Buying a car exposes you to a host of financial insecurity. With car insurance, you can lessen the possibility of facing financial problems as it covers Damage to your Car & other circumstances. As such, selecting the right car insurance provider is vital & should be based on much more than price alone. Here are the best Cheapest Car Insurance companies in Singapore to help you save money.
Cheapest Car Insurance Companies |
Services |
Benefits |
Total Score |
FWD Car Insurance |
8.5 |
8 |
8.25/10 |
Aviva car insurance |
8 |
9.5 |
8.75/10 |
Etiqa Car insurance |
8 |
8 |
8/10 |
Income Drivo Premium Car insurance |
9 |
9.5 |
9.25/10 |
sgCarMart |
7.5 |
9 |
8/10 |
MSIG Car Insurance |
8 |
8.5 |
8.25/10 |
InsureMy Car |
7.5 |
7 |
7.25/10 |
Accord Insurance Agency |
7 |
8 |
7.5/10 |
Meta Agency PTE |
8.5 |
8 |
8.25/10 |
DirectAsia |
7.5 |
7.5 |
7.5/10 |
FWD Car Insurance
FWD Car insurance company is the best car insurance companies in Singapore. Their car insurance plans stand out from the rest with features like a 50% lifetime NCD guarantee and free 24-hour roadside assistance for accidental & non-accidental breakdowns. Enjoy up to 12 months of interest-free instalment premium payments for your car insurance when you pay with your OCBC MasterCard or Visa credit card. They are only the insurer to guarantee your 50% NCD for life, as long as you stay with them. You can also receive up to $80 per day while your Car is being repaired(for up to 10 days)
Address: 6 Temasek Blvd. #18-01 Suntec Tower Four, Singapore 038986
Contact: +65 6820 8888
Aviva car insurance
With three distinctive plans to choose from at Aviva car insurance, Single car insurance gives you peace of mind. Their three options that suit your needs: Lite– Repair for your Car: Approved repairer only, Brand new car replacement: For Car less than 12 months old, Medical expenses: Cover you & your passengers: S$500, Damage to third party’s property: up to S$ 5 million.
Standard: Repair for your Car: Any repairer, Brand new car replacement: For a car less than 12 months old, Cover you & your passengers: S$2,500; Damage to a third party’s property: up to S$ 5 million.
Prestige: Repair for your Car: Any repairer, Brand new car replacement: For Car less than 24 months old, Cover you & your passengers: S$5,000,
Damage to third party’s property: up to S$ 5 million.
Address: 4 Shenton Way, SGX Centre 2 #01-01, Singapore 068807
Contact: +65 6827 7988
Etiqa Car insurance
Etiqa is the best car insurance companies in Singapore. If your insurer is Etiqa, you receive damage coverage of up to $1,000 for your solar film. Protect both yourself & fellow road users with Etiqa car insurance. You can enjoy 20% off+ up to $200 cash back when you protect your Car with Etiqa.
Address: Not available
Contact: +65 6887 8777
Income Drivo Premium Car insurance
Here you get coverage for third-party property damages arising from accidents, coverage for towing services & unlimited windscreen cover, personal accident benefits & medical expenses coverage in the event of an accident, reimbursement of expenses incurred for vehicle repairs arising from accident, roadside assistance & wellness cover also covers cosmetic reconstructive surgery benefit & more due to an unexpected accident and more.
Coverage Amount you are covered
Damage to third party property: $5,000,000
Personal accident benefits: $50,000
Towing service: $500
(Loss or Damage to your: Market value at the time of loss
vehicle from accidental causes)
Address: Not available
Contact: Not available
sgCarMart
If sgCarMart is your insurer for car insurance, then you get 25% cheaper car insurance; aside from some of the cheapest Car & motor insurance plans available in Singapore, their services also come with a range of benefits such as: enjoy NCD discount if you have not made any claims, even you get an NCD protector to protect your NCD, they work only with top motor insurers and more. By seeking their benefits, no doubt, sgCarMart is also one of the best car insurance companies in Singapore.
Address: SGCM Pte. Ltd, 61 Ubi Ave 2, Automobile Megamart#07-05/06 S(408898)
Contact: 6744 1514
MSIG Car Insurance
MSIG Car Insurance companies in Singapore provide comprehensive coverage of insured vehicles against accidental loss or Damage, accident repairs at an authorised agent’s workshop or a workshop of your choice, and medical expenses for the policyholder, authorised driver or passenger(up to legal seating capacity). If MSIG car insurance is your insurer, then you have more benefits such as Comprehensive Coverage of insured vehicle against accidental loss: Market value of the insured vehicle at the time of loss or damage, Liability to third parties: death or bodily injury to any person: unlimited, Damage to property: $5,000,000, Medical expenses: Policyholder: Up to $1,000, authorised driver or passenger(up to legal seating capacity): Up to $1,000 each and more.
Address: 4 Shenton Way #21‑01 SGX Centre 2 Singapore 068807
Contact: +65 6827 7602
InsureMy Car
InsureMy Car specialises in new/renewal of motor insurance. You enjoy lower prices, higher benefits and more personalised services. You could pay the premiums on a 0% interest instalment plan(up to 12 months) with your DBS/POSB or UOB credit cards when you insure with them.
Address: My Mail Box (Business) No. 880336, Singapore 919191
Contact: 6469 3912
Accord Insurance Agency
If you are excited about getting a cheap car insurance policy, contact them today. They offer the best insurance quotes to their customers; thanks to their services, you can get the best insurance policies at the most affordable rates. They also offer interest-free instalment plans; with their car insurance Singapore-based policies, you are guaranteed the best prices.
Address: 18 Sin Ming Lane #05-13 Midview City Singapore 573960
Contact: 6469 3922
Meta Agency PTE
When your insurer is Meta Agency PTE car insurance companies in Singapore, it covers nearly everything that can happen to a car, such as accident, burglary & injury to a third party. So, for example, if a car catches on fire or is stolen, the insured will be covered; if you have not claimed for a year or more, you are entitled to a no-claim discount of 10% each year to a max of 50% & more.
Address: Not available
Contact: +65 6334 6210
DirectAsia
If you are seeking the best car insurance companies in Singapore, look no further; DirectAsia is the best for your auto insurance, with guaranteed cost savings. Here you can customise your car insurance policy to your needs and select a plan that fits your budget.
Address: 20 Anson Road, #08-01, Singapore 079912
Contact: 6665 5555
You can also check out the Best Motorcycle Insurance in Singapore
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