Car insurance
 

Hi, anyone can recommend me a good car insurance for this car?

for cheap insurance, there's really only one around, NTUC. but you probably heard of all the stories with ntuc what with own limited workshops, hard claims etc. but tat said, i believe most of the ppl here are with ntuc.

mine is $950 with NTUC.

This car is under my wife's.... NCD 30% premium 1668 excess 1500 .... reasonable

Seriously??

I've heard romours that the govt actually reviewed the 8 and said that it was 3.7k!!!!

Please tell me this is not true...

Could you guys share how much is the insurance rate currently as i'm 23 this year.

Thanks guys...

hi

if you are 23 yrs old and first time driver with 0 NCD, i seriously think that your insurance will be low for any car

check with NTUC, i think they will give you a quote within a minute. just call in. i will not be surprised it is more than 2.5k at least. one way is to use your parent's name with older age and higher NCD.

good luck

and drive safe

yo bro,

u still can sqeeze some more juice out of NTUC.

call them n tell them u want to go direct wif them n not thru a broker +5%

and if u 2 years plus wif them , can haggle for loyalty discount another 5%.
by rite is 3 years but by left if u manja wif them, 2 yr plus oso can get

I'm paying $824 for my 2nd yr insr. 50% NCD + 10%.
Excess $1500

I even asked wat if i have good driver record from TP, still got disc?
I got a feeling they wanted to slam down on me liao but politely told
me that's the max liao.

I think you meant the insurance will be high for any car. Like you said, alternatively can register the car under parents name. Don't think can transfer NCD, right? So eventually still need to build up NCD for oneself, but should do it with a vehicle that is cheaper to insure so don't lose as much to insurance co.

this is true ...the main issue here is his age...once he reaches 30 (or 31), the premium will be slightly lower. However the NCD still plays a major part.
Anyway, if rich enough to buy 8 at 23, then should not have problem paying the insurance lah ..hehe

me still struggling with studies when i was at 23 ...damn the FYP :cussing:

yes. NCB can be transferred.
i transfer my mum NCB to me of 50% and i am paying about $1300+ for it.
Maybe i am 27/28 age thats why more exp.
Now my mum got zero NCB. hahah

NCD, you mean.
anyway, i do not know that NCD can be transferred..mmm , not bad if your parents are willing to sacrfice for u.

mine is 3900 from ntuc during 1st yr

That is cut throat manzzz!! 3.9k!!

I got mine previously from NTUC, $2.5, access $2.5. But that's immediately after I've totaled my previous ride with a $55k claim. Loaded big time and 0 NCD...still cheaper than urs...

!!!

Haizz...

Just as what i'm afraid of. This is my 4th year driving actually and the 8 is intended to be a 2nd car. The first car is already under my parent's name. I'm actually planning to get the 8 without their knowledge. Erm...Kind of like a surprise?? Hehe...

Anyway, thanks for the help!!

Would be better if the RX8 under ur parents name & the other car under urs.

mine - 30 with 0 NCB, 100% claim including M'sia - $2528, access 2K

reasonable? thru PI one, kena "tok" ?

Is it AIG?

i got offered 4.1K (NTUC) from my PI today, so damn high, so i bargained and he made an offer that if i can find another insurance lower than 3.8K, he will proceed with that. Any1 know which insurance can offer a better price? im 24 comin 25 with 0 NCD.... :mad:

jav3n: you might want to try Royal & Sun Alliance or AXA. Coz your age is considered young driver (until you reach 26), so confirm will be higher than normal. And if you have a short driving experience of less than 3 years, it will not work well for you.

just got my insurance letter today,,,,, nahmia ntuc increased it from 1100 to 1750 - and all i did was have some minor scrapes here and there only ---- bloody shylocks

haha old man buy personnel insurance is more X, but come to RX-8 insurance is CHEAP CHEAP...mine is $750 NTUC after 55% NCD

RX_EGG: Wow! That's cheap! Eh... can share how old are you? *grinz*

THIRTY EIGHT !

eh i think i not wrong my ins is abt 3.2k for 1 year u know hmm i need to go home and check... u guys talkin abt 1year or 1mth?

if your car insurance is $3.2k per month or even $750 per month... then i strongly suggest that you change it. Unless of course you are driving a ferrari or mesarti. Even then, I also don't know how much it will be. But for RX-EGG's insurance premium, good siah!

Cant wait to be 38!!!

Lol! Why don't be "cant wait to be 48"? :P I suspect the premium will be even lower. lol!

wha i not sure leh... coz im now away from home.. but i reach home i sure check... when i get back home i will post on this thread again can?

Hmzz......sorting out my insurance issues as well, my ride is here but yet to collect n haven decide on my insurance. Apparently, according to my 2 insurance broker, theres only 3 insurance company locally will quote for an 8. AIG, AXA n NTUC. AIG needs the driver to posses 30% NCD. Choices super limited loh.

Also, my dealer + 2 other insurance broker advise me against NTUC. its definitely the cheapest though. Any tots? tks

Go for NTUC if you want cheap coz it's "No Trouble Until Claims" company (for motor insurance). :P Coz my previous workshop guy told me that they don't like NTUC claims coz always very slow. Worse one is China Insurance.

As for the other 2, didn't hear anything bad except that AIG is expensive. So ultimately, it is up to you. :)

My 5 cents worth.

As a consumer point of view, we wanna make the most of our money(least). Whether or not the workshop likes the insurer or not, its not our problem. Isnt it so?

There are plenty of workshops that are hooked up with NTUC and definitely, if youre worrying tt there wont be anyone entertaining your needs, is unfounded.

Then again, if youre doing a 3rd party claim .. im sure many will welcome you with arms wide open.

Imperatively, rx8 is a mass produced car where parts are commonly available. (Correct me if im wrong though) where any Tom Dick and Derek can easily access to the OEM parts, so no worries.. choose NTUC. Hahaha.

NTUC spokesman...... - Strip sticker sponsor by NTUC....

Have recently asked AIG (the insurance I'm on) for a quote in order to do my sums for buying 1 Rx8 (soon hopefully). I'm 28 with 50% NCD. Update you guys in a day or 2 when they come back with the quote but through the phone, they muttered something they deem this to be performance car and likley to be high, don't think the myth that insurers treat the 8 as a 4 door car exist any more?

Not with AIG.

Its been days and i've so far only receive quotes from AXA and NTUC. tink AIG is hesistant to quote or something........

yeah I'm still waiting from AIG too...

still no quote from AIG but i've signed with AXA liao.

Guys,

Just got my quote:

AIG $1,667 (750 excess)
NTUC $1,098 (2k excess & designated workshops)
NTUC $1,390 (2k excess & any workshop)

Me age 34, NCD 50% w "Good Driver Discount"

Asking for a quote from AXA to see how it is...

And yes.... finally getting my 8 on thursday :ylsuper:

I'm still waiting for my quote from AIG but since you got it already thanx!. Which PI did u get your 8 from?

Hi tincup, where did you get your 8 from? Garage R? I talked to them and they said delivering a Red 8 this thurs..
can share with us the price and specs? thanks

Garage R sent me a quote for the 6AT today via email. Can forward to it if you want. PM me your email.

Sorry guys, just got back from Brussels....

You are right Bro Eisho, the red 8 at Garage R is mine.... Collecting it tomorrow......

In case you need to know.... here's the skinny on my 8

Price paid : 97k
OMV : 30k
COE : 12.6k

Comes with Bose sound system and keyless entry and some other stuff thrown in... All in, I don't think it's that bad a deal. Not the cheapest, but the higher OMV & COE does balance it out. However, I think the 2 key factors that are more important are:
1) the service has been excellent and they delivered when they said they would deliver, in short, I can trust them to deliver on their word
2) the workshop behind it is well equipped to handle all the servicing and maintenance, which you can't get with many of the other PIs.

Just my 2 cent's worth, but I don't know if I got the cheapest deal around, but I do know that I've compared around and it's about average, but more importantly, it was a good buying experience.

For bros who are thinking of getting an 8 and do not want to face the horror stories we have all heard about the other PI's I'd strongly recommend Garage R. Just go look for June or her sister Lee.

Cheers

Yeah, I wrote into Garage R too and they sent me a quote with an attached file of the specs, it was about 95000 i think. After I wrote back to clarify some figures and mentioned to them what I really wanted was a very basic 8 hur... I'm still waiting for their reply. In any case, are you comfortable with the 1 year warranty? I did ask them if they have option to increase warranty with premium but they said dont have. I agree that they are probably experts in high performance cars but to I guess I'm probably not their type of customer, ha ha ha.....Got a pretty good offer from Kruise Auto today that has a 3 year warranty with Monster Garage, might consider that..

Bro SushiFan,

I don't think they are going to be able to drop the price by much for a basic model, but who knows..... anyway, they just moved into their new premise, so prob a little busy...

The deal with Kruise doesn't seem half bad and with Monster Garage providing the warranty, what more can you ask for.... just make sure that in the event of a recall, they take care of everything too...

Good luck looking for your 8 bro...

I drove past monster yesterday... workshop looks a bit small leh... hur hur...

Yes I am seriously considering the Kruise-Monster Package with HYCARZ close running second.....Vincar third....Prob will plan for the car to come before Christmas.

Hope to see u soon.

Moganon: u own an 8 too?

Damn people you all need to look into erie insurance (if its available in your state) I pay 850 a year with full tort and a 500 ded. I also have a pioneer driver rate applied so my first accident would be waived. Just thought that I'd put my 2 cents in thanks

ermmm okie... i take it that you are not from .sg :D! ha ha ha...

nope and I'm new here can u tell?? sorry... I'll keep to myself for a while longer