1. Budget Direct Insurance
  2. Motorcycle Insurance

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.​

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Singapore’s Cheapest^ Comprehensive​ Motorcycle Insurance for Safe Riders
^Based on an independent consumer research study.
More details here.
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Comprehensive​ Motorcycle Insurance for Safe Riders

Motorcycle insurance due? Pay Less 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!

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 2022 Honda CBF150

cheapest motorcycle insurance
Budget Direct
FWD
DirectAsia
Average
Income
Etiqa
Premiums include any discounts as at (14/03/2022) valuechampion

Source: ValueChampion consumer research study.​
Comparison based on each insurer's base plan with no add-ons. Coverage features may differ.​

Budget Direct Insurance offers Singapore’s cheapest^ Comprehensive Motorcycle Insurance for safe riders, according to an independent study conducted by consumer research firm, ValueChampion.​

^For more details, visit valuechampion.sg/best-cheap-motorcycle-insurance#safe​

More Reasons Why It Pays to Choose Budget Direct Insurance

cheap and good

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.

here 24/7

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.

money back guarantee

No Agent Commission

Pay less when you buy your bike insurance direct. No middleman or agency fees means you make a big saving.

3 Types of Motorcycle Insurance Policies to Choose from

Compare benefits, features, claim limits and optional extras of our different motorbike insurance plans.

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What We Cover

comprehensive motorcycle insurance

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.

motorcycle tpft

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.

motorcycle tpft

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

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Recommended

What We Cover

comprehensive motorcycle insurance

Comprehensive

motorcycle tpft

Third Party Fire and Theft

motorcycle tpft

Third Party Only

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

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Get a Quote

Get a Quote

Please remember to always refer to our Motorcycle Insurance Policy Document for full details

Motorcycle insurance private settlement form

Private Settlement Form

Motorcycle insurance product disclosure document

Product Disclosure Document
Last Updated: 12 November 2021

More ways you can benefit

Cut costs without cutting back on your insurance!
Here are ways you can enjoy big savings.

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.

  1. Private and Commuting Use
  2. Private and Occasional Business Use
  3. Private and Business Use

Authorised Workshops

All repairs carried out at our Authorised Workshops are guaranteed against defects of repairs for 12 months. You can choose which worksho to go to so long as it is on our list of Authorised Workshops.

Go Paperless

Your premium will be S$20 (before 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 cover

Want cover just for Singapore? You will get a discount on your insurance premium. A smart way to cut down your costs. Available for comprehensive policies only.

Excess

Excess is the amount that you have to pay towards your claim. At Budget Direct Insurance our standard policy excess for motorcycles is S$500. You can choose to reduce or increase this amount depending on your claim experience and budget.

For motorcycle you can reduce your excess right down to zero. This will increase your premium but means you pay less excess if you have to make a claim. You can also increase your excess up to S$800 - which means you pay less premium.

 

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!

Common Motorcycle Insurance Questions
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.

Latest Motorcycle Insurance Promotions
Promo

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 Promo

Bring a Buddy: Unlimited Referrals. The More You Refer the More Rewards You’ll Get!

Refer a friend to buy an annual policy and get a $20 e-shopping voucher. Your buddies will each get up to $50 in e-shopping vouchers with any policy they buy. It's a win-win!

Find out more

Existing Customers

Existing Customers: Get Up To $50 in e-Shopping Vouchers!

Already an existing customer? Get up to $50 in e-shopping vouchers with any additional insurance policy you buy.

Find out more

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 4.7 out of 5 by 337 verified customers.

Pay Less for Motorcycle Insurance or get up to $80, Even If You Don’t Buy.

Promo Ends:30 September 2022
motorcycle
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

Bring a Buddy: Unlimited Referrals. The More You Refer the More Rewards You’ll Get!

car
motorcycle
travel
Refer a friend to buy an annual policy and get a $20 e-shopping voucher. Your buddies will each get up to $50 in e-shopping vouchers with any policy they buy. It's a win-win!
Bring  A Buddy

Existing Customers: Get Up To $50 in e-Shopping Vouchers!

car
motorcycle
travel
Already an existing customer? Get up to $50 in e-shopping vouchers with any additional insurance policy you buy.