Getting a Cheap Car Insurance - Insurance

Since car insurance in Singapore is required, everyone who wishes to drive needs to get insured. However, the amount you pay for insurance can really vary depending on a number of factors. There are some things you can do to help you get the least expensive car insurance in Singapore possible.
First of all, you really do want to compare the rates offered by a number of different companies. Since each company will consider different factors as being more important, they will offer you insurance for different rates. Some will charge you less than others, so it is important to get at least three quotes before deciding which company to use.

Second, check into the different options for insurance coverage levels. There is a minimum amount of coverage required for car insurance in Singapore, and if you really don't have much money you might be best off getting just the minimum required by law. Although people might decide to sue you for more money, if you don't have any real assets they aren't likely to bother with this, so why pay for more insurance than you have to have? Those with more assets should figure out how much insurance they really need and want to pay for.
Generally you can get lower premiums for your car insurance if you are willing to pay more money in voluntary overages should something happen. It is good to raise this amount if you are unlikely to have any accidents and will be willing and able to afford to pay this amount should something unfortunate happen. Another way to get lower insurance is to maintain a good driving record. Take care to follow the traffic laws and avoid getting any demerits on your license, and do your best to avoid having to make any claims. This will qualify you for discounts on your premiums which will make your insurance a lot less expensive.
Keep in mind that some types of cars are more expensive to insure. This means that if you don't already have a car, or if you are purchasing a new car, you might want to check into the cost of insurance for the various makes and models you are considering and take that into account when making your decision. As you can see, there are a number of things that you can do in order to get cheaper car insurance in Singapore.

I am a full time debt reduction consultant prior to my semi-retirement. Today all i do is blog once in awhile on my blog on how you can reduce your expenses by cutting down on unnecessary expenditure.