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Best Travel Insurance For Year-end Road Trips

According to the latest study featured on the Singapore Business Review (SBR), over 42% of Singaporeans polled said they would spend more on travel in 2023, and half of Singaporean travellers polled are keen to explore more international destinations, and that includes road trips.


Whether it is a road trip to a nearby spot in Malaysia or within your travel destination, hiring or renting a car is becoming increasingly popular among Singaporeans. Just make sure to get your travel insurance and car rental insurance before your trip!

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Common Situations Valid For Road Trip Travel Insurance Claims

While overseas road trip travel claim benefits differ from insurer to insurer, there are some widely accepted reasons that would be covered by most travel insurance companies. Death or serious illness/injury (happen to you, your spouse, child or travelling companion) is among the most widely accepted reasons for overseas road trips travel claims, which all insurers will cover.


Other commonly accepted reasons which you or your travel companion can claim for include:

Trip cancellation or interruption

If you must cancel or cut short your road trip due to circumstances covered by your policy, such as illness, the passing of a family member, inclement weather, or a travel provider's financial troubles, you may qualify for reimbursement of non-refundable expenses like hotel bookings, car rentals, and flights. Note that for most travel insurance claims, whatever the reason is for cancelling your trip, the reason must occur within 30 days of your departure.

Medical emergencies

In the event that you or one of your fellow travellers encounters a medical emergency while on the road necessitating medical care, your road trip insurance can cover medical expenses, including doctor visits, hospitalisation, and prescription medications.

Emergency evacuation

If you find yourself in a remote location and require an emergency medical evacuation, road trip travel insurance can cover the associated costs, including transportation to the nearest medical facility.

Rental vehicle excess cover

Many road trip insurance plans include coverage for rental cars that can be part of your plan or come as a separate add-on option. This coverage can encompass vehicle damage or theft, providing particular value when utilising a rental car for your journey.

Personal liability

In the event that you are held legally responsible for causing harm or damage to others during your road trip, your insurance can provide coverage for legal and liability-related expenses. Do note that to be considered for your claim, you or your fellow insured party must hold a valid driver's licence and not be engaged in any form of speeding or under the influence of alcohol, drugs, or any substance abuse, during the accident.

Accommodation cancellation

If your prearranged lodging becomes unavailable due to unforeseen circumstances like a road accident while travelling overseas, overbooking or property damage, road trip insurance may cover the expenses associated with securing alternative accommodations.

Roadside assistance

Numerous road trip insurance policies come with roadside assistance services to aid you in situations like car breakdowns, flat tires, fuel shortages, or the need for towing, offering you peace of mind throughout your adventure.

Trip delay

If your road trip experiences a delay due to covered reasons, such as flight delays, traffic accidents, or severe weather conditions, you may qualify for reimbursement of additional expenses incurred during the delay, such as lodging and meals.

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9 Tips On Driving Safely During Road Trips

Make it a priority to acquaint yourself with the traffic regulations, road signs, and driving customs specific to the country you're visiting. Additionally, being familiar with cross-border fees and requirements can streamline your border crossings. You can ensure you have the correct documentation and payments ready, reducing delays and making your road trip more efficient. Taking note of cross-border fees also enables you to plan for these expenses in advance. You can exchange currency, have the necessary payment methods, or budget for these fees.
Check whether you are required to have an International Driving Permit (IDP) alongside your regular driver's licence for driving in a foreign country. An International Driving Permit (IDP) is usually required for Singaporeans to drive in certain countries, as it is illegal to drive without an original IDP. If you forget to apply for one, car rental companies won’t rent cars to you.
Familiarise yourself with the local road conditions, weather patterns, and potential hazards to better plan your route and driving strategy.
Confirm that your insurance, whether it's from your car rental or personal policy, provides coverage for international travel. It is important to note that in some rental car insurance policies, specific susceptible components of the rental vehicle, such as tires, roof, windshields, and the underside, might not be covered by the company's Collision Damage Waiver. Consequently, if any damage occurs to these components, you may be responsible for covering an excess amount.
Take the time to comprehend the controls and features of your rental car, paying special attention to any differences when driving on the opposite side of the road, if applicable. In certain countries in the world, drivers drive on the left side of the road and the steering wheel is designed to be on the right side of the car. This means there are more things you’ll have to take note of.
Have access to a reliable GPS device or smartphone apps like Google Maps or Maps.me with international data capabilities for navigation. It's also advisable to carry physical maps as a backup in case of technical issues, or travelling to somewhere with no internet connection.
Whenever possible, restrict your driving to daylight hours, particularly in unfamiliar areas, as nighttime driving presents challenges due to reduced visibility and increased risks.

Stay updated on local traffic updates and road conditions, especially in areas prone to unpredictable weather or heavy traffic. Google Maps layers offer various features that can be immensely helpful when planning road trips overseas.


For example, the "Traffic Layer" which provides real-time traffic information, helps you anticipate congestion or roadblocks, allowing for better route planning, and the "Terrain Layer" which displays the natural landscape and terrain, aids in understanding elevation changes, mountains, or other geographical features that might impact your route. Radio stations and traffic apps can also provide this valuable information.

Plan your route well in advance, incorporating rest stops and accommodations. Avoid extended periods of continuous driving and take regular breaks to remain alert and prevent driver fatigue.

Best Travel Insurance For Your Year-end Holiday

MoneySmart Exclusive
Most efficient claims for flight delay
MoneySmart Exclusive
Most efficient claims for flight delay

Tiq Savvy

Med. Coverage (Overseas)
S$500,000
Travel Cancelation
S$5,000
Loss/Damage of Baggage
S$2,000
Total Premium
Total PremiumS$3445% Off
S$18.70

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• Enjoy 45% off your Single Trip policy premium and 60% off Covid-19 add-on for Annual Plans. T&Cs apply
• Get S$10 iShopChangi e-voucher with every policy purchased. T&Cs apply.
 
[Etiqa's 10th Year 2024 Grand Draw]
Stand a chance to win S$10,000 cash or a Singapore Mint Lunar Dragon 1 gram 999.9 fine gold medallion (worth S$173) with eligible Etiqa/Tiq by Etiqa plans purchased. T&Cs apply.

Valid until 21 May 2024
MoneySmart Exclusive
$35,000 Lucky Draw | Best Value Plan
MoneySmart Exclusive
$35,000 Lucky Draw | Best Value Plan

Starr TraveLead Essential Bronze

Med. Coverage (Overseas)
S$200,000
Trip Cancellation
N/A
Loss/Damage of Baggage
N/A
Total Premium
Total PremiumS$20.2858% Off
S$8.52

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• Enjoy an exclusive 58% off your policy premium for a limited time only! Valid till 20 May 2024.
• Get an Eskimo Global 1GB eSIM with every policy purchased.
• Additionally, receive up to S$20 iShopChangi e-voucher with eligible premiums spent. T&Cs apply.
 
BONUS:
For a limited time only, there are over S$11,000 worth of prizes to be given away in our Grand Draw.
Stand a chance to score:
1x Rolex Oyster Perpetual - 124200 34mm Silver (worth S$9,000)
1x Samsonite Robez 68/25 EXP (worth S$550) weekly
 
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Valid until 20 May 2024
MoneySmart Exclusive
$35,000 Lucky Draw | New Trip Cancellation Add-on
MoneySmart Exclusive
$35,000 Lucky Draw | New Trip Cancellation Add-on

FWD Business

Med. Coverage (Overseas)
S$500,000
Trip Cancellation
S$10,000
Loss/Damage of Baggage
S$5,000
Total Premium
Total PremiumS$29.0725% Off
S$21.80

[Win a Rolex, Samsonite Luggage & More! | MoneySmart Exclusive]
 
• Enjoy 25% off your policy premium
• Get S$20 iShopChangi e-voucher and Eskimo Global 1GB eSIM with every policy purchased. T&Cs apply.
 
BONUS:
For a limited time only, there are over S$11,000 worth of prizes to be given away in our Grand Draw.
Stand a chance to score:
1x Rolex Oyster Perpetual - 124200 34mm Silver (worth S$9,000)
1x Samsonite Robez 68/25 EXP (worth S$550) weekly
 
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Valid until 21 May 2024
MoneySmart Exclusive
$35,000 Lucky Draw | Most Comprehensive
MoneySmart Exclusive
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MSIG TravelEasy Standard

Med. Coverage (Overseas)
S$250,000
Trip Cancellation
S$5,000
Loss/Damage of Baggage
S$3,000
Total Premium
Total PremiumS$3845% Off
S$20.90

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• Enjoy up to 45% off your policy premium
• Get an Eskimo Global 1GB eSIM with every policy purchased.
• Additionally, receive up to S$45 via PayNow OR 1 x Apple AirTag (worth S$45.40) and up to S$20 iShopChangi e-voucher with eligible premiums spent. T&Cs apply.
 
BONUS:
For a limited time only, there are over S$11,000 worth of prizes to be given away in our Grand Draw.
Stand a chance to score:
1x Rolex Oyster Perpetual - 124200 34mm Silver (worth S$9,000)
1x Samsonite Robez 68/25 EXP (worth S$550) weekly
 
Increase your chances of winning when you refer friends today. T&Cs apply

Valid until 21 May 2024
MoneySmart Exclusive
Best Medical Coverage
MoneySmart Exclusive
Best Medical Coverage

Allianz Travel Silver

Med. Coverage (Overseas)
S$500,000
Trip Cancellation
S$5,000
Loss/Damage of Baggage
S$3,000
Total Premium
Total PremiumS$4657% Off
S$19.78

[Receive your cash as fast as 30 days*]
 
• Enjoy an exclusive 57% off your policy premium
• Get an Eskimo Global 1GB eSIM with every policy purchased.
• Additionally, receive up to S$40 via PayNow and up to S$20 iShopChangi e-voucher with eligible premiums spent. T&Cs apply.

Valid until 21 May 2024
Med. Coverage (Overseas)
S$250,000
Trip Cancellation
S$5,000
Loss/Damage of Baggage
S$3,000
Total Premium
final-price

Frequently Asked Questions

What is the fastest way to get travel insurance coverage for my year-end road trip?

The quickest way to get travel insurance is through your preferred travel insurance mobile app. Other ways include purchasing your travel insurance via an airline or travel insurance company’s website or by contacting your insurance agent. If you prefer to do it yourself via a comparison platform like MoneySmart, you’ll be able to do a quick comparison of the best rates available for you.

Does my travel insurance have a rental car insurance damage waiver?

You’ll need to check with your travel insurance agent and confirm that your insurance, whether it's from your car rental or personal policy, provides coverage for international travel. It is important to note that in some rental car insurance policies, specific susceptible components of the rental vehicle, such as tires, roof, windshields, and the underside, might not be covered by the company's Collision Damage Waiver.