By Lance Teo
If you drive your own car, you know that anything can happen while you’re on the road. And since no one is immune from road accidents, it’s better to be prepared by having the best car insurance in Singapore.
Everyone knows how expensive car repairs and services can get, depending on the damage of your car. If you have great car insurance, you don’t have to empty your wallet trying to pay to repair your car.
Since we want to help you out with that, we compiled our picks for the best car insurance in Singapore. Check them out below!
1. AXA Insurance
|BEST FOR||Personal and Business Insurance|
|SERVICES||Car Insurance, Travel Insurance, Home Insurance, Helper Insurance, and Personal Accident|
|ADDRESS||8 Shenton Way, #24-01 AXA Tower, Singapore 068811|
|CONTACT DETAILS||+65 6880 4888|
|OPERATING HOURS||Monday – Friday, 9:00 AM – 5:30 PM|
One of every car owner’s worries is having to pay for expensive car maintenance and services. With AXA’S car insurance, you will never have to worry about shelling out a lot of money just to keep your car in perfect condition.
Some of the inclusions of their car insurance are comprehensive coverage, third-party coverage, and theft coverage. You even have the option to add more coverage if you want to be even more protected from unexpected events.
On top of this, they have over 800,000 cars insured all over the world, proving that car owners like their insurance policies.
So, if you want car insurance that has been proven to be reliable, then you should definitely get AXA’s.
- Flexible plans
- Affordable rates
- Higher flood protection
- Medical and dental expenses
2. FWD Insurance
|BEST FOR||Personal Insurance|
|SERVICES||Car Insurance, Travel Insurance, Home Insurance, Health Insurance, Maid Insurance, Endowment, and Personal Insurance|
|ADDRESS||6 Temasek Blvd, #18-01 Suntec Tower Four, Singapore 038986|
|CONTACT DETAILS||+65 6820 8888|
|OPERATING HOURS||Monday – Friday, 9:00 AM – 6:00 PM|
If you’re looking for an insurance provider that looks out not only for your welfare but your family’s as well, then FWD insurance is the perfect match for you. Almost all of their insurance plans include benefits to protect your family.
What makes them a great insurance provider is that their insurance plans are affordable and comprehensive.
If you don’t know much about how insurance works, they will make sure to explain it to you carefully and guide you in choosing the right insurance package for you and your family.
If you regularly have your car checked, then you’d like their car insurance. It covers roadside assistance, vehicle repairs, medical emergencies, and even third-party damages, making it ideal for all drivers across the island.
In addition, FWD likes to reward their clients for driving safe. So, if your current No Claim Discount remains at 50%, you will get to keep it.
- Medical coverage
- Lifetime NCD coverage
- Repair warranty
- Family protection
FWD is ranked as one of the leading insurance companies in Singapore, so it’s no surprise that it’s received mostly positive responses.
“FWD has such a wide range of policies. Have been using their online application and it’s so fast and convenient. Their relationship managers are also very prompt and responsive. No regrets. Travel, drive and live rest assured that they got you covered. Thank you, FWD TEAM, you are awesome.”
“FWD has been my TOP choice of insurer when it comes to buying travel insurance. The platform interface is simple and easy to navigate. The process of buying and claiming is fuss free. No more endless paper works when it comes to purchase and claims anymore!”
3. Aviva Insurance
|BEST FOR||Personal and Business Insurance|
|SERVICES||Car Insurance, Travel Insurance, Retire Insurance, and Life and Health Plans|
|ADDRESS||4 Shenton Way, SGX Centre 2 #01-01, Singapore 068807|
|CONTACT DETAILS||+65 6827 7988|
|OPERATING HOURS||Monday – Friday, 8:45 AM – 5:30 PM|
Aviva is considered one of the leading insurance companies in Singapore, so you won’t be disappointed with their services. One of their main goals as a company is to improve clients’ way of living by offering them affordable and sustainable insurance packages.
In terms of their car insurance, they will make sure that you and your family are protected every time you’re driving. You can choose between their three car insurance plans: lite, standard, and prestige, each of which provides you with amazing protection.
Moreover, these three plans include medical coverage, vehicle repairs, and coverage to a third party’s property. There’s also an eCall assistance service that notifies their emergency team to provide you with fast and efficient help in case of an accident.
- Quick emergency assistance
- Family protection
- Lowest NCD penalty
- With add-ons for extra protection
- Courtesy car provided
|BEST FOR||Car Rentals and Car Insurance|
|SERVICES||Car Buy & Sell, Car Rentals, Car Insurance, and Accessories|
|ADDRESS||61 Ubi Ave 2, Automobile Megamart|
|CONTACT DETAILS||6744 1514|
|OPERATING HOURS||Monday – Friday, 10:00 AM – 6:30 PM|
sgCarMart is more known as a buy-and-sell business, but we think that their car insurance packages are worthy of every car owner’s attention. If you don’t like big insurance companies, then we suggest that you go with this one.
While most insurance companies will offer you only one insurance package, sgCarMart will let you choose from their multiple packages and help you decide which one is the best for you.
All you need to do is fill up the form on their website and you will receive at least 3 cheap quotations in your email within the day.
- Competitive quotation
- Recurring benefits
- Cancellation refund
- Roadside assistance
5. Direct Asia Insurance
|BEST FOR||Personal Insurance|
|SERVICES||Car Insurance, Motorcycle Insurance, and Travel Insurance|
|ADDRESS||20 Anson Rd, #08-01, Singapore 079912|
|CONTACT DETAILS||66665 5555|
|OPERATING HOURS||Monday – Friday, 8:00 AM – 8:00 PM|
Established in 2010, Direct Asia is an insurance company that focuses on car and travel insurance.
Despite being new to the industry, they have managed to become one of the most decorated insurance providers in Singapore, bagging recognition from different award-giving bodies.
In terms of their car insurance, it’s extremely easy to qualify for it. As long as you’ve held NDC50 for at least 5 consecutive years, then you’re good to go.
As a client, they let you choose how you want to be protected. It’s up to you which benefits go into your insurance plan to ensure that everything you need will be covered and accommodated.
- Tailor-made insurance plans
- Dependable customer service
- Affordable plans
Here are some reviews left by loyal Direct Asia clients:
“The customer service personnel was very keen and helpful throughout my renewal process as I wanted to upgrade to a higher tier insurance. She was very patient in explaining the different product tiers to me. I will highly recommend DirectAsia Insurance to my friends.”
“The customer service team answered the call very quickly, they were polite & clear with their communication & despatched the tow service after doing the verification. They even called back to check in with the situation.”
|BEST FOR||Competitive rates|
|ADDRESS||60 Paya Lebar Road Paya Lebar Square #11-41 Singapore 409051|
|CONTACT DETAILS||6385 3303 | [email protected]|
|OPERATING HOURS||Mondays to Fridays, 9am-6pm|
Incorporated in Singapore and registered with General Insurance Association of Singapore (GIA), Quotigo Pte. Ltd. has more than half a decade’s experience in servicing tens of thousands customers locally, they are one of the largest General Insurance agency in Singapore.
By combining tjeir local expertise with the strength of our underwriters, they offer some of the leading range of commercial insurances, not limited to the following mentioned, Uber insurance, Grab insurance, private car insurance, commercial vehicle insurance, fire insurance, home content insurance, travel insurance, personal accident insurance, maid insurance, renovation all risk insurance, third party liability insurance, retail insurance, office insurance, workmen compensation insurance and marine insurance.
- Purely Specialised in General Insurances. Not dealing with life insurance/ saving plan.
- Proper frontage to host walk-in customers at premium office at Paya Lebar Square.
- 100% General Insurance Certified Consultants with their certificates displayed at their office for all walk-in customers to validate.
- Bidded golden numbers for the ease of their customers to contact us.
- Almost a decade of experience in General Insurance winning multiple awards displayed at our office. Call/ SMS/ WhatsApp 8818 0007, 8828 0007, 8838 0007, 8858 0007 or 8868 0007 anytime when you are available; even at the comfort of your home.
7. Tokio Marine
|ADDRESS||20 McCallum Street #07-01 Tokio Marine Centre Singapore 069046|
|CONTACT DETAILS||+65 6592 6100 | [email protected]|
|OPERATING HOURS||Mondays to Fridays, 8.45am to 5.45pm|
Tokio Marine has a wide coverage of areas where they offer their multiple types of insurance. The company started in Japan 130 years ago and currently their network spans across 38 countries, including Singapore.
One of the insurances they offer is motor insurance which covers the following: Accidental or fire damage to your vehicle, Theft of your vehicle, Liabilities to other parties for injury or death, and Damage to other parties’ property.
Further, their vehicle insurance are classified into three different plans: Comprehensive Cover
Third Party, Fire & Theft Cover, Third Party Cover. Click this link for specific details on each of these.
With all these comprehensive and premium quality car insurances provided by Tokio Marine, you will definitely feel secured and protected while using your car.
- Comprehensive insurance plans
- Trusted commercial partners
- Additional benefits on premium insurances
And that’s it for our list of the best insurance companies that offer comprehensive car insurance plans for all drivers in Singapore! When you’re protected by any of these companies, you won’t have to worry about the unexpected while on the road.
Have you already considered which insurance provider would you like to get? Share with us the reason you think it’s worth trying out.
On top of having dependable car insurance, it’s also ideal to know which are the best car rentals in Singapore… in case your vehicle spends a couple of days at the automobile repair shop. That way, you won’t have to commute to work or school while your car is being repaired.