Driving without valid insurance is never a good idea, and you don’t have to look far to find a number of bizarre stories to back this up.
Take the recent tale of the sales manager who test-drove premium cars. Seemed like the dream job until he crashed the eye wateringly expensive Lamborghini he was driving and fled the scene. He later confessed that he did not even have a valid driving licence or insurance. Needless to say he got a hefty fine, plus a ban from driving anywhere for 2 ½ years.
All this to say that if you own a car or motorbike and ever want to use it, you must have insurance. It’s the law. Let’s set the record straight on car insurance and what you need to know before you buy.
Truth: High-risk drivers can get car insurance
If you are a motorist with some dings on your driving record, you might think it’s too expensive to get insurance. But, consider this, driving without car insurance is illegal, and a huge gamble.
The good news is that insurance for high risk motorists is both available and affordable.
Truth: Some car insurance is poor value
Think about it. Are you happy with mediocre products, second-rate customer service and paying more? Or do you prefer getting the best on the market, having customer service that goes the extra mile and knowing you got a great deal?
For years the local insurance industry in Asia relied on the use of middlemen (agents). Your premiums were inflated to pay for their commissions. Now you don’t have to pay a cent more than you need for quality insurance.
Truth: Red cars do not cost more to insure than other colour cars.
That may come of something of a relief, especially as Singapore specialists note younger buyers are spicing up the car market with purchases of two-door Continental coupes and convertibles in bolder “burned orange and St James red” finishes. So go ahead and make your shiny red purchase.
Truth: Modified cars can be insured
Singapore’s Land Transport Authority (LTA) has clear guidelines about what you can and can’t do to your car. You should also check how car modifications could affect your car insurance policy. At DirectAsia.com, your policy remains valid if you have modified your car, as long as the modifications are LTA compliant and/or approved. If in doubt, call us to check it out!
Truth: Safe drivers get insurance rewards
Safe driving is something to celebrate and should be rewarded. After all, if more safe drivers are on the roads of the Little Red Dot, it’s better for everyone.
Currently there’s a steady stream of good news on the car safety front. Cars are getting smarter, with manufacturers like Toyota working on various safety initiatives that, if successful, will reduce the risk of blind spot accidents.
And if you have a No Claims Discount of 30%, DirectAsia.com will reward you with a discount on your car insurance policy, over and above your regular no-claim bonus.
Quick, Easy. Affordable
At DirectAsia.com we believe that when it come to vehicle insurance, one size definitely does not fit all. Your policy should be flexible enough to take account of what you really need. Quick, easy and affordable. Why not get a quote today?