facebookWhat is the best car insurance in Singapore that I can purchase? - Seedly

Linda Veloz

09 Jul 2020

Insurance

What is the best car insurance in Singapore that I can purchase?

Hi,
I am Linda from USA. I am looking for the best car insurance here in Singapore because I am going to expatriate to Singapore next year.
Thanks !

Discussion (4)

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Hi Linda, I was researching on car insurance for my car and chance upon your post. Well, most car insurance are similar from i see.

Cut to the chase, I've found a good deal from Singtel website:

https://www.singtel.com/personal/products-servi...

after some reading I've found out that the car insurance is underwritten by Great Eastern. Meaning Singtel had tie up with Great Eastern on this.

Here's best part which I've found, they are currently running on a promo with $350 worth of petrol vouchers. Which means after my NCD(No Claim Discount) my cost for car insurance will go down alot (Coupled with the vouchers provided). You can check out this deal on the link above. Not too sure when it will end, but I'm going to get it now in case this deal ran out.

You can use comparison platforms to help you find the "best" insurance suited to your needs. You can filter results by:

  • Price

  • Comprehensiveness

  • Customer reviews

For some individuals, "best" might be the lowest priced policy, while for others "best" is the most comprehensive plan available.

Personal car insurance comparison:

  1. https://www.gobear.com/

  2. https://www.moneysmart.sg/

  3. https://www.motorist.sg/car-insurance

Personal car insurance direct:

  1. https://www.budgetdirect.com.sg/

  2. https://www.fwd.com.sg/car-insurance/

Generally, I've found that direct insurance companies like Budget Direct or FWD tend to offer better rates than traditional insurance companies. You can use the comparison sites to look at rates from traditional insurance companies versus the online insurers.

Commercial car insurance:

  1. Compare commercial vehicle insurance here. Save up to 25% on premiums when you use Provide.

Helloo!! i think it depends on what you look for in the insurance plan. You might want to consider l...

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