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FWD Insurance

Goldenvodka

By Goldenvodka,
in General Car Discussion

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Soya

Soya

Supersonic

No one here has any claim experience FR w FWD? That's what really counts. Not simi lower premium w capitamall voucher n all

Even if premium is only $500 but when come to claim, insurer chut all sort of pattern, it's $500 too expensive 

 

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Ody_2004

Ody_2004

Turbocharged
1 hour ago, Soya said:

No one here has any claim experience FR w FWD? That's what really counts. Not simi lower premium w capitamall voucher n all

Even if premium is only $500 but when come to claim, insurer chut all sort of pattern, it's $500 too expensive 

 

I did a claimed with FWD.. first time claim but under my wife name. Cannot give comparison as no reference..

My son had an accident with PHV.. son fault.

The IO is very very very hard to contact.. basically they do everything with the workshop.. one thing I don’t like is lack of transparency.. dunno how much the actual repair cost although workshop said $14,400.. and FWD willing to do a lump sum of $14K.. everything is they said..

claim lost of use and tow fee is efficient.

the third party claim by the other is termed settled BUT again dunno how and what amount settled

just received lawyer letter on injury claim by phv driver amounting to 7k. Throw to FWD settle.. still pending..

i guess the insurance industry is.... that’s why even IDAC failed.. just make sure the cake is big enuff to feed everyone..

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Soya

Soya

Supersonic
31 minutes ago, Ody_2004 said:

I did a claimed with FWD.. first time claim but under my wife name. Cannot give comparison as no reference..

My son had an accident with PHV.. son fault.

The IO is very very very hard to contact.. basically they do everything with the workshop.. one thing I don’t like is lack of transparency.. dunno how much the actual repair cost although workshop said $14,400.. and FWD willing to do a lump sum of $14K.. everything is they said..

claim lost of use and tow fee is efficient.

the third party claim by the other is termed settled BUT again dunno how and what amount settled

just received lawyer letter on injury claim by phv driver amounting to 7k. Throw to FWD settle.. still pending..

i guess the insurance industry is.... that’s why even IDAC failed.. just make sure the cake is big enuff to feed everyone..

What it cost the insurer doesn't really concern me

As long as they do their part and settle the claim that's all i expect from them

Not like a few years ago where there was a report of an insurer who void claim becoz policyholder had changed sports rims and didn't notify them. The insurer used that as an excuse to avoid paying although it was a hit and run accident which had nothing to do with sports rim.....damn CB. Nowadays i see their premium quite low but stay far far away. 

 

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inlinesix

inlinesix

Hypersonic
2 hours ago, Soya said:

What it cost the insurer doesn't really concern me

As long as they do their part and settle the claim that's all i expect from them

Not like a few years ago where there was a report of an insurer who void claim becoz policyholder had changed sports rims and didn't notify them. The insurer used that as an excuse to avoid paying although it was a hit and run accident which had nothing to do with sports rim.....damn CB. Nowadays i see their premium quite low but stay far far away. 

If it is stated clearly during underwriting process, LLST.

If not, complain to MAS la.

Anyway, i don't trust direct insurers as their client pool are kiam siap kind 1.  Confirm will be treated as 1 too.

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Agent008

Agent008

2nd Gear

For FWD car insurance Classic type, the insurance claim for third party's car is only up to $5000...which is kinda low esp if you hit an expensive car.

 

 

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Ody_2004

Ody_2004

Turbocharged
1 hour ago, Agent008 said:

For FWD car insurance Classic type, the insurance claim for third party's car is only up to $5000...which is kinda low esp if you hit an expensive car.

 

 

So low meh? $5000? hit govt properties how?

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Agent008

Agent008

2nd Gear
40 minutes ago, Ody_2004 said:

So low meh? $5000? hit govt properties how?

Not sure. 

Govt properties not written.

Should be all under third party's property damage up to $5000

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sbs2716g

sbs2716g

3rd Gear
On 3/31/2020 at 8:44 PM, Agent008 said:

Not sure. 

Govt properties not written.

Should be all under third party's property damage up to $5000

Did u see wrongly?  My fwd insurance is 5 million for cover for accidental damage to someone’s properties caused by my car.

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Agent008

Agent008

2nd Gear
(edited)
7 hours ago, sbs2716g said:

Did u see wrongly?  My fwd insurance is 5 million for cover for accidental damage to someone’s properties caused by my car.

Mine is 5k only.

My premium is 1k and my ncd is 30%

Edited by Agent008
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Ody_2004

Ody_2004

Turbocharged
1 hour ago, Agent008 said:

Mine is 5k only.

My premium is 1k and my ncd is 30%

don make sense leh.. 1k premium capped $5K claim?? then should skip them

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Agent008

Agent008

2nd Gear
(edited)
2 hours ago, Ody_2004 said:

don make sense leh.. 1k premium capped $5K claim?? then should skip them

Wa pai sei.

After checking, the damage to a third party is up to $5 mil.

Edited by Agent008
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Ody_2004

Ody_2004

Turbocharged
1 hour ago, badlammy said:

Just switched to FWD.

Below link for referral discount if anyone wants. Not sure how it works though.

https://www.fwd.com.sg/ref/6c73e4c40b98189

For yr RS? I wanna switch to FWD once my Superb due.

Budget direct maybe cheaper but too many clause and one important one is they don cover young driver as Main Driver.

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badlammy

badlammy

6th Gear
2 hours ago, Ody_2004 said:

For yr RS? I wanna switch to FWD once my Superb due.

Budget direct maybe cheaper but too many clause and one important one is they don cover young driver as Main Driver.

Yup. BD too many options, and if add in those I want, it seems more ex.

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Vinceng

Vinceng

Turbocharged

Surprised that FWD doesn't cover Perodua cars. Are there any reasons given?

I can understand if they don't cover high risk cars like WRX, EVO or Civic.

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Samlimlp

Samlimlp

2nd Gear
(edited)

I have been on FWD for the last 4 years and definitely cheaper than NTUC, Aviva, AIG. In addition to your NCD, for existing customer, they give additional discount plus early bird renewal discount. Just remember to check yearly that they give you the additional 10% NCD if you do not have any claims for the last one year.

From accident reporting and claim perspective, not much difference with exception that NTUC today have they Motorbike staff coming to you and site of accident for accident reoorting, while FWD you go to their authorised workshop for reporting and repairs. Their hotline call-centre not difficult to get thru and courteous. They may not be able to answer all your queries but will escalate for attention.

 

 

 

Edited by Samlimlp
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