Car Insurance

Best Car Insurance for 2024. Comparing and Buying  Car Insurance Made Easier.

MSIG MotorMax

MSIG's car insurance plans are attractively priced for the average safe driver and offer great coverage for people who want maximum protection against severe accidents.


MSIG MotorMax


Pros

  • For drivers with high NCD - the premium cost is attractively priced
  • MotorMax is suitable for drivers looking for comprehensive coverage on a budget
  • Personal accident and medical coverage extends to passengers and named drivers
  • For Electric Vehicles/ Own Workshop - please select MotorMax Plus

Cons

  • Young and/or Inexperienced Driver is defined as 27 years old and/or has held a valid driving licence for 2 years or less
  • No optional add on for accessories coverage
  • Comprehensive coverage only (no TPT or TPFT coverage)
More Details

FWD Classic

FWD offers some of the most affordable car insurance plans without skimping on value-added features that other budget car insurance plans may lack.


FWD Classic


Pros

  • Competitive price offerings - Classic, Executive, Prestige
  • Lifetime NCD Guarantee - for drivers on 50% NCD
  • Any Driver cover (add-on) - to extend coverage to unnamed drivers. The Executive or Prestige plan automatically covers any drivers you trust to drive your car.

Cons

  • Young driver is defined as drivers under 27 years old
More Details

Singlife Lite

Singlife's car insurance plans offer generous coverage and peace-of-mind benefits. For the basic tier plan - Lite, it offers basic benefits for the budget conscious drivers.


Singlife Lite


Pros

  • Singlife Lite is the basic, par down plan for budget conscious drivers
  • Discounts on multi-year plans
  • Young and/or Inexperienced Driver is defined as 24 years old and/or has held a valid driving licence for 2 years or less
  • For Electric Vehicles/ Own Workshop - please select Standard or Prestige plans

Cons

  • Comprehensive coverage only (no TPT or TPFT coverage)
  • No personal accident coverage for You (policyholder) on Motor Lite
More Details

Etiqa Comprehensive

Drive Less Save More (DLSM) FOC add on - Enjoy cash rebate of up to 30% of the basic premium. TIQ Car Insurance offers you the flexibility to customise your car insurance.


Etiqa Comprehensive


Pros

  • Drive Less and Save More Scheme - free add-on
  • Various optional add-ons to allow customisation
  • EXCESS amount can be adjusted based on your needs and budget
  • Young and/or Inexperienced Driver is defined as 24 years old and/or has held a valid driving licence for 2 years or less
  • Offers Comprehensive, TP and TPFT plans

Cons

  • Etiqa imposed an Elderly Driver Excess. Elderly driver is defined as above 75 years old
  • Etiqa only offers 1 tier selection of Comprehensive plan.
More Details

Budget Direct Comprehensive

Budget Direct offers a car insurance plan that sets itself apart by offering almost unbeatable premiums for experienced drivers.


Budget Direct Comprehensive


Pros

  • Some of the cheapest policies on the market
  • Can customise coverage to only pay for what you need
  • Offers Comprehensive, TP and TPFT plans
  • Young and/or Inexperienced Driver is defined below 25 years old and/or has held a valid driving licence for 2 years or less

Cons

  • Personal accident and medical coverage benefit comes at additional cost
  • Not the best choice for high risk drivers
More Details

Great Eastern Drive and Save Plus

A comprehensive car insurance plan for those looking for enhanced protection.


Great Eastern Drive and Save Plus


Pros

  • 24/7 towing assistance in case of accidents anywhere in Singapore, West Malaysia and Thailand
  • Personal accident protection of up to S$120,000
  • Offers Comprehensive (Authorised Workshop/ Any Workshop) and TPFT plans

Cons

  • Unable to purchase policy if younger than 26 years old
  • Young and/or Inexperienced Driver is defined as under 26 and/or has less than 3 year’s driving experience
  • Great Eastern imposed an Elderly Driver Excess. Elderly driver is defined as above 69 years old
More Details

Can't Find What You Need? Reach Out To Us And Let Us Help You.Enquire Now

Latest Articles

Car Loans
Car Loans

Your Essential Guide to Buying a Used Car in Singapore

by ValueChampion Editorial Team on Apr 16, 2024

Buying a car in Singapore is extremely expensive, which makes used cars an attractive option. In this guide, we’ll cover everything you need to know...

Car Insurance
Car Insurance

Should You Care if Your Car Insurance Plan Covers Flood Damage?

by ValueChampion Editorial Team on Apr 2, 2024

Is flood coverage an important feature of your car insurance plan? Or does it not matter as much as you would expect?

Car Insurance
Car Insurance

What Determines Your Car Insurance Premium?

by ValueChampion Editorial Team on Apr 2, 2024

If you are a new car owner, it can be quite confusing to decipher if the car insurance premium you have been quoted is a...

Car Insurance
Car Insurance

How to Find the Best Car Insurance Plan

by ValueChampion Editorial Team on Apr 2, 2024

Car insurance jargon may seem very daunting. But fear not, after reading our trusty guide on how to find the best car insurance plan, you...

Car Insurance
Car Insurance

What is a Car Insurance Excess?

by ValueChampion Editorial Team on Mar 29, 2024

Are you a new car owner looking to buy car insurance for the first time? Decoding car insurance jargon can be confusing. We explain what...

Why the Cheapest Car Insurance Plan Isn’t Always the Best

by ValueChampion Editorial Team on Mar 29, 2024

While going for the cheapest car insurance is tempting, we present you a list of reasons how doing so may end up costing you more...

Car Loans
Car Loans

What’s the Average Cost of COE in Singapore?

by ValueChampion Editorial Team on Mar 29, 2024

If you’d like to own a car in Singapore, a Certificate of Entitlement (COE) is a non-negotiable purchase alongside the vehicle. Find out how much...

1 of 14

Nextcommon.arrowcommon.arrow