SHC Capital, the provider of SHC Car Insurance, is considered a respectable player in Singapore’s insurance industry. The company is a registered general insurer, which is regulated by the Monetary Authority of Singapore also known as MAS. To date, the Singapore Stock Exchange lists SHC Capital under Catalist.
Car ownership in Singapore involves a huge financial expense, probably the highest in the world. Therefore a frequently asked question is how much dough do drivers in Singapore have to sacrifice in order to own a car. And how much cash flow does it take, really?
Why is it important to know how you’re charged for your motor car insurance? Because by knowing how you’re charged, you can somewhat get the best premium not only by comparing quotes, but also by influencing the factors that determines your auto (car or motorcycle) insurance pricing. Insurers charge different premiums according to the risk [...]