While it is important to purchase a policy for third-party accident claims in Singapore that’s affordable, higher-priced policies allow for crucial flexibility, and would, for example, cover all authorized drivers with a driving license, and allow more choices when it comes to workshops and repairs.
Consider the following when choosing your car insurance sg policy:
- Are there restrictions on who can drive the vehicle?
- What extra coverage can you purchase?
- Will reconditioned parts be used in the repair of your vehicle?
- How much excess will you be required to pay should you need to make a claim?
- Are you required to repair your damaged vehicle only at authorized workshops listed in your policy?
- Does your policy meet your bank’s requirements? This applies if you are buying the vehicle on a hire purchase or car loan scheme.
