If you are a motorcycle rider in Singapore, you know that having insurance is a must. Singaporean law requires that all motorcyclists have at least third-party liability insurance coverage. However, the cost of motorcycle insurance can vary greatly depending on the type of coverage you choose, your riding experience, and other factors. In this article, we will explore everything you need to know about motorcycle insurance in Singapore, including how to find the best deals and what to consider when choosing coverage.

Understanding Motorcycle Insurance in Singapore can be a daunting task, especially if you are a new rider. Motorcycle insurance policies can vary greatly in terms of coverage, cost, and benefits. However, with a little bit of research, you can find the best deals and choose the coverage that is right for you. In this article, we will explain the different types of motorcycle insurance coverage available in Singapore, what they cover, and how to choose the best one for your needs.
Key Takeaways
- Understanding the different types of motorcycle insurance coverage is crucial when choosing the right policy for you.
- Finding the best deals on motorcycle insurance requires research and comparison of different policies and providers.
- In addition to cost, other factors such as coverage details, financial considerations, and post-accident procedures should also be considered when choosing motorcycle insurance.
Understanding Motorcycle Insurance in Singapore
If you own a motorcycle in Singapore, you must have insurance coverage that at least covers third-party liability for death and bodily injury arising from the use of the vehicle. However, it is highly recommended that you get comprehensive coverage to protect yourself and your motorcycle from various risks.
Types of Motorcycle Insurance
There are three types of motorcycle insurance in Singapore: third party only, third-party fire & theft, and comprehensive cover. Third-party only coverage is the most basic and covers legal liability for death or bodily injury to third party and loss or damage to third party property. Third-party fire & theft coverage includes third-party only coverage and also covers accidental loss or damage to your motorcycle due to fire or theft. Comprehensive coverage includes third-party fire & theft coverage and also covers accidental loss or damage to your motorcycle due to accidents.
Benefits of Comprehensive Coverage
Comprehensive coverage is the most recommended type of motorcycle insurance in Singapore as it offers the most protection for you and your motorcycle. With comprehensive coverage, you are covered for accidental loss or damage to your motorcycle due to accidents, fire, or theft. You are also covered for legal liability for death or bodily injury to third party and loss or damage to third party property. In addition, some comprehensive coverage plans may include benefits such as personal accident coverage, medical expenses coverage, and more.
What Does Third Party Only Coverage Entail?
Third party only coverage is the most basic type of motorcycle insurance in Singapore. It covers legal liability for death or bodily injury to third party and loss or damage to third party property. However, it does not cover any accidental loss or damage to your motorcycle. It is the cheapest type of motorcycle insurance, but it offers the least protection. If you are on a tight budget, third party only coverage may be suitable for you, but keep in mind that you will not be covered for any damage to your own motorcycle.
Overall, it is highly recommended that you get comprehensive coverage for your motorcycle in Singapore to protect yourself and your motorcycle from various risks. Make sure to compare different insurance plans and choose the one that best suits your needs and budget.
Finding the Best Motorcycle Insurance Deals

When it comes to finding the best motorcycle insurance deals in Singapore, comparing quotes from top providers is essential. By obtaining quotes from reputable insurers such as NTUC Income, FWD, Budget Direct Insurance, and Direct Asia, you can ensure that you are getting the most competitive rates and comprehensive coverage for your motorcycle.
Comparing Quotes from Top Providers
Start by gathering quotes from different insurance providers and compare the coverage, premiums, and additional benefits offered. This will allow you to make an informed decision based on your specific needs and budget. Look for insurers that offer customizable plans tailored to your riding habits and requirements.
Maximizing Discounts and Promotions
Take advantage of promotions and discounts offered by insurance comp