Compare Singapore's Best Car Insurance Quotes Online And Save Up To $620*


Searching for the best car insurance in Singapore does not have to be a hassle anymore.

At MoneySmart, we help you compare car insurance quotes online from our comprehensive list of car insurance partners.

MoneySmart Financial is a MAS Licensed General Insurance Broker partnering with a list of 10 different insurance partners.

Get the best
Car Insurance Quotes In Singapore With 3 Easy Steps!

1

Provide us with your car details.

We'll ask you for details about your car (make, model, etc) so we know exactly what car insurance you need.

2

Compare car insurance quotes.

View a comparison of the best car insurance quotes based on price and features (NCD protection, personal accident coverage, medical excess etc).

3

Get covered!

Click to apply for the best car insurance policy that suits your needs. Or, call our specialists for advice on the cheapest or most comprehensive policies.

Which
Car Insurance Policy
Has The Best Coverage?

No idea which insurer will give you the car insurance coverage you need? Policies and premiums may differ depending on the type of coverage you require. Here's some information to get you started.

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What type of insurance coverage is important to you?

Cheap & Basic Coverage
Insurers you might want to consider
FWD
MSIG
HLA
FWD
Roadside Assistance
Most Extensive Coverage
Customisable Car Insurance Plan
No-Claim Discount (NCD) Protector

Insurers you might want to consider

FWD
MSIG
HLA
FWD

How To Get The Cheapest Car Insurance Premiums


3 tips to lower your car insurance premiums.

  1. Don't auto-renew your car insurance.

    Over a third of drivers in Singapore lose out on potential savings with their car insurance premiums due to auto-renewals with their current provider. As an existing policy holder, you may not always be given the best premiums for the next year of coverage. Don't make the mistake of feeling pressured to auto-renew car insurance due to lack of information or time.

  2. Compare at least 3 car insurance quotes.

    Our car insurance study* revealed that MoneySmart customers can save up to $620 on their annual premiums when they compare car insurance quotes before purchasing a policy. Insurance providers focus on different coverage benefits, so compare the various quotes based on the coverage you need and the premium it will cost.

  3. Increase your policy excess.

    You can pay a lower premium by increasing the insurance excess on your policy. The excess is basically the amount of money you have to fork our from your own pocket before the insurance provider will cover the rest of the cost, in the event of an accident. Your policy quote will have a standard excess amount stipulated as a requirement, and you can offer to increase that amount of excess for a lower premium.

Car Insurance 101

What you need to know.

If you own a car in Singapore, car insurance or motor insurance is compulsory but doesn’t come cheap.

Our free car insurance calculator will help you find the best and cheapest price on the market.

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What exactly does car insurance cover?

Good on you for asking this! Most Singaporeans buy car insurance just because it's compulsory here, without even knowing what it covers.

When you own a car, dangers lurk around every corner. Apart from the ever-present threat of a car accident, your car may be stolen by car thieves, even burnt in a fire. As most car owners would know, repairing such extensive damage can be extremely expensive.

Car insurance is meant to cover such scenarios. You pay an annual premium for the assurance that the insurer will foot most of your car repair workshop bill if these things happen.

Another potential cost for that car drivers seldom think about is a financial liability to third parties.

Put simply, if you get into an accident and are sued for damage to another person or their property, car insurance will pay out some or all of the bill.

What People Are Saying About MoneySmart

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Meet Our Team


We get you the best car insurance in Singapore.

With an average of 10 years’ experience in the insurance and customer service industry, rest assured that our friendly specialists will provide you with the best car insurance deal in the market.

jack

General Insurance Lead

joseph

General Insurance Specialist

aaron

General Insurance Specialist

jiayang

General Insurance Specialist

Frequently Asked Questions

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MoneySmart's Participating Insurers

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Disclaimer:*MoneySmart.sg is an insurance comparison platform that helps you discover the best insurance quotes from multiple insurers according to your needs. MoneySmart Financial is a licensed Broker governed by the Monetary Authority of Singapore. We set out to carefully provide you assistance regarding any General Insurance related advice or purchase.