Why the rising cost of insurance premiums?

Why are premiums for single females cheaper?

What exactly is an NCD protector?

Why are accidents in rental cars so expensive?

Staged accidents: Stories of exorbitant claims

What happens if the other party runs away?

How premiums are calculated and how making a claim does not mean a higher premium renewal.

Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.

It is compulsory for all vehicles to have third-party insurance and vehicles that are under financing are required to have comprehensive insurance policies.

To find out how motorists can avoid some of the pitfalls of getting coverage for their vehicles, ST’s senior transport correspondent Lee Nian Tjoe speaks with Mr Douglas Chia, the chief executive of Eazy, an insurance brokerage.

Highlights (click/tap above):

3:33 Why does it seem that motor insurance premiums are always going up, even when the car is getting older?

10:00 A married male driver pays less for insurance than an unmarried one, but the opposite is true for female drivers: an unmarried one is deemed to be less risky than a married one

21:33 How the No Claim Discount (NCD) protector does not work to the motorist’s benefit

28:00 Why accidents in rental cars are so shockingly expensive

33:49 Horror stories of exorbitant claims from staged accidents

44:35 What happens if the other party runs away in an accident?

Produced by: Lee Nian Tjoe (niantjoel@sph.com.sg), Ernest Luis and Teo Tong Kai

Edited by: Teo Tong Kai

Follow COE Watch Podcast here:

Channel: https://str.sg/iTtE

Apple Podcasts: https://str.sg/iqW2

Spotify: https://str.sg/iqgB

SPH Awedio app: https://www.awedio.sg/

Website: http://str.sg/stpodcasts

Feedback to: podcast@sph.com.sg

Read Lee Nian Tjoe's articles: https://str.sg/wt8G

Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ

Read more COE articles: https://str.sg/iGKC

---

Discover more ST podcast channels:

In Your Opinion: https://str.sg/w7Qt

Asian Insider: https://str.sg/JWa7

Health Check: https://str.sg/JWaN

Green Pulse: https://str.sg/JWaf

Your Money & Career: https://str.sg/wB2m

ST Sports Talk: https://str.sg/JWRE

#PopVultures: https://str.sg/JWad

Music Lab: https://str.sg/w9TX

Discover ST Podcasts: http://str.sg/stpodcasts

---

Special edition series:

True Crimes Of Asia (6 eps): https://str.sg/i44T

The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

Invisible Asia (9 eps): https://str.sg/wuZn

Stop Scams (10 eps): https://str.sg/wuZB

Singapore's War On Covid (5 eps): https://str.sg/wuJa

---

Follow our shows then, if you like short, practical podcasts!

#coewatch

How premiums are calculated and how making a claim does not mean a higher premium renewal.
Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.
It is compulsory for all vehicles to have third-party insurance and vehicles that are under financing are required to have comprehensive insurance policies.
To find out how motorists can avoid some of the pitfalls of getting coverage for their vehicles, ST’s senior transport correspondent Lee Nian Tjoe speaks with Mr Douglas Chia, the chief executive of Eazy, an insurance brokerage.
Highlights (click/tap above):
3:33 Why does it seem that motor insurance premiums are always going up, even when the car is getting older?
10:00 A married male driver pays less for insurance than an unmarried one, but the opposite is true for female drivers: an unmarried one is deemed to be less risky than a married one
21:33 How the No Claim Discount (NCD) protector does not work to the motorist’s benefit
28:00 Why accidents in rental cars are so shockingly expensive
33:49 Horror stories of exorbitant claims from staged accidents
44:35 What happens if the other party runs away in an accident?
Produced by: Lee Nian Tjoe (<a href="mailto:niantjoel@sph.com.sg">niantjoel@sph.com.sg</a>), Ernest Luis and Teo Tong Kai
Edited by: Teo Tong Kai
Follow COE Watch Podcast here:
Channel: <a href="https://str.sg/iTtE" aria-describedby="sk-tooltip-12099">https://str.sg/iTtE</a>
Apple Podcasts: <a href="https://str.sg/iqW2">https://str.sg/iqW2</a>
Spotify: <a href="https://str.sg/iqgB">https://str.sg/iqgB</a>
SPH Awedio app: <a href="https://www.awedio.sg/">https://www.awedio.sg/</a>
Website: <a href="http://str.sg/stpodcasts">http://str.sg/stpodcasts</a>
Feedback to: <a href="mailto:podcast@sph.com.sg">podcast@sph.com.sg</a>
Read Lee Nian Tjoe's articles:<a href="https://str.sg/wt8G"> https://str.sg/wt8G</a>
Follow Lee Nian Tjoe on LinkedIn:<a href="https://str.sg/iqkJ"> https://str.sg/iqkJ</a>
Read more COE articles:<a href="https://str.sg/iGKC"> https://str.sg/iGKC</a>
---
Discover more ST podcast channels:
In Your Opinion: <a href="https://str.sg/w7Qt">https://str.sg/w7Qt</a>
Asian Insider: <a href="https://str.sg/JWa7">https://str.sg/JWa7</a>
Health Check: <a href="https://str.sg/JWaN">https://str.sg/JWaN</a>
Green Pulse: <a href="https://str.sg/JWaf">https://str.sg/JWaf</a>
Your Money &amp; Career: <a href="https://str.sg/wB2m">https://str.sg/wB2m</a>
ST Sports Talk: <a href="https://str.sg/JWRE">https://str.sg/JWRE</a>
#PopVultures: <a href="https://str.sg/JWad">https://str.sg/JWad</a>
Music Lab: <a href="https://str.sg/w9TX">https://str.sg/w9TX</a>
Discover ST Podcasts: <a href="http://str.sg/stpodcasts">http://str.sg/stpodcasts</a>
---
Special edition series:
True Crimes Of Asia (6 eps): <a href="https://str.sg/i44T">https://str.sg/i44T</a>
The Unsolved Mysteries of South-east Asia (5 eps): <a href="https://str.sg/wuZ2">https://str.sg/wuZ2</a>
Invisible Asia (9 eps): <a href="https://str.sg/wuZn">https://str.sg/wuZn</a>
Stop Scams (10 eps): <a href="https://str.sg/wuZB">https://str.sg/wuZB</a>
Singapore's War On Covid (5 eps): <a href="https://str.sg/wuJa">https://str.sg/wuJa</a>
---
Follow our shows then, if you like short, practical podcasts!
#coewatch

Synopsis: Every 3rd Wednesday of the month, The Straits Times examines not just vehicle prices but wider transport issues and trends connected to public and private transport.

Podcaster: Lee Nian Tjoe

Produced and edited by: Teo Tong Kai

Executive producers: Ernest Luis & Lynda Hong

A podcast by The Straits Times, SPH Media.

Synopsis: Every 3rd Wednesday of the month, The Straits Times examines not just vehicle prices but wider transport issues and trends connected to public and private transport.
Podcaster: Lee Nian Tjoe
Produced and edited by: Teo Tong Kai
Executive producers: Ernest Luis &amp; Lynda Hong
A podcast by The Straits Times, SPH Media.

Wheel Insights

Synopsis: Every 3rd Wednesday of the month, The Straits Times examines not just vehicle prices but wider transport issues and trends connected to public and private transport.

Podcaster: Lee Nian Tjoe

Produced and edited by: Amirul Karim

Executive producers: Ernest Luis & Lynda Hong

A podcast by The Straits Times, SPH Media.

Synopsis: Every 3rd Wednesday of the month, The Straits Times examines not just vehicle prices but wider transport issues and trends connected to public and private transport.
Podcaster: Lee Nian Tjoe
Produced and edited by: Amirul Karim
Executive producers: Ernest Luis &amp; Lynda Hong
A podcast by The Straits Times, SPH Media.

Advertisement