School Bus Insurance Singapore
There are 4 types of private service transport buses in Singapore:
- Private Bus (Company Bus)
- Private Hire Bus (Commercial Bus)
- Excursion Bus (Tour Bus)
- School bus
More details about the designated use of each type of bus can be found at the LTA website.
School buses are hired under contracts to transport school children and / or school staff to and from their home and school.
School buses can also be used to transport adult workers to and from their home and work places for fees, if the bus has an Adult Workers’ Contract permit issued by the Registrar of Vehicles.
It is important to note that school buses cannot be used to transport tourists, even if its for a school excursion. Only excursion buses, operated by transport companies and tour operators, can be used to transport tourists.
An excursion bus can be used as a school bus but a school bus cannot be used as an excursion bus.
Like any other buses, a school bus registered in Singapore must be insured under a commercial vehicle insurance policy before it can travel on the public road.
Insured Vehicle Usage for School Bus
A school bus is not likely to be insured for the types of vehicle usage it is not registered for, e.g. transporting tourists.
For example, if a school bus was used to transport a group of secondary school students to Malaysia for an overseas excursion, it would probably have been operated beyond its registered vehicle usage.
Generally, when a vehicle is not used within the Limitations as to Use stated in the Certificate of Insurance, there is no entitlement to indemnity because the terms of the policy have not been observed.
The consequences could be dire if an accident happened during the journey and there is no indemnity for injuries and damages.
At elloAuto, we connect you to licensed representatives who can advise you on motor insurance for school buses and get quotes from multiple insurers in Singapore.
With this service, you don’t have to search for quotes on your own and the process of getting your vehicle(s) insured will also be simplified as much as possible.
To get insurance quotes for a fleet of school buses, make your fleet insurance quote request here or email to enquiry@elloauto.com with the bus fleet details and someone will get back to you soon.
Vehicle Insurance for School Buses in Singapore
Commercial vehicle insurance for school buses is commonly available in 3 types of coverage. Not specific to motor insurance plans from any insurer, the scope of coverage is generally as follows:
Comprehensive Cover
Third Party liability coverage + Fire and Theft coverage + Own Damage coverage
Third Party, Fire and Theft Cover
Third Party liability coverage + Fire and Theft coverage
Third Party Cover
Third Party liability coverage only
Exact coverage definitions and details will differ from insurer to insurer and is subject to its policy terms, conditions and exclusions.
Not specific to motor insurance plans from any insurer, this is what each type of coverage might cover:
- Third Party liability coverage – Expenses which insured party is legally liable to pay for death or injury to third party and / or damage to third party property.
- Fire and Theft coverage – Accidental loss or damage caused by theft or fire, up to market value at time of loss / damage.
- Own Damage coverage – Accidental loss or damage by other insured causes.
For exact coverage definitions specific to your motor insurance, do refer to its policy wordings for accurate reference.
Commercial Vehicle Insurance Companies
elloAuto connects you to representatives from financial advisory firms who can help you get motor insurance quotes across multiple insurers in Singapore.
AIG Asia Pacific Insurance Pte Ltd
Allied World Assurance Company Ltd
AXA Insurance Singapore Pte Ltd
China Taiping Insurance (Singapore) Pte Ltd
ERGO Insurance Pte Ltd
First Capital Insurance Ltd
India International Insurance Pte Ltd
Liberty Insurance Pte Ltd
MSIG Insurance (Singapore) Pte Ltd
NTUC Income Insurance Co-operative Ltd
SOMPO Insurance Singapore Pte Ltd
Tokio Marine Insurance Singapore Ltd