Car Insurance discounts

[Fivegear]

Hi Guys,

Some advice on Auto Insurance. This August just paid up the AIG insurance for my 3 year old 1.5L car around $9XX.00.

 

The breakdown for the discount include :

5% Certificate of Merit Disc

30% No-Claim Discount

5% Renewal Promotion Discount

10% On-the-Spot Discount

 

Total = 50%

 

However, recently just bought a new ride that mandate the insurance must tie with AXA for the 1st year. The SE told me I will only be given a discount of 30% under AXA. Is this the way it has to go when you change a car that has different car insurance tie ups?

 

If after one year, i rejoined back AIG will they restore my discount with them?

[Falc]

5% Certificate of Merit Disc

Heard most insurance companies will give if u have 30% NCD. So should bug your SE.

 

5% Renewal Promotion Discount

10% On-the-Spot Discount

These two are probably AIG specific, and vary from company to company and agent to agent. No harm negotiating.

[Upandcoming]

5% COM Discount is any insurance COY has to give you due to good driving as recog by TP

 

i see the max u get is 35% tangible discount...

 

so you prob dun get 10% on spot and 5% renewal lor...butthen if the new AXA gives u same amt as if after AIG discount and excess even lower..then u do the maths u njoe who le maaaaaaaa

 

1 year later u join u onli got COM and 40% NCD lor...how to get loyalty when u leave one year and back..haha and why wld u wan do so if u decide to leave it le

[Lobangking88]

my advice stick wif AIG

 

Remember aig got benefits that is far superior than axa example emergency services for free

[Ahyoo2002]

Not every co give COM discount.

 

The famous Aunty Lucy did not give the 5% COM discount

[Upandcoming]

then...

 

DOWN W LUCY !

 

haha just change to something tt will gif u a peace of ur mind and not worry abt excess and all baa! tts my policy! cost is secondary compared to the 'what if' support

[Ahyoo2002]

yah, my plan is ok, with ZERO access and ANY workshop. I heard the claim also no problem so far.

 

And they give 5% COM, 10% loyalty discount. And free NCD protection if insure with them for more than 3 years.

[Upandcoming]

wah which co?

[Ahyoo2002]

Mitsui Sumitomo

[Upandcoming]

ok bro nowadays ppl got habit DIG up old post and clock haha

 

so i tell u what 1 year later from the time i finally get my car (which still dunoe when it will come) i will ask u for ur insurance agent..haha onz?

 

1 yr dig out

[Ahyoo2002]

Haha, no problem.

 

Anyway, I also forgot who introduce me to Mitsui but I found their rate are very competative and hence stop sourcing around liao.