Car insurance is one of the most important purchases that a driver in Singapore will make. It covers you financially when you get into an accident or when you are victims of theft. You should however understand that it is not compulsory to have a car insurance policy in Singapore. Many people try to save on their premiums by simply driving without car insurance, but end up repenting after the bill arrives. If you want to save more, here are a few tips to find the best online motor car insurance quote. 

If you have an existing car insurance policy and you’re going to renew just like maid renewal insurance, you may find the below tips to be handy. 

Drive safely 

Singaporean drivers have a very low accident ratio and they are one of the safest countries in the world. This means that you will pay lower premiums as a driver in Singapore. To get lower premiums, ensure that you always drive carefully and under the control of your instructor. Avoid taking risks while driving as it will increase the risk of accidents, especially when you are a new driver. Drive carefully and take extra care on roads during the holiday seasons as Singaporean drivers usually experience a higher rate of accidents during that period. 

Get good cover for your investment 

When you are purchasing coverage for your new car in Singapore, consider the cost of insurance. Usually new car drivers do not have to pay the same excess fee as experienced drivers. Experienced drivers will have to pay a higher excess because they are considered as high-risk drivers. However, for new car drivers, it is advisable to get just the minimum coverage, as there will be no claim if you do not have adequate cover. 

Choose Comprehensive and collision insurance 

Comprehensive coverage is mandatory in Singapore. It covers all damages caused to the vehicle. You should therefore purchase comprehensive insurance which includes all damages, which were inflicted to the vehicle. Collision insurance on the other hand, will cover the repairs to the car, if it meets with an accident. Therefore, if you want comprehensive coverage, you should choose a company that offers this type of insurance. 

Driver Plans 

If you want to save money on your insurance, then you should go for the named driver plans. Named driver plans are offered by many insurance companies and give the customer the benefit of a driver who will be responsible for making payments on the policy for the vehicle. The benefits of having a named driver include lower premiums. However, you have to make sure that the person driving the car has a good driving history. You can check this by contacting the Department of Motor Vehicles to see if the person has a driving license. 

Best Car Insurance Companies 

There are various insurance companies in Singapore that offer discounts for good drivers. If you have a clean record as a good driver, then you will get discounts. Some of the companies offer good-driver discounts up to 30 percent. Many companies also offer incentives if the teenagers or inexperienced drivers buy their cars from them. 

Cheap Singapore Car Insurance  

Many Singaporean consumers who own cars are under the impression that car insurance companies only charge high premiums. They think that if they have an inexpensive insurance policy, then it is not good enough for the insurance companies. In fact, most insurance companies in Singapore offer various discounts to the consumers, depending on their age, marital status, car make and model, and several other factors. Some of the insurance companies in Singapore include Family Insurance scheme, Employer’s Liability scheme, and the Public Service System Insurance plan. 

In finding the best car insurance in Singapore, you will observe that it can give the protection that you need.