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.
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)
Singtel Car Protect
Singtel Car Protect offers comprehensive coverage with one of the highest personal accident coverage in the market and as low as zero repair excess.
Pros
- 3 tiers of comprehensive plans available: Value, Essential, Premium.
- Personal accident benefits of up to S$120,000.
- Option to go back to the original dealer for repairs under Premium Plan for vehicles still under the manufacturer’s warranty period.
Cons
- No personal accident coverage for the policyholder and the passengers under Value Plan.
- No windscreen cover under Value Plan.
- Young, elderly and inexperienced drivers are defined as aged below 26 years old, aged above 69 years old, and/or held a valid driving license for less than 3 years.
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.
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
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.
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.
Budget Direct Comprehensive
Budget Direct offers a car insurance plan that sets itself apart by offering almost unbeatable premiums for experienced drivers.
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
Great Eastern Drive and Save Plus
A comprehensive car insurance plan for those looking for enhanced protection.
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
