Car sharing in Singapore: Let's talk about insurance for drivers
31 Aug 2021|17,182 views
Car owners are likely to know what their car insurance covers as their policy is purchased and tailored to their requirements. But as a car sharing driver, are you aware of your car insurance provided? Fret not. Here is a summary of insurance coverage offered by car sharing providers in Singapore.
Before you continue, check out our Ultimate Guide to Car Insurance in Singapore if you are clueless about car insurance.
Or if you happened to stumble upon this article looking for a comparison of car sharing prices, we've done an article on that too!
BlueSG
BlueSG provides third-party insurance coverage for its vehicles, but it is only applicable when the driver is within the BlueSG zone.
There is unlimited coverage for death/bodily injury to any person in a single accident. Furthermore, users can claim up to $5,000,000 per claim/a series of claims resulting from one instance of damage to property due to the accident. And if required, medical expenses up to $1,000 is covered for the driver and each person per accident.
Unlike most car sharing services, BlueSG covers personal accident insurance for the driver and each passenger for up to $50,000. However, a downside is that it only covers passengers aged 16 - 65 years of age at the time of injury. Lastly, there is no coverage for any damages or loss to the driver's property during the usage of BlueSG services.
The table below is the excess payable in the event of an accident:
Own damage excess payable (refers to damage caused to a BlueSG car)
Standard Excess | Young Drivers' Excess | Inexperience Drivers' Excess |
$2,000 (Members aged 27 years+ and a valid driving license for more than 2 years) | $5,000 (Members who are below 27-years old) | $5,000 (Members with a valid driving license for less than 2 years, regardless of age) |
Third-party excess payable (refers to claims paid or to be paid by any BlueSG/BlueSG insurer to third parties for personal injury, property damage or otherwise)
Standard Excess | Young Drivers' Excess | Inexperience Drivers' Excess |
$2,000 (Members aged 27 years+ and a valid driving license for more than 2 years) | $5,000 (Members who are below 27-years old) | $5,000 (Members with a valid driving license for less than 2 years, regardless of age) |
Tribecar
Tribecar offers a third-party party, fire and theft coverage for its vehicles within Singapore. However, if users deem the insurance coverage insufficient, they can choose from two additional add-on options to expand their existing coverage.
The first additional coverage plan offered by Tribecar is the Personal Accident Insurance (PAI), which covers the hirer and authorised drivers up to 68-years old.
The other additional coverage plan offered is the Collision Damage Waiver (CDW), which reduces the insurance excess for both own damage and third-party damage by 50% in the event of an accident. However, CDW is only applicable to selected vehicles under the economy car/MPV category. The cost of the CDW is 6% - 10% of the total rental fee, depending on the vehicle type.
Own damage excess
Location | 1,000 - 2,500cc | Above 2,500cc | Premium Sedan/SUV | 1,000 - 2,500cc (New Driver) |
Singapore (Without CDW) | $3,210 | $3,745 | $4,815 | $5,350 |
Singapore (With CDW) | $1,605 | $1,872 | $3,745 | $4,280 |
Malaysia (Without CDW) | $6,420 | $7,490 | No Coverage | $5,350 |
Malaysia (With CDW) | $3,210 | $3,745 | No Coverage | Not Available |
Third-party excess
Location | 1,000 - 2,500cc | Above 2,500cc | Premium Sedan/SUV | 1,000 - 2,500cc (New Driver) |
Singapore (Without CDW) | $3,210 | $3,745 | $4,815 | $5,350 |
Singapore (With CDW) | $1,605 | $1,872 | $3,745 | $4,280 |
Malaysia (Without CDW) | $6,420 | $7,490 | No Coverage | $5,350 |
Malaysia (With CDW) | $3,210 | $3,745 | No Coverage | Not Available |
Own damage excess (super economy category 1,000cc - 2,500cc)
Location | Regular Driver | New Driver | Unnamed Driver |
Singapore (Without CDW) | $3,210 | Not Available | No Coverage |
Singapore (With CDW) | $3,210 | Not Available | No Coverage |
Malaysia (Without CDW) | $6,420 | Not Available | No Coverage |
Malaysia (With CDW) | $6,420 | Not Available | No Coverage |
Third-party excess (super economy category)
Location | 1,000 - 2,500cc | Above 2,500cc | Premium Sedan/SUV |
Singapore (Without CDW) | $3,210 | Not Available | No Coverage |
Singapore (With CDW) | $1,016.50 | Not Available | No Coverage |
Malaysia (Without CDW) | $6,420 | Not Available | No Coverage |
Malaysia (With CDW) | $1,926 | Not Available | No Coverage |
Sgcarmart
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Choose from 1000+ cars available for rent from $45/day!
Find a Rental CarDrivelah
Drivelah offers comprehensive coverage for cars 12 years and below and third-party coverage for cars above 12 years of age within Singapore, West Malaysia, and Thailand.
For both comprehensive and third-party coverage, users can claim an unlimited amount for legal liability for injury, damage, legal services, costs and expenses for death or bodily injury, and up to $5,000,000 for damages to third-party property.
For loss/damage to the vehicle due to accident, fire or theft, there is coverage of up to the car part's market value of the car part at the time of loss/damage. Lastly, personal accident up to $50,000 and medical expenses up to $1,000 is covered. However, this is only applicable for comprehensive coverage.
The table below is the excess payable in the event of an accident:
Standard excess
Coverage Type | Amount |
Third-Party Cover (Including Fire and Theft) | $3,000 |
Comprehensive Cover | $3,000 |
Additional excess (for drivers between 22 and 24 years old)
Coverage Type | Amount |
Third-Party Cover (Including Fire and Theft) | $1,000 |
Comprehensive Cover | $1,000 |
*Any additional damages/charges will be borne by the user
GetGo
GetGo offers third-party coverage for its vehicles, only within Singapore.
If users deem the insurance coverage to be insufficient, they can opt for CDW to reduce the insurance excess for both own damage and third-party damage by 50% in the event of an accident. The cost of the CDW is 5% of the total rental fee, depending on the vehicle type.
The table below is the excess payable in the event of an accident:
Experienced drivers (Above 22-years old with more than 2 years of driving experience)
Excess (Without CDW) | Excess (With CDW) | |
Own Damage | $3,210 | $1,605 |
Third-Party Damage | $3,210 | $1,605 |
Maximum Excess Payable | $6,420 | $3,210 |
Young/New drivers (22 Years old and below OR less than 2 years of driving experience)
Excess (Without CDW) | Excess (With CDW) | |
Own Damage | $5,350 | $2,675 |
Third-Party Damage | $5,350 | $2,675 |
Maximum Excess Payable | $10,700 | $5,350 |
Car Lite
Car Lite offers third-party, fire and theft coverage for its vehicles within Singapore and West Malaysia, only if declared. However, personal injuries and death are not covered.
Suppose users deem the insurance coverage to be insufficient. In that case, they can add Personal Accident Insurance for 5% of the total rental fee and CDW for 10% of the total rental fee to reduce the insurance excess for both own damage and third-party damage by 50% in the event of an accident.
The table below is the excess payable in the event of an accident:
Experienced drivers (Above 22-years old with more than 2 years of driving experience)
Excess without CDW | Excess with CDW | |||
Cars < 1,600cc | Cars > 1,600cc | Cars < 1,600cc | Cars > 1,600cc | |
Own Damage | $2,675 | $3,745 | $1,337.50 | $1,872.50 |
Third-Party Damage | $2,675 | $3,745 | $1,337.50 | $1,872.50 |
Windscreen Excess | $321 | $535 | Not Applicable | Not Applicable |
Young/New drivers (22-years old and below OR less than 2 years of driving experience)
Excess without CDW | Excess with CDW | |||
Cars < 1,600cc | Cars > 1,600cc | Cars < 1,600cc | Cars > 1,600cc | |
Own Damage | $5,350 | $6,420 | $2,675 | $3,210 |
Third-Party Damage | $5,350 | $6,420 | $2,675 | $3,210 |
Windscreen Excess | $321 | $535 | Not Applicable | Not Applicable |
Shariot
Shariot offers third-party coverage for its vehicles within Singapore and West Malaysia (you need to declare your intent to travel to Malaysia during the booking phase).
If users deem the insurance coverage to be insufficient, they can opt for CDW to reduce the insurance excess for both own damage and third-party damage by 50% in the event of an accident. The cost of the CDW is 10% of the total rental fees.
The table below is the excess payable in the event of an accident:
Experienced Drivers (Above 22-years old with more than 2 years of driving experience)
Excess without CDW | Excess with CDW | |||
Cars < 1,600cc | Cars > 1,600cc | Cars < 1,600cc | Cars > 1,600cc | |
Own Damage | $2,675 | $2,996 | $1,337.5 | $1,498 |
Third-Party Damage | $2,675 | $2,996 | $1,337.5 | $1,498 |
Windscreen Excess | $214 | $267.50 | Not Applicable | Not Applicable |
Young/New Drivers (22-years old and below OR less than 2 years of driving experience)
Excess without CDW | Excess with CDW | |||
Cars < 1,600cc | Cars > 1,600cc | Cars < 1,600cc | Cars > 1,600cc | |
Own Damage | $4,675 | $4,996 | $2,337.50 | $2,498 |
Third-Party Damage | $4,675 | $4,996 | $2,337.50 | $2,498 |
Windscreen Excess | $321 | $374.50 | Not Applicable | Not Applicable |
Car Club
Car Club offers comprehensive coverage for its vehicles within Singapore and Malaysia.
However, suppose the users deem the insurance coverage to be insufficient, they can opt for CDW to reduce the insurance excess for both own damage and third-party damage by 50% in the event of an accident.
The cost of the CDW varies depending on the vehicle type, as follows:
- Economy/Plus/Premium category: $1 per hour, capped at $5 for a 24-hours block
- Luxury category: $2 per hour, capped at $10 for a 24-hour block
- Volkswagen Beetle Cabriolet: $10 for a 24-hour block
Here are some related articles that might interest you
Best car sharing rental options for 2021 (latest prices)
The only car rental guide you'll ever need
Car sharing in Singapore - a guide by a car sharing driver
Should you rent or purchase your next car?
Car rental companies that offer affordable services for P-plate drivers
Sgcarmart
Affordable Car Rental & Leasing Deals
Choose from 1000+ cars available for rent from $45/day!
- Get best deals for short term rental & long term lease
- Rent a car by day, week or month at affordable prices
Car owners are likely to know what their car insurance covers as their policy is purchased and tailored to their requirements. But as a car sharing driver, are you aware of your car insurance provided? Fret not. Here is a summary of insurance coverage offered by car sharing providers in Singapore.
Before you continue, check out our Ultimate Guide to Car Insurance in Singapore if you are clueless about car insurance.
Or if you happened to stumble upon this article looking for a comparison of car sharing prices, we've done an article on that too!
BlueSG
BlueSG provides third-party insurance coverage for its vehicles, but it is only applicable when the driver is within the BlueSG zone.
There is unlimited coverage for death/bodily injury to any person in a single accident. Furthermore, users can claim up to $5,000,000 per claim/a series of claims resulting from one instance of damage to property due to the accident. And if required, medical expenses up to $1,000 is covered for the driver and each person per accident.
Unlike most car sharing services, BlueSG covers personal accident insurance for the driver and each passenger for up to $50,000. However, a downside is that it only covers passengers aged 16 - 65 years of age at the time of injury. Lastly, there is no coverage for any damages or loss to the driver's property during the usage of BlueSG services.
The table below is the excess payable in the event of an accident:
Own damage excess payable (refers to damage caused to a BlueSG car)
Standard Excess | Young Drivers' Excess | Inexperience Drivers' Excess |
$2,000 (Members aged 27 years+ and a valid driving license for more than 2 years) | $5,000 (Members who are below 27-years old) | $5,000 (Members with a valid driving license for less than 2 years, regardless of age) |
Standard Excess | Young Drivers' Excess | Inexperience Drivers' Excess |
$2,000 (Members aged 27 years+ and a valid driving license for more than 2 years) | $5,000 (Members who are below 27-years old) | $5,000 (Members with a valid driving license for less than 2 years, regardless of age) |
Tribecar
Tribecar offers a third-party party, fire and theft coverage for its vehicles within Singapore. However, if users deem the insurance coverage insufficient, they can choose from two additional add-on options to expand their existing coverage.
The first additional coverage plan offered by Tribecar is the Personal Accident Insurance (PAI), which covers the hirer and authorised drivers up to 68-years old.
The other additional coverage plan offered is the Collision Damage Waiver (CDW), which reduces the insurance excess for both own damage and third-party damage by 50% in the event of an accident. However, CDW is only applicable to selected vehicles under the economy car/MPV category. The cost of the CDW is 6% - 10% of the total rental fee, depending on the vehicle type.
Own damage excess
Location | 1,000 - 2,500cc | Above 2,500cc | Premium Sedan/SUV | 1,000 - 2,500cc (New Driver) |
Singapore (Without CDW) | $3,210 | $3,745 | $4,815 | $5,350 |
Singapore (With CDW) | $1,605 | $1,872 | $3,745 | $4,280 |
Malaysia (Without CDW) | $6,420 | $7,490 | No Coverage | $5,350 |
Malaysia (With CDW) | $3,210 | $3,745 | No Coverage | Not Available |
Location | 1,000 - 2,500cc | Above 2,500cc | Premium Sedan/SUV | 1,000 - 2,500cc (New Driver) |
Singapore (Without CDW) | $3,210 | $3,745 | $4,815 | $5,350 |
Singapore (With CDW) | $1,605 | $1,872 | $3,745 | $4,280 |
Malaysia (Without CDW) | $6,420 | $7,490 | No Coverage | $5,350 |
Malaysia (With CDW) | $3,210 | $3,745 | No Coverage | Not Available |
Location | Regular Driver | New Driver | Unnamed Driver |
Singapore (Without CDW) | $3,210 | Not Available | No Coverage |
Singapore (With CDW) | $3,210 | Not Available | No Coverage |
Malaysia (Without CDW) | $6,420 | Not Available | No Coverage |
Malaysia (With CDW) | $6,420 | Not Available | No Coverage |
Location | 1,000 - 2,500cc | Above 2,500cc | Premium Sedan/SUV |
Singapore (Without CDW) | $3,210 | Not Available | No Coverage |
Singapore (With CDW) | $1,016.50 | Not Available | No Coverage |
Malaysia (Without CDW) | $6,420 | Not Available | No Coverage |
Malaysia (With CDW) | $1,926 | Not Available | No Coverage |
Sgcarmart
Affordable Car Rental & Leasing Deals
Choose from 1000+ cars available for rent from $45/day!
Find a Rental CarDrivelah
Drivelah offers comprehensive coverage for cars 12 years and below and third-party coverage for cars above 12 years of age within Singapore, West Malaysia, and Thailand.
For both comprehensive and third-party coverage, users can claim an unlimited amount for legal liability for injury, damage, legal services, costs and expenses for death or bodily injury, and up to $5,000,000 for damages to third-party property.
For loss/damage to the vehicle due to accident, fire or theft, there is coverage of up to the car part's market value of the car part at the time of loss/damage. Lastly, personal accident up to $50,000 and medical expenses up to $1,000 is covered. However, this is only applicable for comprehensive coverage.
The table below is the excess payable in the event of an accident:
Standard excess
Coverage Type | Amount |
Third-Party Cover (Including Fire and Theft) | $3,000 |
Comprehensive Cover | $3,000 |
Coverage Type | Amount |
Third-Party Cover (Including Fire and Theft) | $1,000 |
Comprehensive Cover | $1,000 |
GetGo
GetGo offers third-party coverage for its vehicles, only within Singapore.
If users deem the insurance coverage to be insufficient, they can opt for CDW to reduce the insurance excess for both own damage and third-party damage by 50% in the event of an accident. The cost of the CDW is 5% of the total rental fee, depending on the vehicle type.
The table below is the excess payable in the event of an accident:
Experienced drivers (Above 22-years old with more than 2 years of driving experience)
Excess (Without CDW) | Excess (With CDW) | |
Own Damage | $3,210 | $1,605 |
Third-Party Damage | $3,210 | $1,605 |
Maximum Excess Payable | $6,420 | $3,210 |
Excess (Without CDW) | Excess (With CDW) | |
Own Damage | $5,350 | $2,675 |
Third-Party Damage | $5,350 | $2,675 |
Maximum Excess Payable | $10,700 | $5,350 |
Car Lite
Car Lite offers third-party, fire and theft coverage for its vehicles within Singapore and West Malaysia, only if declared. However, personal injuries and death are not covered.
Suppose users deem the insurance coverage to be insufficient. In that case, they can add Personal Accident Insurance for 5% of the total rental fee and CDW for 10% of the total rental fee to reduce the insurance excess for both own damage and third-party damage by 50% in the event of an accident.
The table below is the excess payable in the event of an accident:
Experienced drivers (Above 22-years old with more than 2 years of driving experience)
Excess without CDW | Excess with CDW | |||
Cars < 1,600cc | Cars > 1,600cc | Cars < 1,600cc | Cars > 1,600cc | |
Own Damage | $2,675 | $3,745 | $1,337.50 | $1,872.50 |
Third-Party Damage | $2,675 | $3,745 | $1,337.50 | $1,872.50 |
Windscreen Excess | $321 | $535 | Not Applicable | Not Applicable |
Young/New drivers (22-years old and below OR less than 2 years of driving experience)
Excess without CDW | Excess with CDW | |||
Cars < 1,600cc | Cars > 1,600cc | Cars < 1,600cc | Cars > 1,600cc | |
Own Damage | $5,350 | $6,420 | $2,675 | $3,210 |
Third-Party Damage | $5,350 | $6,420 | $2,675 | $3,210 |
Windscreen Excess | $321 | $535 | Not Applicable | Not Applicable |
Shariot
Shariot offers third-party coverage for its vehicles within Singapore and West Malaysia (you need to declare your intent to travel to Malaysia during the booking phase).
If users deem the insurance coverage to be insufficient, they can opt for CDW to reduce the insurance excess for both own damage and third-party damage by 50% in the event of an accident. The cost of the CDW is 10% of the total rental fees.
The table below is the excess payable in the event of an accident:
Experienced Drivers (Above 22-years old with more than 2 years of driving experience)
Excess without CDW | Excess with CDW | |||
Cars < 1,600cc | Cars > 1,600cc | Cars < 1,600cc | Cars > 1,600cc | |
Own Damage | $2,675 | $2,996 | $1,337.5 | $1,498 |
Third-Party Damage | $2,675 | $2,996 | $1,337.5 | $1,498 |
Windscreen Excess | $214 | $267.50 | Not Applicable | Not Applicable |
Excess without CDW | Excess with CDW | |||
Cars < 1,600cc | Cars > 1,600cc | Cars < 1,600cc | Cars > 1,600cc | |
Own Damage | $4,675 | $4,996 | $2,337.50 | $2,498 |
Third-Party Damage | $4,675 | $4,996 | $2,337.50 | $2,498 |
Windscreen Excess | $321 | $374.50 | Not Applicable | Not Applicable |
Car Club
Car Club offers comprehensive coverage for its vehicles within Singapore and Malaysia.
However, suppose the users deem the insurance coverage to be insufficient, they can opt for CDW to reduce the insurance excess for both own damage and third-party damage by 50% in the event of an accident.
The cost of the CDW varies depending on the vehicle type, as follows:
- Economy/Plus/Premium category: $1 per hour, capped at $5 for a 24-hours block
- Luxury category: $2 per hour, capped at $10 for a 24-hour block
- Volkswagen Beetle Cabriolet: $10 for a 24-hour block
Here are some related articles that might interest you
Best car sharing rental options for 2021 (latest prices)
The only car rental guide you'll ever need
Car sharing in Singapore - a guide by a car sharing driver
Should you rent or purchase your next car?
Car rental companies that offer affordable services for P-plate drivers
Sgcarmart
Affordable Car Rental & Leasing Deals
Choose from 1000+ cars available for rent from $45/day!
- Get best deals for short term rental & long term lease
- Rent a car by day, week or month at affordable prices