Commercial vehicle insurance explained
Typical commercial vehicle insurance quotes in Singapore
India International's price today for 6 typical vehicles by tonnage band, each a Toyota made 3 years ago with no NCD or claims unless its page says so. Only India International is priced on this page, from the table swept off its own buy page. Etiqa and Budget Direct quote live from their own sites with your answers, so they have no price here: see theirs with your own vehicle on our commercial vehicle page, or press Ask Shenton to arrange.
In short
On 12 Nov 2026, India International's third-party-only cover for a typical van, lorry or pickup costs from S$1,141.11 to S$1,479.81 a year, GST included, by tonnage. Comprehensive cover costs more; a refrigerated vehicle costs more again.
By vehicle
| Vehicle | Third party only | Comprehensive from | Made 8 years ago | Made 12 years ago | With 20% NCD |
|---|---|---|---|---|---|
| Van, lorry or pickup, under 1 ton2,600 kg laden, 1,700 kg unladen | S$1,141.11 | S$1,522.01 | S$1,107.88 | S$1,201.26 | S$912.89 |
| Van, lorry or pickup, 1 to 2 tons3,500 kg laden, 2,000 kg unladen | S$1,354.77 | S$1,747.07 | S$1,313.62 | S$1,392.37 | S$1,083.82 |
| Van, lorry or pickup, 2 to 3 tons5,500 kg laden, 2,700 kg unladen | S$1,479.81 | S$1,898.06 | S$1,437.08 | S$1,557.99 | S$1,183.85 |
| Refrigerated, under 1 ton2,600 kg laden, 1,700 kg unladen | S$1,617.49 | S$2,064.72 | S$1,570.01 | S$1,701.77 | S$1,293.99 |
| Refrigerated, 1 to 2 tons3,500 kg laden, 2,000 kg unladen | S$1,875.48 | S$2,464.98 | S$1,820.08 | S$1,974.79 | S$1,500.39 |
| Refrigerated, 2 to 3 tons5,500 kg laden, 2,700 kg unladen | S$2,047.99 | S$2,682.90 | S$1,987.84 | S$2,156.79 | S$1,638.39 |
Every vehicle is in one CSV file, updated daily. Compare all three insurers with your own vehicle.
How these prices are worked out
India International's prices are worked out from the table swept off its own buy page on 28 Oct 2026 and checked against it every week: its figure before GST, plus 9% GST. Etiqa and Budget Direct quote live and are not priced on these pages. Shenton Brokers is an insurance broker in Singapore. Every vehicle is in a CSV file, updated daily.
Questions people ask
How much is commercial vehicle insurance in Singapore?
At India International today, for a Toyota van, lorry or pickup made 3 years ago with no NCD or claims, third party only costs from S$1,141.11 (under 1 ton) to S$1,479.81 (2 to 3 tons) a year, GST included. Etiqa and Budget Direct quote live on our commercial vehicle page.
Why is only India International priced here?
Only India International is priced on this page, from the table swept off its own buy page. Etiqa and Budget Direct quote live from their own sites with your answers, so they have no price here: see theirs with your own vehicle on our commercial vehicle page, or press Ask Shenton to arrange.
What is commercial vehicle insurance?
Motor insurance for vehicles used for business: goods vans and lorries, private buses and coaches, company cars and fleets. Third-party cover is the legal minimum. Comprehensive cover adds damage to your own vehicle, fire and theft.
How do I buy it?
Buy Now takes you to India International’s own buy page, where you enter the vehicle again and buy through SingPass; India International issues the policy. Etiqa and Budget Direct are bought on their own sites after you see their live price on our commercial vehicle page. Ask Shenton to arrange sends us the plan and we arrange it for you.