ER-3682 Twincharged July 14, 2021 Share July 14, 2021 25 minutes ago, Beanoyip said: Insurance paying out for a new car right? Wait Long Long... ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Beanoyip Turbocharged July 14, 2021 Share July 14, 2021 16 minutes ago, ER-3682 said: Wait Long Long... In SG, can car insurance be bought on the agreed value of the car? If can and he insure it for $1m, then almost a new car.. Link to post Share on other sites More sharing options...
inlinesix Hypersonic July 15, 2021 Share July 15, 2021 1 hour ago, Beanoyip said: In SG, can car insurance be bought on the agreed value of the car? If can and he insure it for $1m, then almost a new car.. No. I don’t even know sum insured of my car Link to post Share on other sites More sharing options...
mersaylee Hypersonic July 15, 2021 Share July 15, 2021 28 minutes ago, inlinesix said: No. I don’t even know sum insured of my car They'll say market price...but won't specify wet market or dry market or super market...pay out time it's pasa malam run teh gu value...😁 6 Link to post Share on other sites More sharing options...
Beanoyip Turbocharged July 15, 2021 Share July 15, 2021 2 hours ago, inlinesix said: No. I don’t even know sum insured of my car Market value lo.. Link to post Share on other sites More sharing options...
sake Twincharged July 15, 2021 Share July 15, 2021 (edited) my cars all market value except my air-cooled which is agreed value/ sum insured. my newer P cars are market value. Edited July 15, 2021 by sake 1 Link to post Share on other sites More sharing options...
ER-3682 Twincharged July 15, 2021 Share July 15, 2021 4 hours ago, Beanoyip said: In SG, can car insurance be bought on the agreed value of the car? If can and he insure it for $1m, then almost a new car.. If can pay a new Car..by Insurance..i think many People will make their Total Loss... Link to post Share on other sites More sharing options...
inlinesix Hypersonic July 15, 2021 Share July 15, 2021 9 minutes ago, ER-3682 said: If can pay a new Car..by Insurance..i think many People will make their Total Loss... In the market, there is a cover called "Return to Invoice". 1 new car for 1 total loss car within 1st year of purchase. It depends on whether AD/Manufacturer got a good relationship with an insurer or not. Not consumer can buy 1. Link to post Share on other sites More sharing options...
Atonchia Supersonic July 15, 2021 Share July 15, 2021 4 hours ago, mersaylee said: They'll say market price...but won't specify wet market or dry market or super market...pay out time it's pasa malam run teh gu value...😁 Hyper car must be Hypermarket rate lah. 😂 2 Link to post Share on other sites More sharing options...
1fast1 Supersonic July 18, 2021 Share July 18, 2021 On 7/12/2021 at 10:11 AM, Yeshe said: @Turboflat4 not so stoopig I am pretty stoopig. But got luck lah. Luck important. 😁 Touch wood (kayu Goh will do), don't want kena Ho Jinx. 😂 Link to post Share on other sites More sharing options...
Ct3833 Supersonic July 18, 2021 Share July 18, 2021 On 7/15/2021 at 11:55 AM, Beanoyip said: Market value lo.. The problem is the market value will be ridiculously low, with the market value they offer is not sufficient for one to buy a car of the same type and age. Link to post Share on other sites More sharing options...
Throttle2 Supersonic July 18, 2021 Share July 18, 2021 On 7/11/2021 at 11:32 PM, D3badge said: Driver of McLaren 720s realise a car is a car, it can never fly 😳😂 https://www.todayonline.com/singapore/driver-taken-hospital-after-early-morning-crash-along-ecp 525cc210-79e0-47e1-a79a-fd243508c11d.MP4 Bloody clown of a driver lah Link to post Share on other sites More sharing options...
Throttle2 Supersonic July 18, 2021 Share July 18, 2021 Never the car but the driver. Unless its autonomous😁 1 Link to post Share on other sites More sharing options...
D3badge 6th Gear July 18, 2021 Author Share July 18, 2021 (edited) On 7/15/2021 at 7:48 AM, Beanoyip said: In SG, can car insurance be bought on the agreed value of the car? If can and he insure it for $1m, then almost a new car.. anything can be insured, it all boil down to the premium you gonna pay! in general it is always market value, thus if you want agreed value, a bespoke insurance then it depends do you think the premium is worth the tag! Edited July 18, 2021 by D3badge Link to post Share on other sites More sharing options...
ER-3682 Twincharged July 18, 2021 Share July 18, 2021 14 minutes ago, D3badge said: anything can be insured, it all boil down to the premium you gonna pay! in general it is always market value, thus if you want agreed value, a bespoke insurance then it depends do you think the premium is worth the tag! Noo...Surveyer...will Survey it...& adjust..to the Claims...lets say..you have a Shop..Insured for $5 Millions inc the Goods inside...if catch Fire..everything burnt..do you think..you will get $5 Millions.?Nope.. Link to post Share on other sites More sharing options...
ER-3682 Twincharged July 18, 2021 Share July 18, 2021 If so easy to get Money..alot of People will insured high...middle of the night..take out the Good Stuff..Put worthless Goods..& set Fire & Burn down the Unit. Link to post Share on other sites More sharing options...
inlinesix Hypersonic July 18, 2021 Share July 18, 2021 5 minutes ago, ER-3682 said: Noo...Surveyer...will Survey it...& adjust..to the Claims...lets say..you have a Shop..Insured for $5 Millions inc the Goods inside...if catch Fire..everything burnt..do you think..you will get $5 Millions.?Nope.. For car insurance with agreed value condition, that’s the amount to be paid upon total lost. 1 Link to post Share on other sites More sharing options...
Jumpmanz 5th Gear July 18, 2021 Share July 18, 2021 Driver problem. Car is perfectly well engineered. ↡ Advertisement Link to post Share on other sites More sharing options...
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