Motorcycle insurance
Budget Direct vs FWD motorcycle insurance
As of 12 Nov 2026 (Singapore time)
Of the 10 examples both price, Budget Direct was cheaper on 10, FWD on 0. Your own answers can change the order, so get your own quote.
Buy at these prices through Shenton Insurance Brokers: https://shentonbrokers.com/compare/motorcycle/budget-direct-vs-fwd
Motorcycle insurance promotions today: ECICS, 15% off; Etiqa, 10% off. Prices shown include discounts from featured insurers; other insurers are shown at full price with no discount.
Lowest price on each example
| Example | Budget Direct | FWD |
|---|---|---|
| Class 2B bike (up to 200cc), rider aged 30 | S$262.19Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$386.72FWD Motorcycle Insurance (underwritten by Income) ComprehensiveBuy Nowas at 4 Nov 2026 |
| Class 2A bike (201 to 400cc), rider aged 35 | S$309.43Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$441.73FWD Motorcycle Insurance (underwritten by Income) ComprehensiveBuy Nowas at 4 Nov 2026 |
| Big bike (above 750cc), rider aged 45 | S$531.14Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$763.22FWD Motorcycle Insurance (underwritten by Income) ComprehensiveBuy Nowas at 4 Nov 2026 |
| Delivery rider, Class 2B bike, aged 28 | No online price | No online price |
| New rider aged 22, Class 2B bike | No online price | S$1,421.23FWD Motorcycle Insurance (underwritten by Income) ComprehensiveBuy Nowas at 4 Nov 2026 |
| Class 2B bike, rider aged 30, third party, fire and theft | S$199.41Budget Direct Motorcycle Third party, fire and theft (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$248.21FWD Motorcycle Insurance (underwritten by Income) Third party, fire and theftBuy Nowas at 4 Nov 2026 |
| Class 2B bike, rider aged 30, third party only | S$157.01Budget Direct Motorcycle Third party only (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$164.10FWD Motorcycle Insurance (underwritten by Income) Third party onlyBuy Nowas at 4 Nov 2026 |
| Class 2A bike, rider aged 35, third party only | S$157.26Budget Direct Motorcycle Third party only (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$176.69FWD Motorcycle Insurance (underwritten by Income) Third party onlyBuy Nowas at 4 Nov 2026 |
| Big bike (above 750cc), rider aged 45, third party only | S$274.12Budget Direct Motorcycle Third party only (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$296.39FWD Motorcycle Insurance (underwritten by Income) Third party onlyBuy Nowas at 4 Nov 2026 |
| Class 2B bike, rider aged 30, no NCD | S$389.27Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$483.40FWD Motorcycle Insurance (underwritten by Income) ComprehensiveBuy Nowas at 4 Nov 2026 |
| Class 2B bike, rider aged 30, 10% NCD | S$307.79Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$435.06FWD Motorcycle Insurance (underwritten by Income) ComprehensiveBuy Nowas at 4 Nov 2026 |
| Class 2B bike, rider aged 30, 15% NCD | S$283.12Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use)Buy Nowas at 3 Nov 2026 | S$410.90FWD Motorcycle Insurance (underwritten by Income) ComprehensiveBuy Nowas at 4 Nov 2026 |
All prices include 9% GST.
These are example prices for the details above. Your own price depends on your answers.
The prices are estimates: the insurer's own quote can differ.
Cover side by side
| Cover | Budget Direct | FWD |
|---|---|---|
| Repairs at | Insurer-arranged repairs; policy excess S$500 as quoted (adjustable from S$0 to S$800 in Budget Direct's own quote) | A quality workshop chosen by Income |
| Personal accident (rider) | Optional cover, at extra premium | S$1,000, at no extra cost |
| Helmet and riding gear | Not stated in the plan table | Not stated in the brochure or the conditions |
| Excess | S$500.00 | S$300.00 |
Dearer plans from either insurer can cover more. Read the policy wording before you buy.
Discounts running today
- Budget Direct: none to show
- FWD: none to show
More about each
See every insurer's price for your own answers, cheapest first.
Get your own quoteQuestions people ask
Is Budget Direct or FWD cheaper for motorcycle insurance?
Of the 10 examples both price, Budget Direct was cheaper on 10, FWD on 0. Your own answers can change the order, so get your own quote.
How does Budget Direct's cover compare with FWD's?
On each one's cheapest plan for a Class 2B bike (up to 200cc), rider aged 30 (Budget Direct Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use), FWD FWD Motorcycle Insurance (underwritten by Income) Comprehensive): Repairs at: Budget Direct Insurer-arranged repairs; policy excess S$500 as quoted (adjustable from S$0 to S$800 in Budget Direct's own quote), FWD A quality workshop chosen by Income; Personal accident (rider): Budget Direct Optional cover, at extra premium, FWD S$1,000, at no extra cost; Helmet and riding gear: Budget Direct Not stated in the plan table, FWD Not stated in the brochure or the conditions; Excess: Budget Direct S$500.00, FWD S$300.00.
What discounts are Budget Direct and FWD running?
Budget Direct: none to show. FWD: none to show.