Compare Motorcycle Insurance Quotes Instantly.
No agents. No fluff. Just high-performance insurance tuned for Singapore roads.
Coverage Types
Third Party
- Third-party injury & property damage
- No coverage for your bike
TPFT
- Third party coverage
- Fire & theft cover
Comprehensive
- Own damage + third party cover
- Optional add-ons available
How It Works
Bike cc, rider age, riding years
Coverage & premiums side-by-side
Pick best value for your needs
Proceed to insurer/partner flow
Who This Is For
- Understand coverage types quickly
- Compare options without stress
- Focus on value, not sales talk
- High-Usage Riding Considerations.
- Understand Policy Limitations And Exclusions.
- Learn What Must Be Declared Before Purchase.
Frequently Asked Questions
Motorcycle insurance in Singapore typically ranges from $130 to $1,500+ per year, depending on your age, riding experience, bike capacity (2B, 2A, Class 2), claims history, and No Claim Discount (NCD). Younger riders and higher CC bikes generally attract higher premiums.
The cheapest motorcycle insurance is usually Third Party coverage, which covers damage to others but not your own bike. However, the best value depends on your bike’s age, market value, and riding usage. Comparing quotes helps you find the most cost-effective option.
Third Party (TP) – Covers injury and property damage to others.
Third Party Fire & Theft (TPFT) – Adds fire and theft protection.
Comprehensive – Covers your own bike damage plus third party claims.
Newer or higher-value bikes usually benefit from Comprehensive coverage.
Premiums are calculated based on:
Rider’s age
Years of riding experience
Bike engine capacity (CC)
Claims history
NCD (No Claim Discount)
Usage type (private vs delivery/commercial)
Higher risk profiles result in higher premiums.
Yes. Riders below 25 or with less than 2 years of riding experience typically pay higher premiums due to higher statistical risk. Premiums usually reduce as you gain experience and maintain a claim-free record.
NCD (No Claim Discount) is a reward for not making claims. In Singapore, motorcycle NCD can go up to 20%, reducing your annual premium. Making a fault claim may reduce or reset your NCD.
Yes, but delivery riders (GrabFood, Foodpanda, Deliveroo, etc.) must declare commercial usage. Standard private policies may not cover delivery work. Always ensure your usage is declared to avoid claim rejection. We are able to quote for commercial policy, do whatsapp us for a quote.
You can renew your motorcycle insurance up to 30 days before expiry. It’s advisable to compare quotes before renewing, as premiums may change yearly based on age, NCD and claims history.
Riding without valid motorcycle insurance in Singapore is illegal. You will not be able to renew your road tax with LTA, and you may face fines, penalties or suspension if caught riding uninsured.
Comprehensive insurance is worth considering if:
Your bike has high market value
You still have loan outstanding
You want protection against own damage
You want wider coverage benefits
For older bikes with lower value, Third Party or TPFT may be sufficient.
Motorcycle insurance policies generally cannot be transferred. The existing owner must cancel the policy and the new owner must purchase a new insurance policy under their name.
Most policies are issued within a few hours during operating hours. Once issued, you will receive your certificate via email or account login, and the insurer will update the LTA system accordingly.
SGBikeMart is not an insurance company. We operate as an insurance intermediary through our licensed partner, Globalshield Pte Ltd, which is authorised to transact general insurance business in Singapore.
All motorcycle insurance policies are issued by regulated insurers. We facilitate the comparison, application and purchase process to help riders choose suitable coverage easily and transparently.
Globalshield Pte Ltd
GIA No: C005132
Once you have purchased the policy from us, we will generate the certificate of insurance as soon as we have check through all the details. Usually, within 12 hrs, you will receive the insurance policy. We will inform you via SMS that the certificate is ready to view at the member's account. There will also be an email with the PDF attachment of the policy.
You just need to follow the step below to retrieve it.
Log in to your account at our SGBikemart Google App,SGBikemart IOS App or at SGBikemart website.
Click on the "Insurances" tag
Click "Document"and you can find your Motorcycle certificate of insurance.
In motorcycle insurance, excess is the amount you must pay out of pocket when making a claim under your own policy.
For example, if your policy has a $500 excess and your repair cost is $5,000, you will pay $500 and the insurer will cover the remaining $4,500.
Excess usually applies to:
Own damage claims
Comprehensive policies
Fire & theft claims
Total loss claims
Higher excess generally means lower annual premium, while lower excess usually results in higher premium.
You can find the full motorcycle insurance policy wording on the insurer’s official website or through the link provided during your purchase process.
The policy wording document explains in detail:
Coverage benefits
Exclusions and limitations
Excess amounts
Claim conditions
Definitions of terms
We strongly recommend reviewing the policy wording before purchasing, especially to understand exclusions, usage declarations, and claim requirements.
If you need assistance locating the document, contact our insurance support team and we will guide you accordingly.
Click here to read the Policy Wording.
If you have sold your motorcycle, you must cancel your existing motorcycle insurance policy under your account.
Follow these steps:
Log in to your SGBikeMart account where the policy was purchased.
Go to the Insurance section.
Select Insurance Cancellation.
Upload supporting documents (e.g. LTA transfer-out confirmation).
Submit your cancellation request.
After submission, the insurer will process the cancellation. Refunds (if applicable) are usually calculated on a pro-rated basis and may take a few weeks to finalise.
You will be notified by email once the cancellation and refund amount have been confirmed.
Important Notes
You must provide proof of ownership transfer.
Refund amounts depend on insurer terms and cancellation charges.
Riding without insurance after sale is illegal.
If you wish to add a sub rider (additional rider) to your existing motorcycle insurance policy, follow these steps:
Log in to your SGBikeMart account where the policy was purchased.
Go to the Insurance section.
Select Modify Sub Rider or Add Additional Rider.
Enter the additional rider’s details (NRIC/FIN, date of birth, riding experience, etc.).
Submit the request for endorsement.
The insurer will review the additional rider’s profile and calculate any additional premium required. Once payment is made (if applicable), the updated policy endorsement will be issued to you.
Important Things to Note
Adding a young or inexperienced rider may increase the premium.
Failure to declare additional riders may result in claim rejection.
Always ensure the sub rider is properly endorsed before allowing them to ride.
If your motorcycle insurance expiry date does not align with your road tax expiry, you may request a policy extension (endorsement) to match your road tax period.
Follow these steps:
Log in to your SGBikeMart account where the policy was purchased.
Go to the Insurance section.
Select Insurance Extension.
Choose your intended extension period.
Submit your request for endorsement.
Our team will review the request and inform you of any additional premium payable. Once payment is made (if required), the insurer will issue an updated endorsement reflecting the new expiry date.
Important Notes
Extension premiums are calculated on a pro-rated basis.
Processing may take one working day.
LTA road tax renewal requires valid insurance coverage.
If you are unable to renew your road tax on the LTA website, it is usually because your motorcycle insurance has not yet been updated in the LTA system.
After purchasing or renewing motorcycle insurance, insurers typically take up to one working day to transmit policy details to LTA. Purchases made on weekends or after operating hours may be reflected on the next working day.
Common reasons include:
Insurance policy not yet activated
Delay in insurer system update
Incorrect vehicle details submitted
Insurance coverage period does not match road tax period
If urgent, you may visit an LTA-authorised outlet or post office with a copy of your valid insurance certificate.
If the issue persists, contact your insurer or insurance provider to verify that the policy has been successfully transmitted to LTA.