Compare the best comprehensive car insurance plans in Singapore

Unfortunately, no. However, some of our Car Insurance partners offers policies beyond a year to match with the driver's road tax expiry date.

Once you are involved in an accident, please call our 24-hour Emergency & Accident Helpline at 9223 9933 immediately. Our dedicated accident handling specialist will guide you through the entire process and assist you every step of the way.

Car Insurance and Car Warranty provide different types of coverage. Generally, Car Insurance covers accidents while Car Warranty covers mechanical breakdown and failures. Drivers may choose between Authorised Workshop or Any Workshop for their accident-related repairs.

We strongly encourage you to do so. Despite having settled privately, the other party involved may still claim from their Car Insurance. This may result in having to pay much more than your Car Insurance at-fault claim excess.

Yes, we provide quotations for private hire vehicles which will also include personal use vehicles under scheme R10/R11.

Insurers offer three main types of motor insurance policies. Optional benefits are available to meet your individual needs.
There are 3 types of motor insurance

Comprehensive Cover
As the name suggests, comprehensive car insurance offers the broadest range of coverage, providing peace of mind for car owners who want maximum protection. This type of insurance covers third-party liabilities, fire, and theft, as well as damage to your own vehicle, regardless of who is at fault in an accident. Comprehensive coverage can include car accident repairs, medical expenses for both drivers and passengers, and even coverage for personal belongings inside the vehicle. This comprehensive coverage is particularly recommended for new car owners, young drivers, or those with expensive vehicles who want to ensure they are fully covered. Additionally, comprehensive policies often come with optional add-ons such as Roadside Assistance, Towing, and coverage for Loss of Use, providing further convenience and protection.

Third Party, Fire and Theft Cover
If you're looking for slightly more comprehensive protection without paying for full coverage, consider Third Party, Fire, and Theft car insurance. This plan includes all the benefits of third-party insurance but adds cover for your vehicle in the event of a fire or theft. This means if your car is stolen or damaged by fire, you can file a car insurance claim to cover the cost of repairs or replacement. This type of car insurance plan is ideal for those who want to protect against common risks without the higher premiums associated with full coverage. It's particularly suitable for car owners who park their vehicles in areas where theft or vandalism is more common.

Third Party Cover
Third party insurance is the most basic form of car insurance coverage and is a legal requirement for all car owners in Singapore. This type of insurance covers you against claims from other people if you cause an accident. Specifically, it covers property damage and injuries to third parties involved in the incident. However, it's important to note that third party insurance does not cover damage to your own vehicle or medical expenses for yourself or your passengers. This makes it a budget-friendly option for those looking to meet the legal requirement but still carry some level of liability protection.

Recently due to the high claims in Motor Insurance the premium have went up substantially, therefore, your current insurer might not be able to give you a competitive rate and with us helping you we are confident we can do better than your current insurer and help you to save money on your motor insurance.

Tentatively 3 months in advance is advisable so that you have ample time to renew your Road Tax and car inspection if you need to.

You will be paying directly to the insurance companies that you decide to take up after giving you the comparison.

You can choose to renew it through Online Banking, AXS machine and Singapore Post Office.

Excess, also called deductible, is to the first amount of the claim which the insured has bear. If the insured has an excess of $500 and the total repair costs $3,000, then the insured has to pay $500 while the insurer pays the remaining $2,500.

By having a lower excess will result in paying higher for the premium. However, certain insurance companies will waive off your excess if you enjoy 40%-50% NCD. Therefore, it depends on the offering of the insurance companies, therefore, should seek for insurer who offer low excess but yet competitive premium.

The insurer normally imposes some excess as this would serve as a form of co-insurance. With an excess, the insured would tend to be more careful because if a claims occur, the insured also has to be out of pocket and contribute towards the claim. In general, the higher the excess, the more careful would be the insured and hence the lower risk of having a claim.

Your insurance policy is divided into many sections. Section 1 normally covers own damage claim. When you buy a Comprehensive motor insurance policy, you are covered for own damage, ie if your own vehicle is damaged, you can get the insurer to pay for the damage, whether or not you are at fault.

Thus, Excess: $500 (Section 1 only) means the excess applies to an own damage claim only. Take this scenario: If the insured hits another vehicle and his own vehicle's damage is $6,000 and the third party's damage is $8,000, then the excess of $500 shall only apply to his own damage, ie he pays $500 and the insurer pays $5,500 for his own damage of $6,000. For the third party claim, the insurer would pay the full amount of $8,000 .

Section 2 in the policy, on the other hand, deals with third party claims. So if there is an excess on Section 2 as well, it means if there is any third party claim payable this excess shall apply. Using the same example above, the insurer pays $500 and the insurer pays $5,500 for his own damage of $6,000. For the third party claim, the insured has to fork out also $500 while insurer would pay $7,500 for a claim of $8,000.

It means the total excess applicable for every accident. Using the same example above, the insured pays an excess $500 while the insurer pays $13,500 (the sum total of $6,000 and $8,000, less the excess of $500).

No. Such excess is not common. The insurer would normally impose such excess for special cases, e.g. when the vehicle is a high performance or luxury vehicle or when the insured's profile is not favourable.

If you have not made any claims for a year or more, you are entitled to a No-Claim Discount (NCD). The NCD reduces the policy premium for the following year. This is your insurer's way of recognising you for having been a careful driver. The following table shows how the NCD is set by all insurers across the industry.

Please check with your insurer whether NCD cover is available.

If the total repair costs incurred is likely to be lower than the current discounts/rebates on your premium (also known as No Claim Discount).

Refer to the following table to know how much discount on the premium you get to enjoy.

Most insurers in Singapore will allow you to keep your NCD should there be a break in ownership for up to 24 months. Some insurers set the timeframe at 12 months. You should contact your insurer for details.

When the sum insured does not include the COE, the general practice is for insurers to offer a 5% discount off the basic premium computed from the market value of the vehicles.

This is because the sum insured does not impact the premium pricing as much as the public might think. Most insurance claims are for repairs rather than total loss. Therefore, the weightage given to premium pricing for the COE component is correspondingly lower since the bulk for the premiums charged goes towards paying partial loss.

An insurance company considers many things when calculating an insurance premium. Most premiums are based on basic third party cover with the cost of extras added on. The main thing that will determine the cost of your insurance is what you actually want to be covered for. The following are always taken into account:

Before making any claims
Whether you are driving on a full or provisional licence makes a huge difference to the cost of your motor insurance premium. You can expect to pay hundreds more in extra, if you only have a provisional licence.

Size and age of car
The engine capacity and age of the car play a large part in determining the cost of your premium. The older the car, the more difficult it can be to insure. Many insurance companies believe that the older a car is, the more accident-prone it becomes. A new car is more expensive to replace than an old car and will cost more to insure. Likewise, the more powerful the car you drive, the more it will cost to insure.

Age of the driver
The young and the old represent high-risk categories and pay more for insurance.

Value of the car
The value of a car is taken into account for third party, fire and theft and for comprehensive insurance. What you have the car insured for, however, is not always what the insurance company will pay out in the event of a claim. In the event of the car being a write-off, the insurance company will only pay out what it feels the car is worth, which, more often than not, is less than the car is actually insured for. There is very little to gain by over-insuring a car and, equally, you should not under-insure it either.

Experience
All insurance companies will ask if you have ever had insurance in your own name before. If not, they will ask if you have ever driven under someone else's insurance without incident. This will be taken into account when calculating a premium. Insurance becomes less expensive with experience and a clean driving record.

Profession and use
Some professions are considered to be more at risk than others and will have a loading put onto their premium. What the car will actually be used for is also taken into account. A standard policy covers the vehicle for social, domestic and pleasure purposes, but not for the carriage of goods. If the car is being used for business, then a loading will apply. If the car is being used commercially, then an even higher loading will be imposed.

Excess and extras
Most insurance policies contain some type of an excess clause. This means that the policyholder is liable for an agreed amount towards the cost (e.g. the first $550). The premium will cost more if this clause is taken out. It pays to shop around, because what might be considered an extra in one company (windscreen breakage, car hire in the event of the car being off the road, loss of personal effects, etc.) could be standard in another.

No claims bonuses
A no claims bonus is built up over the years and gives the policyholder a substantial reduction in the cost of his or her premiums. The ceiling for a no claims bonus is usually 50%, leaving someone who has never had a claim without it affecting your no claims bonus.

The premium for your motor insurance policy is calculated using certain risk factors such as vehicle model, capacity, driver's age among other factors.

Market value of the vehicle is not a direct risk factor as it does not influence the claims received from third parties for property damage and injuries.

Further, the repair costs for motor vehicles has increased over the years. Hence, there is a need to increase the premium to ensure a sustainable business.

Insurance is based on the concept of pooling of risks. If the overall claims experience is bad, premiums will be increased across the board for all motorists irrespective of whether a claim is made or not. However, the premium increase borne by those with a clean driving record will be lower than those with accident claims because the latter will have an additional loading on the claim and thereby pay even more.

In Singapore, there are two types of motor insurance scheme. Authorised Workshop or Any Workshop. It is easy to understand that authorised workshop scheme has lower premium because the insurer has control of the repair cost. Most of the motor cars are covered under authorised scheme in Singapore. People usually opt for any workshop scheme because they have super model cars which can only be fixed in designated workshops.