88%* say we are cheaper than their previous insurer!
By not insuring risky drivers, we can keep our standard car insurance premiums low for safer drivers like you.
Compared to their previous insurer's premium, our customers told us they saved an average of $209# by switching to Budget Direct Car Insurance.
Here are examples of their self-reported average savings#:
#See what this figure is based on
| Car insurance customers who switched from… | Told us they saved an average of… |
|---|---|
| Income Insurance | $227 |
| Direct Asia | $159 |
| AIG | $270 |
| FWD Singapore | $183 |
| Singapore Life | $178 |
| Liberty Insurance | $238 |
| MSIG Insurance | $200 |
*This percentage represents the proportion of customers who provided their feedback to us through an independent survey that we are cheaper than their previous insurer.
Figures represent average savings derived from collating the data provided by customers through an independent survey, in which customers reported their savings when they switched to Budget Direct’s car insurance policies between 1 January 2017 and 31 December 2024. Individual circumstances as well as policy terms, plan coverage, features and benefits across insurers may vary, impacting actual savings. Get quote now and compare for yourself.
Singapore’s Award-Winning Car Insurer
Exceptional Customer Service Rating!
/5 stars based on 10478 verified reviews.
Here are all the Budget Direct Insurance customer reviews, unfiltered and unedited, from customers who have shared their feedback with us.
Even more ways to save
Here are more ways to reduce your car insurance quote even further.
Go PaperlessYour premium will be S$20 (before prevailing GST) cheaper if you opt to go paperless. All your documents will be sent via email and you can also retrieve them from the Policy Manager.
Opt for Singapore Only coverWant cover just for Singapore? You’ll get a discount on your insurance premium. We’re one of the few insurers who offer this smart way to cut down your costs.
Drive an Off-Peak CarReduce your premium if you drive an off-peak car.
Increase your excessExcess is the amount that you have to pay towards your claim. At Budget
Direct Insurance, our standard policy excess for cars is S$600 (before prevailing GST). You can choose to reduce
or increase this amount depending on your claim experience and budget.
You can increase your excess up to S$1,500 – which means you pay a lower premium.
You are in control when it comes to repairs. Save on your premium and have your car repaired at one of our conveniently-located Authorised Workshops. All repairs are guaranteed for 12 months. This is the best value option for all car repairs.
Select the right level of coverWe offer three types of insurance, the cost of which reflects the level of protection they provide. Choose what's right for you.
Maintain a good driving recordFor each claim-free year, you’ll receive a No Claim Discount (NCD) on your premium; the NCD is capped at 50%.
How to switch
Switching to Budget Direct Insurance from another insurer is as easy as 1-2-3
Select
Get a car insurance quote from Budget Direct Insurance. Weigh up the costs and benefits of switching from your current insurer.
Save
Save up to 20% buying car insurance direct.
Contact
Once you’re covered by us, contact your previous insurer to cancel your other policy.
Quick car insurance comparison
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| Find out more | Find out more | Find out more |
Optional Features
While Budget Direct Insurance has built up a strong reputation as a price leader in car insurance, we also offer great value for money. Not only are our premiums hard to beat, our customised policies include a great range of optional features, such as:
Repair Guarantee
Have your car repaired at one of our conveniently-located Authorised Workshops. All repairs are guaranteed for 12 months.
24 Hours Roadside Assistance
Our 24 Hours Roadside Assistance will be there for you if you’re stranded by a breakdown, flat tyre, flat battery or anything else.
No Claim Discount (NCD) Protection
You can make one claim a year without affecting your No Claim Discount. (Applies to those who have an NCD of 30% or more).
Customisable Excess
Choose to reduce or increase this amount depending on your claim experience and budget.
Common Car Insurance Questions
Why do I need Car Insurance?
Car insurance, also known as motorcar insurance, vehicle insurance or auto insurance, provides vehicle owners financial protection against medical and liability costs arising from traffic incidents. Car insurance may additionally offer financial protection against vehicle theft and damage due to events other than car accidents, such as natural disasters and collisions with stationary objects.
What types of cover can I choose from?
We have three types of car insurance policies to choose from.
Third Party Only is the most basic car insurance plan and covers your legal responsibility for damage to other people’s property or bodily injury or death to other people caused by an accident involving your car. It doesn’t cover damage to your own car.
Third Party Fire and Theft covers the same as Third Party Only plus loss or damage to your car if it is stolen or catches fire.
Comprehensive covers the same as Third Party Fire and Theft plus any damage to your car up to its market value.
- Comprehensive/Standard Car Insurance policy for low-risk drivers.
- Comprehensive/Higher Risk Car Insurance policy for drivers who have had 2 or 3 at-fault accidents and/or claims within the last 3 years.
Can anyone drive my car?
We have two Driver Plans for you to choose from. Below the definitions of the plans are applicable excess amounts which may apply.
Authorised Driver Plan
This plan covers:
- The Policyholder
- The person who uses your car most frequently (i.e. the Main Driver), if not the Policyholder, and
- Anyone else you allow to drive your car.
However, if you allow someone who lives with the Main Driver (i.e. a Household Member) to drive your car, you have to name them on your policy in order for them to be covered.
IMPORTANT: A Household Member who is not named as a Named Driver under the Authorised Driver Plan will not be covered under your policy.
Named Driver Plan
This plan covers ONLY:
- The person who uses your car most frequently (i.e. the Main Driver), and
- Persons you include on your policy as Named Drivers.
IMPORTANT: The Policyholder must also be listed either as a Named Driver or the Main Driver under the Named Driver Plan in order to be covered under your car insurance policy.
| Type of Excess | On Each and Every Claim** |
|---|---|
| Policy Excess | S$600 |
| Additional Excess | |
| Named Driver below 25 years old | S$500 |
| Named Driver with less than 2 years' valid driving licence | S$500 |
| Unnamed Driver 25 years old and above | S$500 |
| Unnamed Driver with 2 or more years' valid driving licence | S$500 |
| Unnamed Driver below 25 years old | S$1,500 |
| Unnamed Driver with less than 2 years' valid driving licence | S$1,500 |
** before prevailing GST
Calculation of the total Excess payable on claims
The total Excess you
have to contribute towards a claim is the aggregate of the Policy Excess and any Additional
Excess(es) which apply.
Example
If a claim involves an Unnamed Driver who was 24 years old and
was holding a valid driving licence for less than 2 years, the total Excess payable would be
S$3,600.00 computed as follows:
| Policy Excess | S$600 |
| Unnamed Driver below 25 years old | S$1,500 |
| Unnamed Driver with less than 2 years' valid driving licence | S$1,500 |
| Total | S$3,600 |
Do I have to tell you if I drive to work in my car?
Yes, when you go through our 'get a quote' process, we will ask you how you use your car. Here are the definitions of vehicle usage:
Private and Occasional Business Use is "Private and Commuting Use" above, plus use for occasional business purposes by the Main Driver or any Named Driver only. "Occasional Business" means your car is not registered for business use, and the use of your car is not an essential part of earning income for a business.
Private and Business Use is "Private and Commuting Use" above, plus use for the business and/or occupation by the Main Driver or any Named Driver only.
We allow:
- Private car-pooling provided that no profit is made from such use.
- Carrying of goods or samples which are not for sale or payment.
We do not allow:
- Carrying of passengers or delivery of goods for payment.
- Driving tuition or test (whether paid or not).
- Hire to other people.
- Any other purposes which we have not agreed to in writing.
Will there be a replacement car/ loss of use/ transport allowance when my car is undergoing repair?
There will be no replacement car. If you purchased our Transport Allowance optional cover we will pay you S$50 per day, capped at a maximum of 10 days per accident and subject to a total of 20 days per policy year. This optional cover includes an additional allowance of S$50 to "get you home" after an accident.
This Transport Allowance optional cover is only available for Comprehensive Car Insurance and Third Party Fire and Theft Insurance policy types.
How does your No Claim Discount Protector work?
You can choose to protect your NCD under this Optional Cover. Refer to the table below for more details. This Optional Cover is only available to you if your NCD is 30% or more.
| No. of claims made during Policy Term* | NCD at commencement of Policy Term is 30% | NCD at commencement of Policy Term is 40% | NCD at commencement of Policy Term is 50% |
|---|---|---|---|
| One | 30% | 40% | 50% |
| Two | 0% | 10% | 20% |
| Three or more | 0% | 0% | 0% |
* Includes cases where an incident occurs during the Policy Term but the claim is made after
the Policy Term has expired.
Who has the cheapest car insurance in Singapore?
An independent study by leading consumer research firm, Value Champion, found that Budget Direct Insurance offers the cheapest comprehensive plans starting from just $536. Find out what savings you can make using our car insurance price savings comparison tool.
How do I compare car insurance prices in Singapore?
Our savings calculator gives you an idea of how much our customers saved on their car insurance premiums when they switched over to us. Use our savings calculator to estimate your savings by switching over to us. Find out what savings you can make on your car insurance.
How much is car insurance in Singapore?
The price of car insurance premiums can range from around $550 to $1,700 in Singapore. The price depends on various factors, including the driver's age and driving history, occupation, and the type of car. Our savings calculator tool gives you an idea of our customers' savings when they switched to us from Singapore's leading insurance companies based on their car make. Find out more.
