Motor Insurance Guide
Everything you need to know about motor insurance in Singapore
Motor insurance is mandatory for all vehicle owners in Singapore. This comprehensive guide will help you understand the different types of coverage, how premiums are calculated, and what to do in case of an accident.
Types of Motor Insurance Coverage
Third Party Only (TPO)
The minimum legal requirement in Singapore. Covers damage or injury caused to other people and their property, but not your own vehicle.
- Bodily injury to third parties
- Property damage to third parties
- Legal costs for defending claims
Third Party, Fire & Theft (TPFT)
Includes all TPO coverage plus protection against fire damage and vehicle theft.
- All TPO coverage
- Fire damage to your vehicle
- Theft of your vehicle
Comprehensive Coverage
RecommendedThe most complete protection for your vehicle. Covers your own vehicle damage in addition to all TPFT coverage.
- All TPFT coverage
- Accidental damage to your own vehicle
- Personal accident benefits
- Medical expenses
- Optional add-ons (windscreen, NCD protector, etc.)
Understanding No Claim Discount (NCD)
NCD is a discount on your premium for every year you don't make a claim. The longer you go without claims, the higher your discount.
| Claim-Free Years | NCD Discount |
|---|---|
| 1 year | 10% |
| 2 years | 20% |
| 3 years | 30% |
| 4 years | 40% |
| 5+ years | 50% |
What to Do in an Accident
Ensure Safety First
Check for injuries. If anyone is hurt, call 995 for emergency medical services immediately.
Move Vehicles if Possible
If the accident is minor and vehicles are movable, move them to the side to avoid obstructing traffic.
Exchange Information
Get the other party's name, NRIC, contact number, vehicle number, and insurance details.
Document the Scene
Take photos of all vehicles involved, damage, road conditions, and any relevant signage.
Report to Police if Required
Report within 24 hours if there are injuries, hit-and-run, government property damage, or foreign vehicles involved.
Notify Your Insurer
Report the accident to your insurance company within 24 hours. We can help you with the claims process.
Tips for Lower Premiums
- Maintain your NCD by driving safely and avoiding claims for minor damages
- Install approved anti-theft devices in your vehicle
- Consider a higher excess to lower your premium
- Compare quotes from multiple insurers
- Bundle your motor insurance with other policies
- Name experienced drivers with good records on your policy
Need Help with Motor Insurance?
Our experts can help you find the best coverage at competitive rates.