The N-Box L is a version of Honda's small 658cc car. It is listed apart from the Custom Turbo, and its insurance field is slightly wider. If you own one or plan to, this guide covers the yearly costs the facts support.
Every insurance price below is an example, as of 1 November 2026. Each is for one stated driver and one car age. Your own price depends on your answers.
Which N-Box this is
The new-car list has no entry for the N-Box L on sale now. So this guide gives no list price, power figure or body type for it.
The price page prices the Honda N-Box L with an automatic gearbox and a 658cc engine. It is the version most insurers quote under this name. If your log card shows a different engine or version, your road tax and premium may differ.
COE under the price page's rule
You need a COE for any car here. With a 658cc engine, the price page says the N-Box L needs a Category A COE if its power is 97kW (130bhp) or less. With more power, it needs a Category B COE.
The October 2026 2nd round closed at S$132,004 for Category A and S$131,901 for Category B. The COE page keeps the latest results.
Road tax at 658cc
Under LTA's formula, road tax for a 658cc engine is S$324.14 a year, before any age surcharge. That keeps one fixed yearly cost low.
Cars over 10 years old pay a surcharge:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
On such a small base, the surcharge adds little in dollars. The road tax page shows the full formula.
Premiums for one standard driver
The Honda N-Box L price page uses this profile:
- The car: N-Box L, registered 3 years ago, private use, comprehensive cover
- The driver: aged 40, married, office job, 10 years of driving
- The record: 50% NCD, no claims
- Repairs: authorised workshop, no options
On these details, 9 insurers give a price. The lowest is S$654.92 a year. The insurer whose lowest plan costs most asks at least S$1,322.72. That is S$667.80 more, or 102% on top. All prices include 9% GST.
10 insurers have no online price for this version. The 9 that do give you a fair field to compare.
How the excess varies
The excess runs from S$300 to S$2,500 on this page. The lowest premium carries S$500. Most plans in the middle carry S$600, and one carries S$1,200. One plan carries S$2,500. The three dearest plans each carry S$300.
So the lowest premium also has one of the lower excesses. The plans with the lowest excess cost much more. One low-priced plan covers collision only, and some prices are marked as estimates.
The changes that matter
The price page varies one detail at a time:
- No NCD (0%): S$1,455.37, or S$800.45 more
- 20% NCD: S$1,164.29, or S$509.37 more
- Driver aged 27, 3 years' driving, 30% NCD: S$1,296.87, or S$641.95 more, from 7 insurers
- Driver aged 65, 20 years' driving, 50% NCD: S$701.96, or S$47.04 more, from 8 insurers
- New car, registered this year: S$565.01, or S$89.91 less, from 8 insurers
- Car 8 years old: S$700.05, or S$45.13 more
No NCD is the costliest change. The lowest price rises by 122%, more than the young driver profile adds.
On this car, a new car costs less to insure than one registered 3 years ago. An 8-year-old car costs a little more. That pattern is not true of every car, so it is worth checking for yours.
The older driver pays only slightly more. Keep in mind these are lowest prices only. Plans higher up may move by different amounts.
Similar small cars, same driver
The price page sets the N-Box L beside six cars of a similar engine size, for the same driver and car age:
- Mitsubishi i: S$799.43
- Subaru R1 i: S$735.71
- Subaru R2: S$735.71
- Suzuki Alto: S$657.42
- Suzuki Hustler: S$657.42
- Perodua Kancil: S$637.65
Their average lowest price is S$703.89. The N-Box L costs 7% less than that. One of the six is cheaper to insure on these details.
The two Suzuki models come within a few dollars. Several of the six draw fewer insurers than the N-Box L, which gives you a wider choice here. Other Honda models are on the Honda car insurance page.
Costs you set yourself
Each of these depends on your own use:
- Parking: season parking where you live, plus parking at work and when out.
- Petrol: your mileage and pump prices.
- ERP: the gantries you pass and when.
- Servicing and parts: follow the maker's schedule. For an imported small car, ask how easily parts can be found.
- Depreciation: what you pay against the COE life that remains.
Summary of yearly costs we can show
For the Honda N-Box L, as of 1 November 2026 unless dated otherwise:
- Road tax: S$324.14 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$654.92 a year
- Insurance, no NCD: from S$1,455.37
- Insurance, driver aged 27: from S$1,296.87
- Insurance, car 8 years old: from S$700.05
COE for reference: S$132,004 for Category A and S$131,901 for Category B in the October 2026 2nd round.
Before you buy: car insurance for the Honda N-Box L
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Honda N-Box L to see today's prices from every insurer we compare and how they change with the driver and the car's age. Or get a quote with your own details.