Ride with confidence &

Protection

Types of Motorcycle Insurance Covers

What is a Motorcycle Comprehensive Insurance?

For Comprehensive Motorcycle Insurance: is the most protected coverage policy of all. The older generation of riders calls it as the Number 1 Insurance/First Party Insurance.

Summary of Coverage:

  • Accidental damage to your vehicle
  • Death/injury to other parties
  • Damage to other parties’ property
  • Fire damage to, or theft of, your vehicle

If the premium amount is not an issue to you, We would strongly advise you to be insured under this policy. At least you can ride with a piece of mind and not worry about accidental damage from your own mistake and yet pay a hefty repair cost.


What is a Motorcycle Third Party, Fire and Theft Insurance?

For Third Party, Fire and Theft Motorcycle Insurance: As the description already says, its a coverage policy to third-party claims, Fire damage to your bike and covers the risk of being stolen. The older generation of riders calls it as the Number 2 Insurance/Second Party Insurance,

Summary of Coverage:

  • Death/injury to other parties
  • Damage to other parties’ property
  • Fire damage to, or theft of, your vehicle

Although Singapore had very few cases of stolen/theft of motorcycles, recent years there is an increased case of arson on motorcycles and reports of thefts too. It's better to insure with this policy, at least you wouldn't stumble into this situation.


What is a Motorcycle Third Party Insurance?

For Third Party Motorcycle Insurance: The minimum coverage policy to only third party claims. The older generation of riders calls it as the Number 3 Insurance.

Summary of Coverage:

  • Death/injury to other parties
  • Damage to other parties’ property

Any accidental damage by yourself, stolen or fire damage to your motorcycle, means not claimable. Basically, this coverage is for you to ride on the road, in an accidental situation, the other party can claim from you.

Third Party

Accidental loss or damage by fire *
Loss or damage by theft *
Towing service **
Accidental loss or damage by other insured causes *
Vehicle stolen outside Singapore subject to applicable excess*
Death or bodily injury to third party
Loss or damage to third party property
Legal costs and expenses.

Fire & Theft

Accidental loss or damage by fire *
Loss or damage by theft *
Towing service **
Accidental loss or damage by other insured causes *
Vehicle stolen outside Singapore subject to applicable excess*
Death or bodily injury to third party
Loss or damage to third party property
Legal costs and expenses.

Comprehensive

Accidental loss or damage by fire *
Loss or damage by theft *
Towing service **
Accidental loss or damage by other insured causes *
Vehicle stolen outside Singapore subject to applicable excess*
Death or bodily injury to third party
Loss or damage to third party property
Legal costs and expenses.
* Up to market value at the time of loss or damage.
** Up to S$50

Insurance Coverage

Insurance Benefits

Benefits of buying your Motorcycle Insurance through us?

- Instant motorcycle insurance quotes that we can generate within 30 secs when you start filling up your details with our quotes.

- Compare and get the best value premium for you and your beloved bike.

- Get a softcopy of the Motorcycle certificate of insurance stored under your member's account once you are insured with us.

- Paper-free and haste free.

- Most secure payment gateway by Stripe.

FAQs on Motorcycle Insurance

Simply by filling all all the details required. Select the your choice of plan & premium, make payment and you will received your motorcycle certificate of insurance shortly.

If you had purchased a policy, it will usually take one working day for our insurer to update to their LTA system. Applies to weekends purchase too.

You can, however, go to any nearest post office or LTA with the printed hardcopy of your insurance to do the renewal of your road tax.

*Subject to the opening hrs of post office & LTA.

If your policy is bought from us, Simply by login to your account that you make the purchase with and have the current insurance policy stored under that account.
Under the "Insurance Extension" tag.
Click "Extend", choose your intended extend period, then submit for the extension.
We will follow up with you the next working day on the amount of premium needed in the email. Just follow the email instructions to make payment on our website and we will proceed with the extension as requested by you.
Once the policy is endorsed, you will receive an SMS & email on the policy updates. You can also click the "Insurance" tag under your account to view/download the new policy document.

Simply by login to your account that you make the purchase with and have the current insurance policy stored under that account.
Under the "Insurance Sub-rider" tag.
Click "Add Sub Rider", Key in all your sub rider's details, then submit sub rider details.
We will follow up with you the next working day on the amount of premium needed in the email. Just follow the email instructions to make payment and we will proceed with the adding of the sub rider as requested by you.
Once the policy is endorsed, you will receive an SMS & email on the policy updates. You can also click the "Insurance" tag under your account to view/download the new policy document.

Simply by login to your account that you make the purchase with and have the current insurance policy stored under that account.
Under the "Insurance Cancellation" tag.
Click "Cancel", Check the details of the policy, Select the reason for cancelling the policy. Upload the photo of supporting document regards to the reason. Click "Continue" to confirm.
Cancellation of the insurance policy will take roughly 3 weeks before we get the actual refund amount.
Once we received the updates on the refund amount, we will update you through email and the cheque for the cancellation refund amount will be mail to you within 7 working days.

Once you have purchased the policy from us, we will generate the certificate of insurance. 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.

Our subsidiary company, Globalshield Pte Ltd is an insurance agency provider for all kind of Motorcar, Motorcycle & commercial insurance.
We are authorized to transact general insurance business by our insurer.
GIA No: C005132

You can call us at +65 6681 6778, press 5 to connect directly to the insurance support team. Else you can chat with us using the Facebook Messenger on all related matters.

Stated in some of the policy and confused about what an excess means?
If you have to claim your own motor policy for your own repair, you need to pay this additional amount to the insurer to cover the repair fee involved.
For example, if you have a comprehensive insurance with the excess of $500. And the total repair fee is $5000, then the insured just need to pay the excess of $500 and the balance of $4500 will be paid by the insurer. 
Likewise, for total loss or fire & theft, the same theory applies. 

Yes, you can! Do contact us through our Facebook Messenger or call us at +65 6681 6778, press 5 to connect directly to the insurance support team. We can provide you our cooperate account so that you do the bank transfer.

How to purchase insurance

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