No rise in claims for flood damage, say car insurers
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE motor insurance companies have not seen an uptick in flood-related claims in the past two months, but a major insurer advised motorists to understand the scope of their insurance cover as flood damage is not included in some policies.
Insurance companies told The Business Times that the number of claims they received for cars damaged by floods in December and January have been minimal.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
