6 Best Companies With Motor Insurance Plans In Singapore

April 12, 2022
Best Motor Insurance Plans Singapore

After the motor vehicle purchase, the next thing that owners focus on is ensuring the protection of their motorcycle by checking out different vehicle insurance plans. Most people often select the cheapest plan only to regret their decision later on when their ride is involved in an accident or has been stolen. Like any other form of insurance, motor insurance ensures that you and your vehicle are protected in a variety of situations so it’s vital to choose the best insurance plan.

Nowadays, there are many car and motor vehicle insurance plans that come with great features to cater to owners’ unique needs – from personal roadside assistance to workshops. To ensure you don’t miss out on those benefits, it’s important to check out what each plan offers and which one suits your needs. We’ve compiled 6 of the best companies with motor insurance plans in Singapore, check them out.

Note: This list is strictly not in order.

1. India International Insurance

Image Credit: India International Insurance

With more than 70 years of experience in the industry, India International Insurance aims to continue catering for the needs of its clients by providing expert solutions through its highly-trained and experienced team of professionals. The company’s mission is to be the leading general insurance company in Singapore and take one step further by providing product lines such as motor, personal, travel, home, maid, property, liability, engineering, accident, and marine insurance.

India International Insurance consists of simple, straightforward claims processes to deliver its promise to pay the claim in the shortest possible time. Anyone who has a valid driving license and owns a vehicle is eligible to get a motor insurance plan and experience the benefits the company offers including a first-party coverage motor insurance plan, a third-party coverage motor insurance plan and a third-party fire and theft coverage motor insurance plan.

Customer Reviews


Highly professional and responsive

Rajul Bhuyan

Professional per excellence. Very supportive team.

Contact Number: +65 6347 6100
Address: 64 Cecil Street, #04-05, IOB Building, Singapore 049711
Opening Hours: Mon-Fri 8AM-6PM | Closed on Sat&Sun

2. China Taiping Insurance (S) Pte Ltd

Image Credit: China Taiping Insurance (S) Pte Ltd

Looking for a company with motor insurance plans in Singapore? China Taiping Insurance is here to save the day! Whether you own a private motorbike or a commercial one, there’s motor insurance to keep you and your vehicle safe. Drive without worries by engaging in this company’s motor insurance which includes benefits such as a loyalty discount, waiver of excess on accident claims, free no-claim discount and NCD protection, optional add-on coverage, and a complimentary windscreen benefit.

With over 80 years of experience in the insurance industry, China Taiping Insurance has served thousands of satisfied clients with its top-notch services. With this company, rest assured that you and your motorbike are in safe hands so you can hit the road with confidence and enjoy your trip!

Customer Reviews

Dan Dale

I have had my car insurance with China Taiping now for 2 years, and they have been exceptional. Insurance companies in my experience make any interaction difficult, however, with China Taiping, this is not the case.

Jason Lim

Staff Irene Tay was very responsible and professional. Thank you customer service and China Taiping team!

Contact Number: +65 6389 6111
Address: 3 Anson Rd, #16-00 Springleaf Tower, Singapore 079909
Opening Hours: Mon-Fri 8.45AM-5.30PM | Closed on Weekends

3. Etiqa

Image Credit: Etiqa

Since 1961, Etiqa has been protecting Singapore citizens with its wide array of general insurance solutions that constantly evolves to meet their developing needs. In 2014, Etiqa added a comprehensive set of life insurance solutions including savings, protection, retirement and legacy planning to their portfolio to serve their growing customer base better.

Etiqa aims to give their clients peace of mind when behind the wheels with their motor insurance solutions: Private car insurance which allows clients to enjoy 25% off List of 25 authorised workshops that are conveniently located across the island, choose from a comprehensive third-party fire and theft or third-party only coverage types; 5% additional discount for demerit-free clients; free coverage for a child seat. The other one is ePROTECT motorcycle which allows clients to enjoy 5% off quality motorcycle insurance and grants clients to choose from comprehensive third-party fire and theft coverage types; up to $500,000 coverage for loss or damage; protection against vehicle theft of up to 50%; and easy and fuss-free claims which can be done online.

Customer Reviews

Calvin Koh

User-friendly to purchase a policy online. The product I bought has great benefits and is reliable too. Responsive and friendly customer service. Thumbs up!

Lee Pran

It’s been a pleasure getting my motorcycle insured and dealing with knowledgeable Agent Dwayne Oh. Highly recommended.

Contact Number: +65 6887 8777
Address: One Raffles Quay, #22-01, North Tower, Singapore 048583
Opening Hours: Mon-Fri 9AM-6PM | Closed on Sat&Sun

4. MSIG Insurance

Image Credit: MSIG Insurance

MSIG Insurance aims to provide and exceed their clients’ expectations by offering sincere commitment and dealings with them. With over 100 years of experience in the country, MSIG Insurance is the leading general insurer in Singapore. To contribute to the development of a vibrant society and help secure a future for the planet, the company enables safety and peace of mind through global insurance and financial services.

The company offers private motor insurance to ensure that your vehicle is protected against accidental damage and theft with its wide range of services. Clients can get a car loan protection which offers $100,000 worth of car loan benefits to cover any loan; new for old replacement which replaces your motor vehicle with a brand new one when the damage is beyond repair; transport allowance which gives clients allowance which their car is still being fixed at the workshop.

Customer Reviews

Gustavo Souza

Local Insurance company with a very dynamic work environment, but seem that the teamwork is strong with work-life balance for the junior staff.

Jason Willcock

Good service and easy to buy insurance.

Contact Number:  +65 6827 7602
Address: 4 Shenton Way, #21-01, SGX Centre 2, Singapore 068807
Opening Hours: Mon-Fri 8.45AM-5.30PM | Closed on Sat&Sun

5. Allianz

Image Credit: Allianz

Allianz was founded in 1890 in Germany as a transport and accident insurer and has now developed into a global financial services provider for insurance and asset management business. Offering core businesses of property and casualty insurance, life, protection and health solutions, Allianz maintains its commitment to serving the Asian market by expanding its presence in the country to bring a local touch to its insurance solutions.

With their five main insurance benefits, you can guarantee that you and your vehicle will be protected. The five benefits that clients can enjoy include a lifetime warranty on repairs for worry-free repairs; a complimentary courtesy car for each day your vehicle is still being repaired in the workshop; a replacement car if your vehicle is less than 2 years old and damaged beyond repair; complimentary 24/7 roadside assistance for both accident and breakdown; and flexible excess so you can choose the excess to pay in the event of a claim.

Customer Reviews


Good company. Reputable.

SK Kurup

Great performance.

Contact Number: +65 6714 3369
Address: 79 Robinson Road, #09-01, Asia Square Tower 1, Singapore 068897
Opening Hours:  Mon-Fri 9AM-6PM | Closed on Sat&Sun

6. NTUC Income

Image Credit: NTUC Income

With their products and services that serve the protection, savings and investment needs of their clients, NTUC Income became Singapore’s leading composite insurer. Using an innovative, data-driven and omnichannel approach, the company is at the forefront when it comes to providing solutions to its customers. As the only insurance co-operative in the country, NTUC Income aims to create a positive social impact through its products, services and well-being,

Clients get to enjoy their motorcycle insurance services that include receiving reimbursement of expenses incurred for vehicle repairs; choice of three plans and coverage based on their needs; coverage for third-party property damages arising from accidents; and the choice to pay with flexible credit card instalment payment plans. To ensure clients get to make the most of protecting their vehicle, NTUC Income offers services: orange force to provide roadside assistance from their accident response team; and a motor service centre for a one-stop solution for accident reporting and reliable vehicle repairs.

Customer Reviews

Chandran Thiagarajah

Good, efficient customer service. A convenient outlet in the central part of the island.

Pahrulanam Mohd Awi

NTUC here good. Just to make payment, no booking. They also allowed us to go in follow the queue after they serve the booking people.

Contact Number: +65 6788 1777
Address: 53 Ang Mo Kio Ave 3, #03-18/19, AMK Hub, Singapore 569933
Opening Hours: Mon-Fri 9AM-5.30PM | Sat 9AM-3PM | Closed on Sun&PH


Having a motor vehicle enhances your mobility and reduces the need to depend on public transportation. To ensure the protection of your vehicle, it’s important to get insurance as it provides a wide variety of benefits. If you’re looking for a reliable partner to entrust your motor vehicle with, check out the list above containing the 6 best companies with motor insurance plans in Singapore, and be sure to call and inquire about their services.

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