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Claiming against my own insurance policy

When you are at fault for an accident or you have lost control of the car that resulted to the accident, you will probably be considering whether to claim from your own insurance policy. Remember to work out your sums before making a sound decision. When a claim is successful, your NCD will be affected and your renewal premium will be higher.

Policy Excess: S$500
50% NCD premium: S$600 (base premium at S$1,200)
20% NCD premium: S$1,440 (base premium at S$1,800 with loading due to accident claim)

Factoring the S$500 excess plus the additional premium of S$840 for your insurance renewal, you will have to pay an additional premium of S$1,340. Thereafter, if it is a minor damage to your bumper, you may want to consider repairing it at less than S$500.

Contact Autoshield at our customer service hotline at 63850007 or mobile 86869991, 85889991, 88669991, 86689991, 86889991, 88689991, 85881688, 85889191 and we will share with you on where to get affordable repairs at low cost with good workmanship, to reduce your costs.