-6001, +65-62249130, +65-65603376, +65-65613495 | Fax: +65-62222557
Opening Hours :
Mon – Fri : Â Â Â 8:45 AM – 5:30 PM
Sat – Sun & Pub : Â Â Â Closed
Authorize Agent: PAN OCEAN INSURANCE AGENCY PTE LTD
7 Fan Yoong Road, Singapore 629785
Tel: (65) 6266 1156 | Fax: (65) 6266 3359
Website: Pan Ocean Insurance Agency
China insurance is one of the oldest insurers in Singapore. Established in 1938, China has been offering a wide range of general insurance solutions to both individuals and businesses.
Types of car insurance plans – Private and commercial vehicles (AutoExcel Plan and AutoSafe Plan)
Contact Details
Enquiry (65) 6389 6148
Email e-personal@chinainsurance.com.sg
Website China Insurance
Some premium coverage to China insurance
Checkout the list of Authorize Workshops – Check Them Out Below
Cheng Hoe Motor Services *
10 Ang Mo Kio Auto Point
Ang Mo Kio Industrial Park 2A
#01-04, Singapore 568074
Tel: 6481 2001 | Fax: 6482 1296 | 24-Hrs Towing Phone: 6758 6163
Branches
1. 38, Woodlands Ind. Park E1
#05-04/05, Singapore 757700
Tel: 6765 6142 | Fax: 6769 2687
2. Blk 1019, Yishun Industrial Park A
#01-374/382, Singapore 768761
Tel: 6755 6142 | Fax: 6755 7719
Eurotech Auto Pte. Ltd.
176 Sin Ming Drive, #05-10
Sin Ming AutoCare, Singapore 575721
Tel: 6553 3160 | Fax: 6553 3650
Huat Heng Motor Trading
Blk 7, 397-F, Woodlands Road
19km, Yew Tee Industrial Estate, Singapore 677998
Tel: 6769 4684 | Fax: 6769 3041 | 24-Hrs Towing Phone: 9661 5155
K. Kim Hin Auto Pte. Ltd.
Blk 34, Sin Ming Drive
#01-114, Singapore 575708
Tel: 6452 7018 | Fax: 6458 3895 / 6454 9575 | 24-Hrs Towing Phone: 6452 7018
Lai Huat Meng Kee Motor Pte. Ltd.
21, Sin Ming Industrial Estate
#01-58/60, Singapore 575679
Tel: 6453 8110 | Fax: 6459 6267 | 24-Hrs Towing Phone: 6453 8110
Meng Whee Brothers Motor Service
10 Ang Mo Kio Auto Point
Ang Mo Kio Industrial Park 2A #05-25, Singapore 568047
Tel: 6484 6330 | Fax: 6484 6331 | 24-Hrs Towing Phone: 6484 6330
S & H Motor Pte. Ltd.
11, Sin Ming Road
Sin Ming Industrial Estate #01-83, Singapore 575655
Tel: 6453 4730 | Fax: 6457 1931 | 24-Hrs Towing Phone: 9677 8873
Sin Yew Hup Welding
Blk 4, 393M Woodlands Road
Yew Tee Industrial Estate, Singapore 677981.
Tel: 6760 0819 | Fax: 6769 0221 | 24-Hrs Towing Phone: 9834 1939
ORIX Fleet Management Pte. Ltd.
30 Bukit Batok Cresent, Singapore 658075
Tel: 6319 8011 | Fax: 6319 8009 | 24-Hours Hotline: 9090 6766
Email: motorclaims@orix.com.sg
Sng Ah Tee Motor & Panel Service Pte. Ltd.
3, Pioneer Road North #01-18, Singapore 628457
Tel: 6268 6183 | Fax: 6268 1429 | 24-Hrs Towing Phone: 6268 6183
STAR Workshop
5 Portsdown Road, Singapore 139296
Tel: 6562 0000 | Fax: 6475 1991 / 6473 0470 | 24-Hrs Towing Phone: 9718 9999
Car City Auto Centre Pte. Ltd.
(Specialised in Repairing Common Parallel Imported Vehicles)
Blk 9006 Tampines Street 93
#01-198 Singapore 528840
Tel: (65) 6781 0300 | Fax: (65) 6782 0300 | 24-Hrs Hotline No. (65) 9621 4666
Email: ccacpl@singnet.com.sg
Hock Wah Motor Workshop Pte. Ltd.
Blk 3011 Bedok Industrial Park E,
#01-2008 / 2010 / 2012, Singapore 489977
Tel: 6441 5655 | Fax: 6441 5355 | 24 hours Towing Services: 6785 3933
Email: autoservices@hockwah.com.sg
Hock Wah Motor Workshop Pte. Ltd. Branch
Blk 9006 Tampines Street 93 #01-204
Singapore 528840
Tel: 6785 3933 (3 lines) | Fax: 6788 3933
Email: autoservices@hockwah.com.sg
Progressive Automotive
Blk 3022A, Ubi Road 1
#01-45 / 46, Singapore 408716
Tel: 6741 5336 | Fax: 6741 7208 | 24-Hrs Towing Phone: 9679 7155
Email: hiroms@singnet.com.sg
Jin Auto Enterprise
14, Defu Lane 10 #01-410 / 412, Singapore 539195
Tel: 6289 8126 | Fax: 6287 0590 | 24-Hrs Towing Phone: 6286 3639
Kwan Ying Mun Motor Service
3023A, Ubi Road #01-57, Singapore 408717
Tel: 6747 6845 / 6743 7565 | Fax: 6749 3302 | 24-Hrs Towing Phone: 6743 1987
Standarise Mechanical Engineering (SME)
Blk 1069, Eunos Avenue 5 #01-179 / 181, Singapore 409748
Tel: 6747 6106 | Fax: 6744 2368
Specialists Motor Pte. Ltd.
Blk 3018A, Ubi Road 1 #01-24 / 26, Singapore 408711
Tel: 6747 2112 | Fax: 6743 8032
Malaysia
CHAI Motor & Welding Workshop
3, Jalan Bertam 8, Taman Daya
81100 Johor Bahru, Johor, Malaysia.
Tel: 07-3556862 / 3555808 | Fax: 07-3547335
Email: chaimtr@pd.jaring.my
For Chery Cars
Vertex Automobile Pte. Ltd.
Blk 9, Kaki Bukit Road 1
Eunos Technolink, #01-01 / 02 / 03 Singapore 415938
Tel: 6742 9368 | Fax: 6742 8127 | 24-Hours Hotline: 9853 1969
For Hafei Cars
Hafei Automobile (S) Pte. Ltd.
55, Ubi Ave 3, Level 1
Mintwell Building Singapore 408864
Tel: 6842 2169 | Fax: 6842 5781
PS: In 2002, China Insurance Co. Ltd. and The Tai Ping Insurance Co. merged as 1 entity
Tokio Marine Insurance Singapore is one of the many insurance companies in Singapore. They widely known for general insurance which includes vehicle insurance coverage.
Insurance available – Private Cars
Contact Details
Enquiry (65) 6325-0440
Website Tokio Marine Singapore
Tokio Marine covers accidental loss or damage to your vehicle and your legal liability for third party (including passenger) injury and property damage. You will also enjoy some of the following coverage:
Tokio Marine Insurance Singapore is a new entity created in July 2008 from former Tokio Marine & Fire Insurance Co. (Singapore) Pte. Ltd. and TM Asia Insurance Singapore.
Need a list of Authorize Workshops – Check Them Out Below
Ah Lim Motor Company
No. 10 Ang Mo Kio Industrial Park 2A
#01-09 AMK Autopoint, Singapore 568047
Tel: 6483 1244 | Fax: 6483 6170 | Towing Tel: 9620 5405
Cheng Hoe Motor Service
10 Ang Mo Kio Industrial Park 2A
#01-04, Singapore 568047
Tel: 6481 2001 | Fax: 6482 1296 | Towing Tel: 6755 6142
Alan’s United Auto
Blk 7 Sin Ming Industrial Estate
#01-76, S(575642)
Tel: 6453 8686 | Towing Tel: 6453 8686
City Auto Testing Centre Pte Ltd
Blk 8 Sin Ming Road #01-60/62
Sin Ming Industrial Estate, Singapore 575643
Tel: 6453 1235 | Towing Tel: 9093 0499
Falcon-Air Auto Services Pte Ltd
176 Sin Ming Drive #01-06/07/13
Sin Ming Autocare, Singapore 575721
Tel: 6452 0880/6458 0880 | Fax: 6454 7862 | Towing Tel: 6459 2552
K Kim Hin Auto Pte Ltd
Blk 34 Sin Ming Drive
#01-114, Singapore 575708
Tel: 6452 7018 | Fax: 6458 3895 | Towing Tel: 6452 7018
Lai Huat (Meng Kee) Motor Pte Ltd
Blk 21 Sector A #01-56/58/60
Sin Ming Industrial Estate, Singapore 575679
Tel: 6453 8110 | Fax: 6459 6267 | Towing Tel: 6453 8110
S & H Motor Pte Ltd
Blk 11 Sin Ming Industrial Estate
#01-83, Singapore 575655
Tel: 6453 4730 | Fax: 6457 1931 | Towing Tel: 9677 8873
STAR Automotive Centre
176 Sin Ming Drive #04-05
Sin Ming Autocare, Singapore 575721
Tel: 6552 8268 | Fax: 6455 4934 | Towing Tel: 9718 9999
Vin’s Motor Pte Ltd
Blk 12 Sin Ming Industrial Estate
Sector B, #01-68, Singapore 575656
Tel: 6453 2121 | Towing Tel: 6458 1111
Cheng Hoe Motor Service
38 Woodlands Industrial Park E1
#05-04/05, Singapore 757700
Tel: 6765 6142 | Fax: 6769 2687 | Towing Tel: 6755 6142
Lee Kuan Hwa Motor Service
14 Sungei Kadut Street 3
Singapore 729145
Tel: 6269 9192 | Towing Tel: 9631 1712
Sin Yew Hup Welding
Blk 4 Woodlands Road, 393M
Yew Tee Industrial Estate, Singapore 677981
Tel: 6760 0819 | Fax: 6769 0221 | Towing Tel: 6563 5620
Seah Motor Trading Company
Blk 2 Kranji Loop
#01-06, Singapore 739538
Tel: 6365 0428 | Fax: 6367 8421 | Towing Tel: 9661 4737
Toh Ah Swee Spray Painting Co
Blk 2 Kranji Loop
#01-02 off Kranji Road, Singapore 739538
Tel: 6366 0286 | Fax: 6368 5943 | Towing Tel: 6366 0115
Cheng Hoe Motor Service
Blk 1019 Yishun Industrial Park A
#01-374, Singapore 768761
Tel: 6755 6142 | Fax: 6755 7719 | Towing Tel: 6755 6142
Falcon-Air Auto Services Pte Ltd
Blk 9006 Tampines Street 93
#01-200, Singapore 528840
Tel: 6789 7997 | Fax: 6788 7997 | Towing Tel: 6459 2552
Hock Wah Motor Workshop Pte Ltd
Blk 3011 Bedok Industrial Park E
#01-2008/2010/2012, Singapore 489977
Tel: 6441 5655 | Towing Tel: 6785 3933
NPH Auto Service
Blk 9005 Tampines Street 93
#01-246/254, Singapore 528839
Tel: 6784 0663 | Towing Tel: 8233 1010
Chin Meng Motors
Blk 1060, Eunos Ave 3
#01-178, Singapore 409850
Tel: 6747 4810 | Fax: 6745 5018 | Towing Tel: 6747 4810/9777 7373
Kan Fook Sing Motor Workshop
Blk 61 Defu Lane 12
Singapore 539147
Tel: 6747 9560 | Fax: 6748 1006 | Towing Tel: 9630 3538
Indeco Engineers Pte Ltd
39, Defu Lane 12, Singapore 539139
Tel: 6382 2591/6382 2763 | Fax: 6382 2817 | Towing Tel: 9678 7717
Progressive Automotive
Blk 3022A Ubi Road 1
#01-45/46, Singapore 408716
Tel: 6741 5336 | Fax: 6741 7208 | Towing Tel: 9679 7155
Standardise Mechanical Engineering
Blk 1069 Eunos Avenue 5
#01-179/181, Singapore 409748
Tel: 6747 6106 | Towing Tel: 6747 6106
Orix Fleet Management Pte Ltd
30 Bukit Batok Crescent
Singapore 658075
Tel: 6319 8011 | Fax: 6319 8009 | Towing Tel: 9090 6766
Seah Motor Trading Company
Blk 21 Toh Guan Road East
#01-24, Toh Guan Centre, Singapore 608609
Tel: 6795 3636 | Towing Tel: 9628 2688
Woon Meng Motor Engrg Service
50 Bukit Batok Street 23
#01-06 Midview Building
Singapore 659578 | Tel: 6316 1131 | Towing Tel : 9730 2017
Kong Hoi Motor Pte Ltd
Blk 1002 Bukit Merah Lane 3
#01-79, Singapore 159719
Tel: 6278 2002/6278 1627 | Fax: 6272 6182 | Towing Tel: 6278 2002
Mova Automotive Pte Ltd
Blk 1008 Bukit Merah Lane 3
#01-04, Singapore 159722
Tel: 6272 3892 | Towing Tel: 9616 3377
OKI Motor Workshop
Blk 1010 Bukit Merah Lane 3
#01-113, Singapore 159724
Tel: 6272 7333 | Towing Tel: 6272 7333
Falcon-Air Auto Services Pte Ltd
No. 8 Pandan Loop, Singapore 128226
Tel: 6779 5665 | Fax: 6779 1110 | Towing Tel: 6459 2552
STAR Automotive Centre
5 Portsdown Road, Singapore 139296
Tel: 6562 0000 | Fax: 6475 1991 | Towing Tel : 9718 9999
Ban Choon Motor Works
Blk 3 Pioneer Road North
#01-14/15, Singapore 628457
Tel: 6264 1191 | Fax: 6261 1324 | Towing Tel: 9637 9368
Goldbell Engineering Pte Ltd
10 Tuas Ave 18, Singapore 638894
Tel: 6864 0686 | Fax: 6863 0425 | Towing Tel: 6265 7826
Jun Taiyo (S) Pte Ltd
No. 8 Forth Lok Yang Road
Singapore 629705 | Tel: 6466 3022 | Towing Tel: 6001 3857
Orix Fleet Management Pte Ltd
50 Gul Crescent, Singapore 629543
Tel: 6862 7117 | Fax: 6319 8009 | Towing Tel: 9090 6766
Sng Ah Tee Motor & Panel Service Pte Ltd
Blk 3 Pioneer Road North
#01-18 Singapore 628457
Tel: 6268 6183 | Fax: 6268 1429 | Towing Tel: 9624 9642/9819 6986
Seah Motor Trading Company
Blk 9, Pioneer Road North
#01-53, Singapore 628461
Tel: 6266 0544 | Fax: 6261 9415 | Towing Tel: 9111 6655
Tabernacle (Auto) Services Pte Ltd
41 Kian Teck Drive
Singapore 628855
Tel: 6268 5026 | Fax: 6268 8668 | Towing Tel: 6268 5026/6583 0001
Triangle Auto Pte Ltd
20 Tuas Ave 2, Singapore 639451
Tel: 6861 4800 | Fax: 6861 6900 | Towing Tel: 6844 3611/6265 7826
Woon Meng Motor Engrg Service
20 Boon Lay Way
#01-167 Tradehub 21
Singapore 609967 | Tel: 9730 2017 | Towing Tel : 9730 2017
Ever wonder why you need to fill up those lengthy forms when requesting for a car insurance premium quote? Well the information request is meant for all vehicle insurers to assess the business risks before accepting you as a policyholder. With the complete information, your insurance agent would be able to request an accurate car insurance premium from the insurer. This is important as factors like martial status, job nature, accident claims will either increase or decrease the premium.
When requesting for a car insurance quote in Singapore, you would need to provide the following information.
This is just a short list of items that your insurance agent or car insurance broker would ask. In our next article, we will list out several other items that would be needed on top of the above. These are in addition of the normal full name, contact details, vehicle number, etc.
In the meantime, if you are looking to get a cheaper Singapore car insurance renewal premium, do feel free to submit a quote today.
Admit it. There has been a time when you’ve purchased a car and insured it with the car insurance office nearest the dealership. Or the same car insurance company your dad uses. Or the same one your significant other uses. Or the one whose advertisement you heard on the radio as you were pulling into the dealership. The point is, you purchased car insurance without giving it much thought. You just wanted to insure your new car and drive it off the lot.
These kinds of hasty decisions can result in paying much more than necessary for car insurance. That’s bad news for those of us on a budget. If you are looking for budget car insurance, as many of us are, there are a few things you should consider before purchasing just any old car insurance policy.
1. Take a defensive driving course. Many states require these kinds of courses, and many car insurance companies will offer lower car insurance rates to drivers who take them regardless of whether or not they are required.
2. Use what you learn from the driving course. Follow the rules of the road, and keep your driving record clean! Accidents and traffic citations will raise your car insurance rates.
3. Safeguard your car and yourself. Install an alarm system, and make sure you are driving with antilock brakes and air bags.
4. Raise your deductible. Most car insurance companies will lower your rates if you raise your insurance deductible.
5. Utilize your policy. If you own more than one car, cover all of them under the same car insurance policy.
6. Review your policy. Your car insurance needs may change as time passes. For example, you may get around to taking that driving course or adding additional safety features to your car. Contact your car insurance agent and schedule an appointment to make changes to your policy and lower your car insurance rates!
Affordable Car Insurance
Home Owners Insurance
Affordable Health Insurance
What is auto insurance? Auto insurance (or car insurance, motor insurance) is insurance consumers can purchase for cars, trucks, and other vehicles. Its primary use is to provide protection against losses incurred. By buying auto insurance, depending on the type of coverage purchased, the consumer may be protected against:
* The cost of repairing the vehicle following an accident
* The cost of purchasing a new vehicle if it is stolen or damaged beyond economic repair
* Legal liability claims against the driver or owner of the vehicle following the vehicle causing damage or injury to a third party.
Liability insurance covers only the last point, while comprehensive insurance covers all three. Even comprehensive insurance, however, doesn’t fully cover the risk associated with buying a new car. Due to the sharp decline in value immediately following purchase, there is generally a period in which the remaining car payments exceed the compensation the insurer will pay for a “totaled” (destroyed, or written-off) vehicle. So-called GAP insurance was established in the early 1980′s to provide protection to consumers based upon buying and market trends. The escalating price of cars, extended term auto loans, and the increasing popularity of leasing gave birth to GAP protection. GAP waivers provide protection for consumers when a “gap” exists between the actual value of their vehicle and the amount of money owed to the bank or leasing company. In some countries including New Zealand and Australia market structures mean that people are more likely to buy a nearly new car than a new car so this is less of a problem.
In the United States, liability insurance covers claims against the policy holder and generally, any other operator of the insured’s vehicle, provided they do not live at the same address as the policy holder and are not specifically excluded on the policy. In the case of those living at the same address, they must specifically be covered on the policy. Thus it is necessary for example, when a family member comes of driving age they must be added on to the policy. Liability insurance generally does not protect the policy holder if they operate any vehicles other than their own. When you drive a vehicle owned by another party, you are covered under that party’s policy. Non-owners policies may be offered that would cover an insured on any vehicle they drive. This coverage is available only to those who do not own their own vehicle.
Generally, liability coverage does extend when you rent a car. However, in most cases only liability applies. Any additional coverage, such as comprehensive policies, i.e. “full coverage” may not apply. Full coverage premiums are based on, among other factors, the value of the insured’s vehicle. This coverage may not apply to rental cars because the insurance company does not want to assume responsibility for a claim greater than the value of the insured’s vehicle, assuming that a rental car may be worth more than the insured’s vehicle. Some states, such as Minnesota, may require that it extend to rental cars. Most rental car companies offer insurance to cover damage to the rental vehicle. In some regions, the costs associated with not having access to the vehicle (“Loss of Use”) is also covered.
More information at auto insurance
What is auto insurance? A basic primer on auto insurance.
Auto insurance, as the term suggests, is insurance that you can purchase for your vehicle (cars, trucks, SUVs, motorcycles, etc.). It provides protection against losses incurred as a result of vehicle accidents. While the product seems simple, there are many different types of auto insurance policies available for purchase. Depending on the policy that you choose, your coverage levels and types will vary. Broadly speaking, these are the types of auto insurance programs on the market today:
Coverage:
* ‘Comprehensive coverage’ (Comp) – This kind of insurance insures your vehicle against the cost of purchasing a new vehicle if it is stolen or destroyed in a fire.
* ‘Collision coverage’ (Coll) – This kind of insurance insures your vehicle against the cost of repairing the vehicle following an accident or the cost of purchasing a new vehicle if it is damaged in an accident beyond economic repair.
Protection:
* Personal Injury Protection (PIP) – This insures against the cost of medical expenses and lost wages related to the use, ownership or maintenance of a motor vehicle. This insurance is mandatory in some U.S. states.
* Medical Payments (MP) – insures against the cost of medical expenses for bodily injury sustained in an accident beyond any expenses that may be covered by PIP.
* Legal liability claims against the driver or owner of the vehicle following the vehicle causing damage or injury to a third party.
While ‘Liability insurance’ covers only legal liability, ‘comprehensive insurance’ covers PIP, MP, as well as legal liability. In the United States, liability insurance covers claims against the policyholder and any other operator of the insured’s vehicle. If, however, any other operators live at the same address, they must specifically be covered on the policy. For rented vehicles, most rental car companies offer insurance to cover damage to the rental vehicle.
While comprehensive insurance covers most aspects of damage which can affect the car itself or the driver, there is one risk associated with buying a new car is not covered even by comprehensive insurance – once the car is bought, there is a sharp decline in its value. During this period (immediately after a car is bought), in which the remaining car payments exceed the value of the vehicle and thus the compensation the insurer will pay for a ‘totaled’ (destroyed, or written-off) vehicle, customers may consider purchasing ‘GAP insurance’. GAP insurance was established in the early 1980′s to provide protection to consumers based on buying and market trends.
Chris Tolamalu is interested in auto insurance.
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When you are looking to buy a new car or a used car you should call your AAA auto insurance company. All of the AAA accounts offer assistance with choosing a car and your coverage will too. Buying a car can be really difficult because it is hard to deal with salesmen who want to get as much money as possible. Most salesmen don’t know the condition of the vehicles they are selling and they don’t care. They want to make the sale and that is all.<p>
When you go through your AAA auto insurance because you are looking for a new car all you have to do is tell them you need help. Tell them the type of car you are hoping to find and how much money you want to spend. They will do the footwork to find the vehicle that is right for you. The great thing about AAA is that they know if the car breaks down it is them you are going to call for help. They will have to pay for the problems if the vehicle needs service. This works for you because they will research the vehicle and be sure you are driving something totally safe and needs as little work as possible.<p>
Looking for a new or used vehicle through AAA auto insurance is a really good idea because you won’t get talked into paying more money than you can afford. When you call them and tell them what you can afford for payments or how much you have to spend they will negotiate for you. They will find the best vehicle at the price you can afford to pay. A car salesman will not be able to scam you ever again.<p>
When you use your AAA auto insurance for assistance to buy a new or used car you don’t have to pay them anything, not even a deductible. This is one of those amazing things they provide for their members of all of the policies. Buying a car has never been so easy when it comes to using AAA for assistance. You won’t have to deal with a car salesman through negotiations and you don’t have to worry about buying a lemon either.
Since 2006 Natasha Wilson has been assisting consumers nationwide in saving on their AAA Auto Insurance policies finding you the right price. AAA Car Insurance are just a few clicks away. Let us help you find affordable insurance plans, get started today!
Car insurance is one of the most irritating of bills for the
average family. It’s getting more and more expensive to insure
your car just as it is getting more and more expensive to run
your car.
With fuel costs escalating out of control car running costs are
becoming a serious burden for the average family, especially
families with more than one car. For this reason more and more
people are looking for ways to control the costs associated with
their family transport.
And whereas you can’t bring the price of gas down you can do
something to reduce your car insurance costs.
Car insurance rates are a reflection of the perceived risk that
the insurance company takes on when it insures you. If the
company sees the risks as higher then the insurance premium will
be higher. If they see the risks of insuring you as lower then
this also will reflect in your car insurance premium.
So reducing your premium is all about doing things to demonstrate
that the risk when insuring your car is low.
7 Tips To Reducing Car Insurance Costs.
1. A major factor for any car insurance company in assessing the
insurance premium you pay comes down to the type of car you
drive. Different types of car attract different levels of premium
because, in particular, different types of car are driven by
different types of people, who may have different types of risk
profile.
Sports cars, for example, will usually show a higher rate of
accidents than staid boring family cars.
And there are always certain types of cars which attract thieves
more than others, and this is reflected in the premiums you pay
to insure them.
Your insurance company can tell you which types of cars are
cheaper or more expensive to insure, so before you buy a car make
some enquiries about whether that type of car is a high insurance
premium car.
2. Consider your deductible. This is the amount you pay first out
of any claim, and the cost of your policy is directly related to
the amount of your deductible. Higher deductible – lower premium.
So consider carefully whether you could afford to pay a higher
amount first from any accident and raise your deductible. If so,
you will get lower premiums.
3. Safety and anti theft devices can reduce the insurance costs
for a car. Talk to your insurance company and find out if there
are any safety or anti theft devices that you can install to
reduce your premium. Then consider installing them making sure
that you notify your insurance company once you have done so. And
why not ring up your company and make sure that they are aware of
any safety and anti theft devices you already have, if they
aren’t you may get a reduction.
4. Drive carefully. It may sound obvious but as insurance
premiums are related to risk then your manner of driving is
related to your insurance premiums. Safer driver equals lower
premiums. It may not seem so at the time but those traffic
violations or speeding fines reflect in your bill.
5. Don’t just pay your premium each time it comes around without
investigating if you can do better. Car insurance rates vary all
the time and so even if it was the best rate last year it may not
be this year. Every year shop around to see if you can do better,
you may be surprised.
6. Have a look at other insurance policies you have with other
companies. Many insurers offer discounts for combining all your
family insurance with their company. Find out who they are and
get a quote on all your policies combined.
7. Always look online for a competitive quote. Most of the major
players and brokers are represented online and it is extremely
competitive. It is very easy to get an online quote, just go to
Google and search for car insurance quote and start looking.
These are just a few of the things that you can do, there are
plenty more. Educate yourself about your car insurance, find out
all you can about it and be prepared to shop around once you know
exactly what you do need, and what you don’t. You will find
cheaper insurance.
This article may be reprinted on a website or blog IF content is left intact. Compliance is tracked. For more detailed information on car insurance visit: http://www.car-insur-ance.com
Getting a car insured today has become a matter that requires substantial research. For most people the main criterion of selecting or rejecting a car insurance company is price. Every body seems to be after ‘cheap’ car insurance. But how does one quantify cheap? To accurately compare quotes, you need to make sure the insurers you’re comparing are offering similar types and amounts of coverage, and also a similar deductible amount.
Meanwhile, here are a few pointers on how to go about getting a car insurance that will be more affordable:
Keeping all your eggs in the same basket may help you lower your car insurance costs. Some insurers give discounts if the applicant already has one or more insurances from the same company. For instance, if you already have homeowners insurance and another auto insurance plan from the company, chances are that you may have to pay less for insuring your new car. You can even ask them to give you a quote and compare it with that of other insurance companies.
Keep your driving track record clean. Easier said than done, no doubt, but it really pays in the long run. If you have a couple of accidents to your credit, chances are that you may have to empty your pockets a little more to have your car insured. This is the auto insurers’ way of hedging the risk from your bad driving and safeguarding themselves from a possible claim in the near future.
Increase your deductible amount. This is the amount that you agree to pay in the eventuality of a claim before the insurance company pays up. What this implies is that you are taking a risk of paying more if the need arises. But if you are a cautious driver and are confident that you are likely to be so in the future too, it will knock off a sizable chunk from your yearly payouts.
Even the make of the car can determine how much you pay for the insurance of the car. Attractive and expensive cars are more theft prone and hence make the car insurance expensive. The inherent nature of the car and the likely profile of the user can also determine the insurance amount. ‘Volvo’, a symbol of safety, is likely to be driven responsibly but a Mustang is likely to be driven by a less cautious driver. Therefore if you are planning to buy a car in the near future, spare a thought on the insurance front too, since a ‘low-profile’ car can have a lower insurance cost.
Take precautions to theft proof your car. This can affect your risk profile immensely, apart from giving you a general peace of mind. Cars equipped with anti-lock brakes, air bags and automatic seatbelts are also eligible for insurance discounts.
Remember not to just go after the cheapest quote you get in the market. Do your homework, compare quotes and reimbursement track records of several insurance providers before you finalize your car insurance company.
Jon Atkinson recommends that you visit http://www.cheap-autoinsurance.com/ for more information on cheap car insurance.
Trying to get the cheapest car insurance can be a headache, but on the other hand it is usually worthwhile doing as you can save yourself quite a bit of money, especially when you take it account that this is something you have to pay for every year, the savings can add up.
Here are some things you can look at to get your car insurance costs down:
1. Keep your car in a garage or on a drive way and tell your insurance company this.
2. Fit an immobiliser or car alarm, preferably both.
3. If you have an older car, consider changing your insurance from comprehensive cover to third party, fire and theft cover.
4. Be as accurate as possible when giving your annual mileage to the insurance company.
5. If you do low mileage in your car, then consider agreeing to limited mileage insurance so you are covered for a certain number of miles.
6. Choose as high an excess as you can afford to pay in the event of a claim.
7. Get a cheaper quote from another car insurance company and tell your existing insurance company and see if they will give you an even better deal.
8. Pay your premium as an upfront lump sum so that you avoid paying interest on top of your premiums. Car insurance companies usually charge a lot of interest so even if you do not have the cash up front, you may still be better off borrowing the money more cheaply elsewhere. You could for example pay for your insurance with your credit card and then do a balance transfer to another one of your credit cards charging lower interest than your car insurance company.
9. Add a second person who has a good record to the insurance cover as sometimes this can lower your premium.
10. Buy your car insurance online as you may find you can get a discount for buying online.
Jose Miguel Poza runs several financial websites and if you would like to read more about saving money on car insurance and other types of insurance, please visit <u>http://www.uk-home-motor-travel-insurance.com/insurance-articles/index.html</u></font>
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