Kwiksure Team

A rare car accident occurred in Kowloon Bay last week. A potential buyer met up with the car owner for a test drive. At first, the driving was nothing out of the ordinary. Then, the driver (i.e. buyer) suddenly lost control of the car when turning and crashed into road signs, railings, and five motorcycles parked on the side of the road. The vehicle turned over completely at the end. Fortunately, both the driver and the owner climbed out of the car uninjured. However, the total compensation for the five damaged motorcycles exceeded HK$100,000.

When a typhoon hits Hong Kong, naturally most people will stay at home. Still, there may be times when you need to drive in bad weather. Many believe that if a car accident happens or if your car gets damaged by shattered glass while parked on the roadside when the No. 8 typhoon signal is in effect, your car insurer will not compensate you for your loss, but is that true? In this article, Kwiksure will examine the factors that insurers will consider when deciding whether or not to compensate, as well as the claims procedures for third-party and comprehensive car insurance.

A number of families in Hong Kong hire their helper through a foreign domestic helper agency. That said, these intermediaries can charge a hefty fee of around HKD $10,000 and more. As the market for these employment agencies expands, and information becomes even more transparent, a new option opens up. Direct hire is a good way to save up on commission fees if you have the time to spare. Today at Kwiksure , we'll compare the procedures and costs of hiring a domestic helper directly and through an agency.

We purchase insurance plans for humans, so why not for our furkids? Nowadays, your veterinarian bill can be even pricier than your hospital one. Nearly every treatment comes with a steep price tag. Imagine if your pet swallowed the wrong food, has skin allergies, or even - touch wood - acquired chronic illness. That said, we haven't even touched on the potential compensation for if your pet accidentally harms someone while out for a walk. As a pet owner, it's a good idea to secure the best pet insurance in Hong Kong. How handy is it and what does it cover? Today at Kwiksure , we'll answer your FAQs and compare pet insurance to find the best pet insurance in Hong Kong.

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.

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.

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.

The novel coronavirus puts a stop to nearly everybody's travel plans. Many opt to visit local sightseeing spots instead for a taste of vacation. For this reason, renting a car for a local self-driving tour is becoming increasingly common. What precautions should you take when going on a self-driving tour during the pandemic? How do you rent a car in Hong Kong in the first place? Today at Kwiksure , our experts will delve into these questions.