The 7 Options for Best Car Insurance in Singapore

Best Car Insurance Singapore

 

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
WEBSITE https://www.axa.com.sg/
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.

Highlights:

  • 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
WEBSITE https://www.fwd.com.sg/
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.

Highlights

  • Medical coverage
  • Lifetime NCD coverage
  • Repair warranty
  • Family protection 

Customer Reviews

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
WEBSITE https://www.aviva.com.sg/
ADDRESS 4 Shenton Way, SGX Centre 2 #01-01, Singapore 068807
CONTACT DETAILS +65 6827 7988

[email protected]

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.

Highlights

  • Quick emergency assistance
  • Family protection
  • Lowest NCD penalty
  • With add-ons for extra protection
  • Courtesy car provided

 

4. sgCarMart

BEST FOR  Car Rentals and Car Insurance
SERVICES Car Buy & Sell, Car Rentals, Car Insurance, and Accessories
WEBSITE https://www.sgcarmart.com/
ADDRESS 61 Ubi Ave 2, Automobile Megamart
CONTACT DETAILS 6744 1514

[email protected]

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.

Highlights

  • Competitive quotation
  • Recurring benefits
  • Cancellation refund
  • Roadside assistance

 

5. Direct Asia Insurance

BEST FOR  Personal Insurance
SERVICES Car Insurance, Motorcycle Insurance, and Travel Insurance
WEBSITE https://www.directasia.com/
ADDRESS 20 Anson Rd, #08-01, Singapore 079912
CONTACT DETAILS 66665 5555

[email protected]

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.

Highlights

  • Tailor-made insurance plans
  • Dependable customer service
  • Affordable plans

Customer Reviews

 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.”

 

6. QUOTIGO

BEST FOR Competitive rates
PRICING Quotations
WEBSITE https://quotigo.com/
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

 

7. Tokio Marine

BEST FOR
PRICING Fair Dealing
WEBSITE https://www.tokiomarine.com
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.

Highlights

  • 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.

 

Leave a Comment