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!
Singapore’s Cheapest^ Comprehensive Motorcycle Insurance for Safe Riders
^Based on an independent consumer research study. More details at valuechampion.sg/best-cheap-motorcycle-insurance#safe.
Ride with Greater Peace of Mind with Singapore’s Cheapest^ Motorbike Insurance for Safe Riders (Comprehensive Plans)
Cheapest Motorcycle Insurance in Singapore (Comprehensive Plans)
Rider Profile: Single, 35-year-old male rider with 5 years of experience and a 20% NCD, riding a 2020 Honda CBF150
Source: ValueChampion consumer research study.
Comparison based on each insurer's base plan with no add-ons. Coverage features may differ.
^For more details, visit valuechampion.sg/best-cheap-motorcycle-insurance#safe
More Reasons Why It Pays to Choose Budget Direct Insurance
Cheap and Good
Immediate cover starts from just $150*. Get quality motorbike insurance cover rated 4.7/5 stars by customers! Learn more about our philosophy of delivering quality motorcycle insurance at cheaper prices.
*Actual premiums may vary based on various factors.
We’re here for you 24/7
Our after-hours emergency hotline and Emergency Assistance Web App means you can get in touch with us any time. We’ll be there for you when you need us. You can count on us.
No Agent Commission
Pay less when you buy your bike insurance direct. No middleman or agency fees means you make a big saving.
Find out more »
Checklist to getting a quick motorcycle insurance quote:
| Be ready with details on your riding history (years of experience and claims history, if any). | |
| Find out the No Claims Discount (NCD) you’re entitled to. | |
| Be prepared with details on your additional rider you would like to be covered under our Named Rider Plan, such as their particulars and claims history, if any. |
Tip: If you don’t have all the information on hand, don’t worry you can still get started on your quote. You can save it at any time and come back to it later. Remember that any mis-declaration may void your motorcycle insurance!
Motorcycle Insurance FAQs
What types of bike insurance cover can I choose from?
We have three types of policies you can choose from for your motorcycle.
Third Party Only is the most basic 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 motorcycle. It doesn’t cover damage to your own motorcycle.
Third Party Fire and Theft covers the same as Third Party Only plus loss or damage to your motorcycle if it is stolen or catches fire.
Comprehensive covers the same as Third Party Fire and Theft plus any damage to your motorcycle up to its market value.
How much do you insure my motorcycle for?
Under the Comprehensive and Third Party Fire and Theft plans, we insure your motorcycle up to its market value at the time of loss or damage.
Do you guarantee repairs to my motorcycle?
No, we do not guarantee repairs to your motorcycle done by your own workshop.
Does your bike insurance cover all riders?
We won’t insure Riders who have had their licence suspended or revoked in the last 3 years. And we won’t insure those who have been rejected or declined by an insurer in the last 3 years. We don’t cover riders who have a DUI charge (riding while under the influence of alcohol or drugs).
Does your motorcycle insurance cover bikes over 10 years-old?
Yes, we can certainly cover your motorcycle which is more than 10 years-old, no problem. It is our aim to make the cost of your motorcycle ownership as affordable as possible. Whether you ride a moped, scooter, classic or vintage motorcycle, we're here for you. Budget Direct Insurance offers motorcycle insurance premiums from as low as $150. We also provide a wide range of optional covers.
Named Rider Plan
Build your cover for you and one other person you allow to use your motorcycle. Learn about our Motorcycle Insurance Named Rider plan
Vehicle Usage
We ask details about how you use your motorcycle so that you pay only for what you need. You have 3 options to choose from.
- Private and Commuting Use
- Private and Occasional Business Use
- Private and Business Use
What bundle? You choose the optional covers you need.
Get cheaper motorbike insurance when you pay only for what you need. Other insurers may automatically include covers you may not require, and yet charge you for everything as a bundled plan. At Budget Direct Insurance, you can customise your motorcycle insurance excess, opt for Singapore Only cover, add on 24 Hours Roadside Assistance, include NCD Protector or Overseas Emergency Allowance and more - it's your choice. This is just one of the many ways we’re able to provide cheaper motorbike insurance quotes, along with award-winning customer service.
Take a look at Optional Covers.
Compare Our Motorcycle Insurance Policies
Compare the benefits, features, claim limits and optional extras of our different levels of motorcycle insurance
| Recommended | |||
|
What We Cover |
Comprehensive Highest level of cover for greatest peace of mind. Covers your liability for damage or injury/death caused to others and their property. Covers loss of or damage to your motorcycle by fire, natural disasters, vandals, theft or accident. |
Third Party Fire and Theft An “in-between” plan. In addition to the Third Party Only cover, covers loss of or damage to your motorcycle by fire or theft. |
Third Party Only Basic plan for budget-conscious bikers. Covers your liability for damage or injury/death caused to others and their property. Does not cover any loss of or damage to your motorcycle. |
|---|---|---|---|
| Bodily injury or death to other people in a motorcycle accident | Unlimited Cover | Unlimited Cover | Unlimited Cover |
| Damage to other people’s property in a motorcycle accident | S$500,000 | S$500,000 | S$500,000 |
| Legal costs & expenses following a motorcycle accident | S$3,000 | S$3,000 | S$3,000 |
| Towing after an accident | Included (up to S$300 for overseas tow and S$100 for local tow) |
Included: up to S$300 for overseas tow and S$100 for local tow (only for fire to or theft of your motorcycle) |
Not included |
| Loss or damage to your motorcycle by fire or theft | Included | Included | Not included |
| Damage to your motorcycle by vandalism | Included (up to market value of your motorcycle) |
Not included | Not included |
| Damage to your motorcycle by fallen trees, flood, storms or any other natural disaster | Included (up to market value of your motorcycle) |
Not included | Not included |
| Damage to your motorcycle if someone crashes into you | Included (up to market value of your motorcycle) |
Not included | Not included |
| Damage to your motorcycle if you accidentally crash your motorcycle into something else | Included (up to market value of your motorcycle) |
Not included | Not included |
Show More |
| Recommended | |||
|
What We Cover |
Comprehensive |
Third Party Fire and Theft |
Third Party Only |
|---|---|---|---|
| Personal Accident | Available | Available | Available |
| Medical Expenses | Available | Available | Available |
| No Claim Discount (NCD) Protector | Available | Available | Available |
| Overseas Emergency Allowance | Available | Available | Not available |
| 24 Hours Roadside Assistance | Available | Available | Not available |
| Transport Allowance | Available | Available (for fire or theft claim only) |
Not available |
| Modifications and Accessories | Available | Available (for fire or theft claim only) |
Not available |
| Singapore Only | Available | Not available | Not available |
Please remember to always refer to our Motorcycle Insurance Policy Document for full details
Private Settlement Form
Product Disclosure Document
Last Updated: 12 November 2021
Latest Motorcycle Insurance Promotions
Pay Less for Motorcycle Insurance or get up to $80, Even If You Don’t Buy.
If your renewal premium with your current insurer is cheaper than our premiums for the same level of cover, we’ll give you up to $80*, even if you don’t buy from us!
Find out more
Bring a Buddy: Unlimited Referrals. The More You Refer the More Rewards You’ll Get!
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!
Find out more
Bring A Biker Buddy
UPSIZED REWARDS: Get even BIGGER BONUS rewards when you refer 3 or more biker friends. Limited time only!
Find out more
Existing Customers: Get up to 10% Off Any Additional Insurance Policy!
Already an existing customer? Get great discounts. Buy one or more additional insurance policies and save up to 10% on your premium.
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Great Customer Feedback! /5 stars based on verified reviews.
You may find it helpful to know what others think about our services and products before deciding to buy with us.
Here are all the reviews, unfiltered and unedited, from customers who have shared their feedback with us.
All Motorcycle Insurance is rated out of 5 by 337 verified customers.
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.
Motorcycle Insurance Knowledge Base
Get quick and easy answers to your questions about motoring and insurance.
