1. Budget Direct Insurance
  2. Car Insurance
  3. Comprehensive
  4. Higher Risk

Higher Risk Car Insurance

Get back on the road quickly and easily with our affordable comprehensive car insurance cover designed for motorists who have had multiple accidents.

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higher risk car insurance

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Higher Risk
Car Insurance

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Pay Less for Car Insurance or get $100, Even If You Don’t Buy.

Promo Ends:31 May 2022
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If any other insurer’s premium is cheaper than our premiums for the same level of cover, we’ll give you $100*, even if you don’t buy from us.
Find out more.
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Bring a Buddy: Unlimited Referrals. The More You Refer the More Rewards You’ll Get!

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Refer a friend and get $20 in e-shopping vouchers. Your buddies will each get 5% off any policy they buy. It's a win-win!
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Existing Customers: Get up to 10% Off Any Additional Insurance Policy!

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Already an existing customer? Get great discounts. Buy one or more additional insurance policies and save up to 10% on your premium.

What is Higher Risk Car Insurance?

We believe in second chances. Our Higher Risk Car Insurance is geared specifically towards motorists who are having a tough time getting car insurance cover. If you’ve had 2 or 3 at-fault accidents and/or claims within the last 3 years you may find yourself left out in the cold, unable to get cover in Singapore. Or perhaps your vehicle insurance has been terminated or refused renewal by your insurer. That’s where our Higher Risk Car Insurance product comes in. We offer a fuss-free, affordable Comprehensive Car Insurance plan that gives you another chance to be insured and get back on the roads with a high level of protection and peace of mind.

Our Higher Risk Car Insurance plan offers a similar level of cover and protection as our standard Comprehensive Car Insurance policy, with options to add on extra benefits and customise your cover to suit you and your budget.

The Higher Risk Car Insurance plan provides full comprehensive coverage including liability to third parties and loss due to damage to your car, theft and flooding.

Higher Risk Comprehensive Car Insurance plan at a glance.

  • Suitable for drivers with 2 or 3 at-fault accidents and/or claims within the last 3 years.
  • Named Driver Plan. We cover 1 Main Driver and up to 2 Named Drivers, each of whom must be between 30 to 75 years old and have held a valid driving licence for 5 or more years.
  • Policy Excess is fixed at S$3,000.
  • No-Claims Discount (NCD) Protector is not available for this policy.

Note: Budget Direct Insurance reserves the right to cancel your Higher Risk policy with 7 days' notice once a 2nd at-fault accident and/or claim is reported under the policy.

What we cover, benefits & features

The table below shows the benefits, features, and claim limits of this plan. Note this product is not available for Third Party Fire and Theft and Third Party Only plans.

What We Cover Comprehensive - Higher Risk Third Party Fire and Theft Third Party
Only
Injury or death to someone else Unlimited cover Not available Not available
Damage to other people’s property up to S$5,000,000
Legal costs against criminal charges up to S$3,000
Towing after an accident S$500 for overseas tow and S$200 for local tow
Damage by fire
Damage or loss to your car due to theft
Damage to your car if someone else crashes into you
Damage to your car when it’s your fault
Damage by fallen trees, flood, storms or any other natural disaster
Damage by vandals
Damage to windscreen or windows Included under Comprehensive

For full details on what’s covered and what your options are, read the Higher Risk Car Insurance Product Disclosure Document.

You can also choose from our great optional benefits such as 24 Hours Roadside Assistance, Medical Expenses for you and your passengers and Any Workshop.

Optional Cover(s) you can add on Comprehensive - Higher Risk
Personal Accident
Medical Expenses
No Claim Discount (NCD) Protector
Overseas Emergency Allowance
24 Hours Roadside Assistance
Transport Allowance
Modifications and Accessories
Any Workshop
Singapore Only
Windscreen Add-on Included under Comprehensive

Q. Who is Higher Risk car insurance for?

Our Higher Risk Car Insurance plan is suitable for motorists, aged 30 years-old and above, who have had 2 or 3 at-fault accidents and/or claims in the last 3 years. We also allow you to take up Higher Risk Car Insurance if you and your drivers named under the policy have a total of up to 3 at-fault accidents and/or claims. For instance, we will cover 1 Main Driver and 2 Named Drivers who have all had 1 at-fault accident and/or claim each within the last 3 years.

Q. What are the main differences between your Higher Risk Car Insurance and your standard comprehensive cover?

The main differences between the two products are the number of at-fault accidents/claims in the last 3 years that we can accept. Customers with 2 or 3 accidents and/or claims in the last 3 years usually have difficulty finding car insurance as most insurers consider them to be under the higher risk group. For our standard car policy, we insure safer drivers for a very competitive premium. Our Higher Risk Car Insurance, however, is aimed at giving customers and their drivers with 2 or 3 at-fault accidents and/or claims another chance to be insured and continue driving.

Q. If I have Higher Risk Car Insurance, can I choose from ALL your optional benefits?

As you would expect with Higher Risk Car Insurance, it is necessary to impose some restrictions and that includes limiting some of the optional benefits available. For instance, the optional extra, No Claims Discount Protector (NCDP) that is offered with our standard insurance, is not available with the Higher Risk Car Insurance policy.

For full details on what’s covered and what your options are, read the Higher Risk Car Insurance Product Disclosure Document.

Q. If I have a Higher Risk Car Insurance policy, can anyone drive my car?

No. Our Higher Risk Car Insurance policy provides comprehensive cover with a Named Driver Plan only. This allows the Main Driver and up to two Named Drivers to drive your car.

Q. What is the excess amount to be paid if I have a Higher Risk Car Insurance plan?

The standard policy excess for our Higher Risk Car Insurance plan is $3,000 and it does not come with an option to reduce it.