Did you know? It's compulsory for every motorcycle ridden in Singapore to have a motor insurance 🏍 But how do you decide what plan does your motorcycle need? 🤷🏻♂️🤷🏻♀️
Personally, I decide mainly based on how frequent I use the bike, the cost of it, and the price of its spare parts. Therefore I usually find third party coverage sufficient for the small bikes that I've had, because I ride them occasionally and for any repair cost, it's reasonably low.
However, the bigger capacity motorcycles that I've owned are well insured under comprehensive plans because not only are they expensive, but as I ride it almost daily, the risks I face is higher. Plus, should anything happen, the repair costs easily doubles or triples the price of my insurance premium with DirectAsia Insurance.
So with a simple cost calculation, going with a comprehensive plan works out to be the wisest choice.
Hope my little tip above could help you better understand which motor insurance is most suitable for your ride! 😊
If you're still unsure, feel free to give @directasiainsurance a call or drop by their booth at the #SingaporeBikeShow2018 happening tomorrow through this weekend, where their friendly specialists would be more than happy to give you some advice!
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