Find The Best Car Insurance Quotes in Singapore
Protect your vehicle with the most competitive car insurance offers and enjoy additional rewards such as S$250 petrol voucher or up to 23% discount* from top insurers like FWD, Singlife, AIG, Etiqa, and many others when you buy today.
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FWD Comprehensive Car Insurance | |||
Best For: Drivers With 50% NCD
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🏆 Best in Market Promo
Lowest price anywhere - Best Deal Guarantee by SingSaver. |
Personal Accident
Choice of Workshop
24-Hr Roadside Assistance
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FWD Plans
Questions relating to this insurance?
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Etiqa (Tiq) Comprehensive Car Insurance | |||
Best For: Young Drivers & Low Mileage Drivers
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Use promo code TIQSINGSAVER to get 20% off and get up to S$310 cashback (fulfillment by Tiq). Valid till 30 April 2024. T&Cs apply.
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Personal Accident
Choice of Workshop
24-Hr Roadside Assistance
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ETIQA Plans
Questions relating to this insurance?
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Singtel Car Protect | |||
Best For: Affordable & Comprehensive Coverage
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🏆 Best in Market Promo Receive up to S$250 petrol vouchers with any plan purchased. Gift fulfilled by Singtel. Valid till 30 April 2024. T&C Apply.
Plus, receive SingSaver Exclusive Rewards when you apply now! ⬇️
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Personal Accident
Choice of Workshop
24-Hr Roadside Assistance
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Singtel Plans
Questions relating to this insurance?
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MSIG Motor Comprehensive | |||
Best For: Scope of Benefits
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Get up to S$120 e-vouchers (Fulfillment by MSIG) when you buy now! Valid till 6 May 2024. T&Cs apply.
Plus, receive SingSaver Exclusive Rewards when you apply now! ⬇️
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Personal Accident
Choice of Workshop
24-Hr Roadside Assistance
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MSIG Plans
Questions relating to this insurance?
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Allianz Motor Protect | |||
Best For: Courtesy Car & Post-accident Repair Works Guarantee
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Receive SingSaver Exclusive Rewards when you apply now! ⬇️ Lowest price anywhere - Best Deal Guarantee by SingSaver. |
Personal Accident
Choice of Workshop
24-Hr Roadside Assistance
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Allianz Plans
Questions relating to this insurance?
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AIG Car Insurance | |||
Best For: Protection From Collision
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🌟SingSaver Exclusive Promo Get the Best Price with SingSaver Exclusive Discount! Use promo code AIGSS5 to get 5% discount and S$128 PayNow (min premium $600). Receive $50 worth of Shell e-vouchers when you register AIG's On the Go app (Fullfilment by AIG). Valid till 30 April 2024. T&Cs apply.
Plus, receive SingSaver Exclusive Rewards when you apply now! ⬇️ Lowest price anywhere - Best Deal Guarantee by SingSaver
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Personal Accident
Choice of Workshop
24-Hr Roadside Assistance
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AIG Plans
Questions relating to this insurance?
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Singlife Car Insurance | |||
Best For: NSmen & Civil Servants, and Workshop Choices
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Enter promo code CAR23 to get 23% off (for new businesses and annual plan only) when you apply NOW! Valid till 30 April 2024. T&Cs Apply.
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Personal Accident
Choice of Workshop
24-Hr Roadside Assistance
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Singlife Plans
Questions relating to this insurance?
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HLAS Car Insurance | |||
Best For: Choice of Workshop & Car Servicing
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Enjoy 50% discount when you apply NOW! Valid till 30 June 2024. T&Cs apply.
Receive SingSaver Exclusive Rewards when you apply now! ⬇️ |
Personal Accident
Choice of Workshop
24-Hr Roadside Assistance
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HLAS Plans
Questions relating to this insurance?
Get an exact car insurance quote
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Get the best discounts and 1 year of petrol vouchers Enjoy up to 28% discount or $250 car petrol vouchers plus a *chance to win $500 worth of free parking when you buy today. |
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Car Insurance Plans based on your Car Model
- Claim Excess
- S$0 to S$2500 (adjustable)
- Personal Accident Coverage
- done S$30,000
- Choice of Workshop
- done Authorised Workshop
From S$ 784.45 /yr
Get Quote- Claim Excess
- S$500 to S$1500 (non-adjustable) Impacted by the CC
- Personal Accident Coverage
- done S$20,000
- Choice of Workshop
- done Authorised Workshop
- Claim Excess
- S$0 to S$2500 (adjustable)
- Personal Accident Coverage
- done S$50,000
- Choice of Workshop
- done Authorised Workshop
- Claim Excess
- S$0 to S$2500 (adjustable)
- Personal Accident Coverage
- done S$30,000
- Choice of Workshop
- done Authorised Workshop
- Claim Excess
- S$0 to S$2500 (adjustable)
- Personal Accident Coverage
- done S$50,000
- Choice of Workshop
- done Authorised Workshop
From S$ 784.45 /yr
Get Quote- Claim Excess
- S$500 to S$1500 (non-adjustable) Impacted by the CC
- Personal Accident Coverage
- done S$20,000
- Choice of Workshop
- done Authorised Workshop
- Claim Excess
- S$0 to S$2500 (adjustable)
- Personal Accident Coverage
- done S$30,000
- Choice of Workshop
- done Authorised Workshop
- Claim Excess
- S$0 to S$2500 (adjustable)
- Personal Accident Coverage
- done S$50,000
- Choice of Workshop
- done Authorised Workshop
From S$ 784.45 /yr
Get Quote- Claim Excess
- S$500 to S$1500 (non-adjustable) Impacted by the CC
- Personal Accident Coverage
- done S$20,000
- Choice of Workshop
- done Authorised Workshop
Top Car Insurance Plans for Your Electric Vehicle
Product |
Claim Excess |
Personal Accident Coverage |
Third Party Coverage |
Apply |
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FWD Classic
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S$0 to S$2500 (adjustable) | S$30,000 | S$ 5000000 |
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MSIG MotorMax Plus
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S$500 to S$1500 | S$100,000 | S$ 5000000 |
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Singlife Motor Lite
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S$300 to S$2500 (adjustable) | NA | S$ 5000000 |
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How are premiums calculated for Electric Vehicles?
In Singapore, insurance premiums for electric vehicles (EVs) are influenced by the vehicle's value, repair costs, battery coverage, the driver's risk profile, safety features, usage patterns, and government incentives.
EVs often have higher initial purchase prices and specialized repair needs, particularly concerning the battery, which can increase premiums.
However, factors like advanced safety features and incentives aimed at promoting EV adoption can offset some costs.
Top Car Insurance Plans For Cars That Have Multiple Drivers
Product |
Additional Excess for Young Drivers |
Authorised Drivers |
24hr Roadside Assistance |
Apply |
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MSIG MotorMax Plus
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S$3,000 for drivers under 27 | Any Driver |
Yes
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FWD Executive
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S$2,500 for drivers under 27 | Any Driver | Yes |
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FWD Prestige
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S$2,500 for drivers under 27 | Any Driver | Yes |
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Singlife Motor Prestige
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S$0 for young and inexperienced drivers | Any Drivers | Yes |
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Singtel CarProtect (Premium)
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S$2,500 for drivers under 26 | Any Driver | Yes |
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Singtel CarProtect (Essential)
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S$2,500 for drivers under 26 | Any Driver | Yes |
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Understanding Named and Unnamed Drivers: Who Gets Covered?
Most car insurance policies require any additional drivers to be named in the policy. These “Named Drivers’ receive full coverage when driving the insured vehicle. Doing so increases premiums, especially for young or inexperienced drivers who are deemed to be high risk.
“Unnamed Drivers”, who are not specifically listed in the policy, will only get lower insurance coverage and must pay a higher excess for damages or claims.
How to Compare Car Insurance policy?
When selecting a car insurance policy, it's essential to consider several factors to ensure you get the coverage that meets your needs. Here are some key things to look out for:
Coverage options
Understand the types of coverage offered by the policy, including liability, collision, comprehensive, uninsured/underinsured motorist and personal injury protection. Choose coverage that aligns with your needs and risk tolerance.
Deductibles
Evaluate the deductibles for each type of coverage. A higher deductible typically means lower premiums but requires you to pay more out of pocket in the event of a claim.
Policy Limits
Check the policy limits to ensure they provide adequate coverage for your vehicle and assets. Consider factors such as the value of your car, your financial situation and potential liability in case of an accident.
Policy Exclusions and Limitations
Read the policy carefully to understand any exclusions or limitations that may affect coverage, such as restrictions on driving other vehicles or coverage for specific types of damage.
Discounts
Look out for available discounts for factors such as safe driving, multiple policies, anti-theft devices, or bundling insurance with other products from the same provider. Taking advantage of discounts can help lower your premiums.Customer Reviews and Ratings
Take the time to research customer reviews and ratings for the insurance company. Positive reviews indicate a reliable insurer with good customer service.
Additional Benefits
Additional benefits or optional coverage may be offered by the policy, such as roadside assistance, rental car reimbursement or accident forgiveness. Assess whether these extras are worth the additional cost.
Claims Process
Understand the insurer's claim process, including how to file a claim, timeframes for resolution, and any requirements for documentation or evidence.
Premiums Cost
Compare premiums from different insurers while considering the level of coverage and benefits provided. The cheapest policy may not always offer the best value if it lacks essential coverage or has poor customer service.
Additional Benefits
Additional benefits or optional coverage may be offered by the policy, such as roadside assistance, rental car reimbursement or accident forgiveness. Assess whether these extras are worth the additional cost.
Claims Process
Understand the insurer's claim process, including how to file a claim, timeframes for resolution, and any requirements for documentation or evidence.
Premiums Cost
Compare premiums from different insurers while considering the level of coverage and benefits provided. The cheapest policy may not always offer the best value if it lacks essential coverage or has poor customer service.
By carefully evaluating these factors, you can choose a car insurance policy that provides adequate coverage and peace of mind on the road.
Flexible Excess Car Insurance: Coverage That You Can Choose
Product |
Claim Excess |
Personal Accident Coverage |
Third Party Coverage |
Apply |
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TIQ Comprehensive
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S$0 to S$2500 (adjustable) | S$50,000 | S$ 30000 |
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FWD Classic
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S$0 to S$2500 (adjustable) | S$30,000 | S$ 5000000 |
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Singlife Motor Lite
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S$300 to S$2500 (adjustable) | NA | S$ 5000000 |
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Allianz Motor Protect
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S$0 to S$2000 (adjustable) | S$50,000 | S$ 5000000 |
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HLAS Car Protect360
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S$0 to S$1500 (adjustable) | S$20,000 | S$ 5000000 |
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What is the Difference between 'Any' and 'Authorised' Workshops?
Authorised Workshops are pre-approved by the insurer and generally more cost-effective due to agreements with the workshops for affordable services.
Choosing any workshop may cost more as the insurer cannot control pricing. For owners of older vehicles who are less concerned about repair locations, an authorised workshop is often more economical. Check if the insurer's authorised workshops are conveniently located to avoid unnecessary travel for repairs.
What is NCD in Car Insurance?
No Claim Discount (NCD) is a reward for safe driving habits. NCD serves to decrease the premium for subsequent policy renewals, incentivising careful driving behaviour. Below is a table illustrating how NCD is calculated by most insurers in the industry for Private Car policies.
Number of Accident-Free Years |
Percentage of NCD Awarded |
One year |
10% |
Two consecutive years |
20% |
Three consecutive years |
30% |
Four consecutive years |
40% |
Five or more consecutive years |
50% |
Essential Car Insurance Picks for Emergencies
Product |
Personal Accident Coverage |
Choice of Workshop |
Towing |
Courtesy Car |
24 hr Roadside Assistance |
Apply |
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MSIG MotorMax Plus
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S$100,000 | Any Workshop | Up to S$ 500 | Yes | Yes |
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Singlife Motor Standard
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S$50,000 | Any Workshop Excess halved if repaired at Authorised Workshop | Included | Yes | Yes |
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Singlife Motor Prestige
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S$100,000 | Any Workshop | Included | Yes | Yes |
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Singtel CarProtect (Premium)
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S$120,000 | Any Workshop | Up to S$ 300 | Yes | Yes |
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HLAS Car Protect360
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S$20,000 | Any Workshop Excess halved if repaired at Authorised Workshop | Included | Yes | Yes |
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Types of Coverage
Car insurance policies typically offer a variety of coverages to protect you and your vehicle from various risks. Some common types of coverages include:
Liability Coverage
This covers bodily injury and property damage that you may cause to others in an accident where you are at fault. It typically includes both bodily injury liability and property damage liability.
Collision Coverage
This covers damage to your own vehicle in the event of a collision with another vehicle or object, regardless of fault.
Comprehensive Coverage
This covers damage to your vehicle from non-collision incidents such as theft, vandalism, fire, falling objects or natural disasters.
Uninsured/Underinsured Motorist Coverage
This covers you if you are involved in an accident with a driver who doesn't have insurance (uninsured) or doesn't have enough insurance to cover the damages (underinsured).
Personal Injury Protection or Medical Payments Coverage
This covers medical expenses for you and your passengers if injured in an accident, regardless of fault.
Rental Reimbursement Coverage
This covers the cost of renting a vehicle while your car is being repaired due to a covered claim.
Roadside Assistance/Towing Coverage
This covers the cost of towing your vehicle to a repair shop or providing other roadside assistance such as tire changes, jump starts or fuel delivery.
The specific coverages and limits offered can vary depending on the insurance company and the policy you choose. It's important to review your policy carefully and consider your individual needs when selecting coverages.
Best Car Insurance for Different Workshop Options
Product |
Choice of Workshop |
Towing |
Courtesy Car |
24 hr Roadside Assistance |
Apply |
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FWD Executive
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Authorised Workshop | Up to S$ 400 | Yes | Yes |
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Singlife Motor Prestige
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Any Workshop | Included | Yes | Yes |
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Singtel CarProtect (Premium)
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Any Workshop | Up to S$ 300 | Yes | Yes |
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Unsure How to Renew Your Car Insurance? Here's How
When renewing your car insurance, consider purchasing from one of the motor insurance companies listed on this page.
Insurance premiums vary based on factors such as the vehicle's condition and the specific insurance scheme. Be sure to inform your insurance provider if you've changed your vehicle's scheme, altered its purpose or made modifications. Keeping this information updated ensures accurate coverage for your vehicle.
1. Check for Road Tax Renewal
Before renewing your road tax, ensure your car insurance duration aligns with or extends beyond your road tax period. This is crucial, especially when buying a second-hand car, as the previous owner's insurance may have lapsed. Review and adjust your insurance to avoid any road tax renewal issues.
2. Select the Right Insurance Package
Choose the appropriate car insurance package for your needs. Consider factors like car age and usage to decide which plan best suits your needs and budget, balancing the cost with the level of protection. Make sure you shop around to find the cheapest car insurance quotes.
3. Understand Workshop Options
Check whether your insurance plan limits you to certain workshops or allows freedom of choice. While premium plans often offer the flexibility to choose your workshop, assess if the extra cost is justified for your needs. This can help avoid unpleasant surprises during repair claims.
4. Know Your Excess Amount
Examine your policy's excess, particularly for windscreen repairs and for young or inexperienced drivers. Excess is the amount you pay out of pocket in a claim, which can vary significantly. Understanding this can help you anticipate potential costs in the event of an accident or damage.
5. Consider NCD Protector
Look into adding an NCD (No-Claims Discount) Protector to your policy. This feature can safeguard your NCD in the event of a claim, preventing a significant increase in your subsequent premium. It's a valuable tool, especially for drivers with a clean accident record, helping maintain lower insurance costs over time.
Car Insurance Updates and Articles
Our articles will get you up to speed in no time!
Is car insurance mandatory in Singapore?
Yes, if you purchase a car in Singapore, you'll need a car insurance plan for it. Your vehicle has to be insured for the entire road tax renewal period before its road tax can be renewed. The policy must at least cover third-party liability for deaths and bodily injury.
What must I look out for when purchasing and comparing car insurance?
Coverage — there are 3 different types of car insurance offered in Singapore depending on how much coverage you want for your car: Third Party Only (TPO), Third Party, Fire and Theft (TPFT), and Comprehensive plans. Find a plan that is able to meet your coverage needs and budget.
Premiums — the premiums are affected by your driver profile, driving experience, make and model of your car, claim history, excess and coverage amount. Do ensure you shop around to find the lowest premiums!
Excess - check how much excess you'll need to pay out-of-pocket in the event of an accident. Ensure it's an amount your comfortable with paying!
What is the average cost of car insurance in Singapore?
On average, the cost for annual car insurance premiums usually falls between S$700 and S$1,000.
This range is reflective of the typical market rates in Singapore. It is a good baseline to consider when budgeting for your car insurance each year.
How can I purchase car insurance in Singapore?
Deciding whether to buy car insurance directly from an insurer or through a broker comes down to personal preference.
If you prefer to auto-renew, buying directly from your existing insurer or agent will allow you to do that. However, it limits you from understanding what are the other insurance provider plans and deals out there.
This is where we can help. Our car insurance comparison tool can help you find, compare and evaluate the best plan that fits your needs, plus offer unique deals and rewards that you cannot find elsewhere.
We even provide customer support to help with your paperwork, especially if you're switching insurance providers.
Which car insurance is the best and cheapest?
There is no one-size-fits-all car insurance plan, as every driver has their own needs in terms of coverage preference and budget they're willing to pay. It's always best to look around for the plan that is best tailored to your needs, and one that offers affordable premiums.
What car insurance is best for new drivers?
Premiums and excess are usually a lot higher for new or young drivers. You also don’t enjoy the cost savings of NCD just yet. If you’re new to driving, it’s best to get a comprehensive plan that covers all possible damages in the event of an accident within your budget.
What is Usage-Based Car Insurance (UBI)?
Usage-Based Insurance (UBI) calculates your car insurance premium based on the actual distance you drive.
This is tracked through a device in your car or by submitting photos of your odometer reading. It's a privacy-friendly option that can lead to savings, especially for less frequent drivers.
How do I file a car insurance claim?
Filing a car insurance claim typically involves a few key steps including: -
- If safe, keep your car stationary after an accident.
- Immediately contact your insurer's assistance hotline
- Take detailed photos of the accident scene.
- Exchange contact information with the other driver involved.
- Have your car repaired at an approved workshop
What happens when I cancel my car insurance?
Cancelling your car insurance policy can vary based on your insurer's terms. Typically, if you cancel before renewal, you might only get about 70% of the unused premium back, with the insurer retaining around 30%.
It's often better to wait until renewal time to switch insurers penalty-free. Additionally, be aware that insurers can also choose to cancel your policy, sometimes without a refund, in cases of suspected fraud or illegal modifications.
How do I renew my car insurance?
Renewing your car insurance in Singapore is a simple process. Here are the steps you need to take:
1. Gather Documents
Gather the documents required by your insurance policy provider. These documents may include your vehicle registration details, driver's licence, and other relevant documents.
2. Obtain a Car Insurance Renewal Quotation
Contact your insurance provider to obtain a car insurance renewal quotation. The insurer will then provide you with a renewal quotation based on your current policy and payment history.
3. Compare Quotes
Compare the different car insurance renewal quotations from multiple providers and select the best one for you.
4. Payment
Make the payment for your car insurance renewal. Depending on the policy, you may be able to pay using cash, cheque, or credit card.
5. Processing Time
Once the payment is made, your car insurance renewal will be processed and the policy will be updated.
6. Completion
Your car insurance policy documents will be sent to you via email or post.
With these steps, you can easily renew your car insurance in Singapore and keep your vehicle protected.
Must I include my children who has just gotten their driving licence as named drivers?
It is not mandatory for you to add your children as named drivers under your car insurance.
Adding a young and inexperienced driver as a named driver will incur higher insurance premiums as he is deemed as a ‘high-risk driver’ in the insurer’s eyes, and is more likely to get into an accident compared to an experienced driver.
Though adding him would mean higher premium prices, it is highly recommended that you include him anyway because unnamed drivers in an accident will result in a higher excess.
Ultimately, it is up to you to weigh your options and decide which is more worth it.
How to report car accidents?
When involved in a car accident, prioritize safety by ensuring everyone's well-being and moving vehicles to a safe location. Contact emergency services if there are injuries. Assess the situation, exchanging information with other parties involved and collecting details from witnesses. Notify the police, even for minor accidents, and document the scene thoroughly with photos. Contact your insurance company promptly, providing all necessary details. Seek medical attention for any injuries, even with minor ones. Follow up with authorities, insurance and healthcare providers to ensure proper documentation and resolution of the incident.
How to handle Hit and Run situations?
Handling a hit and run situation requires prompt and appropriate action. First, ensure your safety and that of any passengers by moving to a safe location. Take note of the fleeing vehicle's make, model, color and license plate number if you can safely do so. Immediately call emergency services to report the incident, providing them with as much detail as possible. If there are witnesses, ask for their contact information. Document the scene by taking photos of the damage to your vehicle and any surrounding evidence. Notify your insurance company of the incident as soon as possible, providing them with the information you've gathered. While waiting for authorities to arrive, refrain from confronting the fleeing driver if they return or attempting to follow them, as this can escalate the situation and compromise your safety. Cooperate fully with law enforcement during their investigation by providing them with any evidence or information you have.
How to report car accidents?
When involved in a car accident, prioritize safety by ensuring everyone's well-being and moving vehicles to a safe location. Contact emergency services if there are injuries. Assess the situation, exchanging information with other parties involved and collecting details from witnesses. Notify the police, even for minor accidents, and document the scene thoroughly with photos. Contact your insurance company promptly, providing all necessary details. Seek medical attention for any injuries, even with minor ones. Follow up with authorities, insurance and healthcare providers to ensure proper documentation and resolution of the incident.
How to handle Hit and Run situations?
Handling a hit and run situation requires prompt and appropriate action. First, ensure your safety and that of any passengers by moving to a safe location. Take note of the fleeing vehicle's make, model, colour and license plate number if you can safely do so. Immediately call emergency services to report the incident, providing them with as much detail as possible. If there are witnesses, ask for their contact information. Document the scene by taking photos of the damage to your vehicle and any surrounding evidence. Notify your insurance company of the incident as soon as possible, providing them with the information you've gathered. While waiting for authorities to arrive, refrain from confronting the fleeing driver if they return or attempting to follow them, as this can escalate the situation and compromise your safety. Cooperate fully with law enforcement during their investigation by providing them with any evidence or information you have.