7 Best Motorcycle Insurance in Singapore 2024

Best Motorcycle Insurance in Singapore

If you want to be safe, always ensure your beloved ride. You should choose motorcycle insurance companies that offer the best coverage in Singapore if you do so. It is not something you want to leave to chance when it comes to motorcycle insurance. It is not uncommon for motorcycle accidents to occur every year, and motorcycle insurance protects you financially in the event of an accident. You may want to consider these top motorcycle insurance providers in Singapore if motorcycle insurance Singapore is new to you or if you are shopping around for the first time. This article consists of the seven best Motorcycle Insurance Singapore. 

Best Motorcycle Insurance in Singapore

Insurances
Affordability
Benefits
Total
Farmers Insurance
8.5
8
8.25/10
FWD Insurance
8
8
8/10
NTUC Income
9
9
9/10
Etiqa
7
7.5
7.25./10
Markel
10
10
10 /10
Sompo
7
7
7/10
Direct Asia Insurance
9
9.5
9.25/10

Farmers Insurance

Score:8.25/10

 

Farmers Insurance

Farmers Insurance is an excellent choice for a motorcycle insurance company in Singapore. The customers here may benefit from some excellent rates. It covers motorbike insurance and home and life premiums. The bundle also gives riders a discount. In addition, farmers Insurance provides medical payment and reimbursement, motorcycle equipment replacement, and home repair in the event of a loss.

Benefits:

  • 3rd Party Injury/Death Liability
  • 3rd Party Damage Coverage
  • Safety Apparel
  • Collision Coverage

Contact: farmers.com

FWD Insurance

Score:8/10

 

FWD Insurance

FWD Insurance is an ideal choice for motorcycle insurance in Singapore. The company provides the greatest quotations for a premium price and return on investment. In addition, they have one of the lowest motorbike insurance premiums in Singapore. A 24-hour roadside assistance system is even available without added expense. Moreover, it is one of the best motorcycle insurance available in Singapore regarding emergencies and urgent issues. 

Benefits:

  • 3rd Party Injury/Death Liability
  • 3rd Party Damage Coverage
  • Emergency Assistance
  • Motorcycle Damage/Loss – market value + excess

Where: 6 Temasek Blvd, 18-01, Suntec Tower 4, Singapore 038986

Contact: +65 6820 8888

When to visit:

  • From Mon- Fri: 9 am – 6 pm
  • On Sat & Sun: Closed

NTUC Income

Score:9/10

 

NTUC Income

NTUC Income is the most commonly used motorcycle insurance in Singapore. The company provides cost-effective insurance for motorcyclists under 30, which is half the usual rates for 25-year-olds. It also includes Orange Force, a 24/7 emergency response unit that ensures the security and assistance of riders. Furthermore, the NTUC Income also has certain perks for drivers under 22. These are discussed during consultation to ensure exclusivity.

Benefits:

  • 3rd Party Injury/Death Liability
  • 3rd Party Damage Coverage
  • Motorcycle Damage/Loss

Where:  53 Ang Mo Kio Ave 3, #03-18/19, Singapore 569933

Contact:  +65 6788 1777

When to visit:

  • On Mon, Tues, Thurs & Fri: 10 am – 6:30 pm
  • On Wed: 10 am – 4:30 pm
  • On Sat & Sun: 10 am – 4 pm

Etiqa

Score:7.25/10

 

Etiqa

Etiqa is a widely known motorcycle insurance in Singapore. The company enable the motorcyclist to choose from various premium features. In addition, it helps the customers to decide which perks best suit their budget by guiding them through the options. With their packages created, the riders feel entirely safe since Etiqa provides tailored insurance with the highest premiums. They also offer security plans digitally, which has convinced many people to consider them one of Singapore’s finest motorcycle insurance providers.

Benefits:

  • Provides customised insurance with the most acceptable premiums
  • Legal Cost
  • 3rd Party Injury/Death Liability
  • 3rd Party Damage Coverage

Where:  Contact for details

Contact: +65 6887 8777

When to visit:

  • From Mon- Fri: 8:30 am – 5:30 pm
  • On Sat & Sun: Closed

Markel

Score:10/10

 

Markel

Markel is one of the finest choices for motorcycle insurance in Singapore. Riders can select premiums that cover all motorcycle types.

Furthermore, it provides up to 35% NCD under the package availed. In addition, the company offers discounts which consist of anti-lock brakes and anti-theft alarms.

Benefits:

  • 3rd Party Injury/Death Liability
  • 3rd Party Damage Coverage
  • Funeral Expense
  • Accessory Coverage
  • Customised Road Mapping Service

Where: 138 Market St, #04-02 CapitaGreen, Singapore 048946

Contact:  +65 6388 3000

When to visit:

  • From Mon- Fri: 9 am – 6 pm
  • On Sat & Sun: Closed

Sompo

Score:7/10

 

Sompo

Sompo is famous insurance for motorcycles in Singapore. It protects customers and their bikes against third-party claims for death or bodily harm, property damage, and the loss or damage of the bike due to fire, theft, or accident. It offers third-party property damage insurance, ensuring that you are adequately protected in the event of an accident.

Benefits:

  • Coverage for third-party Property Damage
  • provides up to 4 pax of additional rider
  • Offers repair option

Where: 50 Raffles Pl, #03-03 Singapore Land Tower, Singapore 048623

Contact:  +65 6461 6555

When to visit:

  • From Mon- Fri: 8:30 am – 5:30 pm
  • On Sat & Sun: Closed

Direct Asia Insurance

Score:9.25/10

 

Direct Asia Insurance

Direct Asia Insurance is a fantastic choice for motorcycle insurance in Singapore. It provides a beautiful premium to safe riders and raises the maximum NCD benefit from the usual 20% to 30%. It is a fantastic bargain with plenty of incentives to support safe driving. The company also include towing coverage in the case of accidents.

Benefits:

  • Motorcycle Damage/Loss – market value
  • Emergency Assistance + excess
  • 3rd Party Injury/Death Liability
  • 3rd Party Damage Coverage

Where:  16 Raffles Quay, #39-01 Hong Leong Building, Singapore 048581

Contact:  +65 6665 5555

When to visit:

  • From Mon- Fri: 9 am – 6 pm
  • On Sat & Sun: Closed

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