Car Insurance Today – Looking for the best car insurance plan in Singapore? Compare and find the cheapest prices online from top car insurance providers like Singlife, Direct Asia and more! Protect yourself, your loved ones and your car today!
Car insurance (also known as car insurance or car insurance) covers the car and the driver in case of damage, car accident or if the driver is responsible for personal injury.
Car Insurance Today
Car insurance helps protect you and the parties involved in a car accident in several ways. These advantages include:
Hidden Car Insurance Discounts
Car insurance prices in Singapore range from $700 to $1,000 per year, but the exact annual premium is calculated on a case-by-case basis as it really depends on specific factors such as age, occupation, driving experience, claims. history and more.
Don’t be too offended if you are quoted a remarkably high premium. This can sometimes happen due to the stats associated with your car or profile, regardless of how good a driver you are. Insurers measure risk differently, so take the opportunity to shop around for multiple quotes. As a car company, we feel your pain regarding the increase in oil prices and COE. As such, we’ve specifically created a killer guide to finding the cheapest car insurance premiums in Singapore in the hope that you won’t break the bank. Go and check it out!
If downloading insurance policy brochures and side-by-side comparisons is a problem for you, our smart system can do the comparison for you Answer a few questions online and we will help you.
After submitting your answers, our insurance specialists may call you to clarify your needs and explain your options. Take this opportunity to ask our experts any burning questions you have about car insurance!
Find The Best Car Insurance
After speaking with our insurance specialists, reviewing your options, and planning your finances, you’re ready to apply for your auto insurance plan with our guided assistance.
Is financially associated with 10 insurance companies in Singapore. But finding the best policy can be difficult and overwhelming, especially with many insurance companies. We do the hard work for you, find the best deals and make the application process as easy as possible.
Your car insurance journey does not end after you purchase your policy. financial will ensure that we follow you throughout this journey, especially when it comes to the most painful part of all – claims. Our general insurance specialists help ensure your claims are processed and help you renew your policy each year. We help make it happen so you can drive worry free.
Every year when you renew your contract, we’ll help you get the best service, coverage and help you save on your car insurance premiums. Because we work with 12 of the top car insurance providers in Singapore, you can be sure that we will do our best to find you the best policy available.
Buy Car Insurance Online Singapore 2024
“Fast response and despite having the lowest insurance company in Singapore, smart money was able to get me a better quote within a day!
Needless to say I immediately changed the insurance company of the new car and saved 14%! Good job and I will be using smart money on my car insurance in the future!”
“Ken was efficient in helping me get better and better quotes and made good recommendations for renewing my car insurance.
It helped me save a lot of research time and best of all it helped me save a lot on my premiums. Highly recommended!”
Can You Save Money On Your Car Insurance Today?
From the quote request through the website to the first WhatsApp message and self purchase all in 40 minutes. All 3 quotes are below existing renewal rates starting at $100 up to $300 + savings.
More than a third of Singaporean drivers are missing out on potential savings on car insurance premiums due to car renewals with their current provider. As an existing policyholder, you may not always get the best premiums for the next year of coverage. Don’t make the mistake of feeling pressured to renew your car insurance because of a lack of information or time.
Our car insurance study* showed that customers can save up to $620 on their annual premiums by comparing car insurance quotes before purchasing a policy. Insurance providers focus on different coverage benefits, so compare different offers based on the coverage you need and the premium it will cost.
You can pay a lower premium by increasing the excess insurance on your policy is basically the amount you have to take out of your own pocket before the insurance will cover the rest of the cost in the event of an accident. Your policy quote will have a standard excess amount marked as a condition and you can offer to increase this additional amount for a lower premium.
Costco Car Insurance Review 2024
Car insurance policies are very customizable because you can always reduce the cost of your insurance premium by increasing this thing called an “excess.”
This refers to the amount you must pay out of pocket before you can file a claim with the insurance company.
As a reference point, most insurance companies in Singapore generate quotes based on an excess of $500 or $600. So you can take the average amount that car drivers are willing to pay out of pocket. Both excess and premium are costs to YOU, so when getting car insurance quotes, you should look at both in tandem. Sure, you can get a good price if you go for a large excess, but do you really want to pay $2,000 in cash if you get into a collision? Probably not.
If you own a car in Singapore, car insurance or car insurance is mandatory, but it is not cheap. Our free car insurance calculator will help you find the best and cheapest price on the market.
Square Insurance Brokers Pvt. Ltd On X: “don’t Let The Fear Of High Insurance Costs Keep You From Driving. We Offer Affordable Car Insurance Plans That Fit Your Budget. Compare And Get
Glad you asked! Most of Singaporeans buy car insurance simply because it is required here, without even knowing what it covers.
When you own a car, danger persists around every corner. In addition to the ever-present threat of a car accident, car thieves can steal your car, even burn it in a fire. As most car owners know, repairing these major damages can be very expensive.
Auto insurance is meant to cover such scenarios. Pay an annual premium for insurance that the insurance company will pay most of the bill at the auto repair shop if these things happen.
Simply put, if you have an accident and are sued for damage to another person or their property, your auto insurance will pay part or all of the bill.
🚗💰 Drive With Confidence! 💥💯 Car Insurance Is A Must-have For So Many Reasons! 💼💡 Financial Protection, Legal Compliance, Liability Coverage, Medical Expenses
As the name suggests, this type of car insurance covers almost everything, including the cost of repairing and replacing the car. It is the most common type of car insurance in Singapore, which is understandable considering how expensive cars are here.
This is the cheapest and most basic type that ONLY covers damage to other people or property. If something happens to your own car, you will have to pay the bill yourself. This is usually recommended for really old cars that are at the end of their COE life, so you can really consider scrapping the car instead of repairing it.
This is a slightly updated version of TPO car insurance. The same features apply, except that TPFT also covers loss, theft and fire damage to your vehicle. It offers a bit more protection, but is still an option usually reserved for older car owners.
Most car insurance also allows you to customize your plan by choosing between ‘authorised workshop’ and ‘any workshop’. This refers to the workshop you can send your car to and still be covered by your car insurance.
Best Automotive Insurance In Singapore For Cars, Private Hirers, And Any Vehicles
It is always cheaper to go with the ‘authorised workshop’ option as the insurance company already has a list of workshops it knows are accessible.
On the other hand, if you want the freedom to attend any workshop you choose, the insurance company has no way of ensuring they won’t overcharge, so you’ll have to pay more for the privilege.
For less demanding owners of older cars, choosing an “authorized workshop” is usually cheaper. Just make sure the insurance company’s repair list is really reasonable so you don’t have to go across the isle to get your car repaired.
The best car insurance for you is the one that meets your needs. Here are some insurance companies you can consider:
Car Insurance Ph
UBI means paying less when you drive less. It is suitable if you have a car to go to the shop occasionally or go on weekend turns and choose another mode of transport for the regular trip. Etiqa and Revenue offer UBI. While Etiqa’s latest UBI feature gives you cashback of up to 30% of the base premium, Income’S UBI is only for electric cars in Singapore. Its UBI premium is determined by the tracking distance measured by a device connected directly to your vehicle’s odometer. This ensures accurate tracking without taking measurements like mobile phone apps or GPS. However,