What can I get from this car insurance?
If you commute to work by car everyday, you'll definitely feel the pain on your wallet from car maintenance, fuel, tolls and not to mention the yearly road tax. Don't let your car gobble up your hard-earned money any further!
With MPI Generali Comprehensive Private Car Insurance, you can save hundreds and thousands from the money you spend on car repairs and third party liability in case you inevitably hurt the other party involved due to an accident. That's not all, your car is also safely insured against accidental fire damage and theft.
Is there any additional coverage I can get for my car?
Certainly, you can have your car protected from the inside out! Additional coverage are available for windscreen, natural catastrophe such as flood, your liability against claims for your passengers and vehicle accessories. Pay a little bit more to cast your worries away, it's a worth buy after all.
How much do I have to pay for premium?
Your premium calculation will be based on a few factors, both regarding both your vehicle and yourself as a driver. This risk assessment will be the determining factor in your premium commitments:
- Value of the vehicle
- Engine capacity
- Sum Insured
- Age of Driver
- Gender of Driver
- Occupation/Education of Driver
- Place of Residence
- Claim History.
How insurer determine the no claim discount (NCD) I am entitled to?
Not to worry, there's no sophisticated condition and calculation behind NCD. You will automatically receive 25% NCD which is tied to your car after the first year of insurance provided that there's no claim arises from your policy. Subsequently, it's 30% after two years of insurance, 38.33% for three years without any claim, 45% after fours years and lastly a maximum of 55% for five years and above.
Do I have to pay for GST?
Yes, 6% GST will be included in the calculation of your premium.