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Do you need motor insurance add-on covers?
Lim Siew May | 05 Jan 2018 00:30
Some people think comprehensive motor insurance covers against every calamity – 123RF
When we buy comprehensive motor insurance cover, some of us may have a false sense of security that we are covered against every calamity. Unfortunately, this is not the case, for insurance often comes with exclusions that are often overlooked by many. 

For instance, while you will be reimbursed if your car is damaged during a collision, you are not covered when it is damaged or stolen during a strike, riot and civil commotion.
 
This is not to say you should get all paranoid and cover your vehicles against every imaginable risk. iBanding.com co-founder Luke Roho believes that of the many motor insurance add-on covers, windscreen and special perils are particularly relevant to local drivers. iBanding.com is a platform that offers independent information and education on insurance.

Roho looks at two considerations when determining whether to buy insurance for protection against a certain risk. First, you should consider your historical claims. “Look at how relevant certain risks are to you, and decide if you should insure yourself against them,” he says.