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Mileage Rate Policy

Singapore Community Discussions

The government has a mileage payment system for cars and motorcycles. I recommend that you follow this, as the value of benefit derived from an existing car with renewed COE is computed as follows:

Value of Benefit = (Mileage rate per km x Mileage incurred)

Take photographs of the accident scene and damaged vehicles/property. You are required by the General Insurance Association of Singapore to report an accident to your insurer within 24 hours.