Cover for high-value, high-performance and collector cars. We arrange policies built around what your car is actually worth, with personal service before and after a claim.
Driving a standard car? You can buy Sompo's cover online in minutes; your purchase completes on Sompo Singapore's site. IPG is an appointed agency of Sompo. Want to see other options? Contact us and we will compare plans for you.
Immediate support anytime, anywhere
Stay on the move with a free 2-litre car for up to 5 days
Get home in comfort if you can’t drive after an incident
Protection specifically crafted for luxury and high-performance cars
Covers legal liability for injury or damage to third parties.
Coverage for the driver and passengers in the event of an accident.
Zero depreciation, engine and gearbox protection, and cover options sized for the true value of the car rather than standard market tables.
Protection for your car against accidents, theft, and natural disasters.
Immediate help for breakdowns and emergencies.
Designed to provide peace of mind and financial security.
Transfer your policy to IPG for free. We'll handle renewals and answer your questions. Just write us and we'll contact you by the next working day.
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A: Typically high-performance marques, luxury saloons and SUVs, classic and collector cars, and any vehicle whose value or parts costs sit well above standard market tables. If replacement parts need to come from the manufacturer or repairs need a specialist workshop, it belongs in this category.
A: Yes, car insurance is mandatory for all vehicles driven on public roads in Singapore. Under the Motor Vehicles (Third-Party Risks and Compensation) Act, every vehicle owner must have at least Third-Party Only (TPO) insurancebefore their vehicle can be registered or used.
This legal requirement ensures that:
To renew your road tax or register a car with the Land Transport Authority (LTA), a valid motor insurance policy must be in place and reflected in the LTA’s system.
Failure to comply may result in:
While TPO is the minimum required, most drivers in Singapore opt for Comprehensive insurance for broader protection.
A: Your car insurance premium in Singapore is calculated based on risk profiling, where insurers assess how likely you are to make a claim. Several key factors influence the price:
Driver Profile
No Claim Discount (NCD)
A reward system for claim-free years. The higher your NCD (up to 50% for private cars), the lower your premium.
Vehicle Details
Usage Type
Parking Location and Registration
Coverage Level and Add-Ons
Because standard depreciation tables undervalue many luxury and collector cars, the insured value you agree at the start matters more than any other factor.
A: Yes. NCD of up to 50% applies to luxury vehicles the same way as any private car, and it can usually be transferred when you change insurer. If you move your policy to IPG, we handle the NCD transfer as part of the switch.
A: In Singapore, your No Claim Discount (NCD) is attached to you as a policyholder, not the vehicle, so it can be transferred under certain conditions.
If you change insurers:
If you sell your car:
Additional Notes:
Depending on the plan, cover can include repair at authorised dealers or approved specialist workshops rather than a standard panel workshop. Ask us which plans include this — for most luxury owners it is the deciding factor.
A: If you’re involved in a car accident in Singapore, it’s crucial to stay calm and follow the proper procedures to protect your legal and insurance rights.
Step-by-Step Guide:
1. Ensure Safety First
◦ Move to a safe location if possible.
◦ Check for injuries—call 995 for an ambulance if needed.
2. Call the Police (required when):
There are injuries or fatalities
◦ A government vehicle or foreign vehicle is involved
◦ The other party is uncooperative or driving under the influence
◦ Serious damage occurs to public property (e.g., lamp posts, railings)
3. Document the Scene
◦ Take clear photos of vehicle damage, licence plates, the road layout, and any skid marks.
◦ Record the date, time, and weather conditions.
4. Exchange Information
◦ Get the names, contact numbers, NRIC numbers, vehicle registration, and insurer details of all parties involved.
◦ Collect details from any eyewitnesses.
5. Report to Your Insurer
◦ Report the accident within 24 hours or by the next working day, even if you don’t intend to file a claim.
◦ Failure to report promptly may result in loss of your No Claim Discount (NCD) or policy rejection.
6. Visit an Authorized
Reporting Centre or Workshop
Most insurers in Singapore require accident reporting to be done in-person at a panel workshop or authorised reporting centre.
Bonus Tip:
Keep an accident reporting checklist and emergency contact numbers in your glovebox or saved on your phone. This helps avoid panic during stressful situations
Get our free checklist: what your work pass really covers in Singapore, and the five questions to ask before you buy. Practical, unbiased, no sales pitch.
