Commercial Vehicle Insurance

Drive Your Business Forward with Confidence

Protect your commercial vehicles with ECICS — enjoy flexible coverage, valuable add-ons, and dedicated claims support designed to keep your business moving.

What’s Covered by
Commercial Vehicle Insurance?

Loss of damage to your vehicle from accidental causes
(Up to market value at time of loss or damage)

Loss of damage to your vehicle by fire or theft
(Up to market value at time of loss or damage)

Liability to third party for damage to property
(Up to $500,000)

Liability to third party for death or bodily injury
(Unlimited)

Towing expenses after accident

Unlimited windscreen cover

Standard Excess
Each and every claim

Windscreen Excess
Each and every claim

Young or Inexperienced Driver Excess
Under 26 years old and/or held a valid driving license for less than 2 years

Comprehensive
$200
$750 or otherwise specified
$100 or otherwise specified
Additional $3,000
Third Party, Fire & Theft
Third Party Only

Optional Add-ons

Enhance your coverage with flexible add-ons based on your business needs:
Unique feature of ECICS
20% Buy-Up NCD
Jumpstart to enjoy 20% discount from 2nd year renewal onwards if no claims are made in the 1st year.
24/7 Roadside Assistance
Get help with non-accident breakdowns and towing in Singapore and Malaysia.
Loss of Use
Receive $50/day for up to 7 days during accident repairs.
Personal Accident Cover
Up to $5,000 coverage for the policyholder or for your authorised driver
Key Replacement Cover
Replacement of locks and keys in the event of theft or break-in

Frequently Asked Questions

What’s the difference between Commercial Vehicle and Private Motor Car insurance?

Private Motor Car insurance covers private motor cars for personal or domestic usage. Commercial vehicle insurance, on the other hand, covers commercial vehicles used for business or commercial purposes.

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How is the premium calculated?

Premiums depends on various factors such as type of business activity, type of vehicle, claims experience, coverage and excess.

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Do I need to name all my employees in my Commercial Vehicle insurance policy?

No, ECICS Commercial Vehicle insurance policy is on authorised drivers basis. It covers any person who is driving on your order or with your permission, provided it is in relation to your business and the person driving is permitted to drive in accordance with the licensing or other laws or regulations to drive the vehicle.

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What vehicles are covered under Commercial Vehicle insurance?

Typical vehicles include vans, lorries, pickups and refrigerated vehicles.

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Is Commercial Vehicle insurance compulsory in Singapore?

Yes, it is illegal to use a vehicle in Singapore without a valid insurance cover. At a minimum, you must have third-party insurance, which covers injury or damage caused to other people and their property.

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