What’s The Fine? No Policy, Know Your Rights

car insurance singapore

Car insurance Singapore policies are not cheap, and for that matter, neither is owning a car in Singapore. But, like in the US, as well as is the case in many areas of the world, if you are an owner and operate a vehicle, you do have to invest in an insurance policy. But, if you do not have one, or if you are a new driver and are wondering what would happen if you were to get pulled over and did not have a policy in place, there are some things which you should be aware of before you step behind the wheel.

With a cost of $700 to $3K a year, many will consider the option to drive without insurance policies; but, you should be aware that it is required for you to operate a vehicle, to have a minimum coverage policy in place as a driver. In the event of an accident, or even if you are pulled over for a routine traffic stop, you are going to be asked for your insurance policy by the cops.

What are the legal ramifications?

The 3rd party risks and compensation act requires you to have an insurance policy if you do drive in Singapore; depending on what type of vehicle, your age, and other factors, the level of coverage you are going to choose is obviously going to be a case by case determination. But, you do want to have a minimum coverage policy in place; this is going to ensure you can at least do body work and pay for injuries if they are sustained at the time of the incident.

If you are convicted you do face penalties up to $1K it can also come with a 3-month suspension of your license. Depending on the ramifications, why it is you are pulled over, and what the reason is you are driving without insurance, the penalties are going to be a case by case determination by the cops which pull you over as well. For such reasons it is best for you to at least consider a minimum policy coverage option at the time of choice. Not only does this ensure you are not going to have to pay the out of pocket costs, but also that you are not going to be facing any time with a lost license because you are not able to drive for not having an insurance policy in place.

Cops may ask: if the car belongs to you or not, if you are licensed to drive it, if you are using it for work of for leisure, and so forth. Of course in every case it is going to vary, so the penalties are going to differ. At a minimum, you are going to be facing a penalty in terms of the cost of not having an insurance policy in place, and you may also be facing the loss of license issue if you are pulled over for a particular reason and do not have an insurance policy in place with an insurer.

How about the accident?

So, you are aware of the legal risk, but if you are in an accident and you do not have insurance, this is not going to bode too well for you here either. In more cases than not, you are going to have to pay out of pocket to do repair work to your car. If you are at fault, you are also going to have to pay this out of pocket cost to do the repair work to the car you hit, and do damage to as well as the at fault driver.

If you are injured you are going to incur these costs as well. this will also be the case if you do have passengers in the car, and if you injure others who are in the other vehicle. Of course the police report is going to go a long way in determining who is at fault and what you are going to have to pay. But, if you are injured, if you hurt others, or if there is damage to the car or to property at any time while you are uninsured and are the driver, you are going to be having to deal with the costs which go in to the repair work as well as to pain, medical bills, and any other cost you incur for yourself as well as for the other driver, if you are found to be the party who is at fault. At the very least, you are going to get a ticket, and you can face a suspension of the license as well if you do not have insurance.


High risk drivers are going to have a hard time getting a policy; so, in the event of fraud, you are going to find that this is also going to end up costing you as well. In order to avoid this, you will have to compare, shop for policies, and know what your options are as a driver. You might find your policy rates are going to be higher if you are a risky driver, but this does not mean you should not have policy coverage. You are going to want to take your time to shop, compare, and see what is out there. this is the ideal way to find the right coverage, to know you are getting a great rate, and to ensure you are going to find the right insurer for your policy needs as a risky driver.

Of course you do not want to get pulled over or in an accident, but these are things you can’t simply wish away. Accidents happen and there is no way to tell when or how bad, or who is going to be at fault. Since you can’t avoid these things, and since you are going to have to deal with authorities as well as other drivers if you are involved in a wreck, you should invest in an auto insurance policy, no matter what the up front costs.

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