Commercial Vehicle Insurance Quotes
Get quotes across different insurers in Singapore
Commercial Vehicle Insurance Quotes

Select Commercial Vehicle Type

At elloAuto, we connect you to licensed representatives who can advise you on commercial vehicle insurance and get quotes from multiple insurers in Singapore.

The process of getting your vehicle insured will also be simplified for you as much as possible.

If your business operates a fleet of 10 or more commercial vehicles with the same registration dates, you can get them insured under a commercial fleet insurance cover.

In general, fleet insurance will be cheaper and there is less paperwork to deal with when it comes to yearly renewal as the whole fleet of vehicles are covered under one motor insurance policy.

Commercial Vehicle Insurance Quotes

Policyholders should ensure that authorised drivers observe and fulfil the terms of the commercial vehicle insurance policy on order to be entitled to indemnity.

An example of one of the terms is to keep to the insured usage of the commercial vehicle.

Typically, the insured usage of a vehicle is stated at the Limitations as to Use section of the Certificate of Insurance.

Example 1:

  • If a commercial van is only insured for transporting company goods and not for hire and reward activities, the van should not be used to transport third party goods for a fee.

Example 2:

  • A company bus (aka private bus) that is only supposed to transport its company’s employees, should not be used to transport tourists or other types of passengers for a fee.

Commercial Vehicle Insurance vs Private Vehicle Insurance

There are some differences between private vehicle insurance and commercial vehicle insurance.

Private Vehicle Insurance:

  • Up to 50% No Claim Discount (NCD)
  • Must name at least 1 driver (except for most company cars)

Commercial Vehicle Insurance:

  • Up to 20% No Claim Discount (NCD)
  • Authorised Drivers do not have to be named (in most cases)

Similar to private vehicle insurance, commercial vehicle insurance is commonly available in these 3 types of plans:

  • Comprehensive Cover
  • Third Party, Fire and Theft Cover
  • Third Party Cover

Commercial Vehicle Insurance Contact Form

For any enquiries, fill up this form or email to and someone will get back to you soon.
Contact Form