Updated May 2026: Compare Singapore’s best car insurance plans side-by-side. From cheap premiums to comprehensive EV coverage, we analyse across insurers such as Singlife, Income, and MSIG to find the right protection for your budget.
Get free quoteMotor insurance in Singapore protects drivers against financial losses arising from road accidents, vehicle damage, theft, fire, and third-party liability claims.
Under Singapore law, all vehicle owners must maintain at least third-party liability coverage for bodily injury, death, and property damage throughout the vehicle’s road tax period.
Motor insurance may also include comprehensive accident coverage, roadside assistance, personal accident benefits, overseas driving protection, windscreen coverage, and EV-specific benefits.
Motor insurance is mandatory in Singapore
You must have a valid motor insurance policy to cover third-party liability for bodily injury and deaths. It is compulsory for all vehicles in Singapore to be insured for the whole road tax renewal period.
Explore the best car insurance plans in Singapore based on key features such as young driver eligibility, roadside assistance, EV coverage, and comprehensive protection, then compare insurer benefits in detail.
For young drivers: Singlife Prestige
24/7 Roadside assistance: AIG, Allianz, DirectAsia, Income, MSIG, Singlife, China Taiping, Etiqa, EQ, Singtel
Most comprehensive: Allianz, MSIG, Income, AIG, China Taiping, Etiqa, EQ, Singtel
Electric Vehicles (EVs): Allianz, AIG, ECICS, Etiqa, Income, Liberty
The comparison below outlines key features across major insurers, including roadside assistance, towing limits, personal accident benefits, courtesy car coverage, and unique add-ons. This helps you evaluate coverage differences before choosing a plan.
| Insurer & plans | Features |
| AIG – AutoValue / AutoPlus / AutoPlan | Roadside assistance: AutoValue / AutoPlus only Towing (accident): Up to $300 (AutoPlan) / $500 (AutoValue / AutoPlus) Towing (breakdown): AutoValue / AutoPlus only PA – policyholder: $20K (AutoPlan) / $50K (AutoValue / AutoPlus) PA – passenger: $10K (all plans) Key replacement: Up to $800 Loss of use: Unlimited (AutoPlus) / 10 days (AutoValue) / Optional add-on (AutoPlan) Unique features: |
| Allianz – Motor Protect | Roadside assistance: 24/7 (comprehensive plan) Towing (accident): Up to $500 Towing (breakdown): Up to $500 PA – policyholder: Optional add-on – $50K (death / permanent disability) PA – passenger: Optional add-on – $25K (death / permanent disability); medical up to $1K Key replacement: Not included Loss of use: Courtesy car up to 10 days ($250/day rental limit) Unique features: |
| China Taiping – AutoExcel / AutoSafe | Roadside assistance: 24/7 via FLASH (30-min on-scene response) Towing (accident): Up to $300 Towing (breakdown): Via FLASH network PA – policyholder: $50K (death / total disability) PA – passenger: Not specified Key replacement: Not included Loss of use: Up to $100/day, max 10 days (claim-related repairs) Unique features: |
| DirectAsia – Comprehensive | Roadside assistance: Optional add-on (24 Hour Breakdown Assistance) Towing (accident): Up to $200 (Singapore) / $500 (overseas) Towing (breakdown): Optional add-on only PA – policyholder: Optional add-on PA – passenger: Not included Key replacement: Not included Loss of use: Optional add-on Unique features: |
| ECICS – Private Motor | Roadside assistance: Not stated Towing (accident): Up to $300 (to authorised workshop) Towing (breakdown): Not stated PA – policyholder: $50K (death / major disability) PA – passenger: Medical expenses up to $500/person Key replacement: Not included Loss of use: $50/day up to 10 days (if included per schedule) Unique features: |
| EQ – Private Motor | Roadside assistance: Not stated Towing (accident): Up to $500 (to nearest repairer) Towing (breakdown): Not stated PA – policyholder: $50K (death / major disability) PA – passenger: Not covered under PA section Key replacement: Not included Loss of use: Not included Unique features: |
| Income – Drivo | Roadside assistance: Orange Force (on-scene accident response team) Towing (accident): Up to $500 Towing (breakdown): Optional – Roadside Assistance & Wellness Cover (up to $200 reimbursement/year) PA – policyholder: $50K PA – passenger: Included Key replacement: Not included Loss of use: Optional add-on – $50 or $100/day, up to 7 days, first 2 claims/year Unique features: |
| Liberty – Private Car | Roadside assistance: 24/7 Towing (accident): Up to $300 Towing (breakdown): Up to $300 (included in 24/7 roadside assistance) PA – policyholder: $50K PA – passenger: Medical expenses up to $1K/person Key replacement: Not included Loss of use: Rental car up to 5 days (1.6L) Unique features: |
| MSIG – MotorMax / MotorMax Plus | Roadside assistance: 24/7 Auto Assistance Helpline (towing, roadside, locksmith, repatriation) Towing (accident): Included in 24/7 assistance Towing (breakdown): Included PA – policyholder: $20K (MotorMax) / $100K (MotorMax Plus) PA – passenger: $10K each (MotorMax) / $50K each (MotorMax Plus) Key replacement: Up to $250 (MotorMax Plus only) Loss of use: Not covered (MotorMax) / $60/day up to 10 days (MotorMax Plus) Unique features: |
| Singlife – Car Insurance (Lite / Standard / Prestige) | Roadside assistance: Emergency breakdown assistance (all tiers) Towing (accident): Unlimited towing to nearest accident reporting centre Towing (breakdown): Included PA – policyholder: $50K (Lite) / $100K (Standard / Prestige); optional additional PA up to $100K PA – passenger: Included; additional PA cover optional Key replacement: Optional add-on – up to $500 Loss of use: Optional add-on – replacement car 1.6L / $80/day transport allowance, up to 10 days Unique features: |
| Singtel Car Protect (GE) | Roadside assistance: Not stated Towing (accident): Up to $300 Towing (breakdown): Not stated PA – policyholder: $120K (death) / up to $60K (disability) PA – passenger: $50K (death) / up to $25K (disability) Key replacement: Not included Loss of use: Not included Unique features: |
| Tiq – Private Car | Roadside assistance: 24/7 in West Malaysia; not stated for Singapore Towing (accident): Up to $200 Towing (breakdown): Not stated PA – policyholder: Up to $50K PA – passenger: Medical expenses up to $2K Key replacement: Not included Loss of use: $50/day up to 5 days (repairs exceeding 3 days, authorised workshops only) Unique features: |
Source: AIG, Allianz, China Taiping, DirectAsia, EQ, Etiqa, Income, MSIG, Singlife, Singtel
The comparison below outlines key features across major insurers for electric vehicles.
Based on Planner Bee data, EV insurance premiums are on average 20% higher due to increased repair costs.
| Insurer & Plan | Features |
| AIG – EV AutoPlus | Roadside assistance: 24/7 (included) Towing (accident): Up to $500 Towing (breakdown): 24/7 (included) PA – policyholder: Per policy schedule (% of sum insured); also covers PA when travelling in public transport PA – passenger: $10K each Key replacement: Up to $800 Loss of use: Courtesy car 1,800–2,000cc, up to 14 days Unique features: |
| Allianz – Electric Motor Protect | Roadside assistance: 24/7 (accident and breakdown) Towing (accident): Up to $500 Towing (breakdown): Up to $500 PA – policyholder: Optional add-on – $50K (death / permanent disability) PA – passenger: Optional add-on – $25K (death / permanent disability); medical up to $1K Key replacement: Not included Loss of use: Courtesy car up to 10 days OR $50/day transport allowance up to 10 days (choose one) Unique features: |
| ECICS – Private Motor (EV) | Roadside assistance: Add-on – 24/7 towing to nearest charging station (Singapore and Malaysia) Towing (accident): Up to $300 (to authorised workshop) Towing (breakdown): Add-on – towing to nearest charging station if battery runs out PA – policyholder: $50K (death / major disability) PA – passenger: Medical expenses up to $500/person Key replacement: Not included Loss of use: $50/day up to 10 days (if included per schedule) Unique features: |
| Income – eDrivo | Roadside assistance: Orange Force (on-scene accident response team) Towing (accident): Up to $500 Towing (breakdown): Emergency Mobile Rescue – DC fast charge up to 20% at scene (1x per year); roadside assistance optional add-on (up to $200/year) PA – policyholder: $100K (death / permanent disability) PA – passenger: $50K each (death / permanent disability) Key replacement: Not included Loss of use: Optional add-on – $50 or $100/day, up to 7 days, first 2 claims/year Unique features: |
| Liberty – InsureMyTesla | Roadside assistance: 24/7 Towing (accident): Up to $300 Towing (breakdown): Up to $300 (included in 24/7 roadside assistance) PA – policyholder: Up to $100K PA – authorised driver: Up to $20K PA – passenger: Up to $10K Key replacement: Not included Loss of use: $100/day up to 10 days (max $1,000 per accident) Unique features: |
| MSIG – MotorMax / MotorMax Plus | Roadside assistance: 24/7 Auto Assistance Helpline (towing, roadside, locksmith, repatriation) Towing (accident): Included in 24/7 assistance Towing (breakdown): Included; emergency EV towing (MotorMax Plus only) PA – policyholder: $20K (MotorMax) / $100K (MotorMax Plus) PA – passenger: $10K each (MotorMax) / $50K each (MotorMax Plus) Key replacement: Up to $250 (MotorMax Plus only) Loss of use: Not covered (MotorMax) / $60/day up to 10 days (MotorMax Plus) Unique features: Note: EV benefits are included within the standard MotorMax Plus plan; not a standalone EV product |
| Singlife – Car Insurance (Lite / Standard / Prestige) | Roadside assistance: Emergency breakdown assistance + EV-specific towing if battery runs out (all tiers) Towing (accident): Unlimited towing to nearest accident reporting centre Towing (breakdown): Included; EV towing when battery runs out PA – policyholder: $50K (Lite) / $100K (Standard / Prestige); optional additional PA up to $100K PA – passenger: Included; additional PA cover optional Key replacement: Optional add-on – up to $500 Loss of use: Optional add-on – replacement car 1.6L or electric (up to 15 days for EV total loss) / $80/day transport allowance up to 10 days Unique features: |
| Singtel Electric Car Protect (GE) | Roadside assistance: Towing/roadside for flat tyre, flat battery, or accident damage (up to $300) Towing (accident): Up to $300 Towing (breakdown): Up to $300 (flat tyre or flat battery covered) PA – policyholder: $120K (death) / up to $60K (disability) PA – passenger: $50K (death) / up to $25K (disability) Key replacement: Not included Loss of use: Not included Unique features: |
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Singapore motor insurance policies are generally divided into three categories: Third-Party Only (TPO), Third-Party, Fire and Theft (TPFT), and Comprehensive insurance.
Each policy type offers a different level of protection, depending on the driver’s vehicle value, risk exposure, and coverage needs.
Drivers should compare policy scope, repair coverage, liability protection, and additional benefits before selecting a suitable motor insurance plan
Third-Party Only (TPO) provides the most basic level of motor insurance coverage in Singapore. This policy covers damage or injury caused to third parties, including third-party vehicles, property, bodily injury, or death, if the insured driver is found liable for an accident. However, TPO does not cover damage to the insured vehicle or the driver’s own repair costs.
TPO is commonly considered for older vehicles nearing the end of their Certificate of Entitlement (COE) because owners may prefer replacing or scrapping the vehicle instead of paying for expensive repairs after an accident.
Similar to TPO, Third-Party, Fire and Theft (TPFT) policy also provides liability Third-Party, Fire and Theft (TPFT) includes all third-party liability coverage provided under TPO insurance, while also covering loss or damage caused by vehicle fire or theft. However, TPFT does not cover accidental damage to the insured vehicle resulting from collisions or self-caused accidents.
TPFT may suit drivers of older vehicles who want broader protection than TPO coverage without paying for a full comprehensive policy.
Comprehensive provides the broadest level of motor insurance protection in Singapore. In addition to third-party liability, fire, and theft coverage, comprehensive policies also cover accidental damage to the insured vehicle, including repair or replacement costs after an accident.
Depending on the insurer and policy selected, comprehensive motor insurance may also include:
Comprehensive insurance is generally recommended for newer vehicles, financed cars, higher-value vehicles, and drivers seeking broader financial protection.
When it comes to selecting a motor insurance policy, here are some of the main factors you should bear in mind:
The excess is the amount a driver must pay out-of-pocket before the insurer covers the remaining claim amount. For example, if a policy has an excess of $1,000 and the repair claim totals $3,000, the driver pays $1,000 while the insurer covers the remaining $2,000.
Higher excess amounts may reduce annual car insurance premiums because the driver assumes a greater share of claim costs. Drivers should compare standard excess, young-driver excess, inexperienced-driver excess, and named-driver excess before selecting a motor insurance policy.
Many car insurance policies in Singapore require repairs to be completed at authorised workshops approved by the insurer. Drivers who prefer flexibility in choosing their own repair workshop should compare policies that allow repairs outside the insurer’s authorised network.
Policies offering non-authorised workshop options may carry higher premiums due to increased repair-cost variability and insurer risk exposure.
Drivers looking for emergency support after an accident or vehicle breakdown should compare policies offering 24/7 roadside assistance.
Depending on the insurer, roadside assistance may include:
This feature may be especially valuable for inexperienced drivers and drivers who travel frequently between Singapore and Malaysia.
Drivers who regularly drive into Malaysia should compare overseas car insurance coverage carefully. Most Singapore motor insurers provide coverage within standard geographical territories such as West Malaysia and Southern Thailand.
Before purchasing a policy, drivers should review:
Drivers who regularly share their vehicle with family members or other drivers should consider adding named drivers to the policy. Named-driver coverage generally extends the same policy protection to additional authorised drivers.
However, premiums may increase if the named driver is young, inexperienced, or considered higher risk by the insurer
Motor insurance premiums in Singapore are typically calculated using risk-based pricing models. Insurers assess multiple factors to estimate the likelihood and cost of future claims rather than relying solely on the vehicle’s market value.
Common risk factors include:
Drivers with previous accidents, pending claims, or higher-risk profiles may face higher premiums. However, if a driver is ultimately found not liable for an accident, some insurers may adjust premiums or provide refunds accordingly.
Understanding how insurers calculate premiums can help drivers identify practical ways to lower insurance costs without reducing essential protection.
Drivers should select motor insurance coverage based on the vehicle’s age, market value, COE duration, and financing status. Older vehicles nearing the end of their COE period may not require comprehensive insurance, while newer or financed cars generally benefit from broader protection against repair and replacement costs.
Third-Party Only (TPO) or Third-Party, Fire and Theft (TPFT) insurance may provide more cost-effective coverage for older vehicles with lower resale value.
As mentioned earlier, motor insurers in Singapore may offer lower premiums when drivers choose a higher policy excess. Drivers should balance premium savings against affordability during an accident claim to avoid excessive out-of-pocket expenses.
Maintaining a claim-free driving record can significantly reduce car insurance premiums through No-Claim Discounts (NCD). Most Singapore insurers offer NCD savings of up to 50% for drivers with no accident claims.
Drivers should evaluate whether minor repair costs are worth claiming, especially when repair costs are close to the policy excess amount, as filing claims may reduce future NCD savings.
Car insurance premiums and policy benefits vary across insurers in Singapore. Drivers who compare multiple insurers before renewal may avoid overpaying for similar coverage.
Optional add-ons such as courtesy car benefits, enhanced roadside assistance, or specialised riders may increase annual premiums unnecessarily if they do not match the driver’s needs or driving habits. Reviewing policy add-ons regularly can help drivers optimise coverage while controlling insurance costs.
Drivers involved in a car accident in Singapore should prioritise safety, document the incident, and report the accident to their insurer promptly. Taking the correct steps after an accident may help prevent claim disputes and ensure smoother claims processing.
After an accident:
Drivers who need claims assistance can also refer to Planner Bee’s claims help resources for insurer contact details, accident reporting guidance, and support information across major Singapore motor insurers.
What makes Planner Bee different
✔️ Compare plans across 20+ insurers & 500+ products
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✔️ Transparent, pressure-free recommendations
✔️ Plain-English explanations (no jargon, no scare tactics)
✔️ Support before, during, and after claims
Motor insurance helps protect Singapore drivers against third-party liability claims, vehicle damage costs, accident-related expenses, property damage claims, repair and replacement costs. With suitable motor insurance coverage, drivers can reduce financial exposure arising from road accidents and related claims.
Planner Bee also provides claims assistance support to help drivers manage accident reporting and insurer communication more efficiently.
