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How much do u pay for car insurance?


Ano727
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Neutral Newbie

Hi guys, i need some help. Just received my Insurance renewal notice and its damn expensive. Like 200+ more then what i paid last year.

 

I'm only 23 years old with 1+ year driving experience. For comprehensive i have to pay $3k+

 

So right now i'll like to use my Uncle name(51 years old, 30+ years driving experience) to buy insurance for my car. Problem is the car is registered under my name when i bought it last year.

 

So the question is: how do i go about doing it, buying insurance under my Uncle name for a lower premium while able to drive the car myself.

 

Pls advise. Thank you.

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Hi guys, i need some help. Just received my Insurance renewal notice and its damn expensive. Like 200+ more then what i paid last year.

 

I'm only 23 years old with 1+ year driving experience. For comprehensive i have to pay $3k+

 

So right now i'll like to use my Uncle name(51 years old, 30+ years driving experience) to buy insurance for my car. Problem is the car is registered under my name when i bought it last year.

 

So the question is: how do i go about doing it, buying insurance under my Uncle name for a lower premium while able to drive the car myself.

 

Pls advise. Thank you.

 

no such thing........car ur name, insurance also ur name. no 2 ways

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(edited)

If everyone does that, I suppose everyone has 50+ year old uncle, then there won't be 20+ year old insured party and everyone will end up paying 3k annual premium. [rolleyes]

 

You just have to drive carefully like most of us, earn/accumulate your NCD and get old to enjoy the low premium.

Edited by Voodooman
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Neutral Newbie

I don't think you can do that. You may have to transfer the car to his name in order to do that.

 

Car still under installment can transfer to him?

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Neutral Newbie

Just renew with NTUsie - drivo classic

4 yr old Chevy Aveo

Driver 10 years experience

$727 with 50% NCB + 5% loyalty

Excess $600

Additional excess $500

Windscreen $100

Unnamed driver below 26 or exp < 1 yr excess $2500 [shocked]

 

 

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my car 1 year old, 10% ncd got quoted $4066. 25 this yr 5 year driving exp. [sweatdrop]

OMG! What kinda car are you driving?

 

This shows that all the young black sheeps spoil market for those who has a clean record.

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Neutral Newbie

OMG! What kinda car are you driving?

 

This shows that all the young black sheeps spoil market for those who has a clean record.

 

honda fn2

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Neutral Newbie

$1000+ AXA

 

Third Party Only for Starlet. 24/M, 5 years driving experience. '91 Starlet

 

The strange thing is that for TPFT, it's abt $1600. Doesn't make sense cos do I really need the extra $600 to protect it against fire and theft?

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