Is definitely a piece of good news for those who drives less . .

So every year when renewing the premiums, the owner has to submit the odometer reading? How about the alleged tweaking of odometers, will owners now be tempted to do that just to ensure they stay within the mileage limit, and to save on premiums?

"Interestingly drivers who drive less than 8,000km per year are less prone to accidents" - YOU DON'T SAY? Obviously if you drive less there is a corresponding decrease in the probability of being involved in an accident.

This is nothing interesting, merely statistics

As a advertising spiel, please brush up on your english, then work on your content.

Next better writer please.

Hi Alpha78 - they don't need to submit a new reading each year. You only need to submit a reading in the first year at the start. The policy will just add 8,000kkm each year to the original reading. This also means that if you only add 6,000km one year then you can add 10,000km the next year!

Essentially the system is self policing. If you have an accident and are over the limit then you'd have a higher excess. So in order to get the most out of the insurance at the time of claims you need to be honest about your usage.

Please bear in mind that repairs can only be done at our authorised workshops. This helps to deal with the situation where people might be tempted to tamper with the odometer.

We already found that those who've bought our new low mileage policies have save an average of $150 over the standard car insurance. And our prices for standard car insurance were already the best in Singapore!

It's perhaps worth adding that you don't have to worry about going over the 8k limit. If you feel that you are going to go over that limit then you can always call us and for a small admin fee we can switch you over to a standard policy. There's therefore no risk of your policy being voided and claims rejected. I hope that helps ...

If not for sgCarMart , I will not know of this insurance company..

Hi Dwee, thanks for this, and sorry for the late reply - just curious as to why you wouldn't have heard of us except through SgCarMart?

In case it's of interest we've got a number of blog posts up over the last few months which hopefully help show how this new low mileage car insurance product works in practice, and helps make things clearer:

How Off-Peak Car Drivers Save Even More

Why Pay More, for Less?

How Limiting Car Usage Can Cut Driving Costs