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Motorcycle Insurance Cover Types in Singapore

 

Choose the Right Level of Cover

You can choose from 3 motorcycle insurance cover types

If you’re wondering what type of motorcycle insurance you should get, you need to determine the level of protection you wish to have. The first step in customising your motorcycle insurance policy is choosing your base cover type that provides the right motorcycle insurance for your needs:

  • Third Party Only (TPO) - If you only want the bare minimum bike or motorcycle  insurance required to ride in Singapore, this is the right coverage type for you. TPO protects you from liabilities against third-party claims only. With TPO you're responsible for covering repairs to your bike and are not covered from fire, theft, vandalism, and if you lay your bike down on your own.
  • Third Party Fire & Theft (TPFT) - Get the cover of TPO plus additional protection in case your bike is stolen or damaged in a fire. With TPFT you also get to add on optional benefits to further improve your level of cover.
  • Full Comprehensive - If you love your motorcycle, a comprehensive type of insurance is the best way to protect it. In addition to the above two plans you get protection from your own crashes, natural disasters, vandalism and towing following an accident. This plan also gives you the option to add on optional benefits for the greatest protection for your motorcycle.
Comparison table
  Third-Party Only (TPO) Comprehensive (COMP) Third-Party Fire & Theft (TPFT)
  For the budget-conscious riders. For the ultimate bike lovers who want a complete peace of mind. For those who wish to extend beyond basic coverage to include losses due to fire and theft.
Injury to someone else in an accident
Injury to someone else in an accident Checked Checked Checked
Damage to someone's property in an accident
Damage to someone's property in an accident Checked Checked Checked
Legal expenses following accident
Legal expenses following accident Checked Checked Checked
Damage to your motorcycle caused by fire
Damage to your motorcycle caused by fire   Checked Checked
If your motorcycle is stolen
If your motorcycle is stolen   Checked Checked
Damage to your motorcycle caused by an accident
Damage to your motorcycle caused by an accident   Checked  
If you crash into something besides a vehicle
If you crash into something besides a vehicle   Checked  
If there is non-crash damages to your motorcycle
If there is non-crash damages to your motorcycle   Checked  
Damage from floods or natural disasters
Damage from floods or natural disasters   Checked  
Optional Benefits

Frequently asked questions about Motorcycle Insurance

Do I have optional flexible benefits?

Whichever motorcycle insurance type you decide to go with, whether Third-Party Only (TPO), Comprehensive (COMP) or Third-Party Fire & Theft (TPFT), you will be eligible for a number of optional flexible benefits. You have the option of adding benefits of No Claim Discount (NCD) Protector Plus, 24-hour roadside assistance, coverage of medical expenses and personal accident costs, replacement and shared protection, depending on the plan you choose.

How does the No Claim Discount (NCD) benefit me?

The No Claim Discount (NCD) is an incentive offered to riders who successfully complete their insurance period without making any insurance claims. When it comes time to renew your insurance, you will be then entitled to a discount. Unlike other insurance plans, DirectAsia’s NCD Protector Plus scheme lets you make an at-fault claim while still protecting your NCD status.

Can I claim insurance if my bike is stolen or destroyed by arson?

With DirectAsia’s Third Party Fire & Theft (TPFT) and Full Comprehensive (COMP) motorcycle insurance, you will be insured in the case of theft or fire. In the case of arson, in order to file, be sure to obtain the details of the reporting officer and a copy of the fire report. If your bike is stolen, have the copy of the police report ready.