Riding a motorcycle in Singapore offers convenience and flexibility, but it also comes with real risks. Accidents, theft, and unexpected damage can happen even to the most careful riders. This is why having proper insurance is essential, not only for legal compliance but also for your own financial protection.
In Singapore, all motorcycle owners must have valid motorcycle insurance before riding on public roads. Riding without insurance can lead to serious penalties, including fines and licence suspension. More importantly, it can leave you exposed to high costs if an accident occurs.
In this guide, we explain what motorcycle insurance is, the different types of coverage available, the benefits of having proper protection, and how to choose the right plan. Whether you are a new rider or an experienced one, this article will help you understand motorcycle insurance clearly and confidently.
Motorcycle insurance is a policy that protects riders against financial loss if their motorcycle is involved in an accident, stolen, or damaged. It also covers liability if you cause injury to another person or damage someone else’s property while riding.
In Singapore, insurance is required for:
Motorcycle insurance helps cover:
At ECICS, all riders must be named in the policy. Unnamed riders are not covered, which is important to remember when choosing or renewing your plan.
Third-Party Only insurance is the minimum legal requirement in Singapore.
This plan meets legal requirements but offers limited protection for your own losses.
TPFT insurance provides broader coverage than TPO.
This option is suitable for riders who want additional protection without the cost of comprehensive coverage.
Comprehensive insurance offers the highest level of protection.
At ECICS, our comprehensive plan is designed for riders who want fewer worries and stronger protection on Singapore roads and nearby regions.
Having proper motorcycle insurance offers several important benefits:
The cost of motorcycle insurance varies from rider to rider. Common factors include:
Insurers consider age and riding experience when assessing risk. Younger or less experienced riders are more likely to face higher premiums, while experienced riders with a clean record often enjoy lower insurance costs.
The size and power of your motorcycle affect how much it costs to insure. Larger or more powerful motorcycles usually have higher repair costs and greater risk exposure, which can lead to higher premiums.
A good claim history helps reduce your insurance premiums over time. At ECICS, we offer complimentary NCD protection for riders with an NCD of 10% and above, helping you keep your discount even after certain claims.
The level of coverage you choose affects your premium. Comprehensive plans and having multiple named riders may increase costs, but they also provide broader protection and clearer coverage when you need to make a claim.
Understanding these factors helps you choose a plan that balances cost and protection.
Choosing the right motorcycle insurance Singapore riders rely on means looking beyond price alone.
Here are some practical tips:
Also consider how you use your motorcycle. For example, ECICS motorcycle insurance does not cover usage for food, parcel, or delivery services. Our policy does cover riding in Singapore, West Malaysia, and parts of Thailand within 80.5 km of the Thailand–West Malaysia border.
Filing a motorcycle insurance claim does not have to be complicated if you know the steps.
A general process includes:
Common documents include:
Reminder: Avoid mistakes such as late reporting, missing documents, or unclear information, as these can delay claim processing or affect your coverage.
Tips to Save on Your Motorcycle Insurance Premium
Saving on motorcycle insurance does not mean reducing protection.
Here are some useful tips:
Reviewing your motorcycle insurance annually helps ensure you are getting good value.
Is motorcycle insurance mandatory in Singapore?
Yes. At least third-party insurance is required by law.
What’s the difference between TPO and comprehensive insurance?
TPO covers third-party damage only, while comprehensive insurance also covers your own motorcycle.
How much does motorcycle insurance cost annually?
Costs vary based on rider profile, motorcycle type, and coverage level.
Can I transfer my insurance when I sell my motorcycle?
Policies are usually tied to the motorcycle and rider. Check with your insurer for specific terms.
Motorcycle insurance is more than a legal requirement. It is a key part of responsible riding and financial protection. Whether you choose basic cover or comprehensive motorcycle insurance, the right policy helps protect you, your cycle, and others on the road.
At ECICS, we believe insurance should be clear, reliable, and built for local riders. By understanding your options and choosing wisely, you can ride smart and stay protected wherever the road takes you.