Insurance Guide

The SAR government announced on August 27th a Free Flow Tolling System (FFTS) in their Road Traffic (Toll Tags) Regulation . Expected to be rolled out halfway through 2022, drivers will only need to affix a vehicle-specific toll tag on their windshield to be able to pay the tunnel toll. Simply put, with this, non-stop toll payment is possible at government toll tunnels and the Tsing Sha Control Area. Read on for a quick rundown of how to pay with an auto toll tag in Hong Kong under the new FFTS in this Kwiksure article.

The SAR government sets a goal to stop registering any new petrol vehicles and hybrid cars by 2035. Instead, electric vehicles (EVs) are expected to keep with the global energy-saving trend to reduce exhaust emissions. That said, a number of drivers are still concerned about the distribution of electric car charging stations in Hong Kong prior to buying one. Unlike in the West, most drivers here don't have the option to install a home electric car charger inside their garage. That's why it is a major consideration for owning an EV in Hong Kong. As electric cars in HK become the key trend, let's take a look at how to find EV charging stations, the supply/distribution of EV chargers here, its specifications for installation, as well as related costs.

Tesla announced today (9 March 2022) another round of price increases for its Model Y multi-purpose SUV and Model 3 effective 11 March, which represents another round of price hikes since the end of last year. The price changes after the one-for-one incentives are as follows: Model Y Model Original price in HKD New price in HKD (effective 11 March) Change RWD (Standard Range) $337,800 $341,800 1% Long Range $399,700 $422,920 6% Performance $502,470 $519,670 3% Model 3 Model Original price in HKD New price in HKD (effective 11 March) Change RWD (Standard Range) $307,800 $315,800 3% Long Range $367,000 $377,800 3% Performance $459,470 $476,670 4% Colors Color Original price in HKD New price in HKD (effective 11 March) Pearl white (multi-coat) Free $9,600 Solid black $9,600 Free Midnight silver metallic $9,600 $9,600 Deep blue metallic $9,600 $9,600 Red (multi-coat) $12,800 $12,800 MODEL Y specifications comparison Standard Range (RWD) Long Range (AWD) Performance (AWD) Cruising range (WLTP) 455 km 542 km 528 km Top speed 217 km/h 217 km/h 241 km/h 0 to 100 km/h 5.6 s 5.1 s 3.7 s Wheel size 19- or 20-inch 20-inch 21-inch Seat configurations available 5-seat only (for now) 5-seat only (for now) 5-seat only (for now) Beginning from the standard version, the Model Y is equipped with a panoramic glass roof, autopilot, active safety functions, etc., and the Hong Kong version has additionally added a "HEPA" high-efficiency filter system, which is sufficient to protect against biological weapons. As for the charging configuration, Tesla said it will expand the network of the world's fastest "V3 Supercharging" supercharger in Hong Kong. The Model Y can be charged for nearly 270 kilometers of cruising distance in 15 minutes. Currently, there are 35 supercharging stations throughout the territory, providing a total of 172 superchargers and more than 600 destination chargers.

Few cities attract Hong Kong emigrants quite like Taiwan. In this series of Kwiksure articles featuring four hottest emigration destinations for Hong Kongers (i.e. the UK , Canada , Australia , and Taiwan), we'll get to the nuts and bolts of how to exchange your driving license, get one, buy car insurance, as well as transfer your existing No Claims Discount/No Claims Bonus (NCD/NCB).

Canada has always been one of the hottest emigration destinations for Hongkongers. Among Canadian cities, Vancouver and Toronto are especially popular. The Canadian government has recently pushed out a scheme titled 'Hong Kong Pathways', which enables those who have completed a post-secondary degree in the past five years to apply for a 3-year long work visa. Having said that, it's a vast world out there compared to Hong Kong, and roads tend to be a lot more spread out. Living without a car is akin to being a bird without wings. If you're interested in emigrating, you should get to know how to exchange or obtain your driver's license. In this Kwiksure series, we will go through four popular emigration destinations among Hongkongers. This includes the UK , Canada, Australia, and Taiwan. Read on for answers to frequently asked questions like how to exchange your driver's license , how to get one , how to secure car insurance , and how to transfer your No Claims Discount/No Claims Bonus (NCD/NCB).

While the COVID-19 pandemic rages on, the UK pushes out the BNO (British National Overseas) visa and extends the LOTR (Leave Outside the Rules). Thus, a number of Hongkongers decided to jump the gun and moved to the UK prior to the reopening of borders. According to the Census and Statistics Department , the net outflow of people alone for last year was 39,800 people. It's no surprise that this broke the record as the highest number of people leaving Hong Kong. Britain's Home Office also recorded 34,300 BNO visa applications in the first season of 2021. Once Hong Kong reopens its borders, this emigration trend will only continue. Compared to here, the vast expanses of land in the West means that you might be in trouble without a car. That's why getting a driver's license is necessary to avoid becoming a bird without wings overseas. In this series of Kwiksure articles, we'll explore 4 of the most popular emigration destinations among HongKongers: the UK, Canada, Australia, and Taiwan. We'll shed light on the frequently asked questions, including how to exchange your foreign driving license, get a license in the UK, buy car insurance, and how to transfer your NCD/NCB.

Countless aspiring motorcyclists are confused about whether it’s better to drive on an automatic or manual transmission. To help you make the right decision, today at Kwiksure , our experts will explore the differences and pros and cons between the two.

Generally speaking, buying insurance is a personal decision. Having said that, four types of insurance are mandatory according to the laws in Hong Kong. They are boat liability insurance, third-party motor insurance, third-party liability insurance for building management, and employees’ compensation insurance. Today at Kwiksure, we’ll talk briefly about what these four types of insurance cover.

Digitalization has been revolutionizing the insurance industry in recent years. Whether it's underwriting, claim-filing, or even renewal, they are all on the cusp of a major upheaval. Today at Kwiksure , our experts will explore how the use of technology will shape the future of car insurance.

A foreign domestic helper (FDH) who is loyal and a great match for your family is one in a million. However, if there ever comes a time when you need to terminate the contract, how do you break off the employment relationship amicably? Today at Kwiksure , we will zoom in on the procedures and processes for domestic helper employment contract termination.

As the COVID-19 Vaccination Program starts rolling, eligible citizens in Hong Kong may choose to be inoculated with Sinovac's CoronaVac or BioNTech's Pfizer. Moreover, the government will set up an indemnity fund to compensate people adversely affected by the vaccinations. Having said that, you might still be worried that this fund will not offer adequate financial support. This brings us to the question: Will insurance policies currently available in the market cover the potential risks of getting the COVID-19 vaccinations? Today at Kwiksure , our experts will reveal the answer.

So you’ve just got a drivers’ license in Hong Kong and bought a new car. You are more than ready to hit the road and experience Hong Kong’s historic boulevards as a driver for the first time. However, there’s one more thing you need to do before you are able to drive in Asia’s business hub. To legally drive in Hong Kong, apart from your drivers’ license, you are also required to get a license for your vehicle. While the registration process is not very complicated, new drivers may still need some time to figure out the details. To make things easier for you, our experts at Kwiksure have created this infographic to guide you through the key steps of registering and renewing a vehicle license. The infographic is split into three main parts. The first part highlights the process of registering a vehicle. The second part outlines the requirement for getting a vehicle license renewed. The final part shows the vehicle license fees for various types of engine capacities. Let’s briefly go through what they entail.