HDB Fire Insurance does NOT cover Home Contents or Home Renovations

Many HDB residents have compulsory fire HDB fire insurance but they are not aware that HDB Fire insurance does NOT cover home contents nor home renovation. (Not covering furnishing, renovations, home furniture etc)

This is why it is so important for you to seek out insurance agencies to cover your home coverage. Insurance agents do not actively go sell this insurance as it has very low commission for them. You must get a good coverage for your home as your home is probably the most expensive item you have bought.

This article is on 22nd July 2019 and demonstrated how so many HDB flat residents lost their fortunes, met with high hospital death (and in some cases funeral costs) without insurance compensations.

HDB Fire Insurance not cover Home Contents

HDB Fire Insurance not cover Home Contents

What is covered under home contents insurance? What are these that are not covered by HDB Fire insurance?

What are these that are not covered by HDB Fire insurance?

Home contents insurance covers these:-

  • their precious personal belongings
  • furniture
  • electric appliances
  • renovated furnishings

These are home contents that are NOT covered by the HDB fire insurance scheme but can be easily covered by any affordable plans offered by the numerous fire insurance companies in Singapore.

HDB Fire insurance does not cover home contents, does not cover PMD (Personal Mobility devices) such as e-scooter, e-bicycles that are charged at home and cause fire.

What does HDB Fire insurance coverage covers?


What does HDB Fire insurance coverage covers?

The HDB fire insurance scheme was introduced to protect HDB INTERNAL structures, fixtures as well as area built and provided by HDB.

What does fire insurance plan cover for HDB?

They protect HDB’s assets, not the HDB residents. This is so that HDB does not need to ask for the HDB flat dwellers for compensations on repairs works after any fire accident. HDB can simply claim from the fire insurance company, which collects the necessary premiums from the HDB owners yearly.

Till 15 August 2019, the 5-year premiums (including 7% GST) are as follows:

Flat Type5-Year Premium (Including 7% GST)Sum Insured
2-room/ 2-room Flexi$2.50$26,300
Executive/ Multi-Generation flats$7.50$98,200
Studio Apartment (Type A)$3.50$29,000
Studio Apartment (Type B)$4.00$37,200

This is also why HDB fire insurance is so cheap, it only covers the structures of the HDB flats and not on the flat residents’ furniture, furnishing, and belongings.

Is HDB fire insurance compulsory?

Yes, it is compulsory for all HDB flat owners with HDB mortgage loans to buy basic HDB fire insurance. If you have a bank loan for HDB, the bank will almost certainly require you to buy fire insurance from their appointed insurers partners too.

HDB and banks do not want their assets to be without cover.

Do I have fire insurance?

Probably no. You may have the compulsory HDB structures fire scheme, but most likely you do not have fire insurance for your home contents.

In the Straits Times report on 22 July 2019, more than 50% of all HDB residents do NOT have Home Content Fire insurance.

You should probably speak to an agent with more than a few comparison insurers for the best value for money plan.

As a condo owner, does condominium MCST has fire insurance?

No. Even if your condominium MCST has fire coverage, it would be for the structural and common assets, NOT for your own personal belongings.

How much does fire insurance cost?

Very little. A basic home contents plan will cost you less than $50 a year or $4 a month. Yes, barely $50! Even more premium and wider coverage plans cost you barely $10-$30 a month. Singaporeans generally treasure their belongings at home and tend to choose the popular wider coverage home contents insurance.

Even for condominium and landed property owners such as bungalow, semi-detached, etc, fire insurance coverage for your home amounts to only a few cents or dollars per day. Some costs less than $200 per year.

HDB Fire Insurance does not cover home contents

HDB Fire Insurance does not cover home contents

How do I claim for fire insurance?

For HDB fire insurance scheme, HDB can claim directly with the appointed fire insurer, and an officer will probably need you to help in providing the situational report on the fire.

For home content fire insurance, you can refer to the insurers’ website for the correct forms or refer to your fire insurance brokers. Update your insurers fast because they need to check the scene as soon as possbile before you start cleaning and clearing away the debris.

You can also contact us directly for help.

Does home insurance cover fire caused by PMD charging?

If a fire is caused by a PMD (personal mobility device) charging while you are at home and not sleeping, home content insurance usually covers these fire or accidents.

However, if your PMD such as E-scooters battery is charging unsupervised while you are asleep or not at home, any fire or accidents that occurred would not be covered by your home contents insurance.

Do NOT charge your PMD batteries unsupervised.

Which home fire insurance is best in Singapore?

Which home fire insurance is best in Singapore?

The home insurance that you have paid and is active in covering your family home.

There are 101 different fire and home insurance in Singapore, and thanks to MAS, all General Insurers are regulated with proper financial assets to back their protections.

The best insurance plan is useless if you are not under it. Get something fast and get it over with quickly because there are too many people who are procrastinating and regretting it when “it won’t happen to me” happens.

How do I get fire insurance?

Get it from a trusted fire insurance broker. HM Consultancy works with many insurance companies to get affordable and value for money plans for their clients. If you do have special cases, such as more sentimental or valuable belongings in your home for assessment, you can contact us for customised plans.

HM Consultancy has worked with condominiums, landed properties such as good-class bungalows, semi-detached, terrace as well as HDB flats for home and fire coverage. Not only that, we have done specialised cases for people with unusual art works, drones, electronics at home too.

Do check HM Consultancy for the best home fire insurance coverage.

Fire is costly and disruptive to business & home owners

Most of us, be it homeowners or businesses think the most a fire can do to our belongings and properties are just destroying it and end-of-story.

UPDATE: 23 July 2019 – another fire caused by charging batteries of PMD

SINGAPORE – A personal mobility device (PMD) left to charge in an Ang Mo Kio flat early on Monday (July 22) exploded in the afternoon, causing a fire that destroyed the flat and damaged two neighbouring units.

PMD charging fire no insurance coverage

PMD charging fire no insurance coverage

Home contents Fire Insurance does not cover unsupervised charging of PMD batteries

Please note that many insurers, even when you buy home contents insurance does not cover your home due to e-scooter charging overnight with no supervision.

In this case, the adults left the e-scooter to charge and they left the home without anyone, the fire insurance would NOT cover this case due to unsupervised charging of PMD (personal mobility device)

It is a lot more damaging than that (you won’t understand the weeks or months disruption until you encountered one)

And if a fire happens to a neighbour, you may think its no big deal to me!

Fire affects everyone, even those unburnt

A FIRE, even only on a neighbour and not on your site, can be very disruptive to your business and life.

The aftermaths of a fire can be extremely costly to a neighbourhood.

You now face blacked surroundings, and you are also left with severe waterlogging (from firefighting activities) and cleanup work to be done. Your businesses cannot resume without all these works.

And even after restorative works are completed, your business may not be continuing as per normal:- your usual customers may shun you.

Is Fire insurance more expensive?

A cheap yearly annual fire insurance or business insurance or the risks of loss of capital, loss of income and painful restorative payments.

A fire gutted Ang Mo Kio shophouses on 5th July 2019 and the damage was painful. Not only that, patrons and customers stayed away from the area.

Taken from Straits Times https://www.straitstimes.com/singapore/shopkeepers-bemoan-loss-of-business-after-ang-mo-kio-fire-injured-scdf-officer-discharged

The fire, which has affected the supply of power and electricity to the block, has resulted in Mr Leong losing about 50 per cent of his usual business.

“We are safe and we are lucky we can still open, but there is no phone line here, which means my customers cannot make bookings and can only pay with cash. Even when they walk in, they do not want to stay because there is no Wi-Fi,” he said.

Mr Leong is not alone, as other shopkeepers and employees also bemoaned the lack of Internet service and for some, electricity.


Fire is bad for homeowners

Thankfully, if a fire occurred and your family and you are safe, bless you!

Roughly 100 residents were affected by a single household fire on 24 June 2019.

In a video posted by Facebook user Dahlia SenSasi, thick black smoke is seen billowing out of the fourth-floor corridor as at least six firefighters break into the corner unit where the fire is raging.

People can also be seen knocking on doors on the other floors to alert residents of the incident. A total of 100 residents were evacuated by police, said SCDF.


However, the bad news:- a fire engulfed your personal belongings, your important memory, and sentimental stuff, there are more….

You have to spend more money to restore your structure, your furnishing and redo furnitures for your home.

Damages caused by neighbour’s fire in HDB, Condo or Landed

If you are a neighbour, not only do you have to feel heartpain for your neighbour’s poor stroke of luck, you probably have to fork out plenty of money to clean up your home. If you are above or near him, you have to repaint the walls, throw away furnishing, clothes, furnitures that are damaged with bad smell and smoke.

If you are below him, you will have to deal with severe water damage.

If you are cautious about money and financials, you will realise something:- a fire insurance is the best thing you can to protect your finances.

Don’t just buy fire insurance, get a proper business or home coverage at the best value-for-money, don’t overpay for coverage you may not need. Do not over pay for your insurance cover.

Contact Us

Free $10 for your Motor Car insurance Renewal Notice

Are you overdue soon for your motor car insurance in the next few months? Your private car, or business’ commercial vans, lorries or fleet? (Gallery)

Not only can you get a FREE check on whether we can save you money for lower motor insurance, we are also giving you $10 for the checks!

No Obligation- FREE $10 just for Car Insurance Renewal Notice!

Would you like a professional adviser to see if he can get you a cheaper or a better deal for your current motor car insurance? HM Consultancy could be the professional general insurance specialist that you never knew you needed.

A $10 voucher to start our journey, where you can buy some fruits for the household or some chocolate and ice cream for your children and loved ones.

Car insurance renewal notice gift voucher Singapore

Car insurance renewal notice gift voucher Singapore

We are giving away free $10 voucher just for sending us your current car insurance notice! (just so we can quote you a better one!)

Even if you do not buy, you still keep the $10 voucher!

This is how confident HM Consultancy is, given our decades of experience in all General insurance such as car insurance, be it your comprehensive motor insurance, third party or a third party with fire and theft auto insurance. =)

Side note about HM:- HM are specialists in general insurance such as commercial fleet, private auto vehicle, GI for personal accident, travel insurance, travel annual plans, home fire insurance, and commercial public liability as well as group health and group dental plans.

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1.) Click the link https://hmconsultancy.com.sg/renewal-notice-ntuc-voucher-giveaway/
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Claim your $10 NTUC Voucher NOW just by submitting your renewal notice!

BONUS: If you get a better insurance quote from us, you are saving money instead of blindly renewing your old, more expensive motor insurance quote!

EXTRA BONUS: Our team will always ensure great follow up whenever you need to claims and after-sales service (buy insurance most importantly is to claim, right?)

Car Insurance – Why comprehensive? Why Any Workshop is important?

EDIT: Since publishing, we received numerous enquires and we have spoke 1 major car insurance for a bonus deal for 2019:- they will be giving ANY WORKSHOP plans for your comprehensive package! You do not lose time, convenience and value anymore! Contact us soon before the offer ends!

Singaporeans love value for money stuff and car insurance is no difference. Without a doubt, the basic third party coverage is the CHEAPEST car insurance you can find in Singapore. The most value for money car insurance is definitely comprehensive car coverage (note: not from all insurers, only from those with a big network and wants volume)

Car insurance in Singapore are into 3 main car insurance package

  1. Third Party Coverage
  2. Third Party Plus Fire and Theft Coverage
  3. Comprehensive Car Coverage

As we all know, third party is cheapest, comprehensive is the best and most popular insurance selection in Singapore. Cheapest is best if you have no claims throughout the year. Unfortunately, the cheapest means you pay more in a car accident.

Third Party means you pay big in a car accident

Recently, there has been a trend of buyers’ regrets due to the huge price war between the major car insurers. In order to provide competitive bids for motorists, many Singapore car insurance companies are pushing their lowest plans of “Third Party Coverage” to convince car motorists that their insurance is the “cheapest”.

Unfortunately, as motorists find out, cheap does not mean the best. Once an accident occurs, they face big out-of-pocket costs.

Approved Workshops Only- Cheaper but restrictions can be expensive.

Once again, to rein in costs and to “prove” to motorists that their coverage is the cheapest, insurance agents push “Appointed Workshops” or “Approved Workshops” only plans, explaining to consumers that these plans are great cover, with a small discount over the older mainstream plans:- any workshops

Appointed or Approved workshops refer to an insurance coverage where you can only repair your cars at workshops that are selected and approved by the insurers. Any workshop plans refer to the traditional mainstream plans that allow you to visit any car workshop to repair and handle your car accidents.

Unfortunately, this lower priced plans may come at a big inconvenience for affected car motorist.

Disadvantages of Approved Workshops Only

  1. Location may not be favourable
  2. Workshops may not be ideal for your car make (especially for more unique or continental car models)
  3. In an accident, you may have no choice but to resort to whichever tow trucks or workshop is able to handle (you may be injured or dazzled to find out an appointed workshop to use). Claims will be more difficult after this
  4. Your usual, or preferred workshop, mechanics etc may not be in your insurance scheme
  5. Changing of insurance companies means you keep changing workshops in accident
  6. Even if repair time is slow, or no availability of a replacement car at the specified workshop, you have no choice.

Insurance companies tend not to dwell on the disadvantages, given the past few years trend of lower cost and price war.

You are losing out on TIME and CONVENIENCE, something that insurance companies hope you do not mind after the accident. And of course, something that you no longer have a choice since you already bought the plan!

You bought comprehensive plans but yet miss out on the convenience, time and quality by choosing Approved Workshop Only instead of Any Workshops.

Why do people want comprehensive plans but go for “approved workshops only”?

Because they want to save money. And they forgot or ignore the costs in the future. Even insurance companies may not like this in the long term because they get angry customers or frustrated customers:- in an accident, how do you still remain calm, composed and seek out workshops that are reputable, nearby, and STILL IN THE INSURERS’ APPROVED LIST?

You are losing a lot on time, convenience and quality of repairs.

Contact HM Consultancy about your concerns and let us find the plans that suit you best:- pricing? quality? long term value? We are experts because we have been in the car industry for decades.

If you have commercial vehicles such as lorries, vans, company cars, you will be glad to meet the specialist for commercial fleet motor car insurance

If you just want to ask for your private personal vehicle, do check out private car motor insurance.

Car insurance in Singapore FAQ

UPDATE: Get $10 voucher just by sharing your car policy details here!

Full Guide to Car Insurance 2020

We have been the most downloaded car insurance guide for 2019 and we hope to have an even better car insurance guide record in Singapore for 2020!

Lets hope 2020 will have less car accidents in Singapore and lower car premiums for all Singapore motorists!

These are the most common questions we have been asked in Singapore regarding motor insurance coverage by motorists over the past 2 decades. Let us know if you have any more new questions! We keen active participants and will update if there are more news on electric car insurance, autonomous vehicles (soon…) etc!

Meanwhile, these are all the decades-old commonly asked questions!

We all know we have to get car insurance, but what if we forget to buy? (or worse still, knowingly ignored to buy)

What will happen if I drive without car insurance in Singapore?

In Singapore, it is compulsory to have car insurance to drive. You need at least Third-Party Risks and Compensation car Insurance in Singapore. (commonly known as Third Party insurance, the other 2 types are 3rd Party with Fire and Theft and Comprehensive Car Insurance)

What is the punishment for driving without motor insurance?

It is an offence that driving a motor vehicle in Singapore without insurance coverage can be fined up to $1,000, imprisonment for up to 3 months, or both. You will also be disqualified from holding or obtaining a driving license for 12 months from the date of your conviction.

What happens if you have a car accident without motor insurance?

Under the law, you have to pay for all repairs or replacing of the other party’s car if you are at fault in the accident, as well as all medical expenses, loss or damages to the other party. This can be a financial disaster.

You will also have to be responsible for your own car’s repairs, and damaged possessions, your personal medical expenses. In the event that your car still have outstanding car loans, merely giving up the damaged car and scrapping it will still give you some debts to pay off.

This is why the Singapore government has made it compulsory for motor insurance, to prevent motorists from financial ruining themselves in an accident.

What types of car insurance are there in Singapore?

  1. Third Party Risks Only
  2. Third Party Risks, Fire and Theft
  3. Comprehensive Motor Insurance

Third Party Only Car Insurance

This is the minimum car insurance scheme that you have to obtain in Singapore, and it is the cheapest because of its no-frills structure. Third Party Only covers

  1. Coverage for other people in an accident if it is your fault.
  2. Nothing at all for you.

That is it. Third Party essentially covers the bare minimum required by law, to cover any other party involved in a car accident caused by you.

Nothing else.

What is Third Party car insurance suitable for?

Budget-conscious drivers with old cars.

If you have a fairly new car, I would recommend you not to consider this, as repair bills and replacement of a totally faulty car can be very expensive in Singapore. Even if this insurance covers your legal liability to the other party, you may face big repair bills for your own car. Even if you choose to scrap, you may face outstanding car loans for your own car that you have to repay.

Choose this scheme only if you have an old car, and only if you have to.

Third Party, Fire and Theft

It covers everything in Third Party, plus damage and losses from fire, theft, and vandalism. That is a lot better than the bare minimum of Third Party Only. You are getting coverage to your own car if you encountered fire, theft or vandalism.

Remember, “low crime doesn’t mean no crime.” (probably trademarked by Singapore Police Force)

What is Third Party with Fire and Theft car insurance suitable for?

Budget-conscious drivers.

This motor policy is still cheaper than the main type of policy, and will have some cost savings for motorists. Do take note that in an accident, it still does not cover your own car damage and losses, so you are still having the same financially exposed to the same risks as a Third Party Only policy.

The extra coverage is very worth it though, as there are still instances of cars burning in flames, car damaged or lost to theft or vandalism.

Comprehensive Car Coverage

Comprehensive motor insurance is the widest coverage and the most popular form of car insurance in Singapore.

As the name implies, you are covered for the other party, your own car, for all death, injuries, damages, and losses. You do not have to worry about medical costs, liabilities, etc that occurred from fire, theft, vandalism, car accidents to your own car or other parties.

Comprehensive coverage compulsory for most bank loans

Comprehensive Coverage is also required by most banks in approving the car loan, as the banks want to ensure that there is insurance coverage over your car.

As much as this popular coverage is sensible, if your car is more than 10 years old, insurers will not allow you to opt for this, you have to go for Third Party with Fire and Theft, as they deem your car too old and invaluable to cover.

What is comprehensive car insurance suitable for?

Most drivers who want to protect their expensive cars, which is basically every car in Singapore thanks to high taxes and COE prices.

Even when you are free to opt for other insurance packages if you have no bank loan, this is the popular and sensible package as you are protecting and reducing your financial risks.

What other benefits in comprehensive car insurance that I may like?

There are plenty of other benefits that insurers throw in, with no or little extra costs that are great for motorists. Some examples are:-

  • extra 10% discount on the 50% NCD (may be popularly termed 60% NCD)
  • 50% NCD Protection
  • Windscreen protection at no NCD loss
  • damage from riot, strikes and civil commotion
  • damage arising from flood and windstorm
  • liability of passengers for acts of negligence
  • personal accident benefits for passengers

What are the difference between Any Workshop and Appointed Workshop motor insurance scheme?

Appointed Workshop Only insurance policies mean in the event of any repairs or assessment of damages, you have to send your car to one of the approved workshop in the insurer’s list of accredited workshop.

You cannot use any workshop as you like.

What if I claim on another party?

In theory, this would not matter whichever policy you are holding. So even if you are holding Approved Workshop only, you can go to any workshop, since the insurer paying out is on the other party.

However, do check with your insurer when an accident happened. This is because it has happened before in Singapore that an insurer deny payouts even on the third party and fight to reduce the payout. The insurer insists the rules apply to claims on another 3rd party insurance (Because the other party insurer is also them!). Sounds weird? Let me explain.

In a case that was published by Straits Times a few years ago, a car motorist was denied coverage and blacklisted by a certain local insurer. The motorist had a car accident and it was deemed the fault lies with the other party.

Hence the car motorist is claiming on the other party’s policy and not on his own (which is an Appointed Workshop only policy). He went to his favourite car workshop, which is not under the Appointed list because he believed he is claiming on the other party and does not come under his own policies.

Unfortunately, the insurance company was covering all the cars involved and under the terms, denied repair payout as it was not under “Appointed Workshops” list of the insurer. It made news and many motorists were appalled to learn that they should be cautious about making claims on repairs in other workshops, even in accidents that are not of their faults.

Any Workshops Insurance Policies

As the name suggests, car motorist can send their cars for repairs to any workshops. This is for reasonable and market priced repairs and assessment.

Insurance companies do make a point to investigate repair bills and assessment that may not make sense and are suspicious of fraud.

3 Ways to get Cheaper Car Insurance

If you are like most Singaporeans, you want the best deal for the buck. A car in Singapore is the most expensive priced in the world, do make a good deal for your motor coverage and save money.

  1. Visit a broker or an agent with more than 1 or 2 insurers.
  2. Increase your deductible (or Excess) that will reduce premiums
  3. Look for deals that tied with workshop, or other insurance package for overall discounts

Visit a broker or agent with many insurance companies

Comparison helps to reduce price, improve quality and most importantly, benefit consumers.

If your agent or broker has more than 1 insurance companies, he can helps to compare and get the best deal for you. The insurance companies know that this agency has volume of business and will reduce premiums or improve the benefits so that the agency will refer business to them.

Always choose an agent with more than 1 insurance companies

Increase your deductible or Excess

Increasing your deductible or excess in car insurance will help you pay lower premiums for your plans.

What is Excess in car insurance?

In car policies, the excess or deductible is the first amount you have to pay out of your pocket for any repairs and damages.

For example a policy may have $500 excess. This mean, in any accident, you have to pay the first $500 of the bill. Say your Honda has a repair bill of $8,000. You have to fork out the first $500, and the insurer will pay for the other $7,500.

You can choose a policy with higher excess. The higher the excess, the lower the premiums for the auto policy.

Choose a combination deals.

Talk to your insurance agency or broker for any tied deals. For example, you can choose to buy home fire, personal accident, and motor insurance together with him and he can work out a discount package for you.

Insurance brokers and agencies with a large variety of products to offer would love such deals with you.

Or you can choose a workshop tied up, where you get reduced premiums for your motor insurance in exchange for using a branded car workshop for your regular maintenance servicing and car repairs.

What is NCD or No Claims Discount?

Motor Insurance 50 NCD

Motor Insurance 50 NCD

NCD refers to No-Claims Discount and is offered to motorists that did not file claims in the previous year or years. If you have not filed a claim in 1 year, the NCD will start at 10% discount. This means you will get a 10% discount on your car insurance premium.

No Claims Discount is offered by all motor insurance companies in Singapore for all Singaporean drivers.

As the years go by, you will get higher and higher NCD. The official highest tier of NCD is 50% discount on your annual car insurance.

Number of claim-free yearsNCD
One year10%
Two years20%
Three years30%
Four years40%
Five or more years50%

Will I lose all my NCD if I make a claim?

No. Insurers understand that for drivers of big NCD, an accident in the years of claims-free years may be a blip in an otherwise good driving record. Hence, a 50% NCD driver will not lose all his NCD, he wil merely falls to 20% NCD.

Similarly, a 40% No Claims Discount  driver will fall to 10% NCD instead of 0% NCD

Current NCDNCD after 1 claim
30% and under0%

Can I lose my NCD if I sell or scrap my car?

If you sell or scrap your car, your no claims discount is still tied to you for as long as 24 months. The insurance company will offer the same NCD if you get a new car within 24 months. Do check with the insurer in advance as there are some companies that only offer the same NCD within 12 months.

What is NCD Protector?

You may choose to add a rider to your car policy that in the event of an accident, the rider will protect your existing NCD and you will not see a drop in the NCD.

This NCD Protector rider is only offered by a few insurance companies and to drivers with 50% NCD. Usually, the rider protects your 50% NCD with 1 claim per year. If there are 2 claims in a year, the NCD will drop to 20%. If there are more than 2, the NCD will be completely wiped out.

Is my NCD entitlement transferable to another person?

No, you cannot transfer NCD to another person, be it relative or close friends.

Why do I hear a 60% NCD?

Some insurers like to reward safe drivers with a long loyal bonus of sticking to the insurance with an additional 10%, making it 50% + 10%. This is actually a loyal bonus for safe driver sticking to the same insurer.

It is, however, a lot more catchy to be called 60% NCD.

What is windscreen protection?

Windscreen refers to the glass portion of the car, and is vulnerable to damage. Usually small incidents will cause windscreen damage or cracks and it is extremely painful to lose a high NCD because of windscreen claims.

Some insurance companies offer windscreen protection for an additional premium to allow for windscreen damage claim without affecting the NCD, subject to an excess.

What is named driver in car insurance plans and why is it important?

The named driver is someone who can drive the car with the owner’s permission and covered under the motor insurance. Besides the car’s owner, you can usually named another 1 or 2 people as the named drivers, and it is common for the driver to add in their spouse or family members as named drivers.

The named drivers enjoy the same benefits as the owner for the motor insurance. In any accident that occurred with a driver that is not listed in the policy, there will be a higher excess in claims.

Higher excess for unnamed drivers

For example, a policy of $500 excess will see the named drivers forking out an excess $500 in an accident.

However, an unnamed driver in the same accident may see a higher excess of $2000. Do check your insurance terms and conditions for the different coverage.

Less or No personal accident coverage for unnamed drivers

Some insurance policies have added benefits of personal accidental benefits for its named drivers. In some case, these extra personal accident benefits are not provided to unnamed drivers in any claims.

What do I do after a car accident?

Stay calm and check to make sure your passengers and you are safe and sound.

If there is any injuries, do seek medical attention first. You can get Emergency Hotlines in Singapore here.

You need to report to Traffic Police within 24 hours if these are involved

  1. Fatality
  2. Foreign Vehicles
  3. Damage to government properties
  4. Pedestrian or Cyclist
  5. Hit-and-run cases
  6. Injury cases where at least 1 person was taken to hospital or any party was injured with medical leave for 3 days and more

If you report to Traffic Police, do note that you still have to contact and file a report separately with your insurers within 24 hours or the next working day.

You do NOT have to report to traffic police after a car accident if the above are not met.

You should do these in in car accident

  1. exchange particulars of the parties involved in accident and take note of the vehicle numbers
  2. do take photographs of the scene of accident from different angles
  3. take photo of the damages to all vehicles (yours and the other parties)
  4. Do not admit fault or liability, leave it to the claims assessment department.

If you do want to file for a claim, you must report to the insurer within 24 hours or by the next working day. You may call your insurer hotline for calling a tow-truck or advice.

Do NOT do these after a car accident in Singapore

  • If there is a fatal accident or someone is injured, do not move the injured person or vehicle till traffic police arrive.
  • Do not move your vehicle before taking photographs and details.
  • Do not allow your car to be towed by unauthorised tow trucks, especially those that showed up mysteriously shortly after an accident (Scam Alert)

What is IDAC for car accident reporting?

IDAC is “Independent Damages Assessment Centres”, a group of independent accident reporting centres that you can visit to make accident reports after an accident. You can visit IDAC for a one-stop accident reporting centre to help with any car claims.

Do I go IDAC after a car accident?

IDAC is a convenient stop. However, they are not linked with all car assurance companies in Singapore.

These car insurance companies are linked to IDAC

  • India International Insurance
  • NTUC Income
  • Liberty Insurance
  • MSIG
  • UOI (United Overseas Insurance)
  • Allied World Insurance
  • First Capital Insurance Limited
  • Tokio Marine Group (only available at Sin Ming Road and Jalan Boon Lay IDAC)
  • Direct Asia Insurance (only available at Sin Ming Road and Jalan Boon Lay IDAC)

If your coverage is not under IDAC, you should go to either their authorised workshop to check for claims and repairs work or if you have Any Workshop coverage, you can visit your preferred car workshop.

You can visit the company website to fill in proper forms.

Do check with your general agent, the company hotline directly if you have other doubts.

Car insurer hotlines for Emergency & Accidents Singapore

We have compiled the latest hotline, updated as of 23th August 2019. These are for all major car insurance companies in Singapore, so if you are a policyholder of their auto motor insurance, do check out the claim pages or call them directly for help.

If you have an agent, you should call them too (the benefit of having an insurance adviser), if not, feel free to contact us directly for claims help or issues with your car insurance policies.

AIG6338 6200AIG Claims Page
AXA1800 880 4741AXA Claims Page
China Taiping6389 6116China Taiping Claims Page
EQ Insurance6333 2222EQ Claims Page
India International Insurance6347 6100III Claims Page
Liberty Insurance1800 5423 789Liberty Claims Page
Lonpac Insurance6250 7388Lonpac Claims Page
NTUC Income6788 6616NTUC Income Claims Page
Great Eastern OAC6248 2660Great Eastern OAC Claims Page
Allied World (Ex RSA)6337 0911Allied World Claims Page
MSIG6337 1208MSIG Claims Page
Sompo (ex Tenet)6226 3323 Sompo Claims Page
Tokio Marine1800 2258647Tokio Marine Claims Page

If you have commercial vehicles such as lorries, vans, company cars, you will be glad to meet the specialist for commercial fleet motor car insurance.

We have covered numerous car fleets in Singapore and is adept at finding the best price with great coverage for you.

If you just want to ask for your private personal vehicle, do check out private car motor insurance.

Get Paid to Your Motor Insurance By Switching Car Workshops

Car motorists love ways to reduce their costs of maintaining their vehicles in Singapore. Right now, car owners have to spend a hefty sum on-road taxes, auto insurance, car servicing and etc.

We can help you reduce your car servicing cost, together with your insurance premium in a GroupBuy package for Singaporeans! Everyone benefits from the volume buying on motor cover and workshop deals.

Reduce your car servicing and motor insurance premiums TOGETHER

If you can improve your car life with better car servicing, and yet see a lowering of your car servicing fees with lower car insurance, does that interest you?

HM Consultancy has tied up with car workshops to bring you

  1. lower car insurance
  2. better car servicing with lower fees

By pledging to do your regular car servicing with our car workshop, we will combine to slash $200 – $300 off your usual car insurance package (Comprehensive, Any Car Workshop Motor Insurance)

Sounds good?

Great Car Servicing Package with One Year Warranty

Not only that, as a mark of confidence in the quality of the car workmanship, you will get a ONE YEAR WARRANTY on your gear box when you do your car servicing with them!

Do email or whatapps us to sign up for this wonderful deal. HP: +65 8163 1130
Email: sales@hminsg.com

Share with your friends this terrific deal on whatsapp and facebook!

General Insurance Agencies for Contractors, Architect, Interior Designers

Looking for a general insurance agency broker for your customers? If you are renovation contractors, or construction A & A contractors, architect firms or interior designers, you want an ideal insurance agent or agency to help your clients and yourself with their project coverage.

(Additional & Alterations works for construction refers to projects that alter or adds on to a current building)

Insurance coverage that your construction clients may need to buy for themselves

  • Contractors All Risks
  • Public Liability

Protection Plans that your construction company need to buy

  1. Work Injury Compensation (Compulsory by Ministry of Manpower aka MOM)
  2. Foreign Workers Medical Plan (Compulsory by Ministry of Manpower aka MOM)
  3. Performance Bonds (Usually requested by large clients)
  4. Public Liability
  5. Professional Indemnity

As long as you are dealing with construction, renovation, architect or interior designs, you may prefer to speak to a professional insurance brokerage to have professional specialist services render to your clients and you.

Work Injury Compensation and Foreign Workers Medical Plans are required.

These are compulsory insurance mandated by the government, Ministry of Manpower. You may as well get the best price and service from a broker to get better service at lower price.

Performance Bonds are very important for big clients, vendors who need assurance of quality for construction projects. You may need a professional expert to ensure performance bonds are done nicely that does not hinder your cashflow needs.

How can I get faster or instant quotes for Contractors All Risk?

Contractors who are pressed for time due to the tight schedule requested from clients may want to get their insurance cover note or cover letter fast and quick so that they can start work.

We are specialist in the construction field and we have tied up with more than a few insurers to get instant quotes and delivery of cover note so that your workers can start work and the project can proceed without delays.

You can get contractors all risk policy cover within minutes. Just email, whatsapp or call us with your details.

Commissions or referral fees for insurance on projects

We work in the long run to provide good customer services and great partnership that are win-win for all parties.

Not only do we provide affordable and competitive quotes for your clients and you, we can also provide great incentives too to the construction, renovation or interior designer firms.

We pride ourselves on finding excellent incentives for our partners to use us for the long term.

You can always reach us at our mobile phone: +65 8163 1130 (Call, SMS or Whatsapp)

You can email us at sales@hminsg.com too

Maid Insurance Broker for Maid Agencies

We have a dedicated team for managing maid insurance and home insurance coverage for clients of maid insurance agencies in Singapore.

Maid insurance is important as our caretakers are responsible for taking care of our children and the elderly in our family. We want to make sure that they are well, and we have the financial means to take good care of them if something unfortunate happens to them.

We also do not want a big financial hole in our pocket if something is to happen to them while they are working in Singapore. This type of insurance does more than protect them, it protects us Singaporeans from big expensive sudden expenses.

Not only do we deal with maid insurance for all types of Foreign Domestic Workers in Singapore; we also provide complimentary home insurance and relevant insurance that employers may choose to take up for their families and home, and we provide good incentives for the maid agencies.

Is there a difference in maid insurance for different countries?

Yes. Different countries have different requirements and bond amounts to compile with their laws and regulations. We will give proper advice based on the prevailing rules.

For example, the Indonesia government has imposed a new minimum wage for all Indonesian domestic workers in Singapore and we need to update our insurance coverage to reflect that.. The Philippines has also updated new rules for workers that are renewing their work contracts in Singapore.

Fast or instant quotes for maids coverage for these nationalities

  • Indonesian maids
  • Cambodian maids
  • Myanmar maids
  • Philippines Maids

We also provide coverage for Philippine maids, we do need to coordinate more details to provide the correct coverage for their bonds

Advantages for Maid Agencies that partners with us

  1. Get queries, quotes, and help within minutes
  2. Standardised packages or custom design maid insurance packages
  3. Dedicated service team to each maid broker
  4. Experienced in servicing small or large maid agencies
  5. Provision of incentives and bonus for domestic helpers agencies

We have a great working relationship with maid agencies because we understand what bosses want, quick fast and great customer service so that deals can be closed fast and efficient.

Fast Maid insurance quotes or packages

We have a dedicated department that specializes in working with a maid and foreign domestic workers so that you can obtain FAST quotes and services in Singapore.

We are reachable via email, SMS, WhatsApp or you can call us directly via our office line and we will reply and update you swiftly.

Our team of general insurance agents and admin officers will also help with your queries, paperwork, and all hassles so that you can focus on your completed deals and customer services. Leave the general insurance to us

Do we pass Referral and Commission for Maid Agencies?

Are you wondering about referral and commission fees for your businesses?

We aim for excellent customer service and great incentives to all maid agencies because we aim for volume bonus on our total pooled business.

Join in our pooling of maid businesses and we will be happy to give great incentives to you, we understand one thing in businesses, long term relationship only thrives from win-win partnerships.

Do maid agencies prefer in-house insurance to earn their own commissions and fees?

No longer currently. The lure of in house commission has been reduced due to the lowering of margins and commissions from the big insurers, thriving to only giving bonuses to big players.

With big hassles in managing general insurance licensing required by Singapore authorities, it may be much easier to outsource this business out and just earn from the incentive of bonus, great customer service, and faster closing rates.

In-house agents are not up-to-date with many insurers and the queries and response to customers are slower than if you partner with a professional. An expert team can provide a more satisfying customer experience to your clients and you.

Domestic Foreign Workers Maids Insurance

Domestic Foreign Workers Maids Insurance

Focus on your business and pairing of employers with their domestic helpers while we focus on you to win!

Small or Large Maid agencies?

It does not matter if you are multi-chain large maid agencies with multiple outlets all over Singapore providing a wide choice of domestic maids OR a small startup with small revenue, for us, our team is focused and will provide the comprehensive package for you and your staff.

Your staff only need to coordinate with us a few times and you will see the difference in our operations.

We set up a system so that it is hassle-free for your staff and you.

So if you are in the domestic helper maid business and need to work with a general insurance adviser, do Whatsapp or Call us on our mobile phone: +65 8163 1130
Or email us at: sales@hminsg.com

Motor Insurance Agency for Car Dealerships

We are motor insurance agency brokers who can work with car dealerships to provide comprehensive or third party fire and theft, third party only auto insurance for their customers.

What if we can provide 100% of commission to you and still provide great and responsive services to you?

HM Consultancy can provide a full commission to all car dealers and even strike a cut for your car dealer from the 2nd year onwards.

Car Insurance experienced with new or secondhand car dealers

We have operated for years with both secondhand refurbished car dealers as well as new car dealers. Many established car parallel importers choose us for all their insurance needs as we provide full commission and great follow up services together with more commission in the future.

If you are a car dealer who wants better business in Singapore, do note our advantages.

Advantages for Car Dealers working with us

  1. Fast and efficient
  2. Queries, quotes, and help within minutes
  3. Dedicated service team to each car dealer
  4. Experienced in servicing small car dealers of 2-3 cars to car dealers of 350 cars
  5. Incentives for car dealers

We used to manage cars and fleets, so we understand what Singapore car dealerships want. Fast, SWIFT, QUICK quotes for your car insurance questions and answers.

Fast Motor Insurance Quotes for Car Dealers

We have a dedicated department that specializes in working with car dealers so that you can obtain FAST quotes and services in Singapore.

You can send all vehicle quote requests and inquiries via email, SMS, WhatsApp or direct calling our office line and we will respond fast.

Our team of auto insurance agents and admin officers will also help with your queries, paperwork, and all hassles so that you can focus on your car sales and customer services. Leave the general insurance to us

Is there Referral and Commission for Car Dealerships?

Concerned about referral and commission fees for your businesses?

We aim for excellent customer service and great incentives to all car dealerships because we aim for volume bonus on our total pooled business.

You can benefit together with us by pooling your business with us, we will provide a healthy referral to you guys.

Do Car dealers prefer in-house insurance to earn their own commissions and fees?

Yes, in the past. In the past, car dealers prefer to have their in-house agents so that they are able to earn and keep most of the incentives and bonus for themselves as an additional profit stream for their buy and sell businesses.

However, this is no longer attractive currently. Motor insurance premium has dropped, and the commission margin and incentive is low and not so worth it. There are hassles and costs of human resources in developing and maintaining good experience agents in the company and it is not worth the lower referral fees now.

Furthermore, in-house agents are not up-to-date with many insurers and the queries and response to customers are slower than if you partner with a specialist. We are the specialist that can give a much better customer experience to your clients and you.

Focus on your car trade while we focus on you, with great incentives for you too!

Small or Large Car Dealers?

Motor Insurance Agent for Car Dealers

Motor Insurance Agent for Car Dealers

We have worked with small scrap car dealers that manage only 1-2 cars in their inventory, and even startups that are not holding car inventories.

We have also worked with big car dealers with tens and hundreds of vehicles like lorry, van, truck.

We understand different dealerships have different needs and we have personals that have the skill and experience to give good, fast, and responsive service to clients.

Wide range of motor insurance

We deal with more than a few insurers so we have a range of different car insurance for your differing customers. From comprehensive premium motor insurance to affordable third-party policies, we can provide different quotes to meet your different customers’ needs.

  • Comprehensive auto insurance
  • Third Party, Fire and Theft
  • Third Party Only

Third Party covers any other car or person that is involved in an accdident with you, but excludes coverage of the cost of your own car. Third Party, Fire and Theft is like third-party AND the additional coverage of protecting your car from damages or loss via fire or theft. Comprehensive means covering 3rd party, fire and theft AND also damage and losses on your own car from an accident.

If your car dealership handles different sort of vehicles in Singapore, you will be glad that we have the expertise for them. We deal with many types of vehicle insurance from

  • Commercial auto fleet for lorry, trucks, vans, cars
  • Private car
  • Class 3A, 3C, 3CA, 3 for all types of cars
  • Class 4A for Omnibuses
  • Class 4 for heavy motor vehicles of unladen weight exceeding 2500 kg
  • Class 5 for heavy motor vehicles of unladen weight exceeding 7250 kg

So if you are a car dealership or handling cars and wish to have a partner for general insurance, Whatsapp or Call us on our mobile phone: +65 8163 1130
Email us at: sales@hminsg.com

Life Insurance Manager: How to Be our General Insurance Agent

For life insurance agency manager or life insurance adviser, getting a general insurance certification and partner is part and parcel of expanding your career path and improving your range of products and sources of passive income.

Why are so many general insurance advisers stay in this career much longer than life career agents?

Passive income from passive commission.

General insurance products are designed to last, and the commission brackets are designed to give income to the agent as long as the product is renewed.

This gives a great incentive for the general agent to stay, give great service to his clients and receive stable income monthly.

Life insurance commission halved from first year commission to 2nd year, and go to pathetic single digital commission level after 2nd year. General insurance commission usually maintains the same level as the first year commission year after year.

A typical motor insurance may stay with the motorist for 10 years. A personal account stays for decades.

Group policies and business packages stay with the companies for years and decades.

Stable, passive commission year after year after year.


How to become a certified general insurance agent in Singapore?

There are many life insurance advisers who want to get a general insurance license to provide a wider range of products to your clients. An agent will seem to be less completed if his clients called him and ask for help with his motor insurance or corporate public liability coverage and the life agent has to sheepishly confess he is unable to handle it personally.

The good news is, getting to be a professional General Insurance agent is not difficult.

Who can be a general insurance agent? How do you become a certified agent?

All you need is:-

  1. be at least 18 years of age,
  2. be a Singapore citizen/PR or a foreigner with a valid Work Permit
  3. possess at least 3 GCE “O” Level credit passes.
  4.  You must possess the following professional qualifications:
  • Basic Insurance Concept and Principles (BCP)
  • Personal General Insurance (PGI)
  • Commercial General Insurance (CGI)

How long does it take to become an insurance agent?

The 3 certificates BCP, PGI and CGI are simple exams that are taken with Singapore College of Insurance (SCCI). You can choose to take them on your own or arrange with a General Insurance broker or insurer to take these exams.

Studying for General Insurance for more money

Studying for General Insurance for more money


You can finish these examinations within a few weeks. Each examination will provide a certification on the spot when you finished the paper with passing grades.

How much does a general insurance agent make in Singapore?

A general insurance agent’s commission may not seem as high as a life insurance consultant of an average of 40% and can reach a high of 60% for some products, but the good news is General Insurance product commission are perpetual.

Most general insurance products range from 10% to 25% but the good news is the commission level stays the same even for the 2nd, 3rd, 4th or N-th years. This makes general insurance a very attractive stable passive income for the long term.

How much do commercial general insurance agents make?

It is not uncommon for senior General insurance advisor to have 6 figures annual income just from old and recurring general insurance commission. This is amazing considering that life insurance commission usually only last 4 to 6 years.

Is it hard to sell general insurance?

Do you know Singaporeans who have cars and is compulsory to buy motor insurance yearly? Do you know Singaporeans who travel and need travel insurance? Do you know friends and families who own small businesses such as food and beverage cafe, restaurants, retail shops, trading companies, online businesses? Would you have friends who live in HDB, condos or landed properties?

General insurance needs exist in our daily lives and is more prevalent than life insurance, hence the name “general” insurance.

is it tough to sell something that everyone uses every day? It is a lot easier than most people think.

Life Agency Manager, You need a General Insurance partner!

General Insurance for all life agents managers

General Insurance for all life agents managers

If you are an agency manager of life insurance, you definitely should get a GI insurance partner where we can provide simple and complicated general insurance quotes for your established client base as well as for clients of agents under your agency.

Your new agents may have friends or family that request for quotation of complicated corporate or general insurance and it would seem unprofessional if you are unable to clinch this business for your agents. Do speak to us on how we can partner together.

Do contact us via cw@hminsg.com or WhatsApp : +65 8163 1130 for if you are a financial advisor who is determined to strengthen your career path in this industry. We provide a comprehensive range of general insurance products for your business!