General and Marine Insurance have an experience of over 45 years of insurance consultation for clients. They come up with the best plans for their clients according to their specific needs.
Singapore makes it necessary for all vehicle owners to have an insurance policy. Motor insurance is to reduce the financial loss and any third-party lawsuit or other issues that might occur after an accident. Your insurance company will pay for the damage to the vehicle, public property, and any medical bills which may be viable for you and the other party. Some policies do not cover your medical expenses, so you have to make a careful choice.
Here are some questions to keep in mind before getting the insurance plan.
- Who are all the drivers, and how experienced are they?
- How much will the vehicle be used, and in what territories?
- Do you have coverage already and need some additional benefits or upgrades, and what about the other driver?
- You need to purchase the policy depending upon its usage. Is it a commercial, family, or personal usage vehicle?
Why do you need the motor insurance?
- Car accidents are a common occurrence and can happen at any time or place, and no one sees them coming. You need to get insurance to protect yourself and any other family members you have. If you got into a serious accident and there are hospital bills to pay, insurance comes in handy. Some hospitals charge a big amount, and you can prevent yourself from making a big dent in your pocket.
- Car insurance protects your vehicle and covers all the damage to it. The damage may be a slight dent or huge structural disfiguring, so you need a trusty motor vehicle insurance policy to help you out. It saves you both time and money as the procedure can be quite complex.
- If you accidentally hurt someone, you will need to pay for their vehicle and the hospital bills. If you want to save up your money and provide help to the person like the responsible human you are, get motor insurance immediately.
- Sometimes victims of the accident will sue you for the damage to their car or their injuries. It is advised to be prepared beforehand if you end up facing a lawsuit. Such cases can squeeze out a lot of money, so be smart.
G&M also offers free consultations to clients who want to know what type of car insurance best fits their situation. Avail this opportunity, and get the best auto insurance policy at the earliest.
