if ur bike is under instalments, most likely u mus go back there n let them suck ur blood again, n most likely they will want u to get 1st party! unless u can neg wif them lorOriginally posted by hideto09:hey guys, if my bike is still under instalments, can i renew/get my insurance from a different company (eg. ntuc) myself? meaning w/o having to ask the bie shop to do for me...
pls advise
see yur other threadOriginally posted by kokomo:wats a log card? vehicle registration card? i hav insurance cert wif mi and tis vehicle registration card... sufficient to renew on my own if i stil on installment?
provided you have a photocopy of the logcard, NTUC is willing to do it for you. legally the bike shop cannot take any action against you as long as the bike is insured.Originally posted by ah_tee:if ur bike is under instalments, most likely u mus go back there n let them suck ur blood again, n most likely they will want u to get 1st party! unless u can neg wif them lor
so maybe u can go back there n ask them can take 2nd or 3rd party or not
most insurance company dun want to do for u unless u have ur log card
i've heard of terms of contracts stating renewal of insurance can only be first party and at de motorshop of purchase...Originally posted by roger:provided you have a photocopy of the logcard, NTUC is willing to do it for you. legally the bike shop cannot take any action against you as long as the bike is insured.
Need to be first party because your bike is still under loan. So if lost, can clam mah. If not first party, the bike lost,u dont pay, the shop lugi.Originally posted by feng125:i've heard of terms of contracts stating renewal of insurance can only be first party and at de motorshop of purchase...
is dis true? anybody signed any contract b4?
i got contacts of doing without logcardOriginally posted by roger:provided you have a photocopy of the logcard, NTUC is willing to do it for you. legally the bike shop cannot take any action against you as long as the bike is insured.
well, could be in the whole stack of notes in the hire purchase agreement,Originally posted by feng125:i've heard of terms of contracts stating renewal of insurance can only be first party and at de motorshop of purchase...
is dis true? anybody signed any contract b4?
they might be earning thru NTUC side, u neber know...Originally posted by Noah:I just renewed my insurance. My bike shop did it for me. Switched to NTUC, 3rd party fire & theft. If kena fire or people steal, the insurance will pay the shop, but you get any money. And if kena accident, my insurance will pay for the other party's repair costs, but my own bike damage have to fork out money.
The premium stated in the insurance cert was the same as what the bike shop is aksing from me. So I guess the shop din earn any commision ?
if you read the fine print of the hire purchase contract, it will state that the hirer ( that is you) only needs to insure the goods. as to whether it is first party or third party, you are the one who decides. if the shop is not happy, you can ask them to bring the matter to CASE.Originally posted by feng125:i've heard of terms of contracts stating renewal of insurance can only be first party and at de motorshop of purchase...
is dis true? anybody signed any contract b4?
thats a very good point. for those ppl who giong to renew insurance and "forced" to renew 1st party, ask the motordiam to show documentary evidence dat u must renew 1st party and have your signature on it. insist on seeing it! it could mean a difference of a few hundred dollars if u were planning to get 3rd party.Originally posted by roger:if you read the fine print of the hire purchase contract, it will state that the hirer ( that is you) only needs to insure the goods. as to whether it is first party or third party, you are the one who decides. if the shop is not happy, you can ask them to bring the matter to CASE.
i am saying based on normal practices of motordiam, riders being forced to take on com plans during the period of their instalments is quite standard.Originally posted by roger:if you read the fine print of the hire purchase contract, it will state that the hirer ( that is you) only needs to insure the goods. as to whether it is first party or third party, you are the one who decides. if the shop is not happy, you can ask them to bring the matter to CASE.
problem is got no loggy card how? fotostate also dun haf? my friend search damn long n onli found one shop willing to do ,Originally posted by nismoS132:why so troublesome.... ownself go do better.
u happy 1st 2nd or 3rd up to u.