If you want to have the freedom of owning your vehicle and drive it on the road, then you know that you will need to have the best car insurance in Singapore. These days there is a lot of debate and complaints from drivers who feel that it is becoming too expensive to get insured. The statistics certainly do back up this complaint, but there are still ways to find a good deal if you are a good safe driver.
The cost of insuring a vehicle seems to increase each year. The reason for this seems to be that there are more and more drivers on the roads these, many of which are inexperienced. More accidents are being reported now, and this has the knock-on effect that everyone’s premiums are increased each year slightly. This will undoubtedly seem unfair if you have been a safe driver for many years because you are being punished for others who are irresponsible.
The truth is there are many good deals around for responsible drivers they have just become harder to find. Taking a little time to seek out these deals can be rewarded with you getting massive savings. Many people stay with the same insurer every year even though they could potentially get a cheaper policy elsewhere. To get the rewards you will have to put in the work.
The first thing to do is to get several covers from other insurers. The easiest way to do is to use a comparison site on the internet. This way you can fill out your details and then easily compare lots of different covers at the same time. This method is likely to give you results for many cheaper policies that you can choose from.
Once you have one or two covers that are cheaper than your current one you will be in a strong position to negotiate. If you are satisfied with your current car insurance company in Singapore, then this is an opportunity to negotiate a cheaper renewal policy. It is just a case of telling your present insurer about the cheaper cover and asking them if they can match or beat it.
Most insurers will be prepared to at least match a cheaper cover providing the features are like for like. So for instance, if your current policy offers roadside assistance and legal cover, the more reasonable cover must provide the same level of coverage. To keep you as a customer, the majority of companies will give you a better deal.
The alternative is to leave your current insurer and sign up for the new cheaper one. Before signing up though you should try to get the policy even less expensive by asking the company for an even lower cover in return for you leaving your current insurer to join them. In this competitive market, this is likely to be very beneficial. Insurance covers in Singapore are essential to many people in these modern times, but to the majority of a driver who is safe and responsible, it does not have to cost an arm and a leg. A little effort can make things a lot easier.