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8 myths of Car Insurance

Car insurance is a must in Singapore, but many car owners are confused by conflicting information and myths on the topic, particularly about how premiums are calculated and the level of coverage they are enjoying. Lianhe Zaobao published an article on 5 June 2011, discussing some common myths and the realities behind it.

The article highlights areas that car-owners should consider when comparing insurance policies such as the excess or deductible amount, replacement car policy in the event that your car needs to be left at the workshop after an accident, the benefits of buying car insurance online, how your NCD might be affected even if the accident is not your fault, and so on.

Read the article 'Experts dispels 8 myths of car insurance', Lianhe Zaobao, 5 June 2011, here.