Car and Bike Insurance
Motor insurance is mandatory for all vehicle owners in Singapore, and you will need to purchase a motor insurance policy in order to have the vehicle transferred to your name or to renew your road tax.
The need for compulsory motor insurance is to indemnify you against any third party liabilities and minimise financial losses in the occurrence of a road accident. Depending on your policy coverage, your insurer will pay for the damages to the vehicles involved, damaged public property, and the medical costs of third parties involved in the accident.
Types of Coverage Available:
- Cover of the Motor Vehicle against accidental damage or loss (up to market value at time of accident)
- Cover of the Motor Vehicle against fire or theft (up to market value at time of accident)
- Choice of “Any Workshop” Scheme or “Authorised Workshop” Scheme
- Loss of or damage to the Motor Vehicle due to Flood & Strike, Riot and Civil Commotion
- Legal Liability to Third parties – Property Damage and Bodily Injury
- Legal Liability of Passengers for Acts of Negligence
- Windscreen Coverage
- Accident-related Towing Service
To request for a quotation please fill up this form.
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- Cover of the Motor Vehicle against fire or theft (up to market value at time of accident)
- Legal Liability to Third parties – Property damage and Bodily Injury
- Legal Liability of Passengers for Acts of Negligence
- Legal Liability to Third parties – Property Damage and Bodily Injury
- Legal Liability of Passengers for Acts of Negligence