not valid

some drivers complain that since motor insurance is a legal requirement, the government should step in to regulate the industry amid the higher and higher costs............. oh pls.....!!!

well take a step and think........... the legal requirement is 3rd party motor insurance.... not 1st party aka comprehensive insurance that covers damage to the vehicle even if it's due to the fault of the driver....

one is obliged to take up comprehensive insurance bcos the owner owes the finance company a sum of money = the loan.....

so instead of barking up the wrong tree, do read up more.... if one has the bucks, pay for the car in full and one can enjoy relatively low cost 3rd party motor insurance.... comprehensive insurance is only necessary cos one has to BORROW to buy a car....

sigh...........