Insurance
[Post 616] Beware This Insurance Clause For Car Sharing Services In Singapore
By Sonicericsg  •  March 13, 2023
Summary Do you use car-sharing services like BlueSG, GetGo or Tribecar? The next time you reserve a shared car, take a closer look at the terms and conditions, specifically, the accident insurance clause that dictates excess fees. In the event of an accident with a third party, car-sharing users are liable for two excess fee: For their rented car and for the third-party claim. Typically, a single excess starts at S$3,000 for experienced drivers and S$5,000 for inexperienced drivers....
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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