Insurance Guide

What started out as yet another mid-August typhoon, Typhoon Hato quickly intensified in strength as it barreled down on Hong Kong, unleashing hurricane force winds and rain, prompting the city to raise its first T10 warning in 5 years. As the typhoon raged, videos and reports of damage to homes and property were quick to come in with the SCMP reporting that there could be upwards of HKD 8 billion in losses. This typhoon and the damage it caused has certainly led to many people in the city wondering whether home insurance will cover damage from storms like this. Here, we aim to take a look at what you need to know about home insurance and how it covers damage from typhoons and other major storms.

If there’s something that reignites the classic gender debate, it’s the question over who are better drivers. It can be a bit tongue-in-cheek, a little irrational, and sometimes even a heated discussion, but it’s something that many organizations and industry bodies have considered. This week, Kwiksure takes a look at what studies have said about female drivers over the years, and finds some trends that have remained constant over time.

Any driver in Hong Kong should be aware of the legislation governing traffic offences, so that they don’t risk putting their safety or the safety of other drivers and pedestrians in jeopardy. From dangerous driving, driving under the influence, to driving without third party auto insurance, today we look at what Hong Kong legislation has to say about the most common traffic offences in Hong Kong.

So, you've bought a new car. That's great, you are one step closer to the freedom owning a car can bring to people in Hong Kong. That said, there is one more thing you need: insurance. In order to get you and your new car on the road quickly, and legally, you should secure at least third party insurance. To help make things as easy as possible, here are six things you can do to find the best third party car insurance plan in Hong Kong.

Looking after your car is like looking after your body; the better condition you can keep it in, the better it will treat you over time. Car maintenance is a fact of life for vehicle owners, and it can be the difference between protecting yourself, your passengers and one of your most expensive assets. Some countries mandate that drivers have their vehicles tested at regular intervals, obtaining either a certificate or warrant of fitness, but what are the rules in Hong Kong? This week, Kwiksure examines the rules of certifying a vehicle roadworthy for Hong Kong drivers and how this might affect your insurance.

Roads can be dangerous places but, as a driver, nothing makes it more unsafe than distracted driving. There are lots of reasons for losing focus on things other than your driving; other passengers, alcohol and drugs, music. However, smartphones are by far the number one reason many drivers will take their eyes off of the road and pose a safety risk to other drivers and pedestrians. This week, Kwiksure examines the laws around using mobile phones whilst driving on Hong Kong roads, as well as the impact being distracted might have on your insurance.

As we’re right in the thick of the rainy season now, it’s important for Hong Kong motorists to adjust to the conditions. Wet weather, typhoons and strong winds can all cause havoc on the roads and drivers need to take extra care to ensure they don’t cause accidents or injuries. This week, Kwiksure has some helpful rain safety tips to help you stay on the roads this wet season.

As you are most likely aware, in Hong Kong it is mandatory for all drivers and owners of vehicles to have car insurance that meets the minimum level of coverage required by law. While there are a myriad of car insurance companies and plans in the SAR that offer varied levels of coverage to suit different needs, choosing the right plan at the best value possible can be challenging. To make matters even more complicated, you will also find that there will be a wide variance in premiums, with many factors that will go into the calculation of what you will be charged for your car insurance. One such factor is your car’s engine capacity. But, what exactly is the connection between your car’s engine capacity and your insurance premiums? The answer to this question is not as straightforward as you might think, as the calculation of your premium in relation to the size of your engine involves a number of considerations. To help, this article delves into the connection between engine capacity and how car insurance premiums are calculated.

Hong Kong is a city of travelers. Whether you are a jet-setting Hong Kong local that wants to try to make your friends jealous with all of the travel photos you post online or an expat business person that’s always on the go, people in Hong Kong are seemingly always scheming where their next holiday destination will be. One thing that is not always readily apparent when you first start making travel plans, however, is whether or not you will be able to legally drive in the country you will be visiting. Here, Kwiksure provides information on how to make sure that you are always able to drive where you need to go in foreign lands.

Motor insurance in Hong Kong is viewed by many as a near commodity. All drivers and owners of vehicles are required by law to be covered by at least third-party insurance with many also securing comprehensive plans. The problem is, while there are laws around minimum levels of coverage, not all plans are equal. In fact, there is such a wide variety of plans, all with different terms and conditions, which explains why it is common to see Hong Kong car insurance myths arise. Last year, we took a look at 8 motor myths , here we clear the air on 5 more.

If you own a car, or plan on buying one in Hong Kong you likely already know that you must purchase car insurance for your vehicle before you are legally allowed to drive it in the city. The thing is, when you start looking at plans you will likely come to find that there is a fairly wide variance in premiums. To help, we have created this article which focuses on how car insurance premiums are calculated in Hong Kong. Before we look into the different factors insurers will consider it is important to note that there is no set calculation that must be used by all insurers when offering motor insurance plans. Rather, insurers will price their plans utilizing a wide variety of factors. Because every business is different, there will be external factors that have an impact on what they charge for insurance. For example, the number of claims submitted vs paid out, goals of the company, and competition all have a varying impact on the price. That said, there are a number of factors used by all insurers. Here we will look at eight common factors that insurers will use when quoting a price for car insurance in Hong Kong.

Hong Kong is one of those cities where owning a car is seen as more of a luxury than a necessity. This means that there are an abnormally high number of sports cars on the road when compared to cities of comparable sizes. If you are thinking of buying your first, or even your next sports car you are going to need to get it insured before you can drive it legally on the roads here. The thing is, due to the sheer power and price of these vehicles insurers will tend to have some restrictions and conditions on plans for these cars. Here, we take a look at three important things you need to know about insurance for sports cars in Hong Kong.