Why Is My Motor Insurance Getting Higher? | Ask Motorist | Motorist Singapore

Related Questions

How much mileage is considered as a 'high' mileage?
What does car consignment mean?
What is omv and arf value? What does it mean if both of their values are the same? If i plan to buy a second hand car which is 8 or 9 years old, how do i calculate how much will i get after scraping at the end of 10 years?
What are the things that i should look out for if i am considering to renew COE for my vehicle?

How can we assist you?

Motorist App

Receive complimentary access to our full suite of vehicle management tools.

Damian asked about Car Insurance

almost 7 years ago

Why Is My Motor Insurance Getting Higher?

486 Views 1 Answer

Answer
Comment
Save
Share

How can we assist you?

1 Answer

0

There could be an increase in claims for your make and model, leading to higher premiums. Or the price may be driven by inflation. When repair costs, legal fees and medical costs (et cetera) increase, so must insurance premiums to keep up with these costs in general.

almost 7 years ago