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Thursday, January 4, 2007

Comparison of Motor Insurance Premiums

My colleague carries out a comparison of motor insurance premiums among the top insurers in Singapore. Here is the latest findings.

10 models of vehicles are compared. The premiums charge by the competitors can be up to 50% higher than NTUC Income.

 
New Cars 3 Years 6 Years
NTUC Income $519 100% $504 100% $475 100%
Company A $782 151% $712 141% $721 152%
Company B $641 124% $591 117% $586 124%
Company C $546 105% $589 117% $618 130%

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