Thursday, January 13, 2011

Buying car insurance online

Dear Mr Tan
My car insurance was due for renewal and my current underwriter quoted $1267. I went to NTUC Insurance and they quoted $1461 (seems they are not the cheapest as I thought). By chance, I saw a banner ad for AVIVA on Yahoo!SG and got an online quick quote for $1047, which is a saving not to be sneezed at. A little googling throws up both good and bad points, but I decided to sign up with them. Right or wrong decision, only time will tell.

My comment
It is easy to get an online quote from Aviva (www.aviva) or Direct Asia (www.directasia.com) for your car insurance. They can usually give you significant savings. If not, you only wasted a few minutes, but you got a good benchmark to compare against your current insurer.