Cupra Formentor insurance for a 27-year-old new driver

In short

On 12 Nov 2026, the cheapest comprehensive car insurance for a Cupra Formentor driven by a 27-year-old new driver is S$5,126.56 a year (GST included) at Singlife, Motor Lite; it is the only insurer that quotes this driver online.

Compare every insurer we price for a Cupra Formentor on one page: https://shentonbrokers.com/prices/car/cupra-formentor

Buy at these prices through Shenton Insurance Brokers: https://shentonbrokers.com/car-insurance-quotes/cupra-formentor/age-27-new-driver

Car insurance promotions today: HL Assurance, 25% off; Etiqa, 20% off, new customers only. Prices shown include discounts from featured insurers; other insurers are shown at full price with no discount.

• 1 insurer quotes this driver online; 15 do not.
• That is 3.0 times what a 40-year-old with a 50% NCD and no claims pays for the same car (S$1,716.06).

Why this driver pays this

• A driver in the first year of driving has no record to go on, so insurers charge a new-driver loading and there is no no-claim discount to take off. Young drivers, under about 26, pay a further loading at most insurers.
• The car matters too: insurers group models by value, repair costs and claims; the Cupra Formentor has a 1,984cc engine.
• 15 insurers do not quote this driver online on this car: AIG (This insurer has no online price for this car model yet); Allianz (This insurer has no online price for this car model yet); DirectAsia (This insurer has no online price for this car model yet); ECICS (ECICS quotes drivers with at least 2 years of driving experience online); ERGO (This insurer has no online price for this car model yet); Etiqa (This insurer has no online price for this car model yet); Great American (This insurer has no online price for this car model yet); Great Eastern (This insurer has no online price for this car model yet); HL Assurance (HL Assurance asks for at least 2 years of driving licence online); India International (This insurer has no online price for this car model yet); Liberty (This insurer has no online price for this car model yet); MS First Capital (This insurer has no online price for this car model yet); QBE (This insurer's online price is for drivers with at least 2 years of driving experience); Sompo (This insurer has no online price for this car model yet); UOI (This insurer has no online price for this car model yet).

Price history

Since 2 Nov 2026 the lowest price is unchanged, and Singlife has been cheapest throughout.

The Cupra Formentor

• Priced as a Cupra Formentor 2.0 TSI DSG [190] (1,984cc), registered 3 years ago.
• With a 1,984cc engine, above 1,600cc, the Cupra Formentor 2.0 TSI DSG [190] needs a Category B COE (S$132,334 in the November 2026, 1st round).
• Road tax: about S$1,193.34 a year for a 1,984cc engine, before any surcharge for a car over 10 years old.
• For a 27-year-old new driver, the Cupra Formentor is the 867th cheapest of 940 car models to insure. Among 226 cars of 1,601cc to 2,000cc it is 214th cheapest, 73% more than the middle price of S$2,964.52.
• Cupra Formentor review: list price, COE, road tax and insurance.

How these prices are worked out

Each price is what the insurer charges today for these answers, GST included: from the rates insurers publish or quote on their own sites, checked against their online quotes every week. Shenton Brokers is an insurance broker in Singapore and compares every insurer that quotes this driver online. Budget Direct, FWD, Income, MSIG quote live with your own answers on our results page, so they are not in these figures. The figures for every driver on this car are in a CSV file, updated daily.