Singapore’s Cheapest Comprehensive Plan

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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!

MAIN RIDER / VEHICLE DETAILS
  • Please call us at 6221 2111, Mondays to Fridays, 8am to 8pm and Saturdays, 9am to 3pm (excluding public holidays) for our team to personally help you.
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We offer Singapore's Cheapest Comprehensive Motorcycle Insurance for Safe Riders according to an independent study conducted by ValueChampion

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

cheapest motorcycle insurance

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

Pay Less with Budget Direct Insurance

No agent commission

No agent commission

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

Tailor-made cover

Tailor-made cover

Save by restricting your policy to you and one other person you allow to ride your bike. Pay only for the cover you need.

here 24/7

24/7 claims

You can lodge a claim over the phone or online at any time of the day or night, 365 days a year.

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 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

Show More

Get a Quote

Get a Quote

Get a Quote

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

Get a Quote

Get a Quote

Get a Quote

How to Switch

Switching to Budget Direct Insurance from another insurer is as easy as 1-2.3


1

Select

Get a motorcycle insurance quote from Budget Direct Insurance. Weigh up the costs and benefits of switching from your current insurer.

2

Save

Save up to 20% buying motorcycle insurance direct.

3

Contact

Once you’re covered by us, contact your previous insurer to cancel your other policy.

Want more protection?

For an additional premium, you can customise your motorcycle insurance by adding one or more of these optional benefits to your policy:

No Claim Discount (NCD) Protection

No Claim Discount (NCD) Protection

You can make one claim in a policy term without affecting your NCD. Applies only to those who have 20% NCD.

Personal Accident

Personal Accident

If the rider is injured or killed in an accident involving your motorcycle, then we will pay up to S$50,000. Choose either S$20,000 or S$50,000 for the amount of cover you want.

24 Hours Roadside Assistance

24 Hours Roadside Assistance

If you don't want to be stranded by a breakdown, flat tyre, flat battery or anything else, our 24 Hours Roadside Assistance will be there for you. You will be covered up to S$100 for tows in Singapore and up to S$300 for tows outside Singapore.

Rider Plans and Vehicle Usage

Customise your policy to best suit you and how your vehicle is used.

Named Rider Plan

Build your cover for you and one other person you allow to use your motorcycle.

Vehicle Usage

Tell us how you use your motorbike so we can provide you with the right level of cover. You pay only for what you need. For instance, do you use your motorbike getting to and from work? Or outside office hours?

Great Customer Feedback

feefo
/5 | Based on verified reviews*
Feefo platinum service 2021

See what our customers say!

5 stars feefo

Very competitive rates on same product.

Daniel B
5 stars feefo

Great price. Good level of cover. Got exactly what I needed and at the best price I could find

Patrick
5 stars feefo

Easy and fast, smooth and everything done in a second

Yizheng
5 stars feefo

Value for money. Worth it totally.

Chern Yong
5 stars feefo

The cheapest policy I can get in town so far.

Chris Chua Yung Seang

Motorcycle Insurance FAQs

What types of 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.

Who would Budget Direct Insurance not insure?

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 also don’t cover riders who have a DUI charge (riding while under the influence of alcohol or drugs).

My motorcycle is over 10 years old, are you able to cover me?

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. Budget Direct Insurance offers motorcycle insurance premiums from as low as $150^. We also provide a wide range of optional covers.

I would like to start work for a food delivery company such as Deliveroo, foodpanda or GrabFood using my own motorbike. Does my motorbike insurance with Budget Direct Insurance cover me?

We do not allow use of your motorcycle for carrying of passengers or delivery of goods in connection with any trade or business, for example, for despatch or courier purposes including but not limited/ restricted to Deliveroo, foodpanda or GrabFood whether paid or not.

Last Updated: 8 March 2021