Insurance Guide

In a recent article, Kwiksure discussed adding extra drivers to your insurance policy and what you need to be aware of in regards to doing this. While this works well for people who will be driving your car on a regular or semi-regular basis, it isn't overly efficient for people who want to lend their car on a short-term or occasional basis. For example, if a friend is moving and you own a minivan, and they ask you to borrow it for the day, it doesn't make a lot of sense to sign them up as a driver under your policy, pay the premium and then remove them a few days later. In this article, we will take a look at how car insurance works when you lend a car and provide some useful advice you should be aware of before lending your car.

Generally speaking, Third Party Liability Insurance (also known as Third Party Insurance or TP Insurance) is a relatively basic car insurance that provides coverage for the bodily injury and property damage of third parties. The policyholder still needs to cover their own medical and vehicle repair expenses. A more comprehensive motor insurance policy, in addition to protecting third parties, also offers full protection for the policyholder and their vehicle.

In Hong Kong, as in pretty much every other country, it is mandatory for car owners to secure car insurance before they can legally drive the vehicle. The thing with motor insurance, however, is that, because there are numerous providers, plans, rules, etc, it can all get a little confusing what is and isn't covered. It is mostly because of this that you start to see myths appear when talking with other people. In this article, Kwiksure takes a look at the top 8 motor insurance myths in Hong Kong that all drivers should be aware of.

One of the most common questions we receive at Kwiksure is whether a driver can add another person onto their car insurance policy for a short amount of time. In this article, we set out to answer this question and provide useful information that you will need to know before adding people to your plan.

The tragic fire in Ngau Tau Kok is finally out and many people have been heaping well-earned praise on the firefighters who battled the blaze for over 100 hours. In the aftermath of this fire however, a number of important questions need to be asked, especially when it comes to storing things in the increasing number of storage units that are cropping up in the city and whether this stuff will be covered by insurance.

In late June 2016 Mercer, one of the world’s largest business consulting firms, released the 2016 version of their annual Cost of Living report . Unsurprisingly, the city at the top as the most expensive place to live is Hong Kong. While there are a number of drivers behind this ranking, it is real estate that is the single biggest reason Hong Kong is so expensive to live in. These days, if anyone wants to purchase a home in the city, they are going to have to take out a mortgage. If you are considering purchasing property in Hong Kong there are a number of things you need to be aware of when it comes to your mortgage, including how it links with fire insurance.

On June 11, Hong Kong will host its first classic car auction. On the block is a wide variety of cars from the sleek 1960 Mercedes-Benz 190SL to the 1981 Ferrari 308 GTB. This auction will surely bring a fair amount of interest to classic and antique car lovers and collectors. The impending auction highlights an emerging trend in the city that is seeing an increasing number of car lovers seeking out their dream cars at auctions around the world. If you are considering buying a car at an auction in Hong Kong, or overseas, here are some important things to remember.

According to the Hong Kong Fire Services, fire crews responded to 34,320 fire calls in 2015, or about 94 calls a day. These fires are most commonly attributed to accidents occurring during the preparation of food, careless handling of flammable items, and electrical faults. While building and fire codes are stringent in the city, there is still a chance that your apartment could be affected by a fire. Because so many of us stand to lose so much, it would be a good idea to mitigate losses by securing a strong fire insurance policy. In this article we look define fire insurance policies, look at the different types of fire policies available in Hong Kong, and how fire insurance premiums are set.