Little details can be a big deal, especially when it comes to accidents and emergencies. Take the Titanic. The ‘unsinkable’ Titanic was manufactured with safety compartments to hold water at bay if an obstacle struck the ship.
The safety compartments failed because the rivets or iron bolts holding the compartments together were manufactured in haste. Costs were cut and so were corners, as a result the rivets were of a much lower quality and strength than they could have been. The iceberg found the ship; the sea found the weaknesses in the safety compartments and the rest is history.
Titanic aside, we all have days that we didn’t expect. And on those days, little details can make big things happen. For better or worse. The best solution? Be prepared. Get insured with someone who can help turn a bad day back into a good one. Good insurance is all in the details. Here are 5 things that matter.
1. Know What You Are Buying
Make sure you are clear about what your car insurance actually covers. Find out the difference between Comprehensive Insurance, Third Party Fire and Theft and Third Party only using this easy visual guide.
2. Look For A Plan Built Around Your Needs
Not everyone's needs are the same. Look for a plan that allows you to only pay for what you need. Questions to ask yourself include:
Do you already have a favourite, trusted garage?
How good is your personal insurance?
Do you want to include 24-hour roadside assistance?
Are you currently saving a lot because of NCD?
Do you frequently drive outside of Singapore?
Do you want compensation for loss of use?
Are you the only one driving your car? Or is your car shared by the family?
3. Online = Cheaper + Quicker
You only have to buy your first book from Amazon to know how much cheaper online shopping can be – it cuts out the middleman and takes you straight to the seller. By buying online you avoid paying brokers' commission of up to 25% on your insurance.
4. Take Advantage Of Promotions
Shopping around for car insurance can be a simple, effective way to reduce the price you pay for cover. Insurance companies often have promotions that are available regularly. Examples of current DirectAsia Car Insurance promotions:
Refer a Friend – Get $50 Flashpay Card
Buy a new insurance policy for newer car - Get $100 Flashpay Card
Install an in-car camera – Get 4% off car insurance
Insure a second car – Get 10% off car insurance
5. Get Insured After More Than One Accident
If you've had multiple accidents, it can be hard to find car insurance in Singapore. DirectAsia’s SOS plan gives you a complete range of cover including liability to third party and loss due to fire, theft and natural disasters. It also covers window breakage and towing expenses.
Like our regular policies, SOS is a great base for further customisation. You'll be able to choose from optional benefits like Loss of Use, 24 Hour Breakdown Assistance and My Workshop for even greater protection.
Quote of the day “The details are not the details. They make the design.” Charles Eames