Free Quote For Motor Insurance
Motor Insurance in Singapore
In Singapore, it is mandatory under the law to have a valid motor insurance policy before driving any vehicle on public roads. The legal minimum requirement is to cover third-party only.
Beyond meeting legal obligations, having car insurance is essential for protecting yourself against financial loss resulting from road accidents, property damage, or injury to other road users..
Types of Motor Insurance Coverage
1. Third-Party Only (TPO)
Provides basic protection:
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Death or bodily injury to third parties
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Damage to third-party property
2. Third-Party, Fire & Theft (TPFT)
Covers all TPO benefits plus:
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Loss or damage to your vehicle due to fire or theft
3. Comprehensive Motor Insurance
Offers extensive coverage:
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All TPFT benefits
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Accidental damage to your own vehicle
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Medical expenses
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Personal accident benefits for driver and passengers
Private Hire Vehicle (PHV) Insurance
If you drive or plan to drive for Grab, Gojek, TADA, Ryde, or any other ride-hailing platform, you are required to have commercial motor insurance specifically covering Private Hire Vehicle (PHV) usage.
This is different from a regular private car policy and includes:
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Commercial usage classification
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24/7 coverage for both personal and ride-hailing use
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Protection against third-party liability, passenger injuries, and vehicle damage during PHV operations
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Optional loss of income and vehicle replacement benefits (subject to insurer availability)
Note: Standard private car insurance does not cover ride-hailing or PHV usage. Driving without the correct policy may lead to claim denial and legal penalties.
We can help you secure PHV insurance that complies with LTA regulations and meets platform requirements, whether you’re a full-time or part-time driver.
How Motor Insurance Premiums Are Calculated
Insurers in Singapore use a risk-based rating system to determine your motor insurance premium, factoring in:
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✔️ Vehicle make and model
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✔️ Engine capacity
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✔️ Vehicle age and condition
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✔️ Driver’s age, gender, and occupation
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✔️ Driving and claims history
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✔️ Type of usage (private, PHV, commercial)
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✔️ Coverage type (TPO, TPFT, Comprehensive)
Each factor is weighted differently based on statistical risk and past claim trends.
Other Premium-Related Considerations
Excess (Deductible):
This is the amount you must pay in the event of a claim. Choosing a higher excess usually reduces your premium.
Named Drivers:
Including young, inexperienced, or elderly drivers may increase the premium due to higher perceived risk.
No Claims Discount (NCD)
The No Claims Discount (NCD) rewards safe drivers by reducing premiums:
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Up to 50% NCD for private cars
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Up to 20% NCD for commercial vehicles
Foreign drivers moving to Singapore can transfer their existing NCD from their home country with official documentation from their previous insurer, helping them save significantly on local premiums.
Get Protected Today
Whether you’re driving for personal use or operating as a Private Hire Vehicle driver, we offer tailored insurance solutions to meet your needs.
Let us help you compare quotes and secure the right coverage at the right price.
📞 Contact us today for a free motor or PHV insurance quote.
Motorcycle Insurance
Motorcycle Insurance, you will not only enjoy comprehensive and affordable coverage, but also convenience through our value added services, whenever you need it most.
Important Notes : This information is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract.
To Know more, please contact us
Door Step Service
All necessary documents provided at your convenience. When needed, you can either fax or email a scanned copy of necessary documents.
Competitive Insurance Quotes
Receive the best quotation prices from multiple insurers
Road Tax Renewal
Provide road tax renewal service along with your insurance renewal.
Installment Plan
Interest-free instalment plan of 6-12 months with selected credit card companies.
Vehicle Emergency Accident Response Team (24-hour)
24 HEART Standby to assist you in the event of an accident.
Early Reminder
Register with us to enjoy free yearly reminders for insurance renewals.
Claims Support
To handle claims and protect your NCD (Accident Report, Repair & Claims Management).
Breakdown Support
Enjoy free car towing service!! (Within Singapore).
Fast Response
Revert with a quote
Within a day.