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3. Congratulations on owning your first car
and a warm welcome to a life of
convenient mobility. To protect yourself
and your prized possession, you will
need to look for a car insurance tailored
to your needs. As a first time car-
insurance buyer, we've got some tips for
you:
What should a new driver look for in
an insurance policy?
While you may be looking out for the
cheapest policy, getting the most
appropriate cover as a new driver is
equally important.
Finding the Right Level of Cover
Type of cover – You need to decide on
either Third-Party Only, Third-Party Fire
and Theft, or a Comprehensive cover.
4. 1. Third-Party Only
The Third-Party Only (TPO) plan is ideal
for motorists who only require the basic
protection for liability against third-party
property damage or physical injuries.
2. Third-Party Fire and Theft
In addition to coverage provided by the
TPO plan, under third party insurance and
Theft (TPFT) plan you are covered for
damage caused to your car through fire.
3. Comprehensive
The Comprehensive policy covers the
entire above plus car damage in any
natural disasters including floods or a fallen
tree.
5. Getting covered is necessary for the safety of body and mind when on the
road. Having all these information’s in your hands, choosing your first car
insurance should be less trouble, especially with Go Bear. The road waits!
[Source: https://www.gobear.com.sg/#!/blog/detail/Buying-Your-First-Car-
Insurance]