Commercial Vehicle Insurance

 

 

 

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5 Key Benefits

When You Buy or Renew with InsureDIY

InsureDIY Easy Application

Easy Online Application 

Enter your details once, to get your Income quote.

Great deals

Great Deals

Get additional discounts and promos (on top of insurer’s best discounts). 

Customizable options

Customizable Options

Flexible options available to customize your car insurance.

Transparent pricing

Transparent Pricing

All prices are what you see. No hidden costs. 

Quick Turnaround

Quick Turnaround

Get your policy documents sent to your email.

 

Why Apply or Renew through InsureDIY?

InsureDIY strives to provide you the best Commercial Vehicle Insurance Comprehensive Plan quotes from Income, with an easy, fast and convenient application. Just fill in your details in the online form and click "Submit" to enjoy $50 off your premium (new or renewal) quoted from Income. You can either offset the $50 directly during the payment, or get $50 cashback directly to your bank account, depending on your payment method.

If you have any additional questions, you can contact us at [email protected] 

 





 

 

What does the policy cover?

 

Referral Programme

Commercial Vehicle Insurance is also eligible for our Refer a Friend programme. Refer your friends and family to purchase or renew their Commercial Vehicle Insurance through InsureDIY, and get $50 cashback deposited directly into your bank account for each successful referral*.

How to refer:
1. Simply ask your friend to key in your referral code when they apply for Income Commercial Vehicle Insurance Comprehensive Plan, or

2. Drop us an email at [email protected] with you and your friend's email address when your friend has applied for the Commercial Vehicle Insurance

Referral Reward
$50 Cashback (deposited directly into your bank account)

* Only applicable if your friend has not bought any insurance policy through InsureDIY before, and the premium is S$1,000 and above. 

Here are some commonly asked questions
about Commercial Vehicle Insurance in Singapore

1. What are you covered for under Income Commercial Vehicle Insurance policy?

You will be covered for loss or damage to your vehicle and its accessories caused by: 

  • Accidental collision or overturning
  • Fire, external explosion, self ignition, lightning, burglary, housebreaking, theft, or being hit by a falling object
  • Malicious act
  • Strike, riot, civil commotion or 
  • Flood, typhoon, hurricane, volcanic eruption, earthquake or other natural disaster 

3. What happens if my car is under a hire-purchase or leasing agreement?

Income will pay any cash settlements to the hire-purchase company of your car named in the schedule. 

4. What are the geographical limits coverage (outside of Singapore)?

The policy covers you within the following geographical areas:

  • Singapore
  • West Malaysia 
  • Part of Thailand within 80km from the border of West Malaysia 

5. What is the additional excess for young and inexperienced drivers?

If the vehicle is driven by an authorised driver who is under 27 years old or has a Singapore driving license for less than 2 years, an extra excess of $1,000 will apply. 

6. Can I choose the workshop for repair under Income Commercial Vehicle Insurance Comprehensive Plan?

Your vehicle will be repaired at a workshop chosen by Income under the Comprehensive Plan.

7. Does Income Commercial Vehicle Insurance Comprehensive Plan cover Private Hire Car?

No, for Private Hire Vehicle Car Insurance, please click here. Income Commercial Vehicle Insurance covers lorry, van, refrigerated commercial vehicle, ambulance, pickup truck, tow truck, garbage truck, tanker, prime mover and various construction vehicles.

 

InsureDIY is a Broker licensed by the Monetary Authority of Singapore and is an Exempt Financial Adviser. This advertisement has not been reviewed by the Monetary Authority of Singapore.