Released date: 28 December 2023

eazy CEO Douglas Chia Interviewed on The Straits Times Podcast

The CEO of eazy, Mr. Douglas Chia, was featured on The Straits Times' COE Watch Podcast, where he shared valuable insights into navigating the complexities of the motor insurance industry in Singapore. In this conversation with Mr. Lee Nian Tjoe, Mr. Chia provided tips to help individuals better understand and manage their car insurance.

 

For many in Singapore, purchasing a car marks a significant milestone, but car insurance often feels like a burdensome aspect. The insurance industry is filled with clauses and caveats designed to protect insurers, contributing to the challenge individuals face in comprehending their insurance purchases. 

 

Some key highlights discussed in the podcast include: 

  • Why do some people pay significantly lower insurance premiums?
  • How do insurers profile their customers?
  • Are NCD protectors worth the money?
  • Why do short-term car renters have to pay such high prices for car repairs when they get into an accident?
  • What to do if you get into an accident, but the other party does not file a report?

 

Listen to the podcast below, or read the article here

Updated date: 09 January 2024