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asked about Car Insurance

over 3 years ago

Hello I'm 19 this year and I'm planning to buy a car, am I better off going on insurance with my parent's name or putting the insurance under my name?

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1 Answer

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Issac

Hi Leonardo, generally, obtaining car insurance by adding yourself to your parent's car insurance plan will result in a lower premium than starting your own plan, but that would mean you would have to buy the car under your parent's name.

Motorist can help you determine the best course of action for your insurance plans. Submit your details to this link to contact our helpful consultants:

https://www.motorist.sg/car-insurance

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over 3 years ago