Everything Singapore riders need to know about motorcycle insurance — coverage types, costs, NCD, renewal tips, and the best insurers. Never miss a renewal with MyRide SG alerts.
Third Party Only (TPO)
$200–$400/yrMinimum required by law. Covers damage or injury to other parties only. Does NOT cover your own bike.
✓ Best for: Older bikes, low market value
Third Party, Fire & Theft (TPFT)
$250–$500/yrTPO + covers your bike if stolen or damaged by fire. Does NOT cover collision damage to your own bike.
✓ Best for: Mid-range bikes
Comprehensive
$350–$900/yrFull coverage — third party, fire, theft AND collision/accidental damage to your own bike. Required for bikes under finance.
✓ Best for: New bikes, financed bikes, high-value bikes
NTUC Income
Local insurer · Popular for affordable comprehensive coverage
AXA / AXAS
International · Competitive TPO rates for older bikes
Great Eastern
Local insurer · Good rider personal accident add-on
Liberty Insurance
International · Fast claims processing
Tokio Marine
International · Strong workshop network
* Prices are indicative. Get quotes directly from insurers for accurate pricing based on your profile.
💡 NCD Saving Tips
Avoid making small claims — NCD is worth more long-term
Transfer NCD when switching insurers (requires letter from old insurer)
Buy NCD protector if available — protects your discount after 1 claim
Add your expiry date to MyRide SG for a 30-day renewal reminder
Never miss your insurance renewal
Store your insurance expiry date in MyRide SG. Get notified 30 days before it expires — free.