Comprehensive Commercial Vehicle Insurance

Our Comprehensive Commercial Vehicle Insurance provides extensive protection for your business vehicles—whether you’re using a van, lorry, or pickup truck. This insurance covers your liability for any damage or injury/death caused to others and their property, ensuring your business is well-protected on the road. 

In addition to third party coverage, this policy also safeguards your vehicles from damage due to accidents, fire, theft, storms, floods, and other unforeseen events.

Please note, however, that damage resulting from fire caused by illegal modifications is not covered under this policy.

Offering the highest level of coverage available, Comprehensive Commercial Vehicle Insurance ensures your business vehicles are fully protected, giving you peace of mind to focus on what matters most—growing your business. 

Here’s what you get with your Comprehensive Policy.

• Injury or death to someone else
  If you accidentally injure/fatally injure someone else in a vehicle accident you will have unlimited cover. 
• Damage to other people’s property
  If you damage someone else’s property in a vehicle accident you’re covered for up to S$500,000.
• Legal costs against criminal charges
  We’ll pay your legal costs or expenses against criminal charges up to S$3,000 following an accident.
• Towing
  If your vehicle needs to be towed after an accident, you’re covered up to S$200.
• Damage to your vehicle if someone else crashes into you
  If someone else crashes into your vehicle and damages it, we will either arrange for your vehicle to be repaired, replaced or pay up to its market value.
• Damage to your vehicle when it’s your fault
  You’re protected if you crash into another vehicle, or you crash your vehicle into something else.
• Damage by fire
  This plan will cover your vehicle for any fire damage up to its market value.
• Damage or loss to your vehicle due to theft 
  We will pay up to the market value of your vehicle.
• Damage by fallen trees, flood, storms or any other natural disaster
  If your vehicle is damaged by fallen trees, accidental flooding, storms or any other natural disasters, we will either arrange for your vehicle to be repaired, replaced or pay you up to its market value.
• Damage by vandals
  Damage to your vehicle caused by vandals? Rest assured you’re covered.
• Damage to windscreen or windows
  We will pay for cracks or damage to your vehicle windscreen or windows.

This is a summary, please see the Commercial Vehicle Insurance Product Disclosure Document for complete details.

Your policy covers the following drivers if your commercial vehicle is involved in an accident (unless we agree otherwise in writing):

• The Main Driver
• Up to 9 Named Drivers (if any)

This ensures that only the listed drivers are covered when using your business vehicle, providing a more tailored and cost-effective solution for your Commercial Vehicle Insurance.

Find out more about how our Named Driver Plan works.

Your vehicle usage includes both private and business use. This covers using your commercial vehicle for personal, social, and recreational purposes, commuting between home and your regular workplace, as well as for the business needs of the policyholder.

This flexibility ensures your vehicle is protected while serving your business needs.

Find out more about Vehicle Usage.

With a little extra, you can add 24-Hour Roadside Assistance to your policy. Whether your vehicle breaks down, gets a flat tyre, has a dead battery, runs out of fuel, or you’ve lost your keys, you can relax knowing we’ll be there for you—any time, anywhere. You’ll never be left stranded.

Additionally, our No Claim Discount (NCD) Protector ensures your valuable discount remains intact. If your NCD is 20%, you can make one claim per policy term without affecting your discount.

Choose the benefits that fit your needs and budget, and get the coverage that’s right for your commercial vehicle.  

Explore all the Optional Covers available to customise your coverage.

Browse our frequently asked questions and you’ll probably find what you’re looking for.