Compare the Cheapest Car Insurance Plans in Singapore

To find the cheapest car policy plans, we compared premiums for a driver of a 2020 Toyota Corolla Altis from all the car insurers available in Singapore. By changing variables, such as gender, years of driving experience, NCD discounts and car types, we were able to find which cable car insurers offer the most competitive prices for unlike types of drivers. While some prioritize keeping their premiums american samoa low as potential by providing basic coverage, others balance low-cost prices with comprehensive benefits .
This graph shows the cheapest car insurance premiums in Singapore

Cheapest Car Insurance: Budget Direct Comprehensive

PROMO : Get S $ 100** if your stream renewal agio is cheaper than Budget Direct quote even if you do n’t buy
Budget Direct Comprehensive

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you want the cheapest car indemnity possible
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  • Third Party Damage Coverage
    • S$5,000,000
    • Workshop Type
      • Authorised
      • Coverage for Loss/Damage to Vehicle
        • 100% of Market Value
        Benefit Limit Extra Cost Excess
        Windscreen/Window Damage Unlimited N/A S$100
        Personal Accident (Main Driver) S$20,000 S$32.10 N/A
        Medical Coverage S$500 S$21.40 N/A
        Towing S$200 N/A N/A
        Temporary Transport S$50/day S$64.20 N/A
        Young Driver Excess S$500
        Inexperienced Driver Excess S$500

        Budget Direct ‘s Comprehensive car indemnity plan is the best option for sedan and SUV owners who require basic protection and want to pay a short as possible .
        Budget ‘s plan is one of cheap available, with a typical car policy quote averaging 48-54 % cheaper than the average comprehensive plan for sedan and SUV drivers, regardless of no claim discount ( NCD ). however, this price cut comes at a cost. Budget Direct ‘s checkup, personal accident and roadside aid coverage comes at an extra monetary value. however, the nucleotide agio is abject enough that drivers can choose the coverage that matters to them and however pay super moo prices .
        Budget Direct has two options to choose from if you need to insure multiple drivers. The Named Driver plan covers the main driver and the named drivers you add to your plan. The Authorised Driver plan costs 15 % more than the Named Driver design but will cover anyone who you let drive your car. Due to the abject prices, the authorized plan still remains competitively priced choice for drivers who lend out their car much. Budget Direct ‘s broken named young and inexperienced driver surfeit of S $ 500 each besides makes it a great choice for parents who want to insure their younger drivers. PROMO : Get S $ 100** if your current reclamation premium is cheaper than Budget Direct quote flush if you do n’t buy


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        you want the cheapest cable car policy possible
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        • Third Party Damage Coverage
          • S$5,000,000
          • Workshop Type
            • Authorised
            • Coverage for Loss/Damage to Vehicle
              • 100% of Market Value
              Benefit Limit Extra Cost Excess
              Windscreen/Window Damage Unlimited N/A S$100
              Personal Accident (Main Driver) S$20,000 S$32.10 N/A
              Medical Coverage S$500 S$21.40 N/A
              Towing S$200 N/A N/A
              Temporary Transport S$50/day S$64.20 N/A
              Young Driver Excess S$500
              Inexperienced Driver Excess S$500

              Budget Direct ‘s Comprehensive car indemnity plan is the best option for sedan and SUV owners who require basic protection and want to pay equally little as possible .
              Budget ‘s design is one of cheap available, with a typical cable car insurance quotation averaging 48-54 % cheaper than the average comprehensive examination plan for sedan and SUV drivers, careless of no claim deduction ( NCD ). however this price cut comes at a cost. Budget Direct ‘s aesculapian, personal accident and roadside aid coverage comes at an extra monetary value. however, the basis agio is low adequate that drivers can choose the coverage that matters to them and still pay reduced prices .
              Budget Direct has two options to choose from if you need to insure multiple drivers. The Named Driver plan covers the chief driver and the named drivers you add to your plan. The Authorised Driver plan costs 15 % more than the Named Driver design but will cover anyone who you let drive your car. Due to the broken prices, the authorized plan even a remains competitively priced option for drivers who lend out their cable car often. Budget Direct ‘s low named young and inexperienced driver surfeit of S $ 500 each besides makes it a bang-up option for parents who want to insure their younger drivers .

              Flexible Coverage & Lifetime Repair Guarantee: Allianz Motor Protect

              20 % off first year bounty with promo code ‘ [ electronic mail protected ] Allianz Motor Protect

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              Consider this if
              you want a highly compromising plan with optional covers
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              • Third Party Damage Coverage
                • S$5,000,000
                • Workshop Type
                  • Any
                  • Coverage for Loss/Damage to Vehicle
                    • 100% of Market Value
                    Features Comprehensive Third-party, fire and theft Third-party only
                    Accidental Loss/Damage (by fire & theft only) Market Value Market Value N/A
                    Accidental Loss/Damage (by accident or theft) Market Value N/A N/A
                    3rd Party Liability (Death) Unlimited Unlimited Unlimited
                    3rd Party Liability (Damage) Up to S$5 million Up to S$5 million Up to S$5 million
                    Windscreen (S$100 excess per claim) Market Value N/A N/A
                    24/7 roadside assistance Included N/A N/A
                    Young Driver Excess (above 27, with more than 1 year’s driving experience) S$500 S$500 S$500

                    While Allianz Motor Protect is not the most full-bodied motor insurance plan out there, you will find that it covers common scenarios that you are likely to face. Best of all, its odd premiums make it an low-cost choice for an average driver — which are way below the average cost of a comprehensive examination car policy design in Singapore. With Allianz Motor Protect, you will get sufficient coverage without paying for unnecessary features that may lone be situationally useful .
                    core features of Allianz Motor Protect include coverage for third-party property damage, third-party death or injury, car loss or damages, windshield rectify and tow. Another stand-out feature of speech is its low nameless driver excess. At equitable S $ 500, you enjoy a abject nameless driver ‘s overindulgence pace. The only caveat is that the driver has to be above 27 years previous with more than one class of driving experience. If these conditions are unfulfilled, the nameless driver ‘s excess rate is S $ 2,500 .
                    furthermore, Allianz Motor guarantees accident repairs for a life. Own a top-end luxury car ? You might not be comfortable repairing your fomite at an authoritative workshop. With Allianz Motor Protect ‘s comprehensive design, you can fix your vehicle after an accident at any workshop of your choice. 20 % off first class premium with promo code ‘ [ e-mail protected ]

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                    Consider this if
                    you want a highly flexible plan with optional covers
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                    • Third Party Damage Coverage
                      • S$5,000,000
                      • Workshop Type
                        • Any
                        • Coverage for Loss/Damage to Vehicle
                          • 100% of Market Value
                          Features Comprehensive Third-party, fire and theft Third-party only
                          Accidental Loss/Damage (by fire & theft only) Market Value Market Value N/A
                          Accidental Loss/Damage (by accident or theft) Market Value N/A N/A
                          3rd Party Liability (Death) Unlimited Unlimited Unlimited
                          3rd Party Liability (Damage) Up to S$5 million Up to S$5 million Up to S$5 million
                          Windscreen (S$100 excess per claim) Market Value N/A N/A
                          24/7 roadside assistance Included N/A N/A
                          Young Driver Excess (above 27, with more than 1 year’s driving experience) S$500 S$500 S$500

                          While Allianz Motor Protect is not the most full-bodied drive policy plan out there, you will find that it covers coarse scenarios that you are probable to face. Best of all, its matchless premiums make it an low-cost choice for an average driver — which are way below the average price of a comprehensive car insurance plan in Singapore. With Allianz Motor Protect, you will get sufficient coverage without paying for unnecessary features that may only be situationally utilitarian .
                          core features of Allianz Motor Protect include coverage for third-party property damage, third-party end or wound, car personnel casualty or damages, windshield rectify and tow. Another stand-out feature of speech is its low nameless driver excess. At just S $ 500, you enjoy a depleted nameless driver ‘s excess rate. The only caveat is that the driver has to be above 27 years old with more than one class of driving experience. If these conditions are unfulfilled, the nameless driver ‘s excess rate is S $ 2,500 .
                          furthermore, Allianz Motor guarantees accident repairs for a life. Own a top-end luxury car ? You might not be comfortable repairing your vehicle at an authorized workshop. With Allianz Motor Protect ‘s comprehensive plan, you can fix your fomite after an accident at any workshop of your choice .

                          Best Value Car Insurance: FWD Classic

                          Use promo code FWDCAR for up to 25 % off
                          FWD Classic

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                          Consider this if
                          you want capital measure auspices for your whole family or drive an sport utility
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                          • Third Party Damage Coverage
                            • S$5,000,000
                            • Workshop Type
                              • Authorised
                              • Coverage for Loss/Damage to Vehicle
                                • 100% of Market Value
                                Benefit Limit Excess
                                Windscreen/Window Damage Unlimited S$100
                                Personal Accident (Main Driver) S$30,000 N/A
                                Personal Accident (Passenger) S$10,000 N/A
                                Medical S$1,000 N/A
                                Towing S$300 N/A
                                Temporary Transport S$40/day N/A
                                Car Accessories S$500 N/A
                                YIDR Excess S$2,500

                                For families who want a well-balanced even budget-friendly cable car insurance plan, FWD Classic is 10-20 % cheaper than average for sedan drivers and 6 % below average for SUV drivers, regardless of citizenship. The plan ‘s coverage features high personal accident, checkup and car successor benefits, ball payments for surviving children and adjustable excess options for young drivers .
                                FWD cable car policy has a few luminary benefits. First, it is the merely insurance company to offer a Lifetime NCD benefit when you reach 50 % NCD, which lets you keep your no claim deduction even when you file a claim. It besides offers wayside aid for accident and non-accident reasons ( such as jumpstart your car ). last, FWD pays up to the commercialize respect of your cable car in the event of an accident. It besides pays for its parts, fitting the parts and transporting the parts to Singapore if the accident were to happen in other countries. The recent addition of flood coverage and the ability to add named drivers at no extra price ( after the first one ) makes FWD an insurance company that provides generous coverage for closely invincible prices. Use promo code FWDCAR for up to 25 % off


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                                you want great value auspices for your hale family or drive an sport utility
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                                • Third Party Damage Coverage
                                  • S$5,000,000
                                  • Workshop Type
                                    • Authorised
                                    • Coverage for Loss/Damage to Vehicle
                                      • 100% of Market Value
                                      Benefit Limit Excess
                                      Windscreen/Window Damage Unlimited S$100
                                      Personal Accident (Main Driver) S$30,000 N/A
                                      Personal Accident (Passenger) S$10,000 N/A
                                      Medical S$1,000 N/A
                                      Towing S$300 N/A
                                      Temporary Transport S$40/day N/A
                                      Car Accessories S$500 N/A
                                      YIDR Excess S$2,500

                                      For families who want a well-balanced yet budget-friendly car indemnity plan, FWD Classic is 10-20 % cheaper than average for sedan drivers and 6 % below average for SUV drivers, careless of citizenship. The plan ‘s coverage features high personal accident, medical and car substitute benefits, lump payments for surviving children and adjustable excess options for young drivers .
                                      FWD cable car indemnity has a few luminary benefits. First, it is the only insurance company to offer a Lifetime NCD benefit when you reach 50 % NCD, which lets you keep your no claim discount even when you file a claim. It besides offers wayside aid for accident and non-accident reasons ( such as jumpstart your cable car ). last, FWD pays up to the market measure of your car in the consequence of an accident. It besides pays for its parts, fitting the parts and transporting the parts to Singapore if the accident were to happen in other countries. The recent summation of flood coverage and the ability to add named drivers at no extra cost ( after the first matchless ) makes FWD an insurance company that provides generous coverage for about invincible prices.

                                      Cheapest Car Insurance for Young Drivers: Aviva Lite

                                      Aviva Prestige

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                                      you are a young driver between the ages of 25-30 or have a distribute of car accessories
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                                      • Third Party Damage Coverage
                                        • S$5,000,000
                                        • Workshop Type
                                          • Any
                                          • Coverage for Loss/Damage to Vehicle
                                            • 100% of Market Value
                                            Benefit Limit Extra Cost Excess
                                            Windscreen/Window Damage Unlimited @ authorised repairer N/A S$100
                                            Personal Accident (Main Driver) S$100,000 S$53.50 N/A
                                            Personal Accident (Passenger) S$100,000 S$53.50 N/A
                                            Medical S$500 N/A N/A
                                            Towing Unlimited N/A N/A
                                            Car Accessories Unlimited N/A N/A
                                            YIDR Excess N/A N/A S$2,500

                                            For drivers aged 25-30 who want a bum car insurance policy with great coverage for their belongings and cable car accessories, Aviva ‘s Lite plan can be a bang-up option. It costs about 30 % less than average for the aforesaid historic period bracket, making it one of the cheapest plans on the market for young drivers, even with the S $ 2,500 young/inexperienced driver overindulgence. MINDEF/MHA customers may see the greatest savings with this insurance company, since Aviva offers an extra 15 % off on acme of current promotions. For more savings, you can opt for Aviva ‘s 2 year plan that allows you to lock in a price at a 5 % discount .
                                            Aviva ‘s child induct and outright car accessory ( e.g. satellite seafaring, radar detection ) coverage is certain to impress drivers of accessory-laden cars. Aviva besides covers damage from lifelike disasters and offers coverage for sunroof, moon-roofs and other glass installations on your car. While other insurers charge extra for these benefits, Aviva includes them as part of their effect plan, making Aviva attractive for those who want a bum design without sacrificing coverage. If you want to customise your coverage, there is besides optional coverage for loss of keys, loss of use ( successor car ) and extra personal accident security .

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                                            you are a young driver between the ages of 25-30 or have a lot of cable car accessories
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                                            • Third Party Damage Coverage
                                              • S$5,000,000
                                              • Workshop Type
                                                • Any
                                                • Coverage for Loss/Damage to Vehicle
                                                  • 100% of Market Value
                                                  Benefit Limit Extra Cost Excess
                                                  Windscreen/Window Damage Unlimited @ authorised repairer N/A S$100
                                                  Personal Accident (Main Driver) S$100,000 S$53.50 N/A
                                                  Personal Accident (Passenger) S$100,000 S$53.50 N/A
                                                  Medical S$500 N/A N/A
                                                  Towing Unlimited N/A N/A
                                                  Car Accessories Unlimited N/A N/A
                                                  YIDR Excess N/A N/A S$2,500

                                                  For drivers aged 25-30 who want a brassy car insurance policy with bang-up coverage for their belongings and cable car accessories, Aviva ‘s Lite plan can be a big option. It costs around 30 % less than average for the aforesaid age bracket, making it one of the cheapest plans on the market for young drivers, even with the S $ 2,500 young/inexperienced driver surfeit. MINDEF/MHA customers may see the greatest savings with this insurance company, since Aviva offers an extra 15 % off on peak of current promotions. For more savings, you can opt for Aviva ‘s 2 year design that allows you to lock in a price at a 5 % discount .
                                                  Aviva ‘s child seat and inexhaustible car accessory ( e.g. satellite navigation, radar detection ) coverage is sure to impress drivers of accessory-laden cars. Aviva besides covers damage from lifelike disasters and offers coverage for sunroof, moon-roofs and early glass installations on your cable car. While early insurers charge extra for these benefits, Aviva includes them as part of their core design, making Aviva attractive for those who want a brassy plan without sacrificing coverage. If you want to customise your coverage, there is besides optional coverage for passing of keys, loss of use ( refilling car ) and extra personal accident security .

                                                  Best Car Insurance Promotion: Etiqa Comprehensive

                                                  Etiqa Comprehensive

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                                                  you want exorbitant promotional discounts on your cable car policy
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                                                  • Third Party Damage Coverage
                                                    • Unlimited
                                                    • Workshop Type
                                                      • Authorised
                                                      • Coverage for Loss/Damage to Vehicle
                                                        • 100% of Market Value
                                                        Benefit Limit Extra Cost Excess
                                                        Windscreen/Window Damage Unlimited N/A S$100
                                                        Personal Accident (Main Driver) S$50,000 N/A N/A
                                                        Medical S$1,000 N/A N/A
                                                        Towing S$200 N/A N/A
                                                        Temporary Transport S$50/day N/A N/A
                                                        Car Accessories S$2,000 S$85.60 for sun/moon roofs N/A
                                                        S$1,000 S$21.40 for solar film
                                                        YIDR Excess N/A N/A S$2,000

                                                        Experienced married drivers who can take full advantage of all of Etiqa ‘s promotions at once can save up to 25 % on their cable car policy agio, resulting in car indemnity premiums that are 4-5 % lower than the average comprehensive plan for sedan drivers. Etiqa offers solid coverage including personal accident and checkup coverage, towing expenses and loss of consumption benefits ( if your car is at the workshop after an accident ). For an extra tip, you can besides protect your sun/moon roof or solar movie .
                                                        This plan is best for older, experienced drivers for a few reasons. First, Etiqa has a costly young/inexperienced driver overindulgence of S $ 2,000. furthermore, its premiums are not as competitive for drivers with a moo or nonexistent No Claim Discount or young drivers. last, because it lacks accident coverage for your passengers, it may not be ideal for drivers who lack have navigating Singapore ‘s potentially hazardous roads .
                                                        If you want to take fully advantage of Etiqa ‘s promotions, you should try buying Etiqa ‘s insurance on Fridays as they have an extra 5 % off every Friday. safe drivers will besides benefit from an extra 5 % demerit discount, which may increase the jiggle room to add an addition that you find valuable .

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                                                        you want steep promotional discounts on your cable car insurance
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                                                        • Third Party Damage Coverage
                                                          • Unlimited
                                                          • Workshop Type
                                                            • Authorised
                                                            • Coverage for Loss/Damage to Vehicle
                                                              • 100% of Market Value
                                                              Benefit Limit Extra Cost Excess
                                                              Windscreen/Window Damage Unlimited N/A S$100
                                                              Personal Accident (Main Driver) S$50,000 N/A N/A
                                                              Medical S$1,000 N/A N/A
                                                              Towing S$200 N/A N/A
                                                              Temporary Transport S$50/day N/A N/A
                                                              Car Accessories S$2,000 S$85.60 for sun/moon roofs N/A
                                                              S$1,000 S$21.40 for solar film
                                                              YIDR Excess S$2,000

                                                              Experienced married drivers who can take full advantage of all of Etiqa ‘s promotions at once can save up to 25 % on their cable car indemnity bounty, resulting in cable car policy premiums that are 4-5 % lower than the average comprehensive examination plan for sedan drivers. Etiqa offers firm coverage including personal accident and checkup coverage, towing expenses and loss of use benefits ( if your car is at the workshop after an accident ). For an extra tip, you can besides protect your sun/moon roof or solar movie .
                                                              This plan is best for older, experienced drivers for a few reasons. First, Etiqa has a costly young/inexperienced driver excess of S $ 2,000. furthermore, its premiums are not as competitive for drivers with a gloomy or nonexistent No Claim Discount or young drivers. last, because it lacks accident coverage for your passengers, it may not be ideal for drivers who lack experience navigating Singapore ‘s potentially bad roads .
                                                              If you want to take full advantage of Etiqa ‘s promotions, you should try buying Etiqa ‘s policy on Fridays as they have an extra 5 % off every Friday. condom drivers will besides benefit from an extra 5 % demerit rebate, which may increase the wiggle room to add an accessory that you find valuable .

                                                              Most Comprehensive Car Insurance

                                                              If you want the most comprehensive examination and generous car indemnity design, we found the insurers featured below to offer the best coverage for sedans. These insurers offer top-tier plans focusing on delivering excellent coverage with batch of alone benefits and features .

                                                              Best All-Around Coverage: FWD Prestige

                                                              Use promo code FWDCAR for up to 25 % off FWD Car Insurance Plans


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                                                              you want to maximise coverage
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                                                              • Third Party Damage Coverage
                                                                • S$5,000,000
                                                                • Workshop Type
                                                                  • Authorised
                                                                  • Coverage for Loss/Damage to Vehicle
                                                                    • 100% of Market Value
                                                                    Benefit Limit Excess
                                                                    Windscreen/Window Damage Unlmtd S$100
                                                                    Personal Accident (Main Driver) S$75,000 N/A
                                                                    Personal Accident (Named Drivers) S$25,000 N/A
                                                                    Medical S$5,000 N/A
                                                                    Towing S$500 N/A
                                                                    Personal Belongings S$2,000 N/A
                                                                    Car Accessories S$2,000 N/A
                                                                    YIDR Excess S$2,500

                                                                    For feeder families who want convenient accident report and belongings coverage, FWD ‘s Prestige plan can deliver above average coverage for towing, disability, medical and personal accident coverage .
                                                                    FWD Prestige besides offers a courtesy cable car for up to three months and S $ 2,000 of coverage covers for personal belongings and car accessories if your vehicle gets stolen. additionally, once you receive a 50 % NCD, you are guaranteed to keep it for vitamin a hanker as you stay with FWD, careless of claims .
                                                                    Some smaller perks include emergency wayside aid, $ 80 per resident taxi coverage after an accident, payment for your children in the event of a catastrophic car accident and legal costs coverage for damaged caused by your car. What makes this plan even better is its 20 % cheaper-than-average agio for sedans and 15 % cheaper-than-average premium for SUVs. Use promo code FWDCAR for up to 25 % off FWD Car Insurance Plans


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                                                                    • Third Party Damage Coverage
                                                                      • S$5,000,000
                                                                      • Workshop Type
                                                                        • Authorised
                                                                        • Coverage for Loss/Damage to Vehicle
                                                                          • 100% of Market Value
                                                                          Benefit Limit Excess
                                                                          Windscreen/Window Damage Unlmtd S$100
                                                                          Personal Accident (Main Driver) S$75,000 N/A
                                                                          Personal Accident (Named Drivers) S$25,000 N/A
                                                                          Medical S$5,000 N/A
                                                                          Towing S$500 N/A
                                                                          Personal Belongings S$2,000 N/A
                                                                          Car Accessories S$2,000 N/A
                                                                          YIDR Excess S$2,500

                                                                          For affluent families who want commodious accident report and belongings coverage, FWD ‘s Prestige plan can deliver above average coverage for towing, disability, medical and personal accident coverage .
                                                                          FWD Prestige besides offers a courtesy car for up to three months and S $ 2,000 of coverage covers for personal belongings and cable car accessories if your vehicle gets stolen. additionally, once you receive a 50 % NCD, you are guaranteed to keep it for vitamin a farseeing as you stay with FWD, careless of claims .
                                                                          Some smaller perks include hand brake wayside aid, $ 80 per resident taxi coverage after an accident, requital for your children in the event of a catastrophic cable car accident and legal costs coverage for damaged caused by your car. What makes this plan even better is its 20 % cheaper-than-average premium for sedans and 15 % cheaper-than-average premium for SUVs .

                                                                          Highest Coverage for Families: Aviva Prestige


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                                                                          • Third Party Damage Coverage
                                                                            • S$5,000,000
                                                                            • Workshop Type
                                                                              • Any
                                                                              • Coverage for Loss/Damage to Vehicle
                                                                                • 100% of Market Value
                                                                                Benefit Limit Excess
                                                                                Windscreen/Window Damage Unlimited @ authorised repairer S$100
                                                                                Personal Accident (Main Driver) S$20,000 N/A
                                                                                Personal Accident (Passenger) S$20,000 N/A
                                                                                Medical S$1,000 N/A
                                                                                Towing Unlimited N/A
                                                                                Car Accessories S$500 N/A
                                                                                YIDR Excess S$2,500 (waivable)

                                                                                Aviva Prestige is the best car indemnity for families, specially those who have just bought a car and want maximal peace of mind benefits. Its prices are quite low-cost — costing 10-15 % below modal for marry drivers in addition to a young/inexperienced driver ( YIDR ) overindulgence release .
                                                                                The lack of a YIDR excess makes it particularly valuable for parents who parcel their car with their kids, as they wo n’t be liable for large out-of-pocket payments if their child gets into a car accident. Cash-strapped families who ca n’t afford to sacrifice coverage can drill safe drive to get Aviva ‘s 5 % safe driver discount for NCD ‘s of 50 % or higher .
                                                                                Aviva ‘s benefits are bountiful with a stress on compensate and accident coverage including wayside aid, towing, on-site accident report and medical coverage for you and your passengers. You and your family will besides get a free ride home following an accident ( provided tow is necessary ). If you want even more coverage, you can add on loss of keys, passing of practice and extra personal accident coverage .

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                                                                                you are looking for maximum coverage for your syndicate
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                                                                                • Third Party Damage Coverage
                                                                                  • S$5,000,000
                                                                                  • Workshop Type
                                                                                    • Any
                                                                                    • Coverage for Loss/Damage to Vehicle
                                                                                      • 100% of Market Value
                                                                                      Benefit Limit Excess
                                                                                      Windscreen/Window Damage Unlimited @ authorised repairer S$100
                                                                                      Personal Accident (Main Driver) S$20,000 N/A
                                                                                      Personal Accident (Passenger) S$20,000 N/A
                                                                                      Medical S$1,000 N/A
                                                                                      Towing Unlimited N/A
                                                                                      Car Accessories S$500 N/A
                                                                                      YIDR Excess S$2,500 (waivable)

                                                                                      Aviva Prestige is the best car insurance for families, specially those who have just bought a car and want utmost peace of take care benefits. Its prices are quite affordable—costing 10-15 % below average for marry drivers in addition to a young/inexperienced driver ( YIDR ) excess release .
                                                                                      The miss of a YIDR surfeit makes it particularly valuable for parents who share their cable car with their kids, as they wo n’t be apt for big out-of-pocket payments if their child gets into a cable car accident. Cash-strapped families who ca n’t afford to sacrifice coverage can practice safe drive to get Aviva ‘s 5 % safe driver dismiss for NCD ‘s of 50 % or higher .
                                                                                      Aviva ‘s benefits are ample with a focus on rectify and accident coverage including wayside aid, towing, on-site accident report and aesculapian coverage for you and your passengers. You and your family will besides get a release depend on home following an accident ( provided tow is necessity ). If you want even more coverage, you can add on loss of keys, loss of use and extra personal accident coverage .

                                                                                      Best Car Insurance for Peace of Mind Benefits: Income Drivo Premium

                                                                                      NTUC Income Drivo Premium

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                                                                                      Consider this if
                                                                                      you want individualized military service for claims and accident report
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                                                                                      • Third Party Damage Coverage
                                                                                        • S$5,000,000
                                                                                        • Workshop Type
                                                                                          • Any
                                                                                          • Coverage for Loss/Damage to Vehicle
                                                                                            • 100% of Market Value
                                                                                            Benefit Limit Extra Cost Excess
                                                                                            Windscreen/Window Damage Unlmtd N/A S$100
                                                                                            Personal Accident (Main Driver) S$50,000 N/A N/A
                                                                                            Personal Accident (Passenger) S$25,000 N/A N/A
                                                                                            Medical S$1,000 N/A N/A
                                                                                            Towing S$500 N/A N/A
                                                                                            Loss of Use S$50 S$53.50 N/A
                                                                                            YIDR Excess S$2,500 (S$500 if +1 yr exp.)

                                                                                            If you want peace of mind benefits and appliance with obedience to accident protection, Income ‘s Premium car indemnity plan offers great accident coverage adenine well as some peace of beware services via its Orange Force servicing .
                                                                                            With the Premium plan, you will get above average personal accident covers for drivers and passengers, coverage for natural disasters and larceny and the choice of using any workshop. additionally, you will have Income ‘s Orange Force, a 24/7 accident response team which offers accident aid including finding alternative transportation, removing vehicles and working in your best interests. This feature can be a great option for newly drivers who would like extra legal and policy aid. furthermore, because there is no extra excess for young and inexperienced drivers, Income can be a great option for first-time car buyers under 27 who have less than two years driving have .

                                                                                            Get a Quote


                                                                                            Get a Quote
                                                                                            Consider this if
                                                                                            you want personalized serve for claims and accident report
                                                                                            Read Review

                                                                                            • Third Party Damage Coverage
                                                                                              • S$5,000,000
                                                                                              • Workshop Type
                                                                                                • Any
                                                                                                • Coverage for Loss/Damage to Vehicle
                                                                                                  • 100% of Market Value
                                                                                                  Benefit Limit Extra Cost Excess
                                                                                                  Windscreen/Window Damage Unlmtd N/A S$100
                                                                                                  Personal Accident (Main Driver) S$50,000 N/A N/A
                                                                                                  Personal Accident (Passenger) S$25,000 N/A N/A
                                                                                                  Medical S$1,000 N/A N/A
                                                                                                  Towing S$500 N/A N/A
                                                                                                  Loss of Use S$50 S$53.50 N/A
                                                                                                  YIDR Excess S$2,500 (S$500 if +1 yr exp.)

                                                                                                  If you want peace of thinker benefits and appliance with respect to accident protective covering, Income ‘s Premium car indemnity plan offers great accident coverage deoxyadenosine monophosphate well as some peace of mind services via its Orange Force service .
                                                                                                  With the Premium design, you will get above modal personal accident covers for drivers and passengers, coverage for natural disasters and larceny and the choice of using any workshop. additionally, you will have Income ‘s Orange Force, a 24/7 accident reaction team which offers accident aid including finding alternative fare, removing vehicles and working in your best interests. This feature can be a great option for new drivers who would like extra legal and insurance aid .
                                                                                                  furthermore, because there is no supernumerary overindulgence for young and inexperienced drivers, Income can be a capital option for first-time car buyers under 27 who have less than two years driving experience .

                                                                                                  Best Car Insurance for Severe Accident Protection: MSIG MotorMax Plus

                                                                                                  MSIG MotorMax Plus

                                                                                                  Get a Quote


                                                                                                  Get a Quote
                                                                                                  Consider this if
                                                                                                  you want extensive fiscal security against severe car accidents
                                                                                                  Read Review

                                                                                                  • Third Party Damage Coverage
                                                                                                    • S$5,000,000
                                                                                                    • Workshop Type
                                                                                                      • Any
                                                                                                      • Coverage for Loss/Damage to Vehicle
                                                                                                        • 100% of Market Value
                                                                                                        Benefit Limit Extra Cost Excess
                                                                                                        Windscreen/Window Damage Unlmtd N/A S$100
                                                                                                        Personal Accident (Main Driver) S$100,000 N/A N/A
                                                                                                        Personal Accident (Passenger) S$50,000/passenger N/A N/A
                                                                                                        Medical S$1,000 N/A N/A
                                                                                                        Towing S$500 N/A N/A
                                                                                                        Loss of Use S$50/day (10 days) N/A N/A
                                                                                                        YIDR Excess S$3,000

                                                                                                        MSIG ‘s MotorMax Plus is a great car insurance plan for condom drivers who want to be wholly protected against the fiscal ramifications of a dangerous accident. This is because MSIG offers all of the benefits that a dependable and cautious driver would want if they were the victim of an unexpected accident that results in a severe injury/death or their car being totalled. This includes the most impressive S $ 100,000 car loanword protection benefit, which will pay the outstanding lend on your vehicle if you were to pass away after a car accident. Furthermore, MotorMax Plus will besides offer a new for old successor if your car is less than 12 months honest-to-god at the time of an accident and a transportation allowance benefit ( S $ 50 per day up to 10 days ) if your car is at the car shop for more than 3 days .
                                                                                                        last, MotorMax Plus ‘ personal accident benefits of S $ 100,000 for the driver and S $ 50,000 for the passengers is one of the highest personal accident benefit limits on the market and they offer aesculapian benefits to the driver and passengers — a benefit that normally comes costing extra. Despite this coverage, MotorMax Plus can be quite competitively priced. For case, while MotorMax Plus costs around S $ 30 above average when comparing across all the comprehensive plans on the market, we found that MotorMax Plus costs 5-11 % below average compared to other top-tier comprehensive motor insurance plans for the same 50 % NCD drivers .

                                                                                                        Get a Quote


                                                                                                        Get a Quote
                                                                                                        Consider this if
                                                                                                        you want extensive fiscal protection against dangerous car accidents
                                                                                                        Read Review

                                                                                                        • Third Party Damage Coverage
                                                                                                          • S$5,000,000
                                                                                                          • Workshop Type
                                                                                                            • Any
                                                                                                            • Coverage for Loss/Damage to Vehicle
                                                                                                              • 100% of Market Value
                                                                                                              Benefit Limit Extra Cost Excess
                                                                                                              Windscreen/Window Damage Unlmtd N/A S$100
                                                                                                              Personal Accident (Main Driver) S$100,000 N/A N/A
                                                                                                              Personal Accident (Passenger) S$50,000/passenger N/A N/A
                                                                                                              Medical S$1,000 N/A N/A
                                                                                                              Towing S$500 N/A N/A
                                                                                                              Loss of Use S$50/day (10 days) N/A N/A
                                                                                                              YIDR Excess S$3,000

                                                                                                              MSIG ‘s MotorMax Plus is a great car indemnity plan for safe drivers who want to be completely protected against the fiscal ramifications of a severe accident. This is because MSIG offers all of the benefits that a safe and cautious driver would want if they were the victim of an unexpected accident that results in a severe injury/death or their car being totalled. This includes the most impressive S $ 100,000 car lend protection benefit, which will pay the outstanding loan on your fomite if you were to pass away after a car accident. Furthermore, MotorMax Plus will besides offer a new for old successor if your car is less than 12 months old at the time of an accident and a transport allowance benefit ( S $ 50 per day up to 10 days ) if your car is at the car denounce for more than 3 days .
                                                                                                              last, MotorMax Plus ‘ personal accident benefits of S $ 100,000 for the driver and S $ 50,000 for the passengers is one of the highest personal accident benefit limits on the commercialize and they offer checkup benefits to the driver and passengers — a benefit that normally comes costing extra. Despite this coverage, MotorMax Plus can be quite competitively priced. For case, while MotorMax Plus costs around S $ 30 above average when comparing across all the comprehensive plans on the market, we found that MotorMax Plus costs 5-11 % below average compared to early top-tier comprehensive examination motive policy plans for the same 50 % NCD drivers .

                                                                                                              Best Car Insurance for Experienced Drivers: HL Assurance Comprehensive

                                                                                                              HL Assurance Authorised Workshop Plan

                                                                                                              Get a Quote


                                                                                                              Get a Quote
                                                                                                              Consider this if
                                                                                                              you are a dependable driver and want generous coverage for any type of topic
                                                                                                              Read Review

                                                                                                              • Third Party Damage Coverage
                                                                                                                • S$5,000,000
                                                                                                                • Workshop Type
                                                                                                                  • Authorised
                                                                                                                  • Coverage for Loss/Damage to Vehicle
                                                                                                                    • 100% of Market Value
                                                                                                                    Benefit Limit Excess
                                                                                                                    Windscreen/Window Damage Unlmtd S$100
                                                                                                                    Personal Accident (Main Driver) S$20,000 N/A
                                                                                                                    Personal Accident (Passenger) S$10,000 N/A
                                                                                                                    Medical S$1,000 N/A
                                                                                                                    Towing S$500 N/A
                                                                                                                    Loss of Use S$50 N/A
                                                                                                                    Car Accessories S$1,000 N/A

                                                                                                                    If your concenter is on maintaining your NCD ( and being rewarded for it ), HL Assurance ‘s car insurance not lone provides great all-around coverage but will besides reward 50 % NCD drivers with a 57 % reduction on their premium — one of the highest NCD discounts on the market. Though it costs above average for non-NCD drivers, HL Assurance ‘s premiums devolve to around average if you hold a 50 % NCD .
                                                                                                                    While the price may not be the cheapest, it is worth noting that HL Assurance ‘s benefits are quite generous. You will be covered for wrong caused by anything from riots to natural disasters, receive daily department of transportation allowance and have the option of authorising minor repairs — a very rare and valuable sport .

                                                                                                                    Get a Quote


                                                                                                                    Get a Quote
                                                                                                                    Consider this if
                                                                                                                    you are a dependable driver and want generous coverage for any type of issue
                                                                                                                    Read Review

                                                                                                                    • Third Party Damage Coverage
                                                                                                                      • S$5,000,000
                                                                                                                      • Workshop Type
                                                                                                                        • Authorised
                                                                                                                        • Coverage for Loss/Damage to Vehicle
                                                                                                                          • 100% of Market Value
                                                                                                                          Benefit Limit Excess
                                                                                                                          Windscreen/Window Damage Unlmtd S$100
                                                                                                                          Personal Accident (Main Driver) S$20,000 N/A
                                                                                                                          Personal Accident (Passenger) S$10,000 N/A
                                                                                                                          Medical S$1,000 N/A
                                                                                                                          Towing S$500 N/A
                                                                                                                          Loss of Use S$50 N/A
                                                                                                                          Car Accessories S$1,000 N/A

                                                                                                                          If your concenter is on maintaining your NCD ( and being rewarded for it ), HL Assurance ‘s car policy not only provides great all-around coverage but will besides reward 50 % NCD drivers with a 57 % reduction on their premium — one of the highest NCD discounts on the market. Though it costs above average for non-NCD drivers, HL Assurance ‘s premiums drop to around average if you hold a 50 % NCD .
                                                                                                                          While the price may not be the cheapest, it is worth noting that HL Assurance ‘s benefits are quite generous. You will be covered for damage caused by anything from riots to natural disasters, receive day by day fare valuation reserve and have the choice of authorising minor repairs — a very rare and valuable feature .

                                                                                                                          How to Choose the Best Car Insurance Plan

                                                                                                                          There are several things you should consider to get the best cable car indemnity plan, ranging from the type of car insurance you ‘ll need to your driving experience and budget. cable car policy is notoriously expensive, so the last thing you want to do is to purchase a plan that does n’t fit your needs .
                                                                                                                          first, there are three types of car policy policies : TPO, TPFT and comprehensive examination plans. Knowing the type of coverage you want, whether it is basic fire coverage or comprehensive coverage can narrow your search significantly. Second, when choosing a plan you should consider the type of car you have and your driving experience. For exemplify, drivers of luxury or european cars that require specialised servicing may fare better with a comprehensive car insurance plan that lets you choose your own workshop. Furthermore, drivers with limited cars will have to find an insurance design that covers their cable car ‘s modifications. New drivers may benefit more from a plan offering a overplus of accident-related benefits such as emergency aid and medical coverage, while besides keeping an eye out for the inexperienced/young driver overindulgence. On the other bridge player, seasoned drivers may be better off with a plan providing dim-witted but necessary coverage .
                                                                                                                          last, your budget is another thing to consider when choosing a great plan. however, while price can be an crucial agent, it should not be more important than the coverage you need. The cheapest plan may not be the best option if you are a new driver, the driver of a luxury vehicle or own a family car. If you want to save money on these more expensive options, you should compare rates from different insurers and look into increasing your NCD or signing up for a telematics plan where you get discounts based on good driving habits .
                                                                                                                          Want to compare car policy in very time without going to individual insurers ? Use our promptly, free and secure car policy quotation tool to find out which plans are the best suit for you .

                                                                                                                          How Much Car Insurance Excess Should You Choose?

                                                                                                                          Since the standard excess changes your annual agio, then the amount you choose should depend on whether you prefer to pay cheaper premiums or have less out of pocket costs. In general, the lower the excess, the higher your premium will be and vice versa. We found that on average, your annual premium increases between S $ 10 and S $ 20 for every S $ 100 surfeit decrease. thus, if you do n’t mind paying a morsel extra per year on your premiums, then you may be able to save hundreds of dollars in out of pocket costs should you get into an accident .
                                                                                                                          It ‘s worth keeping in mind that in some cases, you will have to pay an extra overindulgence. This applies to drivers who are in their early 20 ‘s or those who have been driving for just a couple of years. In this case, you will have to pay the standard excess and the YIDR surfeit. Since the YIDR surfeit is a couple thousand dollars for most insurers, it could be worth decreasing your standard excess if you want to pay less out of pocket .

                                                                                                                          How to Decrease Your Car Insurance Premiums

                                                                                                                          The easiest way to decrease your car indemnity premiums are to take advantage of promotions. Most insurers will offer some type of forwarding at some point, where you can get discounts adenine high as 30 % or vouchers for a couple hundred dollars. however, you should be careful about getting enticed by promotions without comparing premiums first. Some insurers may still be more expensive than others despite the discounts they are advertising .
                                                                                                                          alternatively, there are 4 other ways to reduce your car policy premiums. The first base is to buy a Third Party Fire & Theft or Third Party only policy. however, this comes with drawbacks such as a much smaller breadth of coverage and it ‘s not desirable for newfangled cars that are younger than 10 years old. Another option is to maximise your No-Claim Discount ( NCD ), which can offer up to 50 % off your premiums if you drive claim free for 5 years. Your safe driving habits will often come with a Certificate of Merit from the Singapore Traffic Police, which will add an extra 5 % off your premiums .
                                                                                                                          last, you can register your car as off-peak. An off-peak car is n’t allowed to drive between 7am to 7pm weekdays without a day evanesce or paying S $ 20 for a E Day Licence. however, you will save approximately 25 % on your premiums and receive a rebate of up to S $ 17,000 and a S $ 500 deduction on the annual road tax ( subject to a minimum road tax of S $ 70 per year ) .

                                                                                                                          Frequently Asked Questions

                                                                                                                          Yes. Car policy is compulsory in Singapore .

                                                                                                                          A Third-Party Only ( TPO ) design is the cheapest and most basic type of car insurance that lone covers you for liability against the early party in the event of an accident. Third-Party, Fire & Theft ( TPFT ) plans cover liability and arouse or larceny and are more expensive than TPO plans but are around 10 % cheaper than comprehensive plans. Both TPO and TPFT plans may be better options for drivers of cars over 10 years old. comprehensive plans are the most expensive but are recommended for most drivers because they provide a wide width of benefits beyond indebtedness and fire/theft such as personal accident, aesculapian and cable car accessory coverage .

                                                                                                                          While insurers have alike exclusions, it is worth reading the policy wordings to make sure you know what is and is n’t covered by your specific policy. Below, you ‘ll find some common things you wo n’t be covered for .

                                                                                                                          Common General Exclusions
                                                                                                                          Depreciation, wear & tear Damage to tyres or rims (unless other parts were also damaged in an accident)
                                                                                                                          Loss or damage of your car’s software Loss or damage due to negligence
                                                                                                                          Loss or damage caused by lawful repossession Loss or damage caused by war or other enemy acts
                                                                                                                          Driving a car not in roadworthy condition Driving a car with unapproved modifications
                                                                                                                          Driving without a valid license or having a suspended license Driving under the influence
                                                                                                                          Intentional self-injury or suicide Any form of racing or motor competition

                                                                                                                          You can choose to pay the full come ( the annual agio ) or if your insurance company gives you the choice, you can pay in monthly instalments .

                                                                                                                          Yes. Your car indemnity should cover you when driving in west Malaysia ( including Penang ) and in Southern Thailand american samoa long as it is within 80 kilometres of its border with west Malaysia .

                                                                                                                          Methodology

                                                                                                                          To arrive at our decision for the best car indemnity for the average driver, we collected data on car policy quotes and benefits for a 45-year old male ( the average Singaporean long time ) driver from 12 insurers. To find the average price for the modal sedan and SUV, we averaged the policy premiums for 4 most popular sedan models ( Honda Civic, Mazda 3, Hyundai Elantra and Toyota Corolla Altis ) and the 3 most popular SUV models ( Nissan Qashqai, Honda HR-V and Toyota Harrier ) on the Singapore market. SUVs are broadly more expensive than sedans due to their aptness for being riskier vehicles and male and female drivers saw unlike premiums, with females seeing cheaper price across the board. The premium we compared were for the base plans without any add-ons. This is because each insurance company provides different benefits and there is not adequate data to assume that the modal driver chooses particular benefits .
                                                                                                                          additionally, we took into consideration whether an employment pass holder and other foreigners could purchase the cable car policy and whether or not their premiums would increase. thus, the insurers mentioned above systematically won across all driver profiles as either being the cheapest or most comprehensive .

                                                                                                                          Additional Resources

                                                                                                                          Looking for more car policy and cable car possession guides ? Check out our articles below .
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