hello people...i'm a newbie in the forum. But just need some help. My insurance for SP is expiring this july.Its comprehensive Mitsui. But i dun think i can afford the insurance liao. was wondering whether i can change to 3rd party( fire+theft). My bike is still on hire purchase. just a year old only. and also, whther can change to another company instead like China or NTUC? By the of these 3 companies... which one is the cheapest ah? coz i still schooling so shortage of cash lah. Thanks people.
Whatever you wanna do with your insurance, you must first ask the bike shop. Some bike shops dont allow you to do the insurance yourself....like mine.
If that's the case, then when you get them to do it for you, ask them if the cover type can be changed or not, and also if the company can be changed. They should be able to give you a quotation on the spot.
I'm riding an SP too and I just renewed my insurance. I checked out NTUC's prices(not the online one) and they were more expensive than Mitsui. I changed from 1st party to 3rd party.
All you gotta do is to go down to your bikeshop and check it out, shouldn't be too difficult.
so how much did it cost for the 3rd party insurance?
what was the quotation given by NTUC?Thanks.