Urgent need help

[Cedsmsd]

sori if this is the wrong folder......need advice frm bros in here....somewhere in Nov 05, a toyota car bang into my rear left hand side of my car...the accident happen at a junction however the lights were in my favor to turn right and red for him to stop...he did not thus the collision....long story cut short i have got a written note admitting that the accident was his fault and he bears reponsibility for the accident and the total repair cost...i reported the accident to IDAC and they got their workshop to repair my car....now when i am due to renew my insurance (16th june) i got the shock of my life....That son of a gun's ins company is claiming frm me under his instruction.....now cos of his mistake, AIG which is my ins has hold my NCD and also raised my premium saying that the case is still under investigation.....i have not been informed of anything all this while and since my car was repaired and with the admition note i thought all was in my favour......please help.....what should i do.....sorry for the long write up.......just confused and worried with time running out

Edited May 24, 2006 by Cedsmsd

[Mivec9]

first of all...change ur insur company...apparently the case is not ur fault and such case definitely can drag very long..sometimes 1 yr or more. henc unfair for ur current company to jump the gun and charge u immediately of the increment of the premium..

[Ekae05]

which company did u insure with?

[Fcw75]

Tink he already mentioned AIG bro.

[Subarufan]

Bro, do you still holding on to the written note you mentioned? Can you try using the note to make the case with AIG?

 

I wonder can you report to police with the written note? To me, this is cheating!

[Cedsmsd]

yep me never gonna waste my money with AIG anymore....can i get back my NCD and during that period will i be given a rebate

[Cedsmsd]

i am still having the note but AIG simply saying that the case is still under investigation thus have to hold back my NCD and give it back to me once case over....my question is if i am changing my insurer which i will after this incident which insurer will pay me back once my NCD is given back......And abt the police report will it werk

[Mivec9]

ncd is transferrable and definitely can get the rebate...as ur case not cfm..u shd be still entitlement of the rebate

[Dwoon]

First and foremost, check with other insurance companies on their premiums. AIG is known to be expensive. The rates given by other companies (with low NCD because of your case) might be even cheaper than AIG with original NCD %.

 

I swithched from AIG to AXA and that itself saved me more than 30% ($1750 to $950) with same NCD %. Moreover, the terms are not too different.

[Cedsmsd]

hi bro thanks for ur advice....heard abt this AXA insurer....do u have the contacts maybe i can ask for a quotation.....so far only Aviva's quotation looks tempting

[Will_I_Am]

Does the insurer check with the parties involved when a claim has been made? Judging from the case, anybody can just claim against you so long as they gets hold of your name, IC and insurer. To me, the most basic thing for the insurer to do is to inform/verify with you that someone has made a claim against you, and you should be given an option to accept or rebuke the claim. Shouldn't this be the case?

[Will_I_Am]

Paging for our insurance guru - Guyver

Kindly advise

[Cedsmsd]

thats why i bang table with AIG.....imagine if i was not due for renewal i wouldn't have known abt it at all......so whats the point of driving save for NCD benefits....i told AIG staff straight to the face that i am changing insurer cos i dont trust them and their service

[Cedsmsd]

latest news from AIG.....they told me if i confident that its not my mistake i can do an undertaking that i bear responsibilty for the payment of the claims and not AIG, with thAT they will give me back my NCD.....B@#tard is this becos i told them i am gonna change my insurer....wow i didn't know they have underhand tactics like this.....

[Dwoon]

Here you go

http://www.axa.com.sg/axa_ins_sg/index.asp...l&prodid2=motor

 

You can fill in your details in the online application and they will call you back with a quotation.

 

Alternatively, if you have an insurance agent, he/she will also get the same rates when they check for you. Only benefit is that you get personal service for renewal of road tax and they deliver the document to your location.

 

Cheers!

[Cedsmsd]

thank u very much bro