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Main Driver / Vehicle Details

I'm looking for a plan. I'm , , born on , My occupation is and have held a valid driving licence for . The Vehicle is a with a No Claim Discount of , any claims for the past 3 years . I heard about Smart Towkay Insurance through
Main Driver is the person who drives the car most frequently. The Main Driver must be between 25 to 70 years of age and have held a valid driving licence for at least 2 years at the start of your policy term.

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Compare Singapore Best Car Insurance Quotes Online – Save Up To $680*

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We can remind you when your Car Insurance and Road Tax are due, so you never miss your renewals

*Over 60% of consumers could save up to $680 a year on their car insurance policy based on Smart Towkay enquires in 2020

What level of cover do I need?

You’ll be able to choose from three basic levels of cover when you take out car insurance

1

Fully comprehensive

A fully comprehensive car insurance policy will cover you for damage, repairs, medical expenses, fire damage and theft, as well as damage done to someone else, their car or their property
Find out more
2

Third-party, fire and theft

Third-party, fire and theft policies offer cover for other people, their vehicles and their property, as well as protection for your own vehicle if it’s stolen or damaged by fire
Find out more
3

Third-party only

Third-party only car insurance is the least comprehensive type of cover available, and it's the minimum legal requirement you must meet to drive on SG roads.
Find out more

How can I get cheaper car insurance?

You may be able to lower the cost of your car insurance policy by doing the following:

Build a no-claims discount

If you can avoid making claims for smaller things by paying for the repairs or replacements yourself, you can earn a discount on your premiums – the longer you go without claiming, the greater the discount should be

Avoid modifications

Modifying your car can often mean more expensive repair costs or rarer spare parts required, so you’ll likely pay more to cover these

Certificate of Merit

By being a safe and careful driver, and by avoiding traffic offences, you can get an additional Safe Driving Discount of 5-10% (depending on insurer) after deducting your NCD.

Avoid auto-renewing

Your car insurance policy will likely be renewed automatically when the term ends, but you may be able to find a cheaper deal when you compare quotes online

We're 100% independent, working only for our customers


Unlike some of our competitors, Smart-Towkay is not owned by an insurance company. So we can offer the best value, with savings delivered straight to you.
We combine independence, so we can negotiate the best prices, with excellent technology, to find the best value products and services.
That makes us, in our customers' opinions, the best price comparison website.

Pay Less With Smart Towkay

Non Bias

Non Bias

We don't work for any particular insurance agencies, only you!

Dedicated Services 24/7

Dedicated Services 24/7

Having issues with your claim? Not sure who to turn to when your car breaks down? Our dedicated hotlines are 24/7 open for you. 

Lower Policy Price

Lower Policy Price

Pay less when you use us! We run monthly promotional E-Capital Vocuhers as a way to say thank you! 

Fintech Certified

Fintech Certified

We are bound by the regulations and requirements of the Singapore Fintech Association

Frequently Asked Questions


Let’s be honest, as much as we love our cars, the very main reason we buy car insurance is because it is mandatory in Singapore. Most of the time, we may not even know what it covers.

When you own a car, the probability of getting into a car accident is always there, be it caused by you, another driver, or external factors. Other than that, your car may be stolen, or even get caught in a fire. The cost of repairing such extensive damage can be extremely expensive.

By paying an annual premium, your car insurance protects you against financial damages or losses that may arise in such scenarios. It covers your legal responsibilities to others for bodily injury or property damage, as well as the medical costs of personal injury suffered by you or third parties.

There are three main types of car insurance in Singapore.

Third-Party Only (TPO) car insurance: This provides the most basic coverage out of the three. It ONLY covers the driver’s legal liability for damages caused to a third party in an accident, such as bodily injuries, and damage to third party’s vehicles or property. This means that should anything happen to your car, you will have to pay for the expenses out of your own pocket.

Third-Party, Fire & Theft (TPFT) car insurance: This covers whatever TPO car insurance covers, but is extended to cover damages caused by fire and/or theft to your car. Hence, the premium will be slightly higher than TPO car insurance.

Comprehensive car insurance: This is the priciest compared to TPO and TPFT car insurance as it covers all of the above, and includes coverage to the driver as well. Both bodily injury suffered by the driver and damages to the car are covered too. Besides fire and theft, a comprehensive plan also covers floods and other disasters. If your car is still under loan, it is recommended to get a comprehensive coverage.


A No Claims Discount, sometimes also known as No Claims Bonus, is a discount that is offered by the insurance companies upon your policy renewal when you have not made a claim in the past year. The NCD accumulates by 10% year on year. Hence, the longer you go without making a claim, the more discount you can get.

NCD is usually capped at a maximum of 50%.

An excess is the amount you need to pay out of your own pocket when making a claim from your car insurance. 

For example, in the event your car gets damaged, the cost of repair is $3,000 and your excess is $600, this means that you will pay the first $600 on your own, and the remaining $2,400 will be paid by your insurer.

Workshops listed under the "Authorised Workshops" are approved by your insurer. The list differs across various insurers, so be sure to look through the list for approved workshops that are near where you live. If you do not mind being restricted to the list of authorised workshops, you can also get a cheaper insurance premium.

"Any workshop" means you can choose to go to ANY workshop in the event of a repair. If your car is new or still under warranty, you may want to choose this option in order to go to your dealer's workshop, as your warranty may be void if your repair is done elsewhere. However, this option also means a higher premium.

Some insurers now offer the option of going back to your dealer for repair in the first 3 years if your car is new. You may want to check with us on this! In addition, your dealer's workshop may already be in the list of approved workshops!

You will need to renew your insurance first, and get a car inspection (if required), before you can renew your road tax. 

Your renewal notice is usually out 6 to 8 weeks before your car insurance expires. This will give you enough time to compare car insurance plans before you renew.

Most insurers in Singapore adopt a "risk factor rating system" when calculating the premium for car insurance. This is based on the following factors, other than your car's value or the price you paid for it:



  • Vehicle Profile

  • Insured/Driver(s) Profile

  • What the vehicle will be used for (private use/corporate use/commercial use/hire etc)

  • Type of coverage

  • Past claims history

  • No Claims Discount (See above)

  • When there is an impending claim against you, insurers may charge a higher premium. However, you could request for a possible refund if it is concluded that you are not liable for the impending claim.


Based on statistics and past claims information, different insurers give a different weightage to each factor in setting the premium.

The Motor Claims Framework (MCF) provides a clear procedure for the reporting of motor accidents:



  1. Exchange particulars of parties involved in the accident and take note of the car plate numbers 

  2. Take photos of the scene of accident and the damages to all vehicles 

  3. Call your insurer's hotline for tow-truck or further advice on the accident

  4. Report the accident to your insurer within 24hrs or by the next working day

  5. If there are injured parties involved, call for medical assistant and the police immediately

  6. A traffic police report is required if the accident involves fatality, damage to government property, foreign vehicle, pedestrian or cyclist, hit-and-run case, or injury cases.


Please note that making a traffic police report is not equivalent to making a report to your insurer.
If you do not report an accident, 



  • Your insurer may repudiate liability;

  • Your No Claims Discount may be affected upon renewal of your policy; and

  • Your insurer may cancel or refuse to renew your policy