Watching COE market is just like watching stock market, my belief is reaffirmed again that the mass market and media always get it wrong. Apr 19, 2012 – Straits Times: COE prices continue steep climb CERTIFICATE of entitlement (COE) prices for cars up to 1,600cc and taxis are at an all-time high. They posted the strongest […]
Should you bite the bullet when COE is at $91,000
The COE Results for APRIL 2012 Category B (Car above 1600cc) is $91,000! Many people seem to be willing to pay a higher premium in anticipation of possible quota cut. However, do you have to bite the bullet even if you really need to buy a car? First of all, you must understand what is […]
What is the premium difference without COE?
When the sum insured does not include the COE, the general practice is for insurers to offer a 5% discount off the basic premium computed from the market value of the vehicles. This is because the sum insured does not impact the premium pricing as much as the public might think. Most insurance claims are […]
Should insured insure the vehicle with or withour COE?
It is really the policyholders’ option. However, it is recommended to insure with COE for the following reasons: Financial institutions that extend the vehicle loans, for credit prudence, would generally expect the value of insurance coverage to be at least equivalent to the loan amount. By insuring without COE, the insured is assuming the hassle […]