More motorbike owners are biting the in-car camera trend. In recent months, sales of these electronic video recording devices have gone up by 30 percent.
To promote use of these electronic eyes, Insurance giant NTUC Income offers a $100 discount on insurance premiums when policyholders submit video recordings that help settle a claim, regardless of which party is liable. It said that more claims are accompanied by video – about five percent now compared to three percent a year ago.
Speaking to The Straits Times, Vice President of NTUC Income’s Motor Insurance, Peh Chee Keong, said video evidence comes in handy when there are discrepancies in statements, and can help the company when fraud is suspected.
Statistics from the Traffic Police show that the number of fatalities from motorcycle accidents fell by almost 30 percent over the past three years, even as the number of registered motorcycles has remained constant at around 144,000.
The total number of traffic violations committed by motorcyclists, however, increased from 21,032 in 2012 to 26,640 last year.