Find The Best Car Insurance Quotes 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.

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!

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.

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. 

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.