GIA launches new Vehicle Accident Report History service
22 Feb 2024|6,595 views
The General Insurance Association (GIA) of Singapore announced on Wednesday (21 February 2024) the launch of its new online Vehicle Accident Report History (VARH) service.
This service is provided on the GIA Easy Accident Reporting System (GEARS), the association's motor accident reporting online platform.
Owners of vehicles that are presently registered will be able to buy the report that shows the dates of accident reports made by owners or drivers of the vehicles, over the last six years. Each report costs S$90, exclusive of prevailing GST.
Vehicle owners must use Singpass MyInfo to access and use this service. Currently, the VARH service is only offered to individual vehicle owners.
This new service builds on the successful launch of GEARS, a platform launched in 2020 to offer consumers a more seamless and convenient payment, and delivery of third-party accident reports.
While the GEARS launch enables motorists to remotely and securely buy third-party accident reports in the event of an accident, the new VARH allows prospective buyers of second-hand vehicles to understand the accident history of the vehicle prior to purchase. GIA said businesses, such as motor vehicle traders, may request vehicle owners to buy the report before the transfer of vehicle ownership.
"For the first time, car owners can access the list of the accident reports made on their vehicles. Both buyers and sellers can use it as part of a more informed vehicle buying and selling experience," said Mr. Ho Kai Weng, Chief Executive of GIA.
The General Insurance Association (GIA) of Singapore announced on Wednesday (21 February 2024) the launch of its new online Vehicle Accident Report History (VARH) service.
This service is provided on the GIA Easy Accident Reporting System (GEARS), the association's motor accident reporting online platform.
Owners of vehicles that are presently registered will be able to buy the report that shows the dates of accident reports made by owners or drivers of the vehicles, over the last six years. Each report costs S$90, exclusive of prevailing GST.
Vehicle owners must use Singpass MyInfo to access and use this service. Currently, the VARH service is only offered to individual vehicle owners.
This new service builds on the successful launch of GEARS, a platform launched in 2020 to offer consumers a more seamless and convenient payment, and delivery of third-party accident reports.
While the GEARS launch enables motorists to remotely and securely buy third-party accident reports in the event of an accident, the new VARH allows prospective buyers of second-hand vehicles to understand the accident history of the vehicle prior to purchase. GIA said businesses, such as motor vehicle traders, may request vehicle owners to buy the report before the transfer of vehicle ownership.
"For the first time, car owners can access the list of the accident reports made on their vehicles. Both buyers and sellers can use it as part of a more informed vehicle buying and selling experience," said Mr. Ho Kai Weng, Chief Executive of GIA.
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