Insurance Guide

Hong Kong is a city of travelers. Whether you are a jet-setting Hong Kong local that wants to try to make your friends jealous with all of the travel photos you post online or an expat business person that’s always on the go, people in Hong Kong are seemingly always scheming where their next holiday destination will be. One thing that is not always readily apparent when you first start making travel plans, however, is whether or not you will be able to legally drive in the country you will be visiting. Here, Kwiksure provides information on how to make sure that you are always able to drive where you need to go in foreign lands.

Motor insurance in Hong Kong is viewed by many as a near commodity. All drivers and owners of vehicles are required by law to be covered by at least third-party insurance with many also securing comprehensive plans. The problem is, while there are laws around minimum levels of coverage, not all plans are equal. In fact, there is such a wide variety of plans, all with different terms and conditions, which explains why it is common to see Hong Kong car insurance myths arise. Last year, we took a look at 8 motor myths , here we clear the air on 5 more.

If you own a car, or plan on buying one in Hong Kong you likely already know that you must purchase car insurance for your vehicle before you are legally allowed to drive it in the city. The thing is, when you start looking at plans you will likely come to find that there is a fairly wide variance in premiums. To help, we have created this article which focuses on how car insurance premiums are calculated in Hong Kong. Before we look into the different factors insurers will consider it is important to note that there is no set calculation that must be used by all insurers when offering motor insurance plans. Rather, insurers will price their plans utilizing a wide variety of factors. Because every business is different, there will be external factors that have an impact on what they charge for insurance. For example, the number of claims submitted vs paid out, goals of the company, and competition all have a varying impact on the price. That said, there are a number of factors used by all insurers. Here we will look at eight common factors that insurers will use when quoting a price for car insurance in Hong Kong.

Hong Kong is one of those cities where owning a car is seen as more of a luxury than a necessity. This means that there are an abnormally high number of sports cars on the road when compared to cities of comparable sizes. If you are thinking of buying your first, or even your next sports car you are going to need to get it insured before you can drive it legally on the roads here. The thing is, due to the sheer power and price of these vehicles insurers will tend to have some restrictions and conditions on plans for these cars. Here, we take a look at three important things you need to know about insurance for sports cars in Hong Kong.

This day a year ago , we were writing about five Uber drivers being in hot water over local driving laws. The car-hailing company has had an interesting few years, with numerous challenges to its business being launched around the world. In 2015, Hong Kong police charged the five drivers for carrying passengers illegally for reward and for not having appropriate third party liability insurance coverage. Last week the court convicted those same five Uber drivers on the charges the Hong Kong Police arrested them for a year ago. The ruling itself potentially spells disaster for Uber, who has launched appeals for its drivers in response to the convictions. This week, Kwiksure will discuss the outcome of the court case, what it means for Uber, and what passengers and drivers should be aware of in future.

Every time you get in your car, start it up, and pull out onto the road there is a chance that you will be in an accident. When it comes to driving it's not a matter of if you will be in an accident, but when. That is why it is so important to ensure that you have adequate car insurance coverage which can and will cover most if not all of the cost of repairs and damages. The concern here is that some insurers or garages in Hong Kong might not act in the best interests of the drivers they cover and try to inflate claims. Should this happen, you could see your premiums increase at a higher rate or if the damage is serious enough you could end up paying a considerable sum out of pocket. In order to ensure that you are treated fairly when it comes to submitting a claim after an accident, here are 5 things you can do.

New insurance rules around insured cars leaving the mainland have been released. The Car insurance laws section below has been updated with this new information. It's a time for visiting loved ones, many of whom might live over on the mainland. If you’re thinking of driving over the border to visit family and friends, you’ll want to make sure that you’re prepared for the differences in road rules between Hong Kong and China.

Remember when the phrase “car technology” meant images of K.I.T.T. from Knight Rider? Hundreds of flashing coloured lights, digital dials and a talking car A.I. - the future of our driving experience seemed light years away. Yet here we are; we’re getting extremely close to a time in which our science fiction will become our driving reality. But just how far have we come in terms of car tech? Developments in the sorts of technology being tested and utilised in the automotive industry have been growing for years. Yet even avid tech readers have been dubious about whether cars could be included as part of the tech industry. The fact is, however, that car makers are at the forefront of tech development and the new innovations making their way into our vehicles are just around the corner.

Auto insurance is an inevitable expense for every driver, many of whom opt for third-party insurance to save costs. But does the lower premium make it a more suitable choice for you? And do you truly understand the differences between third-party and comprehensive insurance in the protections they afford to you? To save money, it is more useful to understand how insurers set the premiums for each driver, including how the vehicle owner's driving experience and the vehicle brand weigh in. In the following, we’ll analyze the 9 major factors affecting the premiums set by insurers one by one. A good understanding of these principles may well help you save a bunch in car insurance year after year.

Let’s talk about dash cams again. Don’t remember? Last time we explained what a car dashboard camera is, how they work, what features they can have and, most importantly, which ones were worth buying if you were in the market for one. Those of you who are still on the fence about whether it’s worth having one just need to read on. In this article, we’re going to show you a few horror stories in Hong Kong that might help change your mind. Warning: following some of the links in this blog post will take you to sites hosting footage of some graphic car-related incidents. Discretion is advised.

he weather has finally started to cool down, almost every building and mall has their decorations up, not to mention the fact that almost every store is blasting not only Christmas music, but also the AC! That's right, it's the holiday season in Hong Kong and many of us have started to visit the stores buying gifts for loved ones and friends. Regardless of what you purchase, there is a good chance that at some point you will be storing your purchases in your vehicle. This can be tempting for thieves, and should something be stolen from a parked vehicle you may find yourself wondering whether it is covered by your car insurance policy and how you can prevent it from happening again.

Hong Kong is a unique city with steep verdant hills running right into the ocean that, while pretty, do limit the urban sprawl common to so many other cities with similar population. Therefore, in order to house 7.7 million people, buildings go up rather than out. This means that many of us are living in high rise apartments that can be among the smallest in the world. These cramped conditions do present a number of risks, chief among them fire. Here we take a look at the different types of home-related insurance available in the city, and an interesting situation revolving around coverage and claim settlement.